Financial

Iberia’s first-quarter results were dulled by the sharp hikes in the price of aviation fuel, which translated into an additional cost of

GA Telesis (“GAT”) has acquired the assets of Curtiss Wright Accessories Services located in Miami, FL, from Curtiss-Wright Controls, Inc. GAT will operate the business as a going concern rebranded as GA Telesis Component Repair Group Southeast (

Vought reported that revenue for the three months ended March 30 was $425.4 million, an increase of $44.7 million or 12%, compared with revenue of $380.7 million for the same period last year. The growth was driven by increases in both the commercial and military categories. Commercial revenue increased by $21.4 million or 11%. Revenues

UAL Corporation announced that with the approval of its lenders it has amended its existing $1.5 billion Amended and Restated Revolving Credit, Term Loan and Guaranty Agreement dated as of February 2, 2007 with JPMorgan Chase Bank, N.A., Citicorp USA, Inc., J.P. Morgan Securities Inc., Citigroup Global Markets, Inc., Credit Suisse Securities (USA) LLC and

SkyWest reported operating revenues of $868.0 million for the quarter ended March 31, 2008, a 10.0% increase, compared to $789.0 million for the same period last year. SkyWest also reported net income of $29.1 million for the quarter ended March 31, 2008, a decrease of 16.2% compared to $34.8 million of net income for the

JAL Group reported a revision of its consolidated financial forecast for FY2007, the year ended March 31, 2008, reflecting the trends of recent performance. The revised forecast supersedes the Group

Hawaiian Holdings, parent company of Hawaiian Airlines, reported a consolidated net loss for the three months ended March 31, 2008, of $19.9 million on total operating revenue of $251.2 million. This result compares to a net loss of $11.9 million for the three months ended March 31, 2007. The Company reported a loss before taxes

Finnair’s turnover grew in the first quarter by 9% to 577 million euros. The operational result strengthened to 11 million from nearly 6 million euros the previous year. “Following last year’s good profit development, we have entered this year in a good position. Finnair’s balance sheet position is strong and our business is fundamentally in

Silverjet, the British exclusively business class airline, announces an update on its working capital position and that it has entered into a memorandum of understanding with a UAE based investor (the “Investor”). Following recent material increases in fuel prices and tightening of credit conditions in the airline industry, Silverjet’s working capital has deteriorated and its