Financial

Willis Lease Finance net income increases 16% to $5.1 million in 1Q08

Willis Lease Finance Corporation reported high utilization of its growing engine portfolio and continuing strong demand for leased engines contributed to 19% year-over-year revenue growth in the first quarter of 2008. Willis Lease generated net income available to common stockholders of $4.3 million, or $0.49 per diluted share, in the first quarter of 2008, up

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United receives lender approval for credit facility amendment

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

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Hawaiian Holdings reports first quarter net loss of $19.9 million

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

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