JetBlue Airways reported its results for the fourth quarter and full year 2015, with operating income of US$330m in the fourth quarter. This compares to operating income of US$169m in the fourth quarter of 2014. For the full year 2015, JetBlue reported operating income of US$1.2bn. This compares to operating income of US$515m in 2014. […]
JetBlue posts full year 2015 net income of US$677m Read More »
Air Partner, the global aviation services group, is today releasing a Trading Statement ahead of entering a close period on 31 January 2016. Trading momentum in the second half of its financial year ended 31 January 2016 remained good, with a stronger than expected end to the period. As such, the company expects underlying pre-tax
Air Partner releases pre-close trading statement Read More »
Hawaiian Holdings, parent company of Hawaiian Airline, reported its financial results for the fourth quarter and full year 2015. GAAP net income in the fourth quarter grew to U$37.9m, a year-over-year increase of US$26.8m. For the full year, GAAP net income grew to US$182.6m, a year-over-year increase of $113.7m. Adjusted net income in the fourth
Hawaiian Holdings reports 2015 fourth quarter and full year financial results Read More »
Accenture (ACN) has completed the US$830m sale of Navitaire to Amadeus. As part of the acquisition, approximately 550 Navitaire employees, including the company’s senior management team, will transfer to Amadeus with immediate effect.
Accenture completes sale of Navitaire to Amadeus Read More »
Rockwell Collins has entered into a definitive agreement to acquire the assets of the Matrix series projector product lines from Christie Digital Systems (Christie). The transaction will give military and aviation customers a more comprehensive partner for all their current and future simulation and training projector needs. Rockwell Collins will acquire the Matrix SIM and
Avolon, the international aircraft leasing company, issued an update for the 2015 fourth quarter (‘Q4’) and full year and announced that Bohai Leasing is investing an incremental US$1.2bn of equity capital in the business bringing Avolon’s total available liquidity to US$2bn to accelerate growth in 2016 and beyond. Avolon begins 2016 as a wholly-owned, indirect
US$1.2bn fresh equity injection into Avolon Read More »
German General Aviation operator and air ambulance specialist FAI rent-a-jet AG (dba Flight Ambulance International) is marking another successful year as it closes its books on 2015. The Nuremberg-headquartered company has recorded an operational income of approximately €80m, up on the 2014 figure of €73.5m. The growth has been predominantly driven by a 37% increase
2015 delivers another record year for FAI Read More »
Alaska Air Group reported fourth quarter net income, excluding special items, of US$186m a 49% increase over the fourth quarter of 2014. Alaska reported full-year net income, excluding special items, of US$842m, a 47% increase over 2014. The company reported net income for the fourth quarter and full year under Generally Accepted Accounting Principles (GAAP)
Alaska Air Group reports fourth quarter net income increase of 49% Read More »
Southwest Airlines reported fourth quarter net income, excluding special items, of US$591m, compared with fourth quarter 2014 net income, excluding special items, of US$404m. Southwest reported fourth quarter GAAP net income of US$536m, compared with fourth quarter 2014 GAAP net income of US$190 million. Fourth quarter operating income, excluding special items, was US$992m resulting in
Southwest Airlines posts fourth quarter and annual profits Read More »
UAL reported full-year net income of US$4.5bn excluding special items; including special items, UAL reported full-year net income of US$7.3bn. These results include a nonrecurring US$3.1bn non-cash benefit associated with the reversal of the company’s income tax valuation allowance. UAL reported fourth-quarter net income of US$934m, excluding special items; including special items, UAL reported fourth-quarter
