Financial

In the first nine months of 2015, MTU Aero Engines AG boosted its revenues by 16% to €3,257.0m (1-9/2014: €2,811.6m). The group’s operating profit grew by 23% to €333.1m (1-9/2014: €270.9m), while the EBIT margin rose from 9.6% to 10.2%. Net income increased by 30% to €231.4m (1-9/2014: €178.3 million). MTU’s commercial maintenance business recorded […]

Garuda Indonesia booked a net income of US$51.4m through the third quarter 2015, an increase of 123.4% compared to the same period last year when it incurred a loss of US$220.1m. The Company also increased total revenue from US$2.83bn through the third quarter 2014 to US$2.84bn during the same period in 2015. Meanwhile, total expenses

Safran reported that third-quarter 2015 adjusted revenue was €4,141m, up 15.4% year-on-year at an average EUR/USD rate in Q3 2015 of 1.11. On an organic basis, growth was 4.6%, driven notably by an increase of civil aftermarket revenue (up 18.5% in USD). The full-year 2015 outlook is confirmed for adjusted revenue growth, adjusted recurring operating

UAL reported third-quarter net income of US$1.7bn, excluding special items. Including special items, UAL reported third-quarter net income of US$4.8bn. These results include a nonrecurring US$3.2bn non-cash gain associated with the reversal of the company’s income tax valuation allowance. For the third quarter of 2015 United reported revenue of US$10.3bn, a decrease of 2.4% year-over-year.

Kaman Corporation reported that its Aerospace segment has acquired Timken Alcor Aerospace Technologies (TAAT) of Mesa, Arizona. TAAT, which will be renamed “EXTEX Engineered Products, Inc.,” designs and supplies aftermarket parts to support businesses conducting maintenance, repair, and overhauls (MROs) in aerospace markets primarily located in North America. Kaman Corporation, Executive Vice President and Chief

The Boeing Company reported third-quarter revenue increased 9% to US$25.8bn on record commercial deliveries. Core earnings per share (non-GAAP) for the quarter increased 18% to US$2.52, reflecting strong performance across the company, and GAAP earnings per share was US$2.47. Core earnings per share (non-GAAP) guidance for 2015 increased to between US$7.95 and US$8.15, from US$7.70