Financial

In summary, the results for Airbus’ nine-month results for 2017 reveal revenue of €43bn, EBIT adjusted at €1.8bn, EBIT reported €2.3bn and EPS reported at €2.39bn. According to the company, the commercial aircraft market is healthy with a robust backlog which is supporting ramp-up plans. However, engine delays have had an impact on the 9m

Ryanair has reported an 11% increase in profit to €1.29bn in the first half to September 30, 2017. Traffic grew 11% to 72m thanks to a strong Easter, traffic grew 11% with 5% lower airfares. Unit costs (including fuel savings) fell 5%, ex-fuel unit costs were flat. Operating activity in the first half generated over

AeroCentury (the Company or AeroCentury) , an independent aircraft leasing company, has signed a definitive Agreement and Plan of Merger (Merger Agreement) for the acquisition of JetFleet Holding (JHC) on October 26, 2017. JHC is the parent of JetFleet Management Corp. (JMC), which has managed the Company’s operations and aircraft portfolio since AeroCentury’s founding in

Aergo Capital Limited headquartered in Dublin, Ireland has announced the issuance of US$584.839m of secured notes (the Notes) by METAL 2017-1 Limited (METAL Cayman) and METAL 2017-1 USA LLC (METAL USA). Together METAL Cayman and METAL USA expect to use the proceeds from the sale of the Notes to acquire a portfolio of 26 aircraft

Safran reported third-quarter 2017 adjusted revenue was €3,815m, up 8.5% on a reported basis year-on-year. Adjusted revenue increased 11.3% on an organic basis. Adjusted revenue in the first nine months of 2017 was €11,853m, an increase of 3.0% on a reported basis, up 5.1% on an organic basis, compared to 2016. In the third-quarter 2017,

airberlin’s maintenance unit, has been acquired by family-owned Zeitfracht and maintenance group Nayak, for a sum as yet undisclosed. This should save approximately 300 jobs. Zeitfracht is also buying Air Berlin’s cargo marketing unit. The remaining 550 maintenance employees who will not be going to Zeitfracht will be taken on by a so-called ‘transfer company’

International Consolidated Airlines Group (IAG) presented Group consolidated results for the nine months to September 30, 2017. The Group posted third quarter operating profit of €1,455m before exceptional items (2016: €1,205m). Passenger unit revenue for the quarter was up 0.7%, up 2.2% at constant currency. Operating profit before exceptional items for the period of nine

During the third quarter 2017, Embraer delivered 25 commercial jets and 20 executive jets (13 light and 7 large); The Company’s firm order backlog at the end of the third quarter was US$18.8bn, representing an increase from the US$18.5bn reported at the end of 2Q17. Consolidated revenues were US$1,310.4m, representing a decline of 13.5% compared