Ryanair released that half year 2014 net profit rose by 32% to €795m. Traffic grew 4% to 51.3m customers, ave. fares increased 5%, and total revenues rose by 9% to €3,537m. Unit costs fell by 2% (excluding fuel they rose by 3%). First half 2014 load factors jumped by 4% points to 89%, due to […]
Ryanair half year profits rise 32% to €795m Read More »
Virgin America reported its financial results for the third quarter of 2014 with an operating income of $52.3m and net income of $41.6m. The airline posted an operating margin of 12.9% – a 1.4 point improvement over the third quarter of 2013, driven largely by a 5.5% growth in revenue per available seat mile (RASM)
Virgin America reports third quarter 2014 earnings Read More »
Rockwell Collins reported total sales for the fourth quarter of fiscal year 2014 of $1.4bn, a 15% increase from the same period in fiscal year 2013. Total segment operating margin for the fourth quarter was 21.3% and total segment operating earnings increased 10% to $299m. Adjusted for certain non-operating items impacting comparability, earnings per share
Rockwell Collins fourth quarter fiscal year 2014 sales increase 15% Read More »
Triumph Group reported net sales for second quarter fiscal year 2015 increased 3% to a record $994.1m, operating income for second quarter fiscal year 2015 was $114.7m and included $7.8m of costs related to the Jefferson Street/Red Oak facility transition. Excluding these costs, operating income was $122.5m, reflecting an operating margin of 12%. Net income
Triumph Group reports second quarter fiscal 2015 net income of $67.4m Read More »
Finnair third-quarter operational result declined to €26.7m – product upgrades announced and savings agreements negotiated during the period will have an effect on the result from 2015 onwards. Turnover declined by 2.2% year-on-year to €622.7m (636.9). The operational result was €26.7m (43.0). Net cash flow from operating activities stood at €-8.9m (38.7), and cash flow from investments
Finnair reports 3rd-quarter results Read More »
Lufthansa Group posts nine-month operating profit of €849m and confirms projected full-year operating profit of €1bn. The Lufthansa Group remains confident of achieving its profit targets for 2014 – despite experiencing a difficult third quarter, and despite strike action eroding €170m from its earnings results. The Group expects to post an operating profit of around
Lufthansa confirms projected 2014 operating result of €1bn profit in spite of strikes Read More »
Bombardier Aerospace’s revenues increased by 29% to reach $2.6bn for the three-month period ended September 30th, 2014, compared to $2.0bn for the same period last fiscal year. EBIT totalled $74m or 2.9% of revenues, for the third quarter, compared to $86m, or 4.3%, for the same period last fiscal year. EBIT before special items totalled
BOC Aviation has priced RMB1.5bn in 4-year fixed rate senior unsecured notes (the “Notes”) at a coupon of 4.2% per annum. The Notes will close on November 5th, 2014, subject to satisfaction of customary closing conditions. The transaction was issued off BOC Aviation’s US$5bn Euro Medium Term Note Programme and was jointly arranged by BOC
BOC Aviation prices offshore RMB1.5bn in 4-year fixed rate senior unsecured notes Read More »
Heathrow Airport reported strong traffic performance with 55.7 million passengers using Heathrow, growth of 1.5% driven by intercontinental traffic. Revenue was up 8.2% to £1,986m and EBITDA up 12.4% to £1,172m. Heathrow reported the successful transition of 26 airlines to the new £2.5bn Terminal 2: The Queen’s Terminal. John Holland-Kaye, Chief Executive Officer of Heathrow,
Heathrow Airport reports strong traffic performance for nine months ended September 30th Read More »
THE BOARD of Monarch Holdings Limited, one of the UK’s leading independent leisure travel groups, reported the completion of its strategic review and restructuring programme under which it has secured £125m of permanent capital and liquidity facilities provided by Greybull Capital LLP (“Greybull”) anchored a £50m capital commitment, with contributions from the Group’s prior shareholders,
Monarch's new future with Greybull Capital LLP Read More »
