Air China said on Thursday its net profit jumped 98.1 percent from a year earlier in the first nine months thanks to lower fuel price and robust travel demand. Air China made 6.28 billion yuan (US$988.17 million) in January-September, in line with its own forecast. It made 3.17 billion yuan a yea...
Hainan Airlines Co., Ltd. (HU), one of China's four major air carriers, Thursday reported a third-quarter net profit of 887.33 million yuan, down nearly 37 percent compared to a net income of 1.41 billion yuan in the year-ago. The 3Q revenue increased to 10 billion from 9.81 billion yuan...
SWISS achieved earnings before interest and taxes (EBIT) of CHF 401 million for the first nine months of 2015, a 59% increase on the same period last year. The company posted an EBIT of CHF 187 million for the third-quarter period, a 36% year-on-year improvement. The substantially-improvedEBIT results are attributable in particular to low oil prices and the...
Northrop Grumman Corporation reported third quarter 2015 net earnings increased 9 percent to $516 million, or $2.75 per diluted share, from $473 million, or $2.26 per diluted share in the third quarter of 2014. Third quarter 2015 diluted earnings per share are based on 187.9 million weighted average shares outstanding compared with 209.2 million shares in the prior year period. The company repurch...
Virgin America (NASDAQ: VA) today reports its financial results for the third quarter of 2015. Key highlights from the third quarter include: Third quarter 2015 net income was $73.0 million excluding special items1, an increase of $31.3 million from the third quarter of 2014. Operating income and operating margin excluding special items were $75.0 million and 18.2 percent, respectively.&n...
(All amounts in this press release are in U.S. dollars unless otherwise indicated. Amounts in tables are in millions except per share amounts, unless otherwise indicated. This press release contains both IFRS and non-GAAP measures. Non-GAAP measures are defined and reconciled to the most comparable IFRS measures in the Corporation’s MD&A. See Caution regardi...
Gulfstream Aerospace continues to be a star performer at parent company General Dynamics, with the aerospace segment reporting its highest-ever quarterly revenue and the fifth consecutive quarterly profit exceeding $400 million. Year-over-year, third-quarter aerospace revenue climbed $548 million, to $2.343 billion, while profits rose by $15 million, to $426 million, General Dynamics chairman and&...
Fitch Ratings expects to assign an ‘A’ long-term rating to The Boeing Company’s (BA) proposed issuance of approximately $900 million of senior unsecured notes. The notes will be issued in three parts, with maturities of 2020, 2022, and 2025. Proceeds will be used for general corporate purposes. The Rating Outlook is Stable. The ratings cover approximately $9 billion of debt ($...
BOC Aviation Pte. Ltd. is pleased to announce the delivery of the first of three Boeing 737-800 aircraft to Turkey’s leading low-cost airline Pegasus Airlines. The remaining two are scheduled for delivery within the next three months. “We are delighted to begin our partnership with our newest customer, Pegasus Airlines, with the delivery of the first of three Boeing 737-800 air...
The Commercial Court of St. Petersburg and the Leningrad Region registered a lawsuit filed by one more Irish company affiliated with VTB Leasing demanding $43 mln from troubled Russian airline Transaero, RIA Novosti has reported. The lawsuit filed by Capablue Limited reached the court on October 22. Earlier the court registered lawsuits filed by five other Irish companies affiliated with VTB Le...
Garuda Indonesia has booked a net income of $51.4 million through the third quarter 2015, an increase of 123.4 per cent compared to the same period last year when it incurred a loss of $220.1 million. Garuda Indonesia president Arif Wibowo said in Jakarta the company also increased total revenue from $2.83 billion through the third quarter 2014 to $2.84 billion during the same period in 2015....
AVIC Aircraft Co., Ltd. said Monday it lost 122 million yuan in the first three quarters ended September 30, compared with a net profit of 46.53 million yuan in the same period last year. The company said the net profit loss was mainly contributed to the decreasing delivery of aviation products compared with the same period last year. AVIC Aircraft registered a 20.5 percent increas...
The initial public offer (IPO) by InterGlobe Aviation could have been an open-and-shut buying opportunity for investors. The company operates IndiGo Airlines — the country’s largest and most profitable air carrier. The airline seems set to continue its strong growth in the high-potential Indian skies. Also, the asking price for the issue, while not cheap, seems justified. But these pos...
American Airlines Group Inc. reiterated a vow to keep matching discount rivals' ticket prices, extending the domestic fare wars that are sapping revenue. "We know what we're doing and we're extremely comfortable in what we're doing," Chief Executive Officer Doug Parker said Friday on a conference call as analysts questioned the strategy. "We will need to comp...
08/09/2026
United Kingdom, London
10/09/2026
Latvia, Riga
Solairus Aviation announced an agreement to acquire the Aircraft Management and Charter divisions of Clay Lacy Aviation. Solairus currently manages approximately 360 aircraft from more than 100 b...
