- Special Reports
- Aircraft of the week
- Airport of the week
- Airline of the week
- Aviator of the week
International Airlines Group (IAG) and Deutsche Lufthansa AG (Lufthansa) have today reached an agreement in principle for the sale of British Midland Ltd (BMI) to IAG.
US Airways Group, Inc. today reported its third quarter 2011 financial results. The Company reported a net profit excluding special items for the third quarter 2011 of $95 million, or $0.51 per diluted share.
Boeing Chairman, President and Chief Executive Officer Jim McNerney reports that the board of directors today declared a regular quarterly dividend of forty-two (42) cents per share.
United Continental Holdings, Inc. today reported third-quarter 2011 net income of $773 million or $2.00 per diluted share, excluding $120 million of net special items consisting primarily of integration-related costs. On a GAAP basis, UAL reported third-quarter 2011 net income of $653 million or $1.69 per diluted share.
General Dynamics today reported third-quarter 2011 earnings from continuing operations of $665 million, or $1.83 per share on a fully diluted basis, compared to 2010 third-quarter earnings from continuing operations of $649 million, or $1.70 per share fully diluted. Revenues in the quarter were $7.9 billion. Operating earnings were $998 million, an increase of 3.3 percent over third-quarter 2010.
The Boeing Company reported third-quarter net income of $1.1 billion, or $1.46 per share, on revenue of $17.7 billion. Operating margin of 9.7 percent reflects continued strong core performance across the company's businesses, partially offset by higher pension expense.
Lockheed Martin Corporation today reported third quarter 2011 net sales of $12.1 billion, compared to $11.3 billion in 2010. Earnings from continuing operations during the third quarter of 2011 were $665 million, or $1.99 per diluted share, compared to $557 million, or $1.53 per diluted share, in 2010. Cash from operations during the third quarter of 2011 was $511 million, compared to $513 million during 2010.
JetBlue Airways Corporation today reported its results for the third quarter 2011.
Delta Air Lines today reported financial results for the September 2011 quarter.
Southwest Airlines Co. today reported its third quarter 2011 results. The Company reported a third quarter 2011 net loss of $140 million, or $.18 per share, which included $262 million (net) of unfavorable special items.
AMR Corporation, the parent company of American Airlines, Inc., today reported a net loss of $162 million, or $0.48 per diluted share, for the third quarter of 2011, compared to a net profit of $143 million, or $0.39 per diluted share, for the same period of 2010.
Third quarter revenue up by 19.4 % to MNOK 3,376.2 (2,827.9).
Earnings before depreciation and leasing (EBITDAR) in the third quarter were MNOK 1,206.2 (839.9).
According to preliminary results the third quarter is profitable, but the current estimates indicate that the company’s fourth quarter results will be weaker than expected, and therefore the second half of 2011 is expected to be slightly negative. However, the company expects that the results of the second half of 2011 will be better than the results of the first half of the year. According to the earlier Finnair profit guidance the result for the second half of 2011 was expected to return to profit.
Acropolis Aviation’s Airbus ACJ319 is being exhibited for the first time at the NBAA show, giving visitors the chance to see a designer interior in what is the widest and tallest cabin of any business jet, existing or planned.
Sukhoi Civil Aircraft Company and Aviotech signed an LOI for 10 Sukhoi Business Jet and 10 aircraft in option6. ockober. 2011 11:49 | Business
Indian company Aviotech, corporate and defense aerospace specialist is to become important launch customer for JSC “Sukhoi Civil Aircraft” for the business version of the Sukhoi Superjet 100.
Etihad Airways today reported revenues growth of 39 per cent to US$ 1.1 billion (Q3 2010: US$ 785 million) on passenger numbers up 18 per cent to 2.25 million (1.9 million) in the airline’s strongest ever third quarter. Seat factor increased by 3.8 per cent to 80.7 per cent, the highest quarterly result in its history.
In its meeting today, the Supervisory Board of Austrian Airlines appointed Jaan Albrecht as the airline’s Chief Executive Officer (CEO) with effect from 1 November 2011. This means the Executive Board of Austrian Airlines will consist of three members in future; in addition to Jaan Albrecht, the Executive Board team will continue to include Andreas Bierwirth and Peter Malanik.
Bombardier Aerospace confirmed today that a firm order for four Q400 NextGen high-speed turboprop airliners, which was announced on August 16, 2011, was placed by Luxair, the national airline of the Grand Duchy of Luxembourg. The transaction also included options on an additional four Q400 NextGen aircraft.
With "Shape and Size", airberlin's Board has launched a comprehensive program to increase the company's efficiency and productivity. The core of the program announced in August involves improving the processes and optimizing the entire organization of the company.