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PPG submits offer to acquire majority interest in aerospace and automotive sealants businesses of Le Joint Francais

January 30, 2015 · 408 Views

PPG Industries has submitted an offer to acquire a majority interest in the aerospace and automotive sealants businesses of Le Joint Français (LJF). LJF is a supplier of sealants…

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Finnish competition authority approves Flybe Nordic transaction

January 29, 2015 · 347 Views

The Finnish Competition and Consumer Authority has approved the transaction in which Flybe Uk’s 60% ownership of Flybe Nordic venture will be transferred to StaffPoint Holding and G.W.…

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JetBlue posts 4th quarter 2014 net income of US$88m

January 29, 2015 · 329 Views

JetBlue reported operating income of US$169m in the fourth quarter. This compares to operating income of US$115m in the fourth quarter of 2013. For the full year 2014,…

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B/E Aerospace reports full year and 2014 financial results

January 29, 2015 · 320 Views

B/E Aerospace reported 2014 revenues of US$2.6bn increased 18.0% as compared with the prior year.  Adjusted operating earnings were US$466.4m, an increase of 19.8% and adjusted operating margin…

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Boeing Commercial Airplanes reports 4th-quarter 2014 revenue up 15%

January 28, 2015 · 295 Views

Boeing reported record fourth-quarter revenue of US$24.5bn on higher deliveries and core earnings per share (non-GAAP) that increased 23% to US$2.31, reflecting strong performance across the company. Fourth-quarter…

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American Airlines Group reports record fourth quarter net income of US$597m

January 27, 2015 · 251 Views

For the fourth quarter 2014, American Airlines Group reported a record GAAP net profit of US$597m. This compares to a GAAP net loss of US$2.0bn in the fourth…

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Aircastle announces increase in Bank Revolving Credit Facility to US$600m

January 27, 2015 · 254 Views

Aircastle increased the size of its existing unsecured revolving credit facility with Citibank, N.A., Goldman Sachs Bank USA, J.P. Morgan Chase Bank N.A. and Royal Bank of Canada,…

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EIB supports Airbus Groups’ innovation programmes

January 23, 2015 · 410 Views

The European Investment Bank (EIB) and Airbus Group have announced the signature of a €500m finance contract in support of Airbus Group’s innovation and R&D programmes in Europe,…

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Rockwell Collins reports first quarter earnings per share of $1.26

January 23, 2015 · 335 Views

Rockwell Collins reported total sales for the first quarter of fiscal year 2015 of US$1.23bn, a 16% increase from the same period in fiscal year 2014. First quarter…

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Southwest Airlines reports fourth quarter and record annual profit

January 22, 2015 · 345 Views

Southwest Airlines’ fourth quarter 2014 total operating revenues increased 4.5% to US$4.6bn, while operating unit revenues increased 2.0%, on a 2.4% increase in available seat miles, all as…

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Alaska Air Group reports record adjusted fourth quarter 2014

January 22, 2015 · 237 Views

Alaska Air Group reported fourth quarter 2014 GAAP net income of US$148m compared to GAAP net income of US$78m in 2013. Excluding mark-to-market fuel hedge gains of US$6m…

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United reports full-year 2014 profit of US$1.97bn

January 22, 2015 · 260 Views

United Airlines (UAL) reported full-year 2014 net income of US$1.97bn, an increase of 89%  year-over-year, or $5.06 per diluted share, excluding US$834 million of special items. Including special…

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ATR reports record year in terms of sales, deliveries, turnover and backlog

January 21, 2015 · 230 Views

The year 2014 ended for ATR beating last years’ records in sales; deliveries, turnover and backlog. The aircraft manufacturer’s sales increased to 160 aircraft, along with 120 options,…

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Delta Air Lines reported financial results for the December 2014 quarter

January 20, 2015 · 310 Views

Delta’s pre-tax income for the December 2014 quarter was US$1.0bn, excluding special items, an increase of US$474m over the December 2013 quarter on a similar basis. Delta’s net…

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Novaria Group acquires assets of storied manufacturer of aircraft and industrial fasteners, John Hassall

January 20, 2015 · 255 Views

Fort Worth-based Novaria Group announced the acquisition of substantially all the assets of John Hassall, a provider of aircraft engine fasteners, bolts, blade locks and other flight critical…

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HEICO Corporation makes important international acquisition

January 20, 2015 · 252 Views

HEICO Corporation reported that its Flight Support Group completed the acquisition of 80% of the equity of Aeroworks International. Financial terms were not disclosed, but HEICO stated that…

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Bombardier pauses Learjet 85 program and revises 2014 guidance

January 19, 2015 · 229 Views

Bombardier announced the pause of its Learjet 85 business aircraft program. The pause is due to weak demand for the Learjet 85 aircraft and follows a downward revision…

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Air Astana delivers record US$97.7m operating profit in 2014

January 19, 2015 · 244 Views

Air Astana, Kazakhstan’s flag carrier, has reported an operating profit of US$97.7m in 2014, an increase of 35% over 2013 and the highest in the company’s 13 year…

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AerGen Leasing, a new aircraft leasing company focused on mid-life and late-life aircraft

January 14, 2015 · 335 Views

AerGen Leasing is a new aircraft leasing company focused on providing leasing and asset management solutions for owners and operators of mid-life and late-life aircraft and engines. AerGen…

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STS Component Solutions acquires Air-Pro Hose, a subsidiary of Aero Maintenance Group

January 9, 2015 · 531 Views

STS Component Solutions, a division of STS Aviation Group, has acquired the assets and business relationships of Air-Pro Hose, formally of AeroMaintenence Group, which is an Air France/KLM…

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