Air and Travel NEWS

Air T shows net loss for Q1

Air T, Inc. (NASDAQ: AIRT) said it has reported consolidated net loss of approximately USD736,000 (USD0.31 per diluted share) for the quarter ended June 30, 2015 compared to consolidated net income of approximately … Continue reading “Air T shows net loss for Q1”


Sabre announces public offering

Sabre Corporation (Nasdaq: SABR) said it announced the public offering of 19,000,000 shares of common stock by existing stockholders affiliated with TPG Global, LLC and Silver Lake Management company II, L.L.C. (the selling … Continue reading “Sabre announces public offering”


Elbit Systems gets USD45m military communications systems contract

Elbit Systems Ltd. (NASDAQ and TASE: ESLT) said it was awarded an approximately USD45 million contract from a European country for the supply of military communications systems. The contract will be performed over … Continue reading “Elbit Systems gets USD45m military communications systems contract”


Innovative Solutions & Support Q3 2015 revenues down by half YoY

Innovative Solutions & Support, Inc. (NASDAQ: ISSC) said that for the third quarter of fiscal 2015, the company reported revenues of USD4.9 million, compared to revenues of USD10.6 million for the third quarter … Continue reading “Innovative Solutions & Support Q3 2015 revenues down by half YoY”


Allied Motion net income up YoY

Allied Motion Technologies Inc. (NASDAQ: AMOT) said it has announced net income increased 16 percent to USD3,125,000 or USD0.34 per diluted share for the quarter ended June 30, 2015 compared to USD2,693,000 or … Continue reading “Allied Motion net income up YoY”


Circor announces USD0.0375 quarterly dividend

The board of directors of Circor International, Inc. (NYSE: CIR) said it has declared a regular quarterly dividend of USD0.0375 per share on Circor´s common stock. The dividend is payable on August 28, … Continue reading “Circor announces USD0.0375 quarterly dividend”


Ducommun Q2 2015 net revenue drops YoY

Ducommun Inc. (NYSE: DCO) said its net revenue for the second quarter of 2015 was USD174.8 million compared to USD186.5 million for the second quarter of 2014. The net revenue decrease year-over-year primarily … Continue reading “Ducommun Q2 2015 net revenue drops YoY”


DynCorp International gets USD104.1m contract for work at Naval Air Warfare Center Aircraft Division

DynCorp International (DI) said it has been awarded a contract modification to continue providing aviation maintenance and logistic support at the Naval Air Warfare Center Aircraft Division in Patuxent River, Maryland. The contract … Continue reading “DynCorp International gets USD104.1m contract for work at Naval Air Warfare Center Aircraft Division”


Jacobs contracted for Taxiway Zulu, Terminal 2 aprons project in Australia

Jacobs Engineering Group Inc. (NYSE: JEC) said it received a contract to provide engineering services for a major airside design program at Melbourne Airport in Australia. Company officials did not disclose the contract … Continue reading “Jacobs contracted for Taxiway Zulu, Terminal 2 aprons project in Australia”


Etihad Airways picks PROS revenue management cloud solution

Etihad Airways and PROS® (NYSE: PRO) said they have signed a strategic agreement that will see the airline migrate its PROS Origin & Destination (O&D) revenue management solution to the cloud to support … Continue reading “Etihad Airways picks PROS revenue management cloud solution”


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