Southwest Airlines Q1 2016 income hits record
Southwest Airlines Co. (NYSE: LUV) said its 2016 first quarter net income, excluding special items, set a record at USD567 million, or USD.88 per diluted share, compared with first quarter…
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Alaska Air Group Q1 2016 net income increases YoY
Alaska Air Group, Inc., (NYSE: ALK) has reported first quarter 2016 GAAP net income of USD184 million, or USD1.46 per diluted share, compared to USD149 million, or USD1.12 per diluted…
Waypoint Leasing closes USD100mn term loan facility
Waypoint Leasing (Ireland) Limited, the largest independent global helicopter leasing company, has closed on a USD100 million term loan facility led by Lombard North Central Plc, the company said. The…
Enea signs USD2.8m service agreement with American aerospace company
Kista, Sweden-based Enea (NASDAQ OMX Nordic: ENEA) has signed an agreement for development services worth USD2.8 over a period of five months. The customer, who is a global technology leader…
Bristow Group restructures business operations
Bristow Group (NYSE: BRS) has centralised, simplified, and standardised its business operations to improve safety performance, effectiveness and efficiency for clients, the company said. This new structure will enable the…
Avcorp gets orders from Lockheed Martin on F-35 Outboard Wing
Avcorp Industries Inc. (TSX: AVP) has received a firm order for the remaining units in the next two production phases of the Lockheed Martin award for the expanded scope on…
IAM Members at United Overwhelmingly Ratify New Contracts
The International Association of Machinists and Aerospace Workers (IAM) said that approximately 30,000 workers at United Airlines overwhelmingly ratified seven contracts in the Fleet Service, Passenger Service, Storekeeper, Maintenance Instructor,…
Delta Air Lines Announces March Quarter Profit
Delta Air Lines (NYSE: DAL) has reported financial results for the March 2016 quarter, including adjusted pre-tax income of USD1.56 billion, a USD966 million increase over March 2015 quarter, the…
Comtech Telecommunications gets USD1.3m broadband order
Comtech Telecommunications Corp. (Nasdaq: CMTL) New York-based subsidiary Comtech PST Corp. has received a USD1.3 million contract for broadband, solid-state, high-power RF microwave amplifiers from a major international customer, the…
Avcorp revenues rise 19% YoY
Avcorp Industries Inc. (TSX: AVP) said that during the year ended December 31, 2015, its group revenues totaled USD79,925,000 as compared to USD67,104,000 revenue for the previous year, a 19…
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