Forward Air adopts Rule 10b5-1 plan
Forward Air Corporation (NASDAQ: FWRD) said it has adopted a Rule 10b5-1 plan for the purpose of repurchasing approximately 1.1 million shares of its common stock.The plan has been established…
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Intrepid names new executive vice president operations, aircraft programs
Intrepid Aviation said it has promoted Daniel Perez to Executive Vice President Operations and Aircraft Programs, reporting directly to Franklin Pray, Intrepid Aviation´s Chief Executive Officer.Perez initially joined Intrepid Aviation…
FLY Leasing net loss widens YoY
FLY Leasing Limited (NYSE: FLY) said it is reporting a net loss of USD58.3 million or USD1.42 per diluted share for the second quarter of 2015.This compares to net income…
Praxair Q2 2015 results challenged by negative impacts
Praxair, Inc. (NYSE:PX) reported second-quarter net income and diluted earnings per share of USD308 million and USD1.06, respectively.These results include the impact of a USD146 million pre-tax charge, or USD0.39…
Ducommun completes redemption of outstanding 9.75 percent senior notes due 2018
Ducommun Incorporated (NYSE: DCO) said it has completed the previously announced redemption of all amounts outstanding under its USD200 million aggregate principal amount of 9.75 percent senior unsecured notes due…
FLY Leasing reduces price of 2012 term loan
FLY Leasing Limited (NYSE: FLY) said it has re-priced its 2012 Term Loan.The interest rate on the amended loan will be LIBOR plus 2.75 percent, a 0.75 percent reduction from…
Elbit Systems beats Q4 2013 revenues
Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) said revenues in the fourth quarter of 2014 were USD850.3 million, as compared to USD811.5 million in the fourth quarter of 2013.Gross profit…
Air Canada FY2014 net income up from FY2013
Air Canada said it has reported full year adjusted net income of USD531 million or USD1.81 per diluted share, compared to adjusted net income of USD340 million or USD1.20 per…
SAS posts November 2013-July 2014 results
Stockholm-based Scandinavian Airlines has posted MSEK 10,697 (11,593) for the November 2013-July 2014 period.The airline operator said its unit revenue declined 7.1% during the period, while its unit cost decreased…
Delta names new executive vice president, COO
10 February 2014Delta Air Lines´ (NYSE: DAL) board of directors has approved the appointment of Wayne Gilbert West to executive vice president and chief operating officer effective March 1, 2014.West…
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