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Fly Leasing places Air Berlin on non-accrual status

10:15am EDT

Sept 25 (Reuters) - Fly Leasing Ltd ::Says due to insolvency proceedings, co placed Air Berlin on non-accrual status, will recognize revenue from two leases as cash is received.Says due to availability of security deposits, letters of credit, co does not expect negative impact on operating lease rental revenue for Q3.says as a result of insolvency proceedings, Fly intends to assess both of the aircraft leased to Air Berlin for impairment.Says believes that it is likely that there will be an impairment charge on the Airbus A330-200 aircraft.

Turkish Airlines in talks with Boeing to buy 40 Boeing 787-9 Dreamliner

Friday, 22 Sep 2017 01:49am EDT

Sept 22 (Reuters) - TURK HAVA YOLLARI AO ::TURKISH AIRLINES EXPRESSED AN INTENTION TO ORDER 20+20, A TOTAL OF 40 BOEING 787-9 DREAMLINER TO THE AIRCRAFT MANUFACTURER TO BE DELIVERED BETWEEN 2019 AND 2023.THIS INTENTION WAS RAISED BY WIDE BODY AIRCRAFT NEEDS OF TURKISH AIRLINES RESULTING FROM THE FIRM NARROW BODY AIRCRAFT ORDERS THAT WERE PREVIOUSLY PLACED.WITH THIS INTENTION OF PURCHASE, NEGOTIATIONS ARE CONTINUING WITH BOEING.

AAR reports Q1 earnings per share $0.31

Tuesday, 19 Sep 2017 04:01pm EDT

Sept 19 (Reuters) - AAR Corp :AAR reports first quarter 2018 results.Q1 earnings per share $0.31.Q1 sales $439.2 million versus I/B/E/S view $412.1 million.Q1 earnings per share view $0.30 -- Thomson Reuters I/B/E/S.

Latecoere H1 adjusted recurring operating income up at 33.1 million euros

Monday, 18 Sep 2017 02:19am EDT

Sept 18 (Reuters) - LATECOERE ::H1 ADJUSTED RECURRING OPERATING INCOME EUR 33.1 MILLION VERSUS EUR 24.4 MILLION YEAR AGO.H1 ADJUSTED NET PROFIT (CONTINUED ACTIVITIES) EUR 11.4 MILLION VERSUS LOSS OF EUR 19.4 MILLION YEAR AGO.REAFFIRMS 2017 GUIDANCE OF IMPROVEMENT IN ADJUSTED RECURRING OPERATING INCOME AND POSITIVE FREE CASH FLOW.

Northrop Grumman is nearing a purchase of Orbital ATK - WSJ

Sunday, 17 Sep 2017 06:34pm EDT

Sept 17 (Reuters) - :Northrop Grumman Corp is nearing a purchase of Orbital ATK Inc, a deal that could be worth upward of $7.5 billion - WSJ, citing sources.

Northrop Grumman is nearing a purchase of Orbital ATK - WSJ

Sunday, 17 Sep 2017 06:34pm EDT

Sept 17 (Reuters) - :Northrop Grumman Corp is nearing a purchase of Orbital ATK Inc, a deal that could be worth upward of $7.5 billion - WSJ, citing sources.

Cyient signs deal to sell 49 pct stake in Infotech Aerospace Services to Pratt & Whitney

Wednesday, 13 Sep 2017 11:37pm EDT

Sept 14 (Reuters) - Cyient Ltd :Says signs agreement to sell its 49 percent stake in Infotech Aerospace Services to Pratt & Whitney.Says transaction would be EPS neutral.

R&I affirms Sumitomo Precision Products's rating at "BBB-" and says stable outlook-R&I

Monday, 11 Sep 2017 02:22am EDT

Sept 11 (Reuters) - Sumitomo Precision Products Co Ltd <6355.T>:* Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "BBB-"-R&I.* Rating outlook stable-R&I .

Kongsberg strengthens its defence business

Friday, 8 Sep 2017 03:52am EDT

Sept 8 (Reuters) - KONGSBERG GRUPPEN ASA ::KONGSBERG STRENGTHENS ITS DEFENCE BUSINESS.‍NEW BUSINESS AREA WILL BE OPERATIONAL FROM OCTOBER 1ST 2017.​.‍GROUP MERGES ITS TWO DEFENCE AREAS​.‍NEW BUSINESS AREA, KONGSBERG DEFENCE & AEROSPACE, WILL FURTHER STRENGTHEN ITS POSITION IN A GROWING DEFENCE MARKET.​.MERGER EXPECTED TO GIVE TOTAL ANNUAL COST REDUCTIONS OF APPROXIMATELY NOK 100 MILLION FROM 2018.​.

Kratos Defense & Security Solutions says offering 14 mln shares at $12.25 per share

Thursday, 7 Sep 2017 10:55pm EDT

Sept 7 (Reuters) - Kratos Defense And Security Solutions Inc - :Kratos Defense & Security Solutions, Inc prices offering of common stock.Says offering of 14.0 million common shares priced at $12.25 per share.

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