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CHC Group Ltd reaffirms FY 2015 guidance; gives Q1 2015 guidance

Friday, 22 Aug 2014 02:00am EDT

CHC Group Ltd:Sees FY 2015 gross revenue to increase at a mid to high single digit rate.Sees FY 2015 EBITDA guidance to rise at a high single- to low double-digit rates.Sees Q1 2015 gross revenue to be up in the high single to low double digit range year over year.sees Q1 2015 EBITDA to be roughly flat.Reported revenue of $1.744 billion and EBITDA of $484 million in FY 2014.Q1 2015 revenue of $435.6 million and EBITDA of $53.44 million - Thomson Reuters I/B/E/S.FY 2015 revenue of $1.872 billion and EBITDA of $240 million - Thomson Reuters I/B/E/S.

Air Berlin PLC to cut capacity and fleet and to introduce other restructuring initiatives

Wednesday, 20 Aug 2014 01:13pm EDT

Air Berlin PLC:Says has sufficient liquidity for restructuring initiatives and to deal with upcoming bond maturities.Remains committed to three segments: Europe, touristic and long haul.Says comprehensive restructuring program will be presented by the end of Sept. in full detail.Will focus on largest travel markets in the DACH region (Germany, Austria, Switzerland) as well as Palma de Mallorca and connect these high volume routes with high frequencies in point-to-point traffic.Says more focussed network design could equate to a capacity reduction in the region of 10 pct.Says wants to cooperate closer with Etihad Airways and network partners.Says will strive for narrow body jet fleet harmonization in entire network.Intends to reduce fleet by about 10 aircraft.Says has decided to close down five of smaller crew bases.Wants to enhance commercial capabilities.

Basta Holdings signs LOI with Heliflight PERU SAC to provide ACMI leasing of Helicopters through joint venture

Monday, 18 Aug 2014 08:00am EDT

Basta Holdings Corp:Signs a Letter of Intent (LOI) with Heliflight PERU SAC to form a joint venture (JV) that will provide ACMI leasing of helicopters throughout Peru.Parties have ninety (90) days to formalize their understanding into a definitive written agreement and one hundred twenty (120) to close the transaction.

Finnair lowers FY 2014 turnover guidance and gives FY 2014 operational result guidance below analysts' estimates

Friday, 15 Aug 2014 02:00am EDT

Finnair Oyj:Says estimates its turnover in FY 2014 to be significantly lower than in FY 2013.Says estimates that its FY 2014 operational result will show a significant loss.Previously estimated its turnover in FY 2014 to be substantially lower than in FY 2013.FY 2013 revenue of 2.423 billion euros.FY 2014 revenue estimate of 2.289 billion euros - Thomson Reuters I/B/E/S.FY 2014 EBIT estimate of 9.59 million euros- Thomson Reuters I/B/E/S.

China Southern Airlines to issue medium term notes

Thursday, 14 Aug 2014 08:00pm EDT

China Southern Airlines Co Ltd:To issue medium term notes worth of 5,000 mln yuan.Other terms not disclosed.

Thai Airways International PCL announces appointment of acting Chairman

Thursday, 14 Aug 2014 06:25am EDT

Thai Airways International PCL:Appoints Areepong Bhoocha-oom, Vice Chairman, to be acting Chairman of the Board effective Aug. 20.

Alliance Aviation Services Ltd gives FY 2015 guidance

Wednesday, 13 Aug 2014 09:00pm EDT

Alliance Aviation Services Ltd:Sees FY 2015 revenue and profit growth.

Cathay Pacific Airways Ltd declares first interim dividend

Wednesday, 13 Aug 2014 12:08am EDT

Cathay Pacific Airways Ltd:Declares a first interim dividend of HK$0.10 per share (2013: HK$0.06 per share) for the six months ended June 30.Payable on Oct. 6 to shareholders registered at the close of business on the record date, being Sept. 5.

China Airlines Ltd to set up company

Tuesday, 12 Aug 2014 08:53pm EDT

China Airlines Ltd:To set up a aircraft maintenance company during Oct. 1 to Dec. 31, 2016.To hold 135,000,000 shares (a 100 pct stake) of the aircraft maintenance company with amount of T$1.35 billion.

Aviakompaniya UTair OAO approves agreements on credit lines for 8 billion rubles-Interfax

Tuesday, 12 Aug 2014 05:56am EDT

Aviakompaniya UTair OAO:The supervisory board of Aviakompaniya UTair OAO has approved agreements on opening two credit lines from Sberbank for up to 2 and 6 billion Russian rubles respectively, the company said in a statement-Interfax.It is expected that proceeds from the first line will be provided until June 24, 2016 at 11 percent per annum, and from the second one until Feb. 26, 2016 at 11.8 percent per annum.


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