Edition:
United States

Airlines

Page 1

Virgin Australia reports Q2 underlying profit before tax of $45.9 mln

Thursday, 2 Feb 2017 05:00pm EST

Virgin Australia Holdings Ltd : Underlying profit before tax of $45.9 million for q2 of 2017 financial year . Expects virgin australia domestic business to generate underlying earnings before interest and tax margin of between 3 and 6 % for 2017 FY . Group's statutory profit after tax for q2 was $13.1 million . Qtrly group revenue load factor 81.3% versus 80.3% .Q2 group revenue passengers 6.3 million, up 3.2 %.

American Airlines Group Q4 adjusted earnings per share $1.48

Friday, 27 Jan 2017 07:30am EST

American Airlines Group Inc : American Airlines Group reports fourth quarter and full year profit . Q4 revenue $9.8 billion versus I/B/E/S view $9.74 billion . Q4 earnings per share view $0.92 -- Thomson Reuters I/B/E/S . Q4 GAAP earnings per share $0.56 . Q4 2016 mainline cost per available seat mile (CASM) was 12.93 cents, up 5.7 percent . Announced a new $2.0 billion share repurchase authorization . In Q4, Company recognized $273 million in net special charges before effect of income taxes . Says qtrly TRASM was 14.90 cents, up 1.3 percent versus Q4 2015, first year-over-year increase since Q4 of 2014 . Says total operating expenses in Q4 were $9.0 billion, up 5.4 percent compared to Q4 2015 . Net special charges in Q4 consisting of fleet restructuring expenses and merger integration expenses, re-branding of aircraft . Qtrly adjusted earnings per share $1.48 .New $2.0 billion share repurchase authorization will expire December 31, 2018.

Airline SAS says finances six airbus A320neo

Friday, 27 Jan 2017 02:00am EST

SAS AB : Says finances six additional airbus A320neo aircraft through sale and leaseback . Says the aircraft will be delivered between 2017 and 2018 . Says at the time of delivery SAS will sell the aircraft to CDB Aviation Lease Finance and then leases it back during a long term lease period .Says through this agreement, SAS has until now agreed on financing of 18 Airbus A320neo of the order of 30 aircraft..

Air Berlin says aims to confirm redundancies by Feb 2017

Wednesday, 16 Nov 2016 01:45am EST

Air Berlin Plc : Air Berlin says does not expect market environment to improve in near-term, will impact group through 2016/17 winter season . Air Berlin says aims to confirm voluntary and compulsory redundancies by Feb 2017 Further company coverage: [AB1.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).

Etihad Airways says remains committed to the restructuring of Air Berlin

Thursday, 29 Sep 2016 04:05am EDT

Etihad Airways spokesperson: Etihad says supports strategy which has been developed by airberlin , remains committed to the restructuring of that business Further company coverage: [AB1.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).

Air Berlin says expects significant boost to EBIT from restructuring

Thursday, 29 Sep 2016 03:17am EDT

: Air Berlin says in presentation expects significant boost to unit revenues, ebit from restructuring . Air Berlin says expects payment over period of the lufthansa wet lease agreement to exceed €1.2bn ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).

Air Berlin says expects significant boost to EBIT from restructuring

Thursday, 29 Sep 2016 03:17am EDT

: Air Berlin says in presentation expects significant boost to unit revenues, ebit from restructuring . Air Berlin says expects payment over period of the lufthansa wet lease agreement to exceed €1.2bn ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).

Air Berlin CEO says expects to return to operating profit from 2018

Thursday, 29 Sep 2016 02:59am EDT

Air Berlin Plc CEO on call with journalists: Air Berlin CEO says expects to return to operating profit from 2018 Further company coverage: [AB1.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).

Finnair starts to plan EUR 20 million cost-efficiency programme

Wednesday, 17 Aug 2016 02:17am EDT

Finnair Oyj : Starts to plan 20 million euro ($22.5 million) cost-efficiency programme . Expects to finalise plans on main areas of cost-efficiency programme during next few months . Sustainable improvement in profitability is a prerequisite for Finnair's accelerated growth strategy announced in spring 2016 .Target is to achieve permanent savings through various efficiency-improvement measures, amounting to 20 million euros annually by end of June 2017.

Markets

  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary