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Magellan Aerospace Corp (MAL.TO)

MAL.TO on Toronto Stock Exchange

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16 Nov 2018
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Latest Key Developments (Source: Significant Developments)

Magellan Awarded CDN $140 Mln Contract Extension With Airbus
Monday, 5 Nov 2018 05:00pm EST 

Nov 5 (Reuters) - Magellan Aerospace Corp ::MAGELLAN AWARDED CDN $140 MILLION CONTRACT EXTENSION WITH AIRBUS.MAGELLAN AEROSPACE - SECURED 6-YEAR AGREEMENT WITH AIRBUS FOR CONTRACT EXTENSION FOR MANUFACTURE OF A350 XWB CENTRE WING BOX & KEEL BEAM DETAIL PARTS.  Full Article

Magellan Aerospace Corp QTRLY Earnings Per Share $0.40
Wednesday, 8 Aug 2018 06:28pm EDT 

Aug 8 (Reuters) - Magellan Aerospace Corp ::ORATION ANNOUNCES FINANCIAL RESULTS.Q2 REVENUE C$241.2 MILLION VERSUS I/B/E/S VIEW C$248.9 MILLION.QTRLY EARNINGS PER SHARE $0.40.  Full Article

Magellan Aerospace Corporation Q4 Earnings Per Share $0.55‍​
Tuesday, 6 Mar 2018 07:00pm EST 

March 6 (Reuters) - Magellan Aerospace Corp ::ORATION ANNOUNCES FINANCIAL RESULTS.Q4 REVENUE C$235.6 MILLION VERSUS C$247.1 MILLION.QTRLY EARNINGS PER SHARE $0.55‍​.  Full Article

Magellan Aerospace Corp announces qtrly earnings per share $0.33‍​
Tuesday, 7 Nov 2017 05:01pm EST 

Nov 7 (Reuters) - Magellan Aerospace Corp ::Magellan Aerospace Corporation announces Q3 2017 financial results.Q3 revenue C$232.6 million versus I/B/E/S view C$236.5 million.Qtrly earnings per share $0.33‍​.Magellan Aerospace Corp- all figures in c$.  Full Article

Magellan Aerospace selected by Airbus for A320neo PW exhaust systems
Wednesday, 20 Sep 2017 05:00pm EDT 

Sept 21 (Reuters) - Magellan Aerospace Corp :Magellan Aerospace Corp selected by Airbus for A320neo PW exhaust systems.Magellan Aerospace Corp - ‍revenue generated from the life-of-program contract is estimated to exceed CDN $200 million over first ten years of contract​.Magellan Aerospace Corp - Will design, develop, manufacture exhaust systems for A320neo PW1100G-JM nacelle with first unit scheduled to enter into service in 2022.  Full Article

Magellan Aerospace reports Q1 revenue of C$247.2 mln
Thursday, 4 May 2017 05:00pm EDT 

May 4 (Reuters) - Magellan Aerospace Corp :Magellan aerospace corporation announces financial results.Q1 revenue c$247.2 million versus i/b/e/s view c$259.8 million.Magellan aerospace corp - qtrly earnings per share c$0.68.Magellan aerospace -production rates for b737 and b737 max programs expected to increase from current 42 aircraft/month to 47 aircraft/month in q3 of 2017.Magellan aerospace corp says traditional regional aircraft market is not expected to change in 2017.Q1 earnings per share view c$0.40, revenue view c$259.8 million -- Thomson Reuters I/B/E/S.  Full Article

Magellan Aerospace Corporation qtrly earnings per share $0.41
Wednesday, 8 Mar 2017 08:27pm EST 

Magellan Aerospace Corp : Magellan Aerospace Corporation announces financial results . Q4 revenue C$247.1 million versus I/B/E/S view C$250.4 million . Qtrly earnings per share $0.41 . Traditional regional aircraft market is not expected to change in 2017 . Magellan Aerospace Corp - "many expect that U.S. Defense procurement spending will rise under new US administration" . Magellan Aerospace - it is as yet unknown what impact political movement towards nationalism in U.S. and UK will have on global defense spending .Magellan Aerospace- commercial rotorcraft & business jets markets remain down and are not expected to change much in 2017.  Full Article

Magellan Aerospace awarded engine maintenance contract for CF-188 F404
Friday, 3 Feb 2017 12:45pm EST 

Magellan Aerospace Corp : Magellan Aerospace awarded engine maintenance contract for CF-188 F404 . Preliminary funding amount of CDN$45m has been approved to launch multi-year agreement . Contract includes options to extend duration of agreement beyond 2021 .Announced contract award from public services & procurement canada for engine repair, overhaul, fleet management services on F404 engine.  Full Article

BRIEF-Magellan Aerospace Signs Agreement With Hamilton Sundstrand

* MAGELLAN AEROSPACE-SIGNED AGREEMENT WITH HAMILTON SUNDSTRAND, TO MAKE COMPLEX MAGNESIUM,ALUMINIUM CASTINGS FOR MILITARY,COMMERCIAL AEROSPACE PLATFORMS Source text for Eikon: Further company coverage: