Air France-KLM Group has raised its full-year forecast following a strong third quarter. The group now expects to post a positive operating profit when it had been expecting only to break even. The ai...
JetBlue shares led the charge in airline stocks yesterday. The NYSE Arca Airline Index rose by 47.94 points on news of positive earnings for all US airlines and the announcement of the US-Japan open s...
Aside from announcing more than 200% increase in profits, Waha Capital has acquired a 20% stake in the Dutch aircraft lessor AerCap. Under the deal, Waha will acquire approximately 29.8 million shares...
Abu Dhabi-listed Waha Capital posted a third-quarter net profit of 37 million dirhams ($10.1 million), compared to just 2 million dirhams in the same period for 2009. Waha funds real estate and leasin...
Blighted by strikes and fuel protests, it is no surprise that French airlines are complaining about the cost. Lionel Guerin, head of the airline industry trade association FNAM and chief executive of ...
Garuda Indonesia IPO, previously scheduled for December 2010, is on track for launch in early February 2011. The airline is forecasting a net profit of 3.7 trillion rupiah in 2014, up from 669 billion...
Shares soared in China Southern Airlines after its nine-month profit rose more than 15-fold. The airline expects to report the profit increase after passenger numbers rose 22% in the same period. It a...
Share in Textron, an aircraft, defense, industrial and finance service provider, have been downgraded by Barclays analysts to “Equal weight” rating. The price target was cut from $28.00 to $25.00. ...
Boeing’s third-quarter earnings have exceeded Wall Street’s expectations and the manufacturer has raised its outlook for the year. Strong demand for commercial aircraft shows airlines are investing in...
Fitch Ratings' Airline Credit Navigator report states that the credit quality and ratings outlook for the largest US airlines remains positive. US airline are reporting improved operating results for ...
RBS has provides, Omni Serv, an airline service providers, with a £4.8 million funding package. Lombard, the asset finance arm of RBS, provided £1.8million to fund the purchase of minibuses, medical l...
Senior, aerospace and lorry hydraulics group, has reported strong third quarter results and raised its full year forecast to meet the top end. Renewed strength in the aircraft manufacturing market has...
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