Air Transport

By Stephen Costley
MTU AERO ENGINES earned €125.5m in 3Q19 (vs €118.3m in 3Q18) on 1% lower revenues. It has €20.8b backlog.
Air Transport

By Stephen Costley
EATON AEROSPACE earned $129m on $513m sales in 3Q19 vs $105m on $478m in 3Q18; margins were record 25.1%.
Air Transport

By Stephen Costley
AFI KLM E&M earned €75m in 3Q19 (vs €77m in 3Q18) on 9.6% higher revenues; third party revenues rose 11%.
Air Transport

By Stephen Costley
SPIRIT AEROSYSTEMS had $131m net income on $1.9b revenues in 3Q19 vs $169m on $1.8b in 3Q18 and says Boeing's decrease in 787 production to 12 per
Air Transport

By Stephen Costley
SAFRAN had €6.1b revenues in 3Q19 vs €5.3b in 3Q18; Aerospace Propulsion rose 18.3% (civil aftermarket increased 18.6%); to date in 2019, the total
Air Transport

By Stephen Costley
LOCKHEED MARTIN has $34b US DOD contract to produce 478 F-35s (Lots 12-14; 291 for US, 127 for international partners and 60 for FMS) at the lowest
Air Transport

By Stephen Costley
INDONESIA late last week issued final report by air accident investigators into crash of Lion Air 610, determinating design and certification of MCAS
Air Transport

By Stephen Costley
ITALY has again delayed deadline for any presentation of a formal business plan for ALITALIA as no investors have come forward.
Air Transport

By Stephen Costley
JETLINES postponed planned startup after failing to secure C$40m in financing from SmartLynx and InHarv ULCC Growth Fund.
Air Transport

By Stephen Costley
AMERICAN AIRLINES had $425m net income for 3Q19 (vs $372m in 3Q18) on 3% higher revenues; CASM increased 1%. It also estimates cancellations from 737
Air Transport

By Stephen Costley
AIR FRANCE-KLM GROUP had €361m net income for 3Q19 (vs €787m in 3Q18) on 2% higher revenues; it has 552 aircraft. AIR FRANCE earned €383m (vs €110m
Air Transport

By Stephen Costley
ALASKA AIR GROUP had $322m net income for 3Q19 (vs $217m in 3Q18) on 8% higher revenues; CASM rose 3.4%.
Air Transport

By Stephen Costley
INTERNATIONAL AIRLINES GROUP had €1.8b net income for 3Q19 (vs €1.9b in 3Q18) on 5.7% higher revenues. Its performance was affected by labor strikes.
Air Transport

By Stephen Costley
AIR CANADA had C$636m net income in 3Q19 (vs C$702m in 3Q18) on 2.5% higher revenues. It says its record results were remarkable given it was achieved
Air Transport

By Stephen Costley
WESTJET earned C$119.4m in 3Q19 (vs C$70.1m) on 10.5% higher revenues.
Air Transport

By Stephen Costley
GOL lost R$171m in 3Q19 (vs R$433m loss in 3Q18) on 28.3% higher revenues.
Air Transport

By Stephen Costley
VIVA AEROBUS had MP226m net income in 3Q19 (vs MP510m in 3Q18) on 40% higher revenues; ancillary revenues rose 16.1% and accounts for 38% of total.
Air Transport

By Stephen Costley
ATLAS AIR had $60m net income for 3Q19 (vs $71.1m in 3Q18) on 1.2% lower revenues. It permanently parked two 737-400s aircraft used for training
Air Transport

By Stephen Costley
SKYWEST had $91.3m net income in 3Q19 (vs $83m in 3Q18) on 8.3% lower revenues due to sale of ExpressJet in January 2019. It is operating 483 aircraft
Air Transport

By Stephen Costley
HELVETIC AIRWAYS took delivery of its first (022) of 12 E190-E2s on order.
Air Transport

By Stephen Costley
ICELANDAIR removed 737 MAX from its flight schedule through February 2020.
Air Transport

By Stephen Costley
AIR FRANCE-KLM is increasing year-over-year capacity by 2.5% in 2019-2020 winter season starting October 27, powered by 4% increase in long-haul
Air Transport

By Stephen Costley
AIRASIA plans January 22 to begin Kuala Lumpur-Okinawa (A320).
Air Transport

By Stephen Costley
JET2.COM plans in 2Q20 to begin Manchester-/Birmingham-Innsbruck (737).
Air Transport

By Stephen Costley
AMERICAN plans October 2020 to begin LAX-Christchurch, New Zealand (787-8).
Air Transport