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Boeing Reports Strong First-Quarter Results and Reaffirms 2013 Guidance
- Core EPS (non-GAAP)* rose 24 percent to $1.73 on strong operating performance; GAAP EPS of $1.44
- Revenue of $18.9 billion reflects higher deliveries on the 737 and 777 offset by lower 787 deliveries
- Backlog grew to a record $392 billion,… Continue reading
Boeing Says Strong Demand Pushing Commercial Production Rates Higher
ORLANDO, Fla., March 11, 2013 /PRNewswire/ — Boeing [NYSE:BA] said today that strong demand for its commercial airplanes and a healthy backlog are behind the company’s decision to keep increasing… Continue reading
Boeing Q4 sales strong but taxes hit net earnings
US aerospace giant Boeing reported a sharp fourth quarter fall in earnings as expected Wednesday, as tax costs surged from a year earlier but operating earnings gained on strong sales growth.
Meanwhile, the company’s chief executive said the company was… Continue reading
Lufthansa, Air France-KLM shares soar on strong quarterly results
(AFP) Surprisingly strong results from European airlines Lufthansa and Air France-KLM boosted their share prices on Wednesday despite cautious outlooks for the rest of the year owing mainly to a weak business climate and uncertain fuel prices.
Lufthansa, the biggest… Continue reading
Alenia Aermacchi SF-260: 900 and still going strong
Alenia Aermacchi has delivered the 900th SF-260 establishing an all-time sales record for the Italian aircraft industry. The SF-260 is the most successful Italian aircraft produced in peacetime. In the past 46 years no less than 27 air forces, several… Continue reading Boeing Reports Strong First-Quarter Results
- Earnings per share rose to $1.22, driven by strong core operating performance
- Revenue grew to $19.4 billion on increased commercial airplane deliveries
- Backlog rose to a record $380 billion including $42 billion of new orders
- Operating cash flow increased to… Continue reading
Air travel in Latin America to be boosted by a strong economy
Latin America’s dynamic economy is expected to create a tripling of the region’s air traffic during the next 20 years, driving the demand through 2030 for over 2,000 new aircraft with seating capacities of more than 100 passengers – according… Continue reading
Strong Partnerships Across the Air Cargo Value Chain
Kuala Lumpur -The International Air Transport Association (IATA) advocated strong partnerships across the air cargo value chain to address an industry agenda to enhance safety, security, sustainability and competitiveness.
“Air cargo is critical to the global economy. By value, over… Continue reading
Southwest posts $152M 4Q profit on strong traffic
Southwest Airlines Co. is making money even with higher fuel prices, thanks to full planes and rising fares.
The airline’s fourth-quarter net income rose 16 percent to $152 million and revenue jumped to $4.11 billion. Southwest expects strong revenue in… Continue reading
Strong growth in airliner numbers and seating capacity is foreseen by Airbus’ 2011-2030 Global Market Forecast
The continuing “democratization†of air transport – driven by emerging economies, a global increase in wealth, greater urbanization, the need for more eco-efficient aircraft and a nearly doubling of major airport hubs for mega-cities – will lead to the demand… Continue reading
Bell Helicopter Delivers First 429 Into Middle East
ABU DHABI, UAE (February 21, 2011) – Bell Helicopter, a Textron Inc. (NYSE: TXT) company, today announced the first delivery of a Bell 429 helicopter to a customer in the Middle East. The announcement took place at IDEX, the largest… Continue reading
Civil Aviation Strong Demand Continues – Recovery Enters Second Slower Phase
Sydney – The International Air Transport Association (IATA) announced international scheduled traffic statistics for July which showed continued strengthening of demand for both passenger and cargo traffic. Compared to July 2009, international passenger demand was up 9.2% while international scheduled… Continue reading