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Airbus Group reports robust first quarter 2015 results

Airbus Group reported robust first quarter 2015 results with improved cash flow and confirmed its full year guidance. Group order intake in the quarter was €21bn (Q1 2014: €21bn), with the order book value rising to €955bn as of March 31st, 2015 (year-end 2014: €858bn) taking into account a positive revaluation linked to the strengthening of the US dollar. Airbus received 101 net commercial aircraft orders in the quarter (Q1 2014: 103 net orders), including 34 A330 Family aircraft. Airbus Helicopters received 86 net orders (Q1 2014: 78 units), including 49 H145s and 19 H175s, while in April the H225M Caracal was preselected by Poland for the test phase of its multi-role military helicopter tender. Order intake by value at Airbus Defence and Space rose 16%, with good momentum seen for military aircraft including seven light and medium transport aircraft. Group revenues totalled €12.1bn (Q1 2014: €12.6bn), mainly reflecting the phasing of deliveries at Commercial Aircraft which are expected to be back-loaded in 2015, especially for the A350 XWB and A380. A total of 134 commercial airplanes were delivered (Q1 2014: 141 units), including one A350 XWB and four A380s. Commercial Aircraft’s revenues totalled €8.6bn with favourable foreign exchange mitigating the lower delivery volume. Net income increased by 80% to €792m (Q1 2014: €439m), while earnings per share (EPS) rose by the same amount to €1.01 (Q1 2014: €0.56). The finance result was € -366m (Q1 2014: €-107m) and included negative one-offs of €229m from foreign exchange revaluation linked to the weakening of the euro.

Friday March 29, 2024
GIT, a 100%-owned subsidiary of Liebherr-Aerospace Toulouse SAS, soon will be known as Liebherr-Aerospace Coatings SAS © Liebherr Aerospace
Liebherr-Aerospace Toulouse SAS has completed the acquisition of GIT Galvanoplastie Industrielle Toulousaine SAS (GIT). Situated in Cugnaux, near Toulouse, France, the company specialises in surface treatment and the application of liquid paint on diverse mate... Read More »
Friday March 29, 2024
YunExpress will add a second Boeing 777 Freighter under a long-term charter agreement with Atlas Air ©Boeing
Atlas Air Inc., a subsidiary of Atlas Air Worldwide Holdings, has unveiled the extension of its strategic collaboration with YunExpress, a subsidiary of Zongteng Group. This expansion entails the addition of a second Boeing 777-200 freighter under a long-term ... Read More »
Friday March 29, 2024
Pratt & Whitney Canada to support FLY91's ATR aircraft powered by PW127M engines © Pratt & Whitney
Pratt & Whitney Canada (P&WC) has sealed a multi-year agreement with FLY91 to oversee the maintenance, repair and overhaul of the PW127M engines propelling its ATR 72-600 turboprop passenger aircraft fleet. FLY91, the fresh regional airline venture by ... Read More »
Friday March 29, 2024
Ryanair will purchase up to 360,000 tonnes of SAF from Shell between 2025 and 2030 © Ryanair
Ryanair has purchased 1,000 tonnes of sustainable aviation fuel (SAF) from global energy group, Shell, (enough SAF to fuel over 200 flights from Stansted to Madrid), which will be supplied to the airline at its Stansted Airport base. This purchase follows the ... Read More »
Friday March 29, 2024
Cargo aircraft
Air cargo rates are rising from most of the main global regions, especially from Asia Pacific and from Middle East & South Asia (MESA), strengthened by the ongoing disruptions to container shipping and elevated demand for cross-border e-commerce shipments.... Read More »
Friday March 29, 2024
Darius Kajokas CEO of Avion Express
Avion Express UAB fulfilled its obligations to creditors almost two years ahead of schedule and became the first airline in Lithuania to successfully complete its corporate restructuring process. During this process, the company not only ensured the continuity... Read More »
Thursday March 28, 2024
Ground-breaking of AAR's new facility in Miami © AAR Corp.
On Wednesday, March 27, AAR CORP. commenced the construction of its new maintenance, repair, and overhaul (MRO) facility in Miami, marking a significant milestone for the company. Over 400 attendees congregated to commemorate the occasion, with John M. Holmes,... Read More »
Thursday March 28, 2024
Johan Malmqvist
Lilium has appointed Johan Malmqvist as Chief Financial Officer (CFO) effective April 1, 2024, bringing more than 25 years of experience as a CFO of global public and private companies across a variety of sectors and geographies. Most recently, he served as CF... Read More »
Thursday March 28, 2024
The Airbus A220 is powered by PW1500G engines
SIA Engineering Company (SIAEC) has entered into an agreement with Pratt and Whitney (P&W) to exit from the PW1500G engine risk-revenue sharing programme (RRSP) that was held through its wholly-owned subsidiary, NexGen Network (2) Holding (NGN2). This prog... Read More »
Thursday March 28, 2024
Honeywell will initiate a voluntary tender offer to acquire all outstanding shares of Civitanavi for a purchase price of €6.30 per share in cash © Civitanavi
Honeywell will initiate a voluntary tender offer to acquire all outstanding shares of Civitanavi Systems S.p.A., for a purchase price of €6.30 (£4.60) per share in cash (an equity value of approximately €200 million (£171 million) at closing). The acquis... Read More »
Thursday March 28, 2024
STS Aviation Group
STS Aviation Group has announced the expansion of STS Aviation Services UK, with the opening of two new line maintenance stations at East Midlands (EMA) and Norwich (NWI) airports in the United Kingdom, effective April 1, 2024. This strategic expansion is set... Read More »
Thursday March 28, 2024
© Lufthansa and the trade union Ver.di resolved the ongoing pay dispute
Following successful mediation, Lufthansa and the trade union Ver.di have reached an agreement on the main features of a collective labour agreement for approximately 25,000 Lufthansa employees, announced in Frankfurt. Details of the agreement to be disclosed ... Read More »
Wednesday March 27, 2024
Condor Boeing 757-300 aircraft © AirTeamImages
Crestone Air Partners, an aviation asset management platform supported by Air T, has successfully acquired eleven Boeing 757-300 aircraft. This milestone transaction not only signifies substantial growth for Crestone but also underscores its capability to exec... Read More »
Wednesday March 27, 2024
SAS
SAS AB has officially applied for company reorganisation (Sw. företagsrekonstruktion) in Sweden today, March 27, 2024. The commencement of this process is contingent upon approval from the Stockholm District Court. It’s important to note that this appli... Read More »
Wednesday March 27, 2024
© Brussels Airlines
Brussels Airlines has successfully concluded negotiations with cockpit unions regarding their reward package, with the agreement formally signed on March 24, 2024. The specifics of the agreement will be communicated to the cockpit community in the forthcoming ... Read More »
Wednesday March 27, 2024
IFS Cloud has been selected by Joby Aviation to shape the future of eVTOL aircraft
Joby Aviation, the manufacturer of eVTOL aircraft for commercial air taxi services, has selected the IFS Cloud for Aviation Maintenance solution for its pioneering eVTOL aircraft maintenance processes. Joby continues to lead the way on the development of eVTOL... Read More »
Wednesday March 27, 2024
Over two-million gallons of blended SAF will be supplied into the fuelling system at Schiphol Airport over the course of 2024 © Emirates
Emirates has commenced the activation of its fuel agreement with Neste this month at Amsterdam Schiphol Airport. Over two-million gallons of blended sustainable aviation fuel (SAF) will be supplied into the fuelling system at Schiphol Airport over the course o... Read More »
Wednesday March 27, 2024
the Ai Co-Validator promises to radically transform the way organisations process large volumes of incoming reports by leveraging artificial intelligence (AI)
ASQS, a provider of integrated aviation quality and safety management solutions has launched its latest feature – the iQSMS Ai Co-Validator. Developed in cooperation with Lufthansa Industry Solutions (LHIND), a renowned IT service provider specialising in di... Read More »
Tuesday March 26, 2024
Abelo has acquired four ATR 72-600s through SKY Leasing, currently on lease to IndiGo © ATR
Regional aircraft lessor Abelo has acquired four ATR 72-600 aircraft through SKY Leasing. This strategic transaction expands Abelo’s portfolio to a total of 57 owned and managed aircraft. All four aircraft are currently on lease to India’s low-cost carrier... Read More »
Tuesday March 26, 2024
© Shutterstock
AAR CORP. has reported third-quarter fiscal year 2024 consolidated sales of US$567.3 million and income from continuing operations of US$14.0 million. For the third quarter of the prior year, the company reported sales of US$521.1 million and income from conti... Read More »

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