United Continental Holdings reported second-quarter 2012 net income of $545m, excluding $206m of net special charges. Including special charges, UAL reported second-quarter 2012 net income of $339m. For the second quarter of 2012, total revenue was $9.9bn, an increase of 2.4% year-over-year excluding special items. Including special items in 2011, second-quarter total revenue increased 1.3%
US Airways Group reported second quarter 2012 net profit excluding net special charges, was a record $321m versus $106m in the Company’s second quarter 2011. On a GAAP basis, the Company reported a record net profit of $306m for its second quarter 2012 compared to a net profit of $92m for the same period in
Delta Air Lines (DAL) reported financial results for the June 2012 quarter. Delta’s net income, excluding special items, for the June 2012 quarter was $586 million, Delta’s June 2012 quarter GAAP net loss was $168m (compared to net income of 198m in 2011), including mark-to-market adjustments on open fuel hedges and other special items. Delta’s
JetBlue reported record second quarter operating revenues of $1.3bn, an increase of 11.0% versus last year. Revenue passenger miles for the second quarter increased 10.5% to 8.50bn on a capacity increase of 5.5%, resulting in a second quarter load factor of 85.3%, an increase of 3.8 points year over year. Net income for the second
FLY Leasing, a global lessor of modern, fuel-efficient commercial jet aircraft, announced its financial results for the second quarter of 2012. FLY’s net income for the second quarter of 2012 were $25.7m compared to $4.1 million in the same period of 2011. The increases in operating lease revenue and net income is primarily due to
Boeing reported that second-quarter net income rose to $1.0bn, on revenue of $20.0bn. Earnings per share rose 2%, reflecting continued strong core performance across the company’s businesses, which more than offset higher pension expense. Earnings per share guidance for 2012 increased to between $4.40 and $4.60 reflecting the strong core operating performance. The company also
MTU Aero Engines Holding AG is making good progress toward its growth targets: by the end of June 2012, the Group had increased its revenues by 16% to €1,559.0m (1-6/2011: €1,346.5m). Operating profit rose by 7% from €164.4m to €175.8m, resulting in an operating profit margin of 11.3% (1-6/2011: 12.2%). Net income also registered a
Dublin based aircraft lessor AWAS, has closed a $360m, 6-year Senior Secured Term Loan to help add resources to fund planned growth. The transaction was rated BBB- by S&P and Ba2 by Moody’s. Proceeds from this Term Loan were used to refinance all nine aircraft funded by AWAS June 2011 $500m Warehouse Facility, arranged by
Volvo Aero reported that net sales during the second quarter increased by 26% to SEK 1,945m (1,547m in 2011). Adjusted for currency fluctuations, net sales during the second quarter increased by 13%. Operating income amounted to SEK 305m compared to SEK 62m in the same quarter of 2011. The improvement is a result of a
For the second quarter 2012, Spirit’s total operating revenue was $346.3m, an increase of $70.4m, or 25.5%, compared to second quarter 2011 on a capacity increase of 16.5%. Total revenue per available seat mile increased to 12.25 cents, up 7.7% compared to the second quarter 2011, driven by total operating yields which increased 9.1% year-over-year
