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Anglais Fraport Interim Report - First Quarter 2011: Fraport Records Surge in EBITDA and Revenue

transmise le 12 mai 2011 par PRNewswire

In the first quarter of 2011, the Fraport Group's revenue increased by 6.8 percent from EUR476.1 million to EUR508.6 million compared to the same period of the previous year. The operating result or EBITDA (earnings before interest, tax, depreciation and amortization) rose from EUR115.8 million to EUR128.5 million year-on-year. This corresponds to an increase of 11 percent. Group profit increased more than sixfold, from EUR4 million in the first quarter of 2010 to EUR24.2 million in the same period this year.
Anglais Fraport Traffic Figures - April 2011: Visible Growth in April

transmise le 12 mai 2011 par PRNewswire

The impact of the global financial and economic crisis on traffic at Frankfurt Airport (FRA) has now been relegated to the history books. In the reporting month of April 2011, traffic volumes for passengers, cargo (airfreight plus airmail) and MTOWs (Maximum Takeoff Weights) all reached new April records and surpassed the April 2008 figures. FRA's dramatic 31 percent year-on year growth in passenger traffic is, first and foremost, the result of a statistical base effect. In April 2010 the ash cloud from the volcanic eruption in Iceland brought European aviation to a standstill for almost one week. Eliminating all special effects - including political unrest in the MENA region (Middle East and North Africa) as well as the earthquake/Tsunami catastrophe in Japan and taking into account the late-occurring Easter travel season in April this year instead of March in 2010 - FRA ends up with "regular" growth of 210,000 to 250,000 passengers in April 2011. This represents a passenger gain of about six to seven percent year-on-year.
SpaceX Names Bret Johnsen as Chief Financial Officer Anglais SpaceX Names Bret Johnsen as Chief Financial Officer

transmise le 11 mai 2011 par Business Wire

Space Exploration Technologies (SpaceX) has named Bret Johnsen as Chief Financial Officer, bringing 20 years of financial leadership experience in high-profile, publicly traded companies to SpaceX as it undergoes rapid growth on the back of tremendous technological and market success.
Anglais ILFC Names Elias Habayeb Chief Financial Officer

transmise le 11 mai 2011 par Business Wire

International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. , today announced the appointment of Elias Habayeb to the position of Chief Financial Officer effective May 11, 2011. Mr. Habayeb will lead the company’s financial operations including treasury, insurance, accounting, and enterprise risk management and will report to President Fred Cromer.
Anglais Quality Products Announces Payment of a Special Dividend and Results For the Three and Six Months Ended March 31, 2011

transmise le 11 mai 2011 par Business Wire

Quality Products, Inc. , a manufacturer and distributor of aircraft ground support equipment (“Columbus Jack & Regent Manufacturing”) and hydraulic press machine tools (“Multipress”), today announced payment of a special dividend and reported fiscal 2011 second quarter and six months operating results.
Nortech Systems Reports First Quarter Results Anglais Nortech Systems Reports First Quarter Results

transmise le 11 mai 2011 par Business Wire

Nortech Systems Incorporated today reported net sales of $29.0 million for the first quarter ended March 31, 2011, an increase of 33 percent over net sales of $21.7 million for the first quarter of 2010.
US Airways Presentation at the Bank of America Merrill Lynch Global Transportation Conference to Be Webcast Anglais US Airways Presentation at the Bank of America Merrill Lynch Global Transportation Conference to Be Webcast

transmise le 11 mai 2011 par Business Wire

US Airways’ President Scott Kirby will present at the Bank of America Merrill Lynch Global Transportation Conference on Thursday, May 19. Kirby’s presentation will be webcast live at 10:50 a.m. ET at www.usairways.com. To access the webcast, click on Company Information >> Investor Relations >> Webcasts/Presentations/Updates.
CPI Aerostructures and Sovereign Bank Amend Credit Agreement to Increase and Extend Revolving Credit Facility Anglais CPI Aerostructures and Sovereign Bank Amend Credit Agreement to Increase and Extend Revolving Credit Facility

transmise le 11 mai 2011 par Business Wire

CPI Aerostructures, Inc. announced today that it has entered into a fifth amendment to its credit agreement with Sovereign Bank, (the "Credit Agreement"), increasing the existing revolving credit facility under the Credit Agreement from an aggregate of $4,000,000 to an aggregate of $10,000,000 and extending the term of the revolving credit facility from August 2013 to August 2014. In addition, the interest rate on borrowings under the revolving credit facility will no longer be subject to a minimum rate of 3.75%.
Practiced Aerospace Executive Joins APSE as Vice President of Business Development Anglais Practiced Aerospace Executive Joins APSE as Vice President of Business Development

transmise le 11 mai 2011 par Business Wire

Aerospace Products S.E. (APSE), an AGC Aerospace & Defense company, announced that Joe Haroldsen has been appointed Vice President of Business Development for the company.
3M Aerospace Introduces 3M™ Scotch-Weld™ Structural Void Filling Compounds Anglais 3M Aerospace Introduces 3M™ Scotch-Weld™ Structural Void Filling Compounds

transmise le 11 mai 2011 par Business Wire

3M Aerospace is changing the way aircraft components are manufactured with the introduction of 3M™ Scotch-Weld™ Structural Void Filling Compounds EC-3550 B/A FST and EC-3555 B/A FST. These low-density void fillers help save time and costs in aircraft production by eliminating process steps, reducing worker time and speeding throughput. With a unique combination of easy dispensability and non-sag performance, Scotch-Weld low-density void filling compounds offer a number of productivity-enhancing advantages.
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