Actualité aéronautique

Momentive Specialty Chemicals Inc. Completes Sale Of Ink & Adhesive Resins Business to Harima Chemicals, Inc.

transmise le 1 février 2011 par Business Wire

Momentive Specialty Chemicals Inc. announced today that it has completed the sale of its global Ink & Adhesive Resins (IAR) business to Harima Chemicals, Inc., a leading producer of pine-based products.

Triumph Group Reports Strong Third Quarter Fiscal 2011 Results

transmise le 1 février 2011 par Business Wire

Triumph Group, Inc. today reported that net sales for the third quarter of the fiscal year ending March 31, 2011 totaled $810.9 million, a 159 percent increase from last year’s third quarter net sales of $313.5 million. Organic sales growth for the quarter was ten percent. Income from continuing operations for the third quarter of fiscal year 2011 increased 149 percent to $45.0 million, or $1.77 per diluted share, versus $18.1 million, or $1.08 per diluted share, for the third quarter of the prior year. The quarter’s results included approximately $1.0 million pre tax ($0.6 million after tax or $0.02 per diluted share) of integration costs related to the acquisition of Vought Aircraft Industries (now Triumph Aerostructures-Vought Aircraft Division). Excluding these integration costs, income from continuing operations for the quarter was $45.6 million, or $1.79 per diluted share. Net income for the third quarter of fiscal year 2011 increased 697 percent to $44.6 million, or $1.75 per diluted share, versus $5.6 million, or $0.34 per diluted share, for the third quarter of the prior year. The tax rate for the quarter was 30.5% and was favorably impacted by the effect of the recently enacted extension of the Research and Development Tax Credit. The tax rate for the remainder of the fiscal year will be approximately 34.5%. The number of shares used in computing diluted earnings per share for the third quarter of fiscal year 2011 increased to 25.5 million shares primarily due to the dilutive effect of the company’s convertible notes. During the quarter, the company used $3.0 million of cash flow from operations.

ILFC Enters into $2 Billion Committed Unsecured Credit Line

transmise le 1 février 2011 par Business Wire

International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. , announced today that it has entered into a $2 billion unsecured three-year revolving credit line for the purposes of enhancing its liquidity position and credit profile as it moves forward.

Frontier Airlines Issues Weather Policy for Midwest and Northeast Cities

transmise le 31 janvier 2011 par Business Wire

In response to forecasts for significant winter weather across the Midwest and Northeast portions of the United States, Frontier Airlines has put the following travel policy guidelines into place for all customers scheduled to travel to, from or through the following cities Jan. 31 through Feb. 3, 2011, who purchased tickets on or before Jan. 30, 2011. Those cities include:

Statement from Kaman Corporation, On the Death of Company Founder, Charles Huron Kaman

transmise le 31 janvier 2011 par Business Wire

Kaman Corporation released the following statement today from Neal J. Keating, Chairman, President and Chief Executive Officer.

Republic Airways Amends Delta Agreement to Add Eight E170 Aircraft

transmise le 31 janvier 2011 par Business Wire

Republic Airways Holdings Inc. announced today it has amended its capacity purchase agreement with Delta Air Lines to provide for the addition of eight dual-class E170 aircraft.

California Pizza Kitchen Opens Expanded Location in Fresno Yosemite International Airport

transmise le 31 janvier 2011 par Business Wire

California Pizza Kitchen, Inc. , home of the Original BBQ Chicken Pizza and other innovative hearth-baked pizzas, made-to-order pastas, creative salads, appetizers, soups, sandwiches and desserts, has expanded upon their kiosk location in the Fresno Yosemite International Airport (FYI) in Fresno, Calif.

Southern Air nomme le chevronné Robert L. Crandall à son conseil d'administration

transmise le 31 janvier 2011 par PRNewswire

Southern Air Holdings, Inc. annonce aujourd'hui la nomination de Robert L. Crandall, ancien président-directeur général d'AMR Corporation et d'American Airlines, au conseil d'administration de la société.

AML Communications Schedules Third Quarter FY 2011 Earnings Release and Conference Call

transmise le 31 janvier 2011 par Business Wire

AML Communications, Inc. , a designer, manufacturer and marketer of microelectronic assemblies for the defense industry, will announce earnings results for its third quarter ended December 31, 2010, before the market opens on Monday, February 14, 2011. Following the release, AML Communications will host a conference call on Monday, February 14, 2011, at 4:00 p.m. Eastern/1:00 p.m. Pacific Time to discuss the company's financial results and business outlook. The conference call will be conducted by Jacob Inbar, President and Chief Executive Officer.

Research and Markets: World Commercial Avionics Markets - Beleaguered Commercial Avionics Industry Expects a Tailwind with Rising Demand for Retrofits

transmise le 31 janvier 2011 par Business Wire

Research and Markets has announced the addition of Frost & Sullivan's new report "World Commercial Avionics Markets" to their offering.