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WestJet announces normal course issuer bid

WestJet Airlines Ltd. (TSX:WJA) announced today that the Toronto Stock Exchange ("TSX") has accepted its notice to make a normal course issuer bid to purchase outstanding common voting and variable voting shares (the "Shares") on the open market in accordance with the rules of the TSX.

Etihad Airways, the national airline of the United Arab Emirates (UAE), has appointed Rashed Saif Al Shabi as its new General Manager for Cyprus.

Published in European News

Spirit AeroSystems Holdings, Inc. (NYSE: SPR) reported fourth quarter and full-year 2012 financial results reflecting record revenue on higher ship set deliveries and solid core program operating performance.

Published in US News

 Northrop Grumman (NYSE:NOC) today announced it has appointed Mary Petryszyn vice president, international, for the company's Aerospace Systems sector.

Published in International News

Héroux-Devtek Reports Third Quarter Results

Héroux-Devtek Inc. (TSX: HRX), ("Héroux-Devtek" or the "Corporation"), a leading Canadian manufacturer of aerospace products, today reported its results for the third quarter of fiscal 2013 ended December 31, 2012. Unless otherwise indicated, all amounts are in Canadian dollars.

Air Canada today reported full year and fourth quarter earnings before interest, taxes, depreciation, amortization and impairment, and aircraft rent ("EBITDAR") of $1.451 billion (or $1.327 billion before the impact of benefit plan amendments) compared to EBITDAR of $1.242 billion in 2011. 

Hawker Beechcraft Corporation (HBC) today announced the appointment of Ted Farid as vice president of sales for the Asia-Pacific (APAC) region, which includes all of North and South Asia and India. In this role, Farid oversees sales activities in a region that is essential to the company’s future success with many of the countries in the APAC region featuring some of the world’s fastest growing economies and infrastructures.

Published in Asian News

WestJet (TSX: WJA) today announced its fourth quarter and year-end results for 2012. The airline reported fourth quarter net earnings of $60.9 million, or $0.46 per share and full-year net earnings of $242.4 million, or $1.78 per share; up significantly from the net earnings of $148.7 million, or $1.06 per share, reported for 2011.

Air Canada Reports Record January Load Factor

For the month of January, Air Canada reported a record system load factor of 79.4 per cent, versus 79.1 per cent in January 2012, an increase of 0.3 percentage points.  System traffic increased 0.3 per cent on a system-wide capacity decrease of 0.1 per cent. Air Canada reports traffic results on a system-wide basis, including regional airlines from which Air Canada purchases capacity.

As it prepares to tackle the challenges of its rapid development over the next decade, Dubai Airports has announced the appointment of two Emiratis to executive positions in airport operations.
Published in UAE News
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