Revenue

June 3, 2009 - 7:50am

Despite plummeting revenues and profits at parent company Textron, Bell Helicopter posted significantly improved first-quarter results compared with the same period last year. Revenue increased from $574 million to $742 million and pre-tax profits soared from $16 million to $69 million.

April 3, 2009 - 10:09am

Revenues at Berkshire Hathaway’s services group–which includes fractional provider NetJets and flight-training provider FlightSafety International–were $8.435 billion last year, an increase of $643 million over 2007. While FlightSafety helped contribute to increased earnings in the division, lower earnings at NetJets offset those increases.

March 4, 2009 - 9:36am

Revenues at Berkshire Hathaway’s services group–which includes fractional provider NetJets and flight-training provider FlightSafety International–were $8.435 billion last year, an increase of $643 million over 2007. Overall, pre-tax earnings at the Berkshire division last year were relatively unchanged from 2007 at $971 million, according to the company’s financial report issued late last week.

February 27, 2009 - 5:05am

Despite the recession, XOJet has reported strong year-over-year increases in revenue, flight hours and customers. The charter company said it experienced a 66-percent increase in revenue last year and a 60-percent increase in flight hours over 2007. XOJet ended the year with more than 1,500 customers, up from 1,000 the previous year.

October 27, 2008 - 11:12am

Charter broker Air Partner has reported strong growth in both sales and profits for its financial year that ended on July 31. Group sales climbed 35 percent, to reach £251.3 million ($432 million) and pre-tax profits grew by 21 percent, to £9.2 million ($15.8 million).

October 16, 2008 - 11:58am

London-based aircraft charter broker Air Partner has reported strong growth in both sales and profits for its fiscal year that ended on July 31. Group sales climbed 35 percent to reach £251.3 million ($432 million) and pre-tax profits grew by 21 percent to £9.2 million ($15.8 million).

October 2, 2008 - 12:23pm

Fractional-share operator Avantair saw its revenues climb significantly for the fiscal year that ended on June 30. Compared with the same period last year, revenues increased 51.3 percent, to $115.6 million from $76.4 million.

October 1, 2008 - 6:20am

Bombardier (Booth No. 4397) reported a year-over-year revenue increase of 22 percent, to $4.9 billion, in its second fiscal quarter ending July 31, thanks in large part to the strength of its aerospace division. The company’s aviation businesses contributed $2.5 billion of these revenues in the quarter, up from $2.2 billion in the same period last year.

October 1, 2008 - 5:04am

Bombardier last month reported a year-over-year revenue increase of 22 percent, to $4.9 billion, in its second fiscal quarter ending July 31, thanks in large part to its aerospace division. The company’s aerospace division contributed $2.5 billion of these revenues in the quarter, up from $2.2 billion in the same period last year.

April 28, 2008 - 10:15am

Textron, the parent company of Bell Helicopter and Cessna, isn’t feeling the effects of the economic downturn just yet. The company reported an 18.7-percent jump in revenue in the first quarter, largely due to an increase in revenue of $278 million by the Wichita-based OEM.

 
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