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Mercury Systems Reports Q2 Adjusted Earnings Per Share $0.54

Tuesday, 28 Jan 2020

Jan 28 (Reuters) - Mercury Systems Inc ::MERCURY SYSTEMS REPORTS SECOND QUARTER FISCAL 2020 RESULTS.SEES Q3 GAAP EARNINGS PER SHARE $0.29 TO $0.32.Q2 ADJUSTED EARNINGS PER SHARE $0.54.Q2 GAAP EARNINGS PER SHARE $0.29.Q2 REVENUE $193.9 MILLION VERSUS REFINITIV IBES ESTIMATE OF $192.5 MILLION.Q2 EARNINGS PER SHARE ESTIMATE $0.48 -- REFINITIV IBES DATA.SEES FY 2020 ADJUSTED EARNINGS PER SHARE ABOUT $2.09 TO $2.13.SEES Q3 2020 ADJUSTED EARNINGS PER SHARE $0.50 TO $0.53.SEES FY 2020 GAAP EARNINGS PER SHARE $1.30 TO $1.35.SEES Q3 2020 REVENUE $190 MILLION TO $200 MILLION.SEES FY 2020 REVENUE $780 MILLION TO $795 MILLION.TOTAL BACKLOG AT DECEMBER 27, 2019 WAS $727.5 MILLION, A $205.5 MILLION INCREASE FROM A YEAR AGO.Q3 EARNINGS PER SHARE VIEW $0.56, REVENUE VIEW $205.6 MILLION -- REFINITIV IBES DATA.FY2020 EARNINGS PER SHARE VIEW $2.09, REVENUE VIEW $787.1 MILLION -- REFINITIV IBES DATA.

Alaska Air Group Inc Sees Q1 Revenue Per ASM Up About 0.5% to 3.5%

Tuesday, 28 Jan 2020

Jan 28 (Reuters) - Alaska Air Group Inc ::ALASKA AIR GROUP INC - SEES Q1 CAPACITY UP ABOUT 4%.ALASKA AIR GROUP INC - EXPECT CAPITAL EXPENDITURES TO BE APPROXIMATELY $750 MILLION IN 2020.ALASKA AIR GROUP INC - SEES Q1 COST PER ASM EXCLUDING FUEL AND SPECIAL ITEMS UP ABOUT 3%.ALASKA AIR GROUP - SEES FY CAPACITY UP ABOUT 3% TO 4%.ALASKA AIR GROUP INC - CAP EX FOR 2020 SUBJECT TO CHANGE PENDING MAX DELIVERIES AND ANY DECISION MADE FOR FUTURE AIRCRAFT ORDERS.ALASKA AIR GROUP INC - SEES Q1 REVENUE PER ASM UP ABOUT 0.5% - 3.5%.ALASKA AIR GROUP INC - THERE ARE CURRENTLY 10 MAX AIRCRAFT SCHEDULED FOR DELIVERY IN 2020.ALASKA AIR GROUP - SEES FY COST PER ASM EXCLUDING FUEL AND SPECIAL ITEMS UP ABOUT 2%.ALASKA AIR GROUP - SHOULD GROUNDING OF MAX AIRCRAFT FURTHER DELAY DELIVERIES BEYOND JUNE 2020, CAPACITY GROWTH MAY BE NEGATIVELY IMPACTED.

Leonardo To Buy 100% Of Kopter

Tuesday, 28 Jan 2020

Jan 28 (Reuters) - Leonardo SpA ::TO BUY 100% KOPTER GROUP AG.SIGNS DEAL WITH LYNWOOD (SCHWEIZ) TO BUY 100% OF SWISS HELICOPTER COMPANY KOPTER GROUP.PRICE OF ACQUISITION OF KOPTER GROUP IS EQUAL TO $185 MILLION PLUS EARNOUT.ACQUISITION TO BE COMPLETED IN Q1 2020.

Velocity Composites Intends To Hire New Permanent CFO In 2020

Tuesday, 28 Jan 2020

Jan 28 (Reuters) - Velocity Composites PLC ::FINAL RESULTS FOR THE YEAR ENDED 31 OCTOBER 2019.FY REVENUE STABLE AT £24.3M (FY18: £24.5M).OPERATING LOSS FOR FY19 OF £0.6M (FY18: LOSS £1.1M).INTENTION IS TO HIRE A NEW PERMANENT CHIEF FINANCIAL OFFICER IN 2020.CARRYING ADDITIONAL INVENTORY TO PROTECT CUSTOMERS FROM ANY BREXIT DISRUPTION.PRODUCTION ISSUES AROUND 737 MAX HAVE NOT IMPACTED CO IN YEAR UNDER REVIEW TO ANY SIGNIFICANT DEGREE.

S&P Says Boeing Co. 'A-' Issuer Credit Rating On CreditWatch Negative Due To Additional MAX Delays

Thursday, 23 Jan 2020

Jan 23 (Reuters) - S&P Global Ratings::S&P SAYS BOEING CO. 'A-' ISSUER CREDIT RATING ON CREDITWATCH NEGATIVE DUE TO ADDITIONAL MAX DELAYS.S&P, ON BOEING, SAYS IT AFFIRMED THE 'A-2' SHORT-TERM AND COMMERCIAL PAPER RATINGS AND DID NOT PLACE THEM ON CREDITWATCH.S&P SAYS WILL RESOLVE CREDITWATCH PLACEMENT ONCE WE HAVE MORE CLARITY AS TO WHEN BOEING WILL BE ABLE TO RESUME DELIVERIES, AMONG OTHERS.S&P, ON BOEING, SAYS CREDITWATCH PLACEMENT REFLECTS INCREASE IN COSTS, CASH OUTFLOWS WHICH WILL PUSH MATERIAL RECOVERY IN CREDIT RATIOS UNTIL 2021.S&P SAYS EXPECT BOEING'S FFO TO DECLINE BELOW 30% IN 2020 COMPARED WITH PREVIOUS EXPECTATION OF MORE THAN 60%.S&P SAYS WILL RESOLVE CREDITWATCH PLACEMENT ONCE WE HAVE MORE CLARITY ON HOW MANY AIRCRAFT BOEING CAN DELIVER/MONTH, WHEN IT WILL RESUME PRODUCTION & THE RATE.S&P SAYS EXPECT BOEING'S FFO TO RECOVER TO ABOVE 60% IN 2021.

American Airlines Group- Expects Q1 Total Revenue Per Available Seat Mile To Be Flat To Up 2 Percent Year-Over-Year

Thursday, 23 Jan 2020

Jan 23 (Reuters) - American Airlines Group Inc ::AMERICAN AIRLINES GROUP INC - EXPECTS Q1 TOTAL REVENUE PER AVAILABLE SEAT MILE (TRASM) TO BE FLAT TO UP 2 PERCENT YEAR-OVER-YEAR.AMERICAN AIRLINES GROUP INC - EXPECTS Q1 TOTAL CASM EXCLUDING FUEL, NET SPECIAL ITEMS AND NEW LABOR AGREEMENTS TO BE UP 2 TO 4 PERCENT.AMERICAN AIRLINES-EXPECT ACCOUNTING FOR SUBSTANTIALLY ALL COMPENSATION AS REDUCTION IN COST BASIS OF GROUNDED MAX AIRCRAFT,SOME FUTURE MAX DELIVERIES.AMERICAN AIRLINES GROUP - EXPECTS Q1 CAPACITY TO BE UP ABOUT 2.5 PERCENT AND FULL YEAR CAPACITY TO BE UP BETWEEN 4 TO 5 PERCENT YEAR-OVER-YEAR.AMERICAN AIRLINES - FOR 2020, EXPECTS TO INVEST $3.3 BILLION IN CAPEX, FOR 2021, TOTAL CAPEX IS EXPECTED TO BE $2.0 BILLION.AMERICAN AIRLINES - IN 2020, EXPECTS TO INCREASE THE REGIONAL FLEET COUNT BY A NET OF 12 AIRCRAFT.AMERICAN AIRLINES - IN 2020, EXPECTS TO TAKE DELIVERY OF 53 MAINLINE AIRCRAFT.AMERICAN AIRLINES GROUP - IN 2020 EXPECTS TO RETIRE 31 MAINLINE AIRCRAFT, INCLUDING 11 B763 AIRCRAFT AND 20 E190 AIRCRAFT.AMERICAN AIRLINES GROUP INC - AMERICAN AIRLINES FLEET CURRENTLY INCLUDES 24 BOEING 737 MAX 8 AIRCRAFT WITH AN ADDITIONAL 76 AIRCRAFT ON ORDER.AMERICAN AIRLINES - SEES FY TOTAL ASM 296.5 BILLION - 299.3 BILLION.AMERICAN AIRLINES - SEES FY TOTAL CASM 14.74 CENTS - 15.02 CENTS.AMERICAN AIRLINES - SEES FY TOTAL CASM EXCLUDING FUEL AND NET SPECIAL ITEMS (NON-GAAP) OF 11.46 CENTS - 11.69 CENTS.

American Airlines Expects 737 Max Return In Late Summer, Early Fall - Conf Call

Thursday, 23 Jan 2020

Jan 23 (Reuters) - American Airlines Group Inc ::AMERICAN AIRLINES CEO - "THE FINANCIAL COST OF THE MAX GROUNDING SHOULD BE BORNE BY BOEING SHAREHOLDERS NOT AMERICANS" - CONF CALL.AMERICAN AIRLINES CEO SAYS EXPECTS TO GROW CO'S NETWORK BY ABOUT 4% TO 5% IN 2020 - CONF CALL.AMERICAN AIRLINES CEO SAYS CO'S CAPACITY GROWTH IN 2020 WILL BE LOWER THAN 4% TO 5% UNTIL THE MAX RETURNS.AMERICAN AIRLINES PRESIDENT SAYS BY 2020 END CO PLANNED TO TAKE DELIVERY OF ADDITIONAL 26 MAX JETS.AMERICAN AIRLINES CFO - "ON THE CARGO FRONT, TRADE CONCERNS AND MACRO WEAKNESS OUTSIDE THE UNITED STATES CONTINUED TO WEIGH ON BOTH CARGO VOLUMES AND YIELDS".AMERICAN AIRLINES CFO SAYS WITH THE MAX GROUNDING, CO CURRENTLY PROJECTS 2020 EARNINGS TO BE NEGATIVELY AFFECTED BY SUBSTANTIALLY THE SAME AMOUNT AS ITS 2019 EARNINGS.AMERICAN AIRLINES CFO SAYS EXPECTS BOEING TO COMPENSATE CO FOR 2020 LOSSES DUE TO THE MAX GROUNDING; SAYS COMPENSATION IS NOT INCLUDED IN ANY OF CO'S GUIDANCE.AMERICAN AIRLINES CFO SAYS EXPECTS 2020 CASM GROWTH EXCLUDING ITEMS TO BE UP ABOUT 1%.AMERICAN AIRLINES CFO SEES Q1 CASM UP 2% TO 4%.AMERICAN AIRLINES CFO - "LOOKING FORWARD, DESPITE THE GEOPOLITICAL HEADLINES, WE CONTINUE TO SEE NO SIGNS OF MACRO SOFTNESS IN OUR FORWARD BOOKINGS".AMERICAN AIRLINES SEES Q1 TRASM TO BE FLAT TO UP 2%.AMERICAN AIRLINES CFO SAYS CO'S TOTAL PROJECTED CAPITAL EXPENDITURES FOR 2020 IS EXPECTED TO BE $3.3 BILLION.

Indian Airline GoAir To Temporarily Suspend Flights

Thursday, 23 Jan 2020

Jan 23 (Reuters) - GoAir::INDIAN AIRLINE GOAIR SAYS FORCED TO TEMPORARILY SUSPEND CERTAIN FLIGHTS THAT PART OF ITS NETWORK, SCHEDULE AND OPEN FOR SALE.INDIAN AIRLINE GOAIR SAYS INFORMED BY AIRBUS AND PRATT & WHITNEY OF INABILITY TO DELIVER PREVIOUSLY PROMISED AIRCRAFT AND ENGINES THROUGH 9 MARCH.INDIAN AIRLINE GOAIR SAYS EXPECT – WITH THE SUPPORT OF AIRBUS AND PRATT & WHITNEY – TO REINSTATE FLIGHTS AND OPERATE AT THE EARLIEST OPPORTUNITY.INDIAN AIRLINE GOAIR SAYS REMAINS ON TRACK TO RECEIVE 12-15 AIRCRAFT EACH YEAR THROUGH THE END OF 2025 IN SUPPORT OF PLANNED GROWTH.

Jetblue Airways Corp Sees FY 2020 Capex $1.35-$1.55 Billion - SEC Filing

Thursday, 23 Jan 2020

Jan 23 (Reuters) - JetBlue Airways Corp ::JETBLUE AIRWAYS CORP SEES FY 2020 CAPEX $1.35 - $1.55 BILLION - SEC FILING.JETBLUE AIRWAYS CORP - MANAGING A321NEO DELAYS; EXPECT A MAXIMUM OF 11 DELIVERIES, AND ONE A220 DELIVERY IN 2020.

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