Airlines

Aviation News: Citilink Indonesia

Indonesia’s Citilink to buy 11 planes this year Citilink, the low-cast subsidiary of Indonesia’s leading carrier PT Garuda Indonesia, will add 11 planes this year, President Director of Garuda Emirsyah Satar said Wednesday. “Eleven new planes will arrive this year to support our business,” the president director said at the Citikon building. “In Y 2013, [...]

Real Estate: HCM Global Hotel Outlook 2012

HCM Heffernan Capital Management in conjunction with Knightsbridge Law Co Ltd www.knightsbridgelaw.com Buy, Sell, Fund, and Manage Hotels with a focus on the Emerging Markets of Asia, other subsidiaries XEDV and Kris Newswireprovides Marketing Partner Service for Real Estate and Hotels . This report sets out the developing trends in Hotel Real Estate and [...]

Choice Hotels International, Inc., (NYSE: CHH) Earnings Improve

Choice Hotels International, Inc., (NYSE: CHH) today reported the following highlights for fourth quarter and full year 2011: Full Year Results Adjusted diluted earnings per share (“EPS”) for full year 2011 were $1.92 compared to $1.82 for full year 2010. Diluted EPS were $1.85 for 2011 compared to $1.80 for 2010. Adjusted diluted EPS for [...]

Read More » No comment February 20, 2012

Aircastle Limited NYSE:AYR Upgraded

Aircastle Limited (NYSE: AYR) has been upgraded by Heffernan Capital Management with a 2013 price target of $20. Shayne Heffernan said in a note to traders today that Aircastle Limited (NYSE: AYR) low valuation and consistant dividend make it a strong buy. Aircastle Limited (NYSE: AYR) (“Aircastle”) announced today that its Board of Directors declared [...]

Read More » No comment February 18, 2012

Airbus A380 Problems Continue

Singapore Airlines says wing cracks found in 6 Airbus A380 Singapore Airlines confirmed Tuesday that cracks have been discovered in the wing brackets of 6 Airbus A380 aircraft following mandatory checks. The airline said that checks have been carried out on the 6 aircraft since 20 January. The inspections are mandated by the European Aviation [...]

Read More » No comment February 1, 2012

A380 Should be Grounded

A380 Should be Grounded European safety authorities ordered urgent inspections on just under a third of the superjumbo fleet last week after two types of cracks were discovered on a bracket inside the wings of the world’s largest jetliner. Cracks have been found inside the 9,100-square-foot wing of at least one of the superjumbos examined [...]

Read More » No comment January 24, 2012

US airline traffic down 1.5% in October

US airline traffic down 1.5% in October US airline system traffic lost its momentum in October that was seen in the previous month, according to the preliminary data released by US Transportation Department Wednesday. US airlines carried 61.2-M scheduled domestic and international passengers in total in October, down 1.5% from the same period of Y [...]

Read More » No comment January 20, 2012

LAN-TAM Merger

Chile-Brazil airline merger to be completed in Y 2012 The head of Chile’s airline group LAN said Thursday his company’s merger with Brazilian airline TAM will be completed in Q-1 of Y 2012 after some “minor formalities” of the deal are solved. “We are in agreement,” LAN Chairman Ignacio Cueto said. Once completed, the merger [...]

Read More » No comment September 24, 2011

Airlines to See Strong 2011, HKG:0293, SIN:C6L, NYSE:CEA

Cathay Pacific Airways Limited, HKG:0293, Singapore Airlines Ltd., SIN:C6L, China Eastern Airlines Corp. Ltd. (ADR), NYSE:CEA, are Airlines that are trading at discounted valuations but are active in high traffic markets. World airlines are expected to post a net profit of US$6.9 billion this year as stronger passenger numbers offset the impact of the weak [...]

Read More » No comment September 21, 2011

Tiger Airways a Winner

Shayne Heffernan Strong Buy on Tiger Airways paid early dividends for followers as the company today said its third quarter net profit rose by 60.3 per cent year-on-year due to higher average passenger fares and strict cost management. The results are a slap in the face to Tony Fernnandez’s of AirAsia, just months ago Mr [...]

Read More » No comment January 28, 2011

Investor Services

Private Equity Takes a Hit in Q1 2012

Most private-equity and hedge funds typically take 20 percent of investment gains as carried interest, on top of 2 percent of assets as a management fee to …