Business: Good week - Bad week

   
10:30 14 Mar 2011 
Source:
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Good week

menzies aviation, rex features
 © Rex Features
MENZIES AVIATION The UK ground-handling specialist was one of the few aviation companies to benefit from the heavy snowfall that caused London Heathrow to grind to a halt in December. The John Menzies division says the wintry weather brought "very strong" income from providing de-icing services for aircraft, and was a factor behind a 56% increase in the company's 2010 underlying operating profit to £24.6 million ($39.7 million).


Bad week

armavia a319, airteamimages.com
 © AirTeamImages.com
ARMAVIA International Lease Finance took time out from plotting mega-orders of new narrowbodies to reclaim one it already owns from Armavia, seizing a 2009-vintage Airbus A319 that Flightglobal's ACAS database says was on lease to the Armenian operator for a term running until 2018. Armavia also leases A320-family aircraft from CIT Group (two A319s and two A320s) and AWAS (an A320), and has two Sukhoi Superjet 100s on order, with two options.

 

 

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