Good Week

Good Week - Bell Helicopter
 © Bell Helicopter
BELL HELICOPTER Textron's rotorcraft segment hit much turbulence in 2008 when soaring costs forced the US Army to cancel its Armed Reconnaissance Helicopter. But Bell still notched up 93% profit growth to $278 million for the year - including 74% growth in the fourth quarter - as revenue grew 9.5% to $2.8 billion. Higher revenues from the V-22 Osprey tiltrotor programme offset lost ARH revenue and lower commercial helicopter income.

 

Bad Week

Bad week - Delta Airlines 
 © Delta Airlines
DELTA AIR LINES The carrier lost an eye-watering $8.9 billion in 2008, including three months' results from Northwest after their October merger. Operating revenues grew from $19.1 billion to $22.7 billion as expenses jumped from $18 billion to $31 billion. Fourth quarter losses ballooned to $1.4 billion, from $70 million last year, including $91 million lost on fuel hedging contracts. Chief executive Richard Anderson says Delta will be "solidly profitable" in 2009.

Source: Flight International

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