Rockwell Collins profit up, shares off on outlook

(Reuters) - NEW YORK, July 26 - Rockwell Collins Inc. said on Thursday that quarterly profit rose a greater-than-expected 21 percent, helped by strong sales of its high-tech aerospace systems.



The company, which makes cockpit electronics and other plane parts for Boeing Co. and Airbus , also said full-year profit would probably be at the top end of its previous forecast as the global boom in aircraft production continues.


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Precision Castparts profit rises on acquisitions

(Reuters) - NEW YORK, July 24 - Precision Castparts Corp. said on Monday quarterly profit nearly doubled, boosted by acquisitions and strong demand for its metal aerospace and industrial components.



The company, which makes engine parts and fasteners for planemakers Boeing Co. and the Airbus unit of EADS , reported a profit of $226.4 million, or $1.62 per share, for its fiscal first quarter. That compared with $115.1 million, or 84 cents per share, in the year-earlier quarter.


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JetBlue reports stronger profit, will slow growth

(Reuters) - JetBlue reported net income of $21 million, or 11 cents per share, compared with $14 million, or 8 cents a share, in the year-ago period. Revenue rose 19.4 percent to $739 million.



The company also said it would further slow growth by deferring delivery of 16 Embraer 190 regional jet aircraft and selling three Airbus A320s.


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Airbus German workers set terms for plant sales

(Reuters) - HAMBURG, Germany, July 11 - The German works council of aerospace group EADS unit Airbus will not oppose the sale of Airbus factories in Germany under some conditions, works council head Ruediger Luetjen said.



The workforce would go along with such divestments if a buyer agrees to maintain the plants for the long term and honours current wage agreements, he told a news conference on Wednesday.


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GE Shares Rise the Most in Three Years Following Upbeat Paris Airshow

(Bloomberg) -- General Electric Co. shares surged
the most since January 2004 amid expectations that profit from
selling commercial jet engines will increase because of plane
orders announced this week at the Paris Air Show.

Airbus SAS, the world's largest commercial-aircraft maker,
yesterday won $42.6 billion in contracts. Boeing Co., Airbus's
nearest rival, today announced an $8.8 billion order from
International Lease Finance Corp. GE is the world's largest
maker of jet engines.


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AIRSHOW-EADS seeks to prove itself as a "normal company"

(Reuters) - The call from French and German executives came on the eve
of the Paris Air Show, where French President Nicolas Sarkozy is
expected to set out his vision for European aerospace amid
doubts over the future of a sensitive EADS shareholder pact.




EADS has been plagued by disagreements between French and
German shareholders, politicians and staff over output delays at
Airbus, which contributed to 10,000 job cuts and slowed down
Europe's largest industrial project, the A380 superjumbo.


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Kingfisher Plans $3.6 Billion Airbus Order, Including A380s, People Say

(Bloomberg) -- Kingfisher Airlines Ltd., the only
Indian customer for the Airbus SAS A380, plans to order five
more of the superjumbos this month, becoming the latest airline
to increase orders for the delayed aircraft, two people with
direct knowledge of the matter said.

The carrier also plans to order five A340-600s and five
A350s at this month's Paris Air Show, the people said. The
entire order is worth about $3.6 billion based on list prices.


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