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Premier Air Charter, Inc. Announces The Appointment of Vincent Monteparte as Chairman of the Board of Directors
Globenewswire· 2025-06-24 12:30
Regarding his appointment as Chairman of the Board, Mr. Monteparte commented: "I'm honored to join Premier Air Charter as Chairman of the Board. The company is uniquely positioned in a high-growth market, and I look forward to working closely with the leadership team to accelerate innovation, drive operational excellence, and unlock long-term value for our shareholders and customers. About Premier Air Charter Vincent Monteparte Named Premier's Chairman of the Board of Directors CARLSBAD, Calif., June 24, 20 ...
Diana Shipping Inc. Announces Time Charter Contracts for m/v Philadelphia With Refined Success and m/v Phaidra With SwissMarine
Globenewswire· 2025-05-27 13:00
ATHENS, Greece, May 27, 2025 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that through a separate wholly-owned subsidiary, it has entered into a time charter contract with Refined Success Limited, for one of its Newcastlemax dry bulk vessels, the m/v Philadelphia. The gross charter rate is US$21,500 per day, minus a 5.00% commission paid to third parties, for a period ...
KNOT Offshore Partners LP(KNOP) - 2025 Q1 - Earnings Call Transcript
2025-05-21 14:32
KNOT Offshore Partners (KNOP) Q1 2025 Earnings Call May 21, 2025 09:30 AM ET Company Participants Derek Lowe - CEO & CFOLiam Burke - Managing DirectorJames Altschul - PresidentPavel Oliva - Managing Partner & FounderMario Epelbaum - Portfolio Manager-PartnerCliment Molins - Head of Shipping Research Conference Call Participants None - Analyst Operator Hello, and welcome, everyone, to the KNOT First Quarter twenty twenty five Earnings Call. My name is Maxine, and I'll be coordinating the call today. I will n ...
Costamare Inc. Sets the Date for Its First Quarter 2025 Results Release, Conference Call and Webcast
Globenewswire· 2025-05-06 18:43
Earnings Release: Thursday, May 8, 2025, Before Market OpensConference Call and Webcast: Thursday, May 8, 2025, at 8:30 a.m. ET MONACO, May 06, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE) (the “Company”), announced today that it will release its results for the first quarter ended March 31, 2025 before the market opens in New York on May 8, 2025. Conference Call Details: On Thursday, May 8, 2025 at 8:30 a.m. ET, Costamare’s management team will hold a conference call to discuss the financial result ...
Global Ship Lease Announces First Quarter 2025 Earnings Release, Conference Call and Webcast
Globenewswire· 2025-05-05 20:15
ATHENS, Greece, May 05, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that it will hold a conference call to discuss the Company’s results for the first quarter 2025 on Monday, May 19, 2025 at 10:30 a.m. Eastern Time. The Company will issue financial results for the first quarter 2025 on Monday, May 19, 2025 before the open of market trading. What:First Quarter 2025 Conference Call and Webcast When:Monday, May 19, 2025 at 10:30 a ...
Sun ntry Airlines (SNCY) - 2025 Q1 - Earnings Call Transcript
2025-05-02 13:32
Sun Country Airlines (SNCY) Q1 2025 Earnings Call May 02, 2025 08:30 AM ET Company Participants Chris Allen - Director, IRJude Bricker - CEO & DirectorBill Trousdale - SVP, Interim CFO & Principal Financial and Accounting OfficerDuane Pfennigwerth - Senior MDMichael Linenberg - Managing DirectorTom Fitzgerald - VP - Equity ResearchCatherine O'Brien - Vice PresidentGrant Whitney - SVP & Chief Revenue OfficerJames Kirby - Vice PresidentRyan Capozzi - Senior Associate Conference Call Participants Brandon Oglen ...
Sun ntry Airlines (SNCY) - 2025 Q1 - Earnings Call Transcript
2025-05-02 13:32
Sun Country Airlines (SNCY) Q1 2025 Earnings Call May 02, 2025 08:30 AM ET Company Participants Chris Allen - Director, IRJude Bricker - CEO & DirectorBill Trousdale - SVP, Interim CFO & Principal Financial and Accounting OfficerDuane Pfennigwerth - Senior MDMichael Linenberg - Managing DirectorTom Fitzgerald - VP - Equity ResearchCatherine O'Brien - Vice PresidentGrant Whitney - SVP & Chief Revenue OfficerJames Kirby - Vice PresidentRyan Capozzi - Senior Associate Conference Call Participants Brandon Oglen ...
Sun ntry Airlines (SNCY) - 2025 Q1 - Earnings Call Transcript
2025-05-02 12:30
Sun Country Airlines (SNCY) Q1 2025 Earnings Call May 02, 2025 08:30 AM ET Speaker0 and welcome to the Sun Country Airlines First Quarter twenty twenty five Earnings Call. My name is Carmen, and I will be your operator for today's call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Please be advised that today's conference is being recorded. I will now turn the call over to Chris Allen, Director of Investor Relations. ...
Sun Country Airlines Reports First Quarter 2025 Results
Globenewswire· 2025-05-01 20:10
Financial Performance - Sun Country Airlines reported total revenue of $327 million for Q1 2025, marking a 4.9% increase compared to Q1 2024 [3][7] - The company achieved GAAP diluted EPS of $0.66 and adjusted diluted EPS of $0.72, reflecting a year-over-year increase of 3.1% and 9.1% respectively [3][39] - GAAP operating income was $56 million with a margin of 17.2%, while adjusted operating income reached $60 million with a margin of 18.3% [3][4] Business Segments - Growth in charter and cargo businesses helped offset lower scheduled service revenue, demonstrating the effectiveness of the company's diversified business model [2][4] - Charter service revenue increased by 15.6% year-over-year to $55 million, while cargo revenue rose by 17.6% to $28 million [7][8] Cost and Expenses - Total GAAP operating expenses increased by 5.5% year-over-year, primarily due to a 5.8% rise in total block hours [9] - Significant non-fuel expenses included a 12.9% increase in salaries, driven by an increase in pilot headcount and wage scale adjustments [9] Capacity and Operations - System block hours flown grew by 5.8% year-over-year, with a 6.7% increase in scheduled service ASMs and a 10.7% increase in charter block hours [6] - Scheduled service TRASM decreased by 4.7% year-over-year, while the total fare per scheduled passenger increased by 1.0% [7][27] Liquidity and Financial Position - Total liquidity as of March 31, 2025, was $227 million, with net debt at $447 million [12][28] - The company completed a secondary public offering and entered into a four-year $75 million revolving credit facility [11][12] Future Outlook - For Q2 2025, the company expects total revenue between $250 million and $260 million, with an operating income margin projected between 4% and 7% [15]
Costamare Inc. Announces Plans for Costamare Bulkers Holdings Limited Spin-Off
Newsfilter· 2025-04-17 12:00
Core Viewpoint - Costamare Inc. has announced the spin-off of its dry bulk business into a new entity, Costamare Bulkers Holdings Limited, with the transaction expected to be completed on May 6, 2025 [1][4][6]. Spin-off Details - The spin-off will be executed through a pro rata distribution, where shareholders of Costamare Inc. will receive one share of Costamare Bulkers for every five shares of Costamare Inc. they hold as of the record date, April 29, 2025 [5][6]. - The timeline for the spin-off includes several key dates: - April 29, 2025: Record date and start of "due-bill" trading for Costamare Inc. shares - May 1, 2025: Start of "when-issued" trading for Costamare Bulkers shares and "ex-distribution" trading for Costamare Inc. shares - May 6, 2025: Distribution of Costamare Bulkers shares and end of "due-bill," "when-issued," and "ex-distribution" trading - May 7, 2025: Regular trading of Costamare Bulkers shares begins [3][4][5]. Company Profiles - Costamare Bulkers Holdings Limited will operate as an international owner and operator of dry bulk vessels, with a fleet of 38 vessels totaling approximately 3,017,000 deadweight tons (dwt) [7]. - Costamare Inc. is a leading owner and provider of containerships, with a fleet of 68 owned containerships and a total capacity of approximately 513,000 twenty-foot equivalent units (TEU) [8].