Aurigny aircraft damaged after 'tail strike'
An Aurigny aircraft has been taken out of service following a "tail strike", a spokesperson for the airline has said.
They added the airline's engineering team and partners were examining the aircraft G-PEMB to assess damage sustained when the tail of the plane hit the runway on 15 April, and determine the timeline for its safe return to service.
The spokesperson said Aurigny would be "implementing additional aircraft resilience measures" through leasing after the incident.
They added: "We remain committed to maintaining a reliable and safe service for our customers."
Last week, an Aurigny spokesperson said: "We can confirm that there was a harder than normal landing in the gusty weather conditions as one of our flights arrived at Guernsey Airport yesterday [15 April]."
The airline said no one was injured.
Aircraft G-PEMB joined the Aurigny fleet in July after the airline had previously sold its only jet.
Follow BBC Guernsey on X and Facebook. Send your story ideas to channel.islands@bbc.co.uk.
Plane delivered as Aurigny simplifies fleet
Aurigny plans to improve performance after delays
Aurigny

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
Top Stock Movers Now: Tesla, Lululemon, Docusign, and More
U.S. equities jumped at midday as the U.S. economy added more jobs in May than expected. Tesla shares rebounded from yesterday's big selloff as CEO Elon Musk and President Donald Trump seem to be pulling back on their war of words that rattled investors. Lululemon Athletica and G-III Apparel Group both warned tariffs will drag down earnings.U.S. equities were higher at midday when the Labor Department reported May job creation was better than anticipated. The Dow Jones Industrial Average, S&P 500, and Nasdaq all rose. Tesla (TSLA) was the best-performing stock in the S&P 500 as the feud between CEO Elon Musk and President Donald Trump that sent the stock reeling yesterday appeared to ease. Shares of Coinbase Global (COIN) and Robinhood Markets (HOOD) rose as the entire cryptocurrency industry got a boost from continued enthusiasm for USDC stablecoin issuer Circle Internet Group (CRCL), which again saw shares soar after skyrocketing nearly 170% in their trading debut yesterday. Shares of oil producers, including Chevron (CVX) and Exxon Mobil (XOM), were up on optimism of a trade deal between the U.S. and China. Lululemon Athletica (LULU) shares plunged when the athletic clothing maker slashed its guidance, warning tariffs would hurt profits. Another apparel company, DKNY owner G-III Apparel Group (GIII), also said tariffs would cut into earnings, and withdrew its outlook, sending shares down. Docusign (DOCU) shares tumbled after the e-signature software maker reported lower-than-expected billings, and cut its full-year billings forecast because of its moves to shift to an artificial intelligence (AI) model. Oil futures advanced. Gold prices fell. The yield on the 10-year Treasury note was higher. The U.S. dollar gained on the euro, pound, and yen. Most major cryptocurrencies were higher. Read the original article on Investopedia Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 hours ago
- Yahoo
G-III Apparel Group (GIII) Surpasses Q1 Earnings and Revenue Estimates
G-III Apparel Group (GIII) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.12 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 58.33%. A quarter ago, it was expected that this clothing and accessories maker would post earnings of $0.97 per share when it actually produced earnings of $1.27, delivering a surprise of 30.93%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. G-III Apparel , which belongs to the Zacks Textile - Apparel industry, posted revenues of $583.61 million for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 0.59%. This compares to year-ago revenues of $609.75 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. G-III Apparel shares have lost about 15.2% since the beginning of the year versus the S&P 500's gain of 1%. While G-III Apparel has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for G-III Apparel: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.54 on $620.3 million in revenues for the coming quarter and $4.22 on $3.14 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Textile - Apparel is currently in the bottom 25% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Oxford Industries (OXM), is yet to report results for the quarter ended April 2025. The results are expected to be released on June 11. This owner of the Tommy Bahama, Lilly Pulitzer and Southern Tide clothing lines is expected to post quarterly earnings of $1.82 per share in its upcoming report, which represents a year-over-year change of -31.6%. The consensus EPS estimate for the quarter has been revised 2% lower over the last 30 days to the current level. Oxford Industries' revenues are expected to be $385.23 million, down 3.3% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report G-III Apparel Group, LTD. (GIII) : Free Stock Analysis Report Oxford Industries, Inc. (OXM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
6 hours ago
- Yahoo
G-III (NASDAQ:GIII) Exceeds Q1 Expectations, Full-Year Outlook Slightly Exceeds Expectations
Fashion conglomerate G-III (NASDAQ:GIII) reported Q1 CY2025 results beating Wall Street's revenue expectations , but sales fell by 4.3% year on year to $583.6 million. Revenue guidance for the full year exceeded analysts' estimates, but next quarter's guidance of $570 million was less impressive, coming in 8.2% below expectations. Its non-GAAP profit of $0.19 per share was 51.1% above analysts' consensus estimates. Is now the time to buy G-III? Find out in our full research report. Revenue: $583.6 million vs analyst estimates of $580.3 million (4.3% year-on-year decline, 0.6% beat) Adjusted EPS: $0.19 vs analyst estimates of $0.13 (51.1% beat) Adjusted EBITDA: $19.49 million vs analyst estimates of $19.95 million (3.3% margin, 2.3% miss) The company reconfirmed its revenue guidance for the full year of $3.14 billion at the midpoint Adjusted EPS guidance for Q2 CY2025 is $0.07 at the midpoint, below analyst estimates of $0.48 Operating Margin: 1.5%, in line with the same quarter last year Market Capitalization: $1.20 billion Morris Goldfarb, G-III's Chairman and Chief Executive Officer, said, 'G-III delivered solid first quarter results, marked by earnings that exceeded the high end of guidance. Our performance was fueled by double-digit growth of our key owned brands, DKNY, Karl Lagerfeld and Donna Karan, which largely offset the exit of the Calvin Klein jeans and sportswear businesses. These results underscore the strong demand and desirability of our brand portfolio and are a testament to our team's outstanding execution.' Founded as a small leather goods business, G-III (NASDAQ:GIII) is a fashion and apparel conglomerate with a diverse portfolio of brands. A company's long-term performance is an indicator of its overall quality. Any business can have short-term success, but a top-tier one grows for years. Regrettably, G-III's sales grew at a weak 1.5% compounded annual growth rate over the last five years. This was below our standards and is a poor baseline for our analysis. Long-term growth is the most important, but within consumer discretionary, product cycles are short and revenue can be hit-driven due to rapidly changing trends and consumer preferences. G-III's recent performance shows its demand has slowed as its revenue was flat over the last two years. This quarter, G-III's revenue fell by 4.3% year on year to $583.6 million but beat Wall Street's estimates by 0.6%. Company management is currently guiding for a 11.6% year-on-year decline in sales next quarter. Looking further ahead, sell-side analysts expect revenue to decline by 1.6% over the next 12 months, a slight deceleration versus the last two years. This projection doesn't excite us and indicates its products and services will face some demand challenges. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. G-III's operating margin might fluctuated slightly over the last 12 months but has remained more or less the same, averaging 9.1% over the last two years. This profitability was mediocre for a consumer discretionary business and caused by its suboptimal cost structure. This quarter, G-III generated an operating margin profit margin of 1.5%, in line with the same quarter last year. This indicates the company's overall cost structure has been relatively stable. Revenue trends explain a company's historical growth, but the long-term change in earnings per share (EPS) points to the profitability of that growth – for example, a company could inflate its sales through excessive spending on advertising and promotions. G-III's EPS grew at a solid 15.5% compounded annual growth rate over the last five years, higher than its 1.5% annualized revenue growth. This tells us the company became more profitable on a per-share basis as it expanded. In Q1, G-III reported EPS at $0.19, up from $0.12 in the same quarter last year. This print easily cleared analysts' estimates, and shareholders should be content with the results. Over the next 12 months, Wall Street expects G-III's full-year EPS of $4.57 to shrink by 16.1%. We were impressed by how significantly G-III blew past analysts' EPS expectations this quarter. We were also glad its full-year revenue guidance slightly exceeded Wall Street's estimates. On the other hand, its EPS guidance for next quarter and its EBITDA missed. Overall, this quarter was mixed. The stock remained flat at $27.80 immediately after reporting. So do we think G-III is an attractive buy at the current price? What happened in the latest quarter matters, but not as much as longer-term business quality and valuation, when deciding whether to invest in this stock. We cover that in our actionable full research report which you can read here, it's free. Sign in to access your portfolio