{"id":87306,"date":"2010-03-16T17:44:54","date_gmt":"2010-03-16T09:44:54","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/favorable-foreign-exchange-rate-boosts-loral-in-2009\/"},"modified":"2010-03-16T17:44:54","modified_gmt":"2010-03-16T09:44:54","slug":"favorable-foreign-exchange-rate-boosts-loral-in-2009","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/favorable-foreign-exchange-rate-boosts-loral-in-2009\/","title":{"rendered":"Favorable Foreign Exchange Rate Boosts Loral in 2009"},"content":{"rendered":"<p class=\"MsoNormal\">[03-16-10] <b>Loral Space &amp; Communications<\/b> reported total 2009 year-end revenues at $993 million, a $124 million increase from its performance in 2008, the company announced in its fourth quarter 2009 financial results, released March 15.<br \/>\n&nbsp;&nbsp; &nbsp;Loral earned a net income of $232 million, compared to a net loss of $693 million in 2008. The company said its net income for 2009 benefited from changes in foreign exchange rates, principally related to <b>Telesat<\/b> debt, which contributed to Loral\u2019s net losses in 2008, along with non-cash impairment charges at both <b>Space Systems\/Loral<\/b> (SS\/L) and Telesat. <br \/>\n&nbsp;&nbsp; &nbsp;Space Systems\/Loral increased its EBITDA by 25 percent compared to 2008 and booked seven satellite orders.&nbsp;<\/p>\n<p><!--EndFragment--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[03-16-10] Loral Space &amp; Communications reported total 2009 year-end revenues at $993 million, a $124 million increase from its performance in 2008, the company announced in its fourth quarter 2009 financial results, released March 15. &nbsp;&nbsp; &nbsp;Loral earned a net income of $232 million, compared to a net loss of $693 million in 2008. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-87306","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/87306"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=87306"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/87306\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=87306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=87306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=87306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}