Finance and economy
3,201 news found
AirlinesTourism explodes in Italy
Almost 2 million air passengers in June
Italy predicts a boom in air passengers in "Summer 2023". In fact, with the end of the toughest restrictions on international air travel, it has spread as a sort of "tourism revenge", that is the uncontrollable... more
AirportsIsrael: Haifa airport reopens after 4 years
The stopover returns to serve the Greek islands and Cyprus, its main destinations
Israel's Haifa airport reopens after a four-year hiatus. Air connections resumed in the past few hours, thanks to the Maltese company Universal Air, which has operated three direct flights to Cyprus: two... more
DefenseUnited States: Biden meets Modi
Among the dossiers are the defense industry, trade and war in Ukraine
Indian Prime Minister Narendra Modi arrived in Washington in the past few hours. The President of the United States, Joe Biden, welcomed him on his official visit. The two communicated their intention... more
DefenseGeneral Electric will build engines in India
Agreement for possible joint production of propellers in Asia
The aerospace division of the US group General Electric announced today that it has signed an agreement with the Indian State-owned Hindustan Aeronautics Limited (HAL), which specializes in aircraft construction,... more
AirlinesTap Portugal privatization: the crux of the negotiation
Costa: "The goal in itself is not to maximize revenue from the sale"
The government of Portugal, led by Prime Minister Antonio Costa, ensured in the past few hours that the privatization procedure of the national airline Transportes Aéreos Portugueses (Tap) Portugal will... more
DefenseUK could build Black Hawk helicopters
British "New Medium Helicopter" program seeks up to 44 military aircraft
The US company Sikorsky (Lockheed Martin Group) could build military Black Hawk helicopters in the UK, including those for the export market. The American company is in fact participating the call for... more
AirlinesGlobal airlines towards 100% pre-covid
In 2024 achievement of operational capacity registered pre-pandemic
The main global airlines estimate the achievement of the operational capacity recorded in the pre-pandemic era only in 2024. The most optimistic believe that next year the volume of passengers transported... more
Civil aviationChinese airlines bets on European avionics
Agreement on the supply of systems for a new fleet of 96 A-320neos
The Chinese air carrier China Southern Airlines has selected the European group Thales, for the supply of avionics systems that will equip its new fleet made up of 96 A-320neo. The agreement is actually... more
AirlinesATR announces 22 aircraft orders
The announcement at the "Paris Air Show"
The turboprop aircraft manufacturer Avions de Transport Régional (ATR), a joint-venture between Airbus and Leonardo specializing in the construction of turboprop aircraft for regional flight, announced... more
Civil aviation"Le Bourget": Stellantis bets on eVtol
A production center for 650 aircraft a year will be built in the USA
The "Midnight" vertical take-off and landing (eVtol, Electric Vertical Take-Off and Landing) aircraft, developed and built by the US company Archer Aviation in collaboration with the Stellantis automotive... more
Airlines"Paris Air Show": evolutions by aircraft in the skies
The shows of planes, drones and helicopters of the first day - VIDEO
Thrilling shows in the skies over Paris-Le Bourget airport. It's the gist of the first day of the 54th edition of the "Paris Air Show 2023" held at the French capital's airport from 19 to 25 June 2023.... more
AirlinesITA Airways: some people are leaving
Nicolò Mardegan is abandoning Communications at a awkward moment
The current Chief of Communications and Director of Institutional Affairs of the national air carrier ITA Airways, Nicolò Mardegan, will leave the company to take up a new position in the state-owned... more
AirlinesAir strike underway in Italy
24-hour mobilization
Today is the day of a 24-hour national strike in the Italian air transport sector. Down tools due to pay dispute by the employees of the airport handling services companies, the personnel of the air carriers,... more
Civil aviationPlane orders doubled
It emerges from the Boeing company's "Commercial Market outlook 2023"
Over the next 20 years, demand for new aircraft will double to 42,595 new units. It is more than expected last year (41,170 aircraft): half will replace about 21,000 current aircraft in service. The remainder... more
AirlinesUSA: Summer at risk for air transport
Obsolete computers, shortage of pilots and air traffic controllers: inconveniences are feared
Passenger demand for air travel in the Summer 2023 season will reach an all-time high. The US aviation sector says it is ready for a record summer. However, experts fear that things could go wrong and... more
DefenseUkrainian conflict: Kiev pilots on F-16 planes
The training haven't got into the thick of things
The supplying of General Dynamics F-16 "Fighting Falcon" fighter aircraft to Kiev is becoming more pressing. The first go-ahead came at the G7 summit in Hiroshima (May 19-21) from the President of the... more
Civil aviationLeonardo: the names of Cingolani architecture
Mariani took the Tempest project, supermanaged by Carlo Gualdaroni
The Leonardo Group -which operates in the aerospace, defense and security sectors- has presented the new corporate organization chart. The management team has been reduced to 8 reports from the managing... more
AirportsPlanes and helicopters. The "Paris-Le Bourget 2023" airshow (June 19-25) gets underway
Lots of news starring the eVtol
The "Paris Aerospace Show", held at Le Bourget airport, is back after four years. The 54th edition will be held from 19 to 25 June 2023. The first four days are dedicated only to industry representatives... more
DefenseGermany: agreement with Israel on military helicopters
Electronic warfare systems for CH‑53 will be provided
The Israeli company Elbit Systems, specialized in defense technologies, will equip the Sikorsky CH-53 Sea Stallion GS/GE military transport helicopters of the German Air Force with self-protection systems... more
DefenseSyria: America sent F-22 planes
Washington's goal is to counter the actions of Russian military aircraft
The leaders of the United States Central Command (Centcom) would have transferred Lockheed Martin F-22 Raptor fighter jets to the Middle East this week. The goal of the US military would be to counter... more
Civil aviationIreland: legal battle over SaR services
Appeal to the judges by a company that has lost the contract
The American company CHC Helicopter, a global provider of helicopter services (medical transport, off-shore, firefighting) has launched a court case against the Irish government due to the loss of the... more
Finance and economyIndia looks to US armed drones
Theme at the center of the Biden-Modi meeting which will take place in the USA
The New Delhi government is apparently considering the purchase of dozens of US-made armed drones. These are probably MQ-9B "SeaGuardian" made by the General Atomics company. For now, these are rumors,... more
AirlinesAirbus raises forecasts for aircraft deliveries
The global fleet will double to 46,560 airplanes in 2042
The European group Airbus, specialized in the aerospace and defense sectors, announced in these hours that the estimate on the volume of aircraft deliveries has risen over the next 20 years. The latest... more
AirlinesAir India suspends some pilots
Accused of violating rules inside the cockpit
Air India has suspended two of its pilots for a safety violation while in the cockpit. The episodes, which date back to a few months ago, concern the invitation of an unauthorized person inside the cockpit... more
AirlinesBerlin Airport strengthens security checks
The aim is to reduce the formation of long queues at the gates in the Summer
German airport of Berlin-Brandenburg has upgraded its BER Runway security check system for the Summer peak season. The goal is to reduce to zero the possibility of long queues forming at the gates, slowing... more
DefenseNATO summit with defense companies
Scheduled for tomorrow, Wednesday 14 June, in Brussels
Tomorrow, Wednesday 14 June, a summit within the North Atlantic Treaty Organization (NATO) between the secretary general Jens Stoltenberg and 25 companies operating in the defense and security sector,... more
AirlinesThe race for NATO secretaryship
These are the eligible candidates, Italy stays on the sidelines
Betting on names are underway for the appointment of the new secretary general of the North Atlantic Treaty Organization (NATO). The current head of the Atlantic Alliance, Jens Stoltenberg, will in fact... more
AirportsHeathrow Airport at pre-pandemic levels
It operates 248 daily flights connecting the UK to 31 US destinations
The operator of the British London-Heathrow airport has communicated that the volume of passenger traffic in the month of May has returned to a level almost corresponding to what was recorded in the period... more
Finance and economyAirbus prepares future military helicopters
Developments favored by Russian-Ukrainian war, aircraft still essential in modern conflicts
The Airbus Helicopters company is working on a number of future features that will ensure a decisive operational impact on the battlefield. In particular, the company is planning the next generation of... more
DefenseJoint British-Portuguese air exercise
"Montijo Merlin" mission to enhance capabilities deployed over continental airspace
The British and Portuguese air forces conducted a joint exercise at Montijo Air Base, located near Lisbon, Portugal. Called "Montijo Merlin", the training was intended to provide and enhance the chemistry... more
AirlinesITA Airways: airspace cabin debuts
Comfort and technology to offer customers a unique flight experience
With the new A-330neo, the national air carrier ITA Airways, which entered service on 2 June completing its first commercial flight on the Rome-Washington route, the Airspace cabin, which guarantees maximum... more
AirlinesUSA: passenger protection law under consideration
To protect the rights of travellers who are victims of delays and cancellations
The Transportation Committee of the United States House of Representatives introduced a broad bill on the aviation sector on Friday. It includes increased hiring of air traffic controllers, better protection... more
Civil aviationFAA has new interim administrator
Polly Trottenberg replaces Billy Nolen, but there is no official candidate
The United States Department of Transportation announced yesterday that Polly Trottenberg, an official of the same department, will assume the position of interim head of the Federal Aviation Administration... more
AirlinesSpiceJet bets on Boeing
Leased B-737 Max aircraft to meet high travel demand
The management of Indian low-cost carrier SpiceJet will add 10 B-737 Max aircraft to its fleet. It is a decision that aims to satisfy the growing demand for travel by passengers and at the same time to... more
AirlinesITA-Lufthansa towards official status
Final signatures are needed before notifying the operation in Brussels
The marriage between the German Lufthansa Group and the air carrier ITA Airways is in the final stages. The agreement, strongly desired by the Ministry of Economy and Finance (MEF) was positively received... more
DefensePoland evaluates purchase of Black Hawk helicopters
Country's Lockheed Martin managers meet defense ministry in Warsaw
The US group Lockheed Martin, specialized in the aerospace and defense sectors, could supply the Polish government with around 32 UH-60 Black Hawk multi-purpose armed helicopters. This is an order that... more
AirlinesMalaysia charters Black Hawk helicopters
Five-year contract for 4 US military aircraft
Malaysia's defense ministry recently signed an agreement with the Pentagon for the five-year lease of four Sikorsky UH-60A Black Hawk helicopters. This is the first time that this model of American-made... more
AirlinesGlobal air carriers double profits by 2023
The estimate of Iata director general Willie Walsh at the Istanbul summit
Airlines around the world have more than doubled their forecasts for their aviation profits for 2023. However, they said delays in deliveries of new planes, combined with soaring demand from airlines,... more
AirlinesITA-Lufthansa: the signing, then to Brussels
European Antitrust will assess the impact of the agreement on free competition on the airline market
The official signing of the agreement reached last May 25 between the Italian Minister of Economy and Finance (MEF), Giancarlo Giorgetti, and the CEO of Lufthansa, Carsten Sphor, for the privatization... more
AirlinesLeeds Airport violates night flights rules
The complaint of the city council, ready for legal proceedings
The City Council of the City of Leeds, UK, has sent a notice of breach of noise abatement rules to the management of Leeds-Bradford Airport. The fact concerns the planning of 747 more night flights than... more
AirlinesTurkish Airlines: soon confirmation on maxi-aircraft orders
Within the next two months, the possible final go-ahead from the Ankara government
After the announcement by the chairman of the board of directors of Turkish Airlines, Ahmet Bolat, last May 1st, within the next two months the national carrier is expected to make a final decision on... more
Finance and economyColombiagate: all the names of the military affair
Gripping on the international scandal: eight suspects, searches in offices and at home
The Prosecutor of Naples has entered eight people in the register of suspects in the context of an investigation into Colombiagate. This is an attempt to sell Italian-made military ships and aircraft to... more
AirlinesITA-Lufthansa: Moody's promotes
There are "solid strategic rationales for the acquisition of the minority stake"
The international financial analysis agency Moody's liked the marriage between the national air carrier ITA Airways and the German aviation group Lufthansa. So it rated the operation with a Ba-1 with a... more
Finance and economyHolland buys 14 military helicopters
They will be employed by the Special Operations Force (Sof) for operations on land and at sea
The Netherlands has announced the purchase of 14 new military helicopters for the training of the "special forces" of the Dutch Air Force. The sale concerns Airbus Helicopters H-225M "Caracal" long-range... more
DefenseStrengthened India-US defense axis
This is the Icet critical and emerging technology initiative
The governments of India and the United States have agreed to strengthen industrial cooperation in the defense sector. This is an announcement made today by US Defense Secretary Lloyd Austin, who arrived... more
AirlinesAir carrier IndiGo wants 500 Airbus aircraft
It could be the largest trade in the world by a single company
Indian low-cost carrier IndiGo is close to signing a potential maxi-order for 500 narrow-body Airbus A-320 aircraft. According to an initial estimate, the deal would be worth more than 50 billion dollars... more
CargoIran announces new alliance in the Gulf
Maritime cooperation for the geopolitical security of trade
The Government of Iran has announced the birth of a new naval alliance in the Persian Gulf. This is a maritime cooperation which should include Saudi Arabia, the United Arab Emirates, Oman, Qatar, Iraq... more
Airlines"Amsterdam Airport has no shame"
Gibes from dg Walsh (Iata) against rate increases and slot management
The global aviation industry has experienced a period of robust recovery in the last year after a long recession due to the covid-19 pandemic, followed by the Russo-Ukrainian war and the increase in the... more
AirlinesAircraft. Air strike on June 4 in Italy
A 24-hour mobilization of the airport sector
Sunday 4 June 2023 will be a 24-hour strike in the airport sector in Italy. Numerous inconveniences are expected for passengers travelling to or from Italy, dealing with delayed and cancelled flights,... more
AirlinesAircraft and transport: problems with animal fats for Saf
T&E ong denounces: by 2030 consumption could triple
The non-governmental organization Transport & Environment (T&E), specialized in the transport and environment sectors and which promotes sustainable transport in Europe, has published a new study which... more