Finance and economy
3,155 news found
Finance and economyAirplanes and embargoes. For Qatar it is an economic war
Doha will take legal actions for the damages of the isolation decided by Saudi Arabia, UAE, Bahrain and Egypt
Qatar considers the embargo that was decided against it by Saudi Arabia, United Arab Emirates (UAE), Egypt and Bahrain starting from last June as an "economic war". During a press conference that took... more
Finance and economyAirports. Autogrill Group: implementation of the corporate reorganization
Milan, Italy - Publication of the information document
Autogrill SpA informs that, following the completion of the corporate actions that are instrumental to the implementation of the corporate reorganization project of the group led by Autogrill, approved... more
Finance and economyCALC launches China's Asset Backed Security
Hong Kong, China - The ABS denominated in USD was listed on the Shanghai Stock Exchange
CALC, a full value-chain aircraft solutions provider for global airlines, has launched China’s first asset-backed security (ABS) which is denominated and settled in a foreign currency, and the first A... more
Finance and economyAutogrill: 2018 corporate events calendar
Milan, Italy - They are fixed in February, March, May, July and September
Autogrill SpA hereby announces the dates of its board of directors’and shareholders’ meeting to be held during 2018 in order to examine and approve economic and financial results and Revenue performance con... more
Finance and economyAirplanes. Piaggio Aerospace approves five-year industrial plan
Villanova d'Albenga, Italy - Comprehensive financial restructuring; Operational Commitments and Developments
Piaggio Aerospace, a reference Italian aircraft manufacturer active in the business, defense and security sectors, approved yesterday a new five-year Industrial Plan designed to secure the long-term financial... more
Finance and economyLeonardo: financial calendar 2018
Rome, Italy - The annual corporate events are planned in January, March, May, July and November
Leonardo informs that the annual calendar of corporate events for the year 2018 is as follows: - Tuesday 30 January – Board of Directors: Industrial Plan Approval; - Wednesday 14 March – Board of... more
Finance and economyAutogrill: implementation of the corporate reorganization project
Milan, Italy - Approved by the BoD last November 9
Autogrill SpA informs that the corporate reorganization project, approved by the Board of Directors of Autogrill on 9 November 2017, has been implemented, according to the terms detailed in the press release... more
Finance and economyLeonardo announces final tender results of offers to purchase certain USD denominated notes
Rome, Italy - The terms and conditions of the Offers are described in an offer to purchase (the “Offer to Purchase”) dated 15 November 2017
Leonardo SpA and its subsidiary Leonardo US Holding today announce the final tender results of the Company’s offers to purchase its outstanding 7.375% Guaranteed Notes due 2039 and its outstanding 6.250% G... more
Finance and economyFirst closing of F2i's third fund: raising to EUR 3,1 bn
Milan, Italy - In early 2018 to Euro 3.3 billion; support also by PSP and GIC
F2I’s Third Fund successfully achieved its First Closing, raising approximately Euro 3,140 million. The amount is expected to increase, in early 2018, to Euro 3.3 billion, the maximum amount allowed u... more
Finance and economyLeonardo announces early tender results of offers to purchase certain USD denominated notes -SPECIALS AVIONEWS
Rome, Italy - The terms and conditions of the Offers are described in an offer to purchase dated 15 November 2017
Leonardo and its subsidiary Leonardo US Holding, Inc. today announce the early tender results of the Company’s offers to purchase its outstanding 7.375% Guaranteed Notes due 2039 and its outstanding 6... more
Finance and economyAirplanes and finance. Alitalia (4) recorded June-October 2017: + € 73.9m EBITDA; - € 20.9m net result
Rome, Italy - The results explained by the commissioners during their hearing at the Chamber of Deputies
Alitalia’s Special Commissioners during the today’s hearing at the Chamber of Deputies have presented the performance of the administrative management in the period between 1 June and 31 October 2017. Total rev... more
Finance and economyAirplanes. IATA: African Development Bank sign MoU to advance Africa’s aviation
Abuja, Nigeria - Between Alexandre de Juniac and Akinwumi Adesina
The International Air Transport Association (IATA) and the African Development Bank (AfDB) have signed a memorandum of understanding (MoU) to establish a framework for collaboration to boost the aviation... more
Finance and economyLeonardo: an offer to purchase certain USD notes du 2039 and 2040 -SPECIALS AVIONEWS
Rome, Italy - And the redemption in full of the USD notes due 2019
Leonardo communicates that its subsidiary Leonardo US Holding, today announced offers to purchase up to $200 million combined aggregate principal amount of its outstanding 7.375% Guaranteed Notes due 2039... more
Finance and economyItalian ENAV: BoD approves the first nine months 2017 results -SPECIALS AVIONEWS
Rome, Italy - Margin expansion driven by growth in traffic and efficiencies
The Board of Directors of ENAV SpA, held today under the chairmanship of Roberto Scaramella, approved the preliminary results at 30 September, 2017. The highlights: • En-route and Terminal traffic g... more
Finance and economyFincantieri: the BoD approves 9M 2017 results -SPECIALS AVIONEWS
Rome, Italy - Increasing revenues and Ebitda
The Board of Directors of Fincantieri SpA, chaired by Giampiero Massolo, has examined and approved the interim financial information at September 30, 2017. The highlights: • Results in line with t... more
Finance and economyLeonardo: nine months results -SPECIALS AVIONEWS
Rome, Italy - The financial data of the Group achieved in this period reflect the ongoing challenges that the Helicopter business is facing
The Board of Directors of Leonardo, convened yesterday under the chairmanship of Gianni De Gennaro, has examined and unanimously approved the results at 30 September 2017 and the results of third quarter... more
Finance and economyFraport traffic figures in October 2017: positive trend continues at Frankfurt Airport
Frankfurt, Germany - Aircraft movements reach new record high; airports in Fraport's international portfolio also report dynamic growth
The growth trend at Fraport AG's home base Frankfurt Airport (FRA) continues unabated. In October 2017, FRA served more than six million passengers, representing an increase of 6.4 percent year-on-year... more
Finance and economyAircraft. Emirates Group announces half-year performance for 2017-2018
Dubai, UAE - For the Group, the airline and dnata
Emirates Group announces half-year performance for 2017-18. The highlights: - Group: Revenue up 6% to AED 49.4 billion (US$ 13.5 billion), and profit of AED 2.3 billion (US$ 631 million), up 77%.... more
Finance and economyAirplanes and finance. ANA Holdings financial results for the six month period ended in September
Tokyo, Japan - The outlook
Ana Holdings reported its financial results for the six months ended September 30, 2017. Overview - ANA HD has delivered a record-high profit performance during the first half of the financial year,... more
Finance and economyAirplanes and carriers. Qatar Airways acquires 9.61% of Cathay Pacific
Milan, Italy - The conclusion of the transaction should happen today in Hong Kong
Qatar Airways announces an agreement for the acquisition of 378.188.000 shares of Cathay Pacific Airways, equals to about 9.61% of the total of the social capital issued. The completion of the business... more
Finance and economyFraport Group report: 3Q and 9m 2017
Frankfurt, Germany - Frankfurt Airport achieves solid growth
The Fraport Group closed the first nine months (ending September 30) of the 2017 financial year with a significant 13.7 percent rise in Group revenue to EUR2.23 billion. At Frankfurt Airport (FRA), growth... more
Finance and economyAircraft and finance. Ryanair: H1 results
Dublin, Ireland - It cuts fares by 5%, profits rise 11%; traffic grows 11%, load factor to 97%, FY profit guidance unchanged
Ryanair today reported an 11% increase in H1 profit to €1.29bn. Traffic grew 11% to 72m thanks to a strong Easter and a 5% reduction in airfares saving customers over €160m in the half year. Unit costs (in... more
Finance and economyAirplanes and helicopters. Airbus reports nine-month (9m) 2017 results -SPECIALS AVIONEWS
Amsterdam, Holland - Engine delays impact 9m data
Airbus reports nine-month (9m) 2017 results. The highlights: • Revenues €43bn; EBIT Adjusted €1.8bn; EBIT (reported) €2.3bn; EPS (reported) €2.39 • Commercial aircraft market healthy, robust back... more
Finance and economyAircraft and finance. Embraer releases third quarter 2017 results
São Paulo, Brazil - During 3Q17, the company delivered 25 commercial and 20 executive jets
Embraer releases today its third quarter 2017 results. Highlights - During 3Q17, Embraer delivered 25 commercial jets and 20 executive jet aircraft (13 light and 7 large); - The Company’s firm o... more
Finance and economyAirplanes and finance. Boeing reports 3Q results
Chicago, Usa - Raises cash flow and EPS Guidance
Boeing reported yesterday third-quarter results. The highlights are: - Revenue of $24.3 billion, including a record 202 commercial aircraft deliveries - GAAP EPS of $3.06 and core EPS (non-GAAP)... more
Finance and economyAirplanes and finance. American Airlines Group reports Third-Quarter profit
Fort Worth, Usa - During the 3Q its operations were affected by Hurricanes "Harvey", "Irma" and "Maria", causing more than 8,000 flight cancellations
American Airlines Group Inc. today reported its third-quarter 2017 results, including these highlights: - Recorded a third-quarter 2017 pre-tax profit of $1.0 billion, or $1.1 billion excluding net... more
Finance and economyAirplanes and finance. Lufthansa Group: its nine-month results
Frankfurt, Germany - From January to September and full year outlook for 2017
Lufthansa Group announced its nine-month results January to September 2017 - Adjusted EBIT raised EUR 883 million to EUR 2.6 billion - Revenues increased EUR 2.9 billion to EUR 26.8 billion - F... more
Finance and economySaab’s results January-September 2017
Linkoping, Sweden - Order bookings increased to MSEK 24,255 (14,960)
Defence and security company Saab presents the results for January-September 2017. During the first nine months of the year, order bookings increased to MSEK 24,255 (14,960). Major orders were received... more
Finance and economyAirplanes. Piaggio Aero and transfer of its EVO division: Government uses "Golden Power"
Rome, Italy - The decision taken in the context of the council of Italian ministers of yesterday
The Italian council of ministers, upon request of the Defence Minister, Roberta Pinotti has decided yesterday the adoption of the decree of the prime minister to implement of special power, regarding the... more
Finance and economyAirplanes and finance. Delta Air Lines announces September quarter profit -SPECIALS AVIONEWS
Atlanta, Usa - Operational disruption following hurricane "Irma" that hit in particular its hub in Atlanta
Delta Air Lines yesterday reported financial results for the September quarter 2017. The highlights are: • September quarter 2017 GAAP pre-tax income of $1.8 billion, net income of $1.2 billion a... more
Finance and economyRosteс sum up the preliminary results of 2017
Moscow, Russia - By its CEO Sergei Chemezov during a speech
Russian State Corporation Rostec presents its preliminary results of 2017. It was declared by Rostec CEO Sergei Chemezov during the speech in The Council of Federation of the Federal Assembly of the Russian... more
Finance and economyAutogrill: strong performance at airports -SPECIALS AVIONEWS
Milan, Italy - With +8.4% revenue growth
The Board of Directors of Autogrill SpA yesterday examined and approved the consolidated revenue performance, as of 31 August 2017. Group Autogrill posted in the first eight months of 2017 revenue... more
Finance and economyAircraft. Embraer supports the establishment of a WTO panel to analyze subsidies to Bombardier
São Paulo, Brazil - To examine more than USD 3 bn received from the Governments of Canada and Quebec
Embraer supports the establishment of the panel at the World Trade Organization (WTO) in Geneva to examine more than USD 3 billion in subsidies Bombardier received from the Governments of Canada and Quebec.... more
Finance and economyEmbraer listed on the Dow Jones Sustainability Index
São José dos Campos, Brazil - For the 8th consecutive year
For the eigtht consecutive year, Embraer has been listed on the Dow Jones Sustainability Index, announced yesterday. Based on the analysis of several sustainability metrics, the DJSI lists companies that... more
Finance and economyLeonardo confirmed in the Dow Jones Sustainability Indices
Rome, Italy - Improving performance for the 8th consecutive year
For the eighth year in a row, Leonardo has been incorporated in the Dow Jones Sustainability Indices (DJSI) Europe. The company’s consistent presence in the Dow Jones equity indices reflects industry’s com... more
Finance and economyLeonardo admitted to the cooperative compliance Italian tax regime
Rome, Italy - It applies effective the 2016 tax year based on the date of the application for admission
Leonardo has been admitted to the cooperative compliance regime introduced under Italian law by Legislative Decree 128/2015, which is currently reserved to some major companies. This tax regime, which... more
Finance and economyAircraft and industries. United Technologies to acquire Rockwell Collins
Farmington, Usa - For US 30 billion
United Technologies Corp. and Rockwell Collins, Inc. yesterday announced that they have reached a definitive agreement under which United Technologies will acquire Rockwell Collins for $140.00 per share,... more
Finance and economyPlanes and finance (2). Equity investment of China Eastern and Delta in Air France-KLM's share capital approved
Paris, France - By more than 94% of the shareholders' voting cast
The Air France-KLM Combined Ordinary and Extraordinary Shareholders' Meeting was held on Monday 4 September at the Hotel Pullman Paris Centre Bercy. It was convened in order to implement part of the strategic... more
Finance and economyAircraft and transport. Italian ENAV's BoD approves the first half 2017 results
Rome, Italy - And the integration of the CEO remuneration policy
ENAV SpA’s Board of Directors held today under the chairmanship of Roberto Scaramella approved the first half 2017 financial report. Roberta Neri, CEO commented: "this year we are witnessing a stronger i... more
Finance and economyAirplanes and data. ANA Holdings financial results for the three months ended June 30, 2017
Tokyo, Japan - Traffic and outlook
ANA HOLDINGS reported its financial results for the three months ended June 30, 2017. Overview ・ANA HD has delivered a strong profit performance during the first quarter, with operating revenues u... more
Finance and economyFraport Group: first half 2017. Result rises significantly -SPECIALS AVIONEWS
Frankfurt, Germany - Passenger figures grow noticeably at FRA and other Group airports
In the first six months of the 2017 business year (January to June), Fraport AG's Group revenue advanced to almost EUR 1.4 billion, an increase of EUR 130.6 million or 10.7 percent year-on-year. Reasons... more
Finance and economyAirplanes. Qatar Airways is not more interested to American Airlines
Milan, Italy - The Qatar's carrier will continue to evaluate alternative opportunities
Qatar Airways decided to not carry on its proposal of passive financial investment in the American Airlines. A further review of the proposed financial investment, considering the last public declaration... more
Finance and economyAtlantia acquires 29.30% stake of Bologna Airport
Rome, Italy - In particular it will acquire 11.53% of the company's capital from Italian Airports Sarl
Atlantia informs that has reached an agreements for the acquisition of a 29,38% stake in the share capital of Aeroporto "Guglielmo Marconi" SpA, listed company and holder of the concession of the Bologna... more
Finance and economyAirplanes and results. Air France-KLM: first half 2017 -SPECIALS AVIONEWS
Paris, France - Result improvement driven by solid traffic and unit revenue performance
The Board of Directors of Air France-KLM, chaired by Jean-Marc Janaillac, met on 27th July 2017 to approve the accounts for the First Half 2017. The highlights are: First half 2017 - Robust traffic... more
Finance and economyAutogrill growth continues in the first half of 2017; positive performance at airports -SPECIALS AVIONEWS
Milan, Italy - The BoD examined and approved the consolidated results as of 30 June
Meeting today, the Board of Directors of Autogrill SpA examined and approved the consolidated results as of 30 June 2017. • Revenue of over €2.1 billion, up 2.8% (up 4.1% like-for-like) • EBITDA of €1... more
Finance and economyAircraft. Embraer releases 2Q2017 results
São Paulo, Brazil - The industry delivered 35 commercial and 24 executive jets
Embraer releases 2Q2017 results. The highlights are: · In 2Q17, the Brazialian industry delivered 35 commercial and 24 executive (16 light and 8 large) jet aircraft, compared to the 26 commercial... more
Finance and economyAirplanes and results. Etihad Airways reports net loss for 2016
Abu Dhabi, UAE - One-off impairments impact bottom line while passenger revenues remain stable
Etihad Airways today announced its 2016 financial results, recording a net loss of USD 1.87 billion on USD 8.36 billion in revenues as one-off impairment charges and fuel hedging losses weighed against... more
Finance and economyLeonardo BoD examined and approved results at 30 June 2017 -SPECIALS AVIONEWS
Rome, Italy - 1H progress confirms growing orders and profitability
The Board of Directors of Leonardo, convened today under the chairmanship of Gianni De Gennaro, has examined and unanimously approved the Half-Year Financial Report at 30 June 2017. Alessandro Profumo,... more
Finance and economyAirplanes and helicopters. Airbus reports H1 2017 results -SPECIALS by AVIONEWS
Amsterdam, Holland - Commercial aircraft environment healthy
Airbus reports Half-Year (H1) 2017 results. The highlights are: • Revenues €29bn; EBIT Adjusted €1.1bn; EBIT (reported) €1.8bn; EPS (reported) €1.94 • Commercial aircraft environment healthy, ro... more
Finance and economyAirplanes and helicopters. Boeing reports 2Q results
Chicago, Usa - Raises EPS and cash-flow guidance
Boeing reports strong Second-Quarter results. The highlights are: - GAAP EPS of $2.89 and core EPS (non-GAAP) of $2.55 on solid execution across the company - Strong operating cash flow of $5.0... more