Finance and economy
3,155 news found
Finance and economyAirplanes. China liberalizes domestic flight tariffs
Companies may change ticket prices on routes served by more than five carriers
Increases at the stock market on Monday morning for the main air carriers of China after that on Friday the Civil Aviation Administration of China (CAAC) and the National Development and Reform Commission... more
Finance and economyLeonardo: filing of Articles of Association
Rome, Italy - Updated with the new Company’s name adopted since 1 January 2017
Under the current legislation, notice is hereby given that the text of the Articles of Association, updated with the new Company’s name “Leonardo – Società per azioni” (abbreviated form “Leonardo SpA”) adop... more
Finance and economyPossible deal on final price: 20 ATR-72/600 planes at EUR 380 million
Tehran, Iran - This is the agreement that the company and the government of Tehran might reach; still effective the option for 20 more aircraft
According to different international press sources in these days the ATR consortium -subsidiary of Leonardo Finmeccanica and Airbus- might reach an agreement with Tehran authorities on the price of the... more
Finance and economyRoma Capitale places shares in AdR (Fiumicino and Ciampino airports). Uptrend secret offer
Rome, Italy - According to the institutional website published on December 30, 826,800 common stocks at auction
Roma Capitale proceeds with the transfer of the entire participation share, equals to 826,000 common stocks, held in the AdR (Aeroporti di Roma SpA, Rome's airports management company), through procedure... more
Finance and economyLATAM Airlines Group announces the successful conclusion of its capital increase
Santiago, Chile - Qatar Airways completed its acquisition of 10%
LATAM Airlines Group ("LATAM"), the airline group in Latin America, and Qatar Airways (QA), both members of the oneworld alliance, announced that the carrier, through its wholly owned subsidiary Qatar... more
Finance and economyChange in AIR: Airbus Group share becomes Airbus
Amsterdam, Holland - In January 2017
Airbus Group will change its stock market listing name to Airbus in January 2017. This follows the decision announced in September to merge its Group structure with the Commercial Aircraft division. Once... more
Finance and economyAirplanes and finance: Air-France KLM thinks about maintenance area divisions
Paris, France - But labor unions disagree with these changes that under discussion
Many controversies are involving Jean-Marc Janaillac, who is French-Dutch Air-France KLM airline company chairperson and general manager. The possibility of developing company divisions, which should manage... more
Finance and economyAirplanes and finance. Italian ENAV: the BoD approves the first nine months 2016 results
Rome, Italy - Growth in revenues and traffic and focus of cost control
The Board of Directors of ENAV (Italian Flight Assistance Company) approves the first nine months 2016 results. The highlights are: • En-Route and terminal traffic grow 2.0% and 3.6% respectively Y... more
Finance and economyAutogrill: the BoD approves the consolidated results as of 30 September 2016
Milan, Italy - Excellent performance in the airport channel in North America and the International area
Meeting today, the board of directors of Autogrill SpA examined and approved the consolidated results as of 30 September 2016. Results for first nine months of 2016: - Consolidated revenues: €3,281.5m v... more
Finance and economyAirplanes. ANA Holdings: financial results for the six months ended September 30, 2016
Tokyo, Japan - Solid profit performance, with consolidated operating income up 3.2% to ¥89.5 billion
ANA HOLDINGS reports its consolidated financial results for the six months ended September 30, 2016. Overview ・ ANA HD has delivered a solid profit performance, with consolidated operating income u... more
Finance and economyLeonardo-Finmeccanica in the Stock Exchange today, the title suspended
Rome, Italy - After the presentation yesterday of the balance sheet
A very heavy session for Leonardo-Finmeccanica. After the balance sheet presented yesterday, the title continues to fall in the Stock Market and now it has been suspended for excess of reduction from 10,02... more
Finance and economyLeonardo-Finmeccanica: results at 30 September and 3Q 2016. The title suspended in the SE -SPECIALS AVIONEWS
Rome, Italy - For excess of reduction. Backlog at approx EUR 35 billion following the acquisition of the contract for the supply of 28 Eurofighter to the Kuwaiti Ministry of Defence
The Board of Directors of Leonardo-Finmeccanica, convened yesterday under the chairmanship of Gianni De Gennaro, examined and unanimously approved the results at 30 September 2016 and the results for the... more
Finance and economyAirplanes and economy. Air France-Klm: financial year 2016: third quarter results -SPECIALS
Paris, France - 3Q, first nine months and full year outlook
Air France-KLM announced today the financial year 2016: Third Quarter results. Third quarter - Revenues of 6.94 billion euros, down 5.1% and down 4.1% like-for-like - EBITDA of 1,149 million euros,... more
Finance and economyFraport Group Interim Report: nine months 2016; robust performance despite challenging market conditions
Frankfurt, Germany - Its international portfolio achieves mixed results
In the first three quarters of the 2016 business year, the Fraport Group achieved revenue of EUR 1.94 billion (adjusted for IFRIC 12), thus continuing its positive performance from the previous year.... more
Finance and economyAirplanes and finance. Embraer releases third quarter 2016 results
San Josè dos Campos, Brazil - The industry delivered 29 commercial jets and 25 executive
Embraer releases third quarter 2016 results Highlights - During 3Q16, Embraer delivered 29 commercial jets and 25 executive jet airplanes (13 light and 12 large); - The Company’s firm order b... more
Finance and economyAirplanes and helicopters. Boeing reports third quarter results
Chicago, Usa - And it raises full year guidance
Boeing reports Third-Quarter results and raises full year guidance. The highlights are: - Strong operating cash flow of $3.2 billion; repurchased 7.6 million shares for $1.0 billion - GAAP EPS... more
Finance and economyAirplanes and helicopters. Airbus Group reports nine month 2016 results -SPECIALS by AVIONEWS
Amsterdam, Holland - Revenues € 43 billion
Airbus Group reports nine-month (9m) 2016 results. • Healthy orders and backlog support production ramp-up • Aircraft delivery schedule heavily back-loaded to Q4 • 9m financials reflect ongoi... more
Finance and economyAirplanes and finance. Korean Air: record profit in 2016 3Q
Seoul, South Korea - Dispelled recent worries about its financial instability
Korean Air today announced that the company posted its biggest quarterly profit in history, dispelling recent worries about its financial instability (non-consolidated). In the 3rd quarter of 2016, the... more
Finance and economyAirports and motorways. Atlantia accelerates foreign growth and invests in Italy -SPECIALI AVIONEWS
Rome, Italy - After the presentation of yesterday in London, the integral version of the Investor Briefing
Atlantia, the holding of Autostrade per l'Italia and Aeroporti di Roma (Rome's airports-Fiumicino and Ciampino- management company) presented yesterday at the international economical community -through... more
Finance and economyAirports and motorways. Atlantia presented results and growth targets
London, UK - "Over the next 5 years, we will invest more than €5 billion through Autostrade per l’Italia and €2.5 billion through AdR"
Atlantia SpA’s Chief Executive Officer, Giovanni Castellucci, was in London today to present the Group’s future growth strategies and targets to analysts, investors and the international press. "Atlantia is... more
Finance and economyDelta Air Lines announces September Quarter Profit
Atlanta, Usa - $1.9 billion operating cash flow and $1.1 billion free cash flow
Delta Air Lines announces September Quarter Profit. The highlights are: • September 2016 quarter GAAP pre-tax income of $1.9 billion, net income of $1.26 billion and earnings per diluted share o... more
Finance and economyAutogrill Group acquires Stellar Partners Inc., an airport convenience retailer in the USA
Milan , Italy - The transaction involves 38 points of sale in ten US airports. The price agreed upon between the parties is USD$12 million
Autogrill (Milan: AGL IM) announces that its subsidiary HMSHost has completed the acquisition of Stellar Partners Inc., a US specialist airport convenience retailer (convenience retailing covers newspapers,... more
Finance and economyAccounts of Alitalia: budget analysis at the end of 2015, and its implications on the current state of the air carrier. AVIONEWS EXCLUSIVE
Rome, Italy - AVIONEWS public the full version of the analysis by Gaetano F. Intrieri, aviation consultant
Firstly I would like to thank such a historic and prestigious press agency as Avionews for thinking of me for this analysis work. The goal of this work is to define the financial condition of our national... more
Finance and economyCALC enters into finance lease receivables realisation transactions for three aircraft
Hong Kong, China - Since 1 January 2016, the Group has completed realisation for a total of 14 planes
China Aircraft Leasing Group Holdings Limited (“CALC”), one of the largest independent operating aircraft lessors in China, announced that it has successfully entered into finance lease receivables tra... more
Finance and economyAircraft and transport. Italian ENAV: BoD approved the 1H2016 results
Rome, Italy - Solid growth in revenue and EBITDA
Enav SpA’s Board of Directors, held yesterday under the chairmanship of Franco Ferdinando Falco Beccalli, approved the first half 2016 financial report as of June 30, 2016. Its CEO Roberta Neri stated: "... more
Finance and economyCALC signs financing framework agreement with Export-Import Bank of China
Tianjin, China - Providing strong support for the Group’s business development
China Aircraft Leasing Group Holdings Limited (“CALC”), one of the largest independent aircraft operating lessors in China, announced that it has entered into a financing framework agreement with the Exp... more
Finance and economyAirplanes and finance. IATA: speed, innovation, key for aviation to deliver economic benefits
Singapore, Republic of Singapore - The comments made in a kenynote speech at the opening of the "World Financial Symposium"
The International Air Transport Association (IATA) called for speed and innovation to enable aviation to continue to deliver its vast social and economic benefits. Alexandre de Juniac, IATA’s Director G... more
Finance and economyArianespace to launch multi-payload Vega mission for Earth observation
Paris, France - To put into orbit satellites very important for the life of all days
For its seventh launch of the year, and seventh Vega mission since the light launcher began operations at the Guiana Space Center - French Guiana, in 2012, Arianespace will orbit the PerúSat-1 satellite... more
Finance and economyCALC enters into finance lease receivables realisation transactions for 4 aircraft
Hong Kong, China - Continuous commitment in innovative financing
CALC (China Aircraft Leasing Group Holdings Limited, or the Group) has successfully entered into finance lease receivables transactions (“FLR Transaction”) with a trust, which agreed to purchase the fin... more
Finance and economyAirplanes and events. IATA: "World Financial Symposium" will take place in September (21-23) in Singapore
Geneva, Switzerland - Alexandre de Juniac, who joins IATA as DG and CEO on 1 September, will deliver his first major industry address in this role at "WFS"
The International Air Transport Association’s (IATA) 2016 "World Financial Symposium" (WFS) will focus on building high-performing finance organizations within airlines as a pillar to achieving sustained f... more
Finance and economyFraport Group Interim Report for first Half 2016: solid performance in challenging environment
Frankfurt, Germany - Geopolitical situation and restrained tourist bookings affect several Group airports
In the first half of 2016, the Fraport Group achieved revenue of just over EUR 1.2 billion. Although this represents a EUR 17.1 million (or 1.4 percent) decline year-on-year, it must be taken into account... more
Finance and economyAirplanes and finance. Italian ENAV on global offering of shares: notice of exercise of the over-allotment option in full
Rome, Italy - For a total of 22,600,000 ordinary shares
With reference to the Global Offering and the listing of ENAV SpA, the Company and the Ministry of Economy and Finance announce that yesterday the stabilizing manager Mediobanca -Banca di Credito Finanziario... more
Finance and economyCALC enters into rental realisation transaction for 3 aircraft
Hong Kong, China - Structured products cater to different investment needs
China Aircraft Leasing Group Holdings Limited (“CALC”), one of the largest independent aircraft operating lessors in China, announced that it has entered into a rental realisation transaction for 3 air... more
Finance and economyFraport to sell partial stake in Thalita (Pulkovo Airport) to Qatar Investment Authority
Frankfurt, Germany - 10,5% of the shares. The closing will be completed in the 2H 2016. Soon QIA will have nearly 25% of the airport stakes
Fraport AG Frankfurt Airport (Fraport AG) and its consortium partners at Pulkovo Airport reached yesterday an agreement to sell part of their shares in Thalita Trading Ltd. (Thalita) to Qatar Investment... more
Finance and economyAirplanes. Embraer released 2Q16 results -Specials
San Josè dos Campos, Brazil - Hightlights
Embraer releases 2Q16 results. Highlights: - In 2Q16, Embraer delivered 26 commercial and 26 executive (23 light and 3 large) jet airplanes; - The Company’s firm order backlog ended the quarter a... more
Finance and economyAutogrill: the BoD approves the consolidated results as of 30 June 2016
Milan, Italy - The Group continued to strengthen its portfolio in the 1st half of the year in the airport sector
Meeting today, the Board of Directors of Autogrill SpA examined and approved the consolidated results as of 30 June 2016. Results for 1st half 2016 - Consolidated revenues: €2,056.6m vs €1,966.6m in... more
Finance and economyLeonardo: net result before transactions 120 highter at EUR 200 million -Specials
Rome, Italy - The BoD convened today under the chaimanship of Gianni De Gennaro
Leonardo: net result before extraordinary transactions 120% higher at EUR 200 million - The acquisition of the EUR 7.95bil contract for the supply of 28 Eurofighter Typhoon aircraft to the Kuwaiti Ministry... more
Finance and economyMiami Airport secures high marks again from top bond rating agencies
Miami, Usa - Reaffirmed its financial health last week
America’s leading bond rating agencies reaffirmed Miami International Airport’s financial health last week. Fitch Ratings and S&P Global Ratings each assigned “A” rating and stable outlook, while Kroll B... more
Finance and economyAirplanes and helicopters. Boeing reports second-quarter results
Chicago, Usa - Backlog remains robust at $472 billion with nearly 5,700 commercial airplane orders
Boeing reports Second-Quarter results. The highlights are: - Revenue increased to $24.8 billion on strong commercial deliveries and services growth - Loss of $0.37 per share (GAAP) and core (non-GAAP)... more
Finance and economyAirplanes and helicopters. Airbus Group reports Half-Year (H1) 2016 results -Specials
Amsterdam, Holland - H1 financials driven by back-loaded aircraft delivery schedule
Airbus Group reports Half-Year (H1) 2016 results: • Robust and diversified commercial backlog supporting ramp-up • H1 financials driven by back-loaded aircraft delivery schedule • Revenues € 29 bill... more
Finance and economyAerospace: Aero Sekur launches EUR 5 million mini-bond
Rome, Italy - The placement period is scheduled for July 25-August 25
Aero Sekur, one of Europe’s biggest producers of special fabrics and rubber technologies for the worlds of defence, space and aviation, is launching its first mini-bond worth a total of 5 million euros. The m... more
Finance and economyItalian ENAV succesfully completes the initial public offering of its ordinary shares. This morning the ceremony of the first listing
Rome, Italy - The Company announced the final results
Enav SpA (the Italian Flight Assistance Company) announces yesterday the final results of the Global Offering of its ordinary shares (the “Shares”) to be listed on the Mercato Telematico Azionario ("M... more
Finance and economyThe initial Public Offering of the ordinary shares of Italian ENAV SpA succesfully ends
Rome, Italy - With demand that is approximately 8 times over the offer
The Ministry of the Economy and Finance (the "Ministry") and ENAV SpA (“ENAV” or the “Company”) announce completion of the Global Offering of ENAV's ordinary shares for the listing on the Mercato Telemat... more
Finance and economyAirplanes and finance. Saab’s results January-June 2016
Linkoping, Sweden - Market development, strong growth in order bookings, sales and cash flow
Defence and security company Saab presents the results for January-June 2016. Statement by the President and CEO Håkan Buskhe: Market development Growing turmoil around the world is impacting the... more
Finance and economyCALC closes first ever Jolco diversified financing channels underpin globalisation strategy
Hong Kong, China - Related to two new A-320 airplanes delivered to Pegasus Airlines in June
China Aircraft Leasing Group Holdings (“CALC”), one of the largest independent operating aircraft lessors in China, has closed its first Japanese Operating Lease with a Call Option (“Jolco”) financing related... more
Finance and economyAirplanes and finance. Qatar Airways Group announced results for the FY 2016
Doha, Qatar - Revenues up 4.3 per cent
Qatar Airways Group announced a 3 billion QAR operating profit for fiscal year 2016 -nearly three times greater than fiscal 2015 profit of 1.1 billion QAR, resulting in an 8.6 per cent operating profit... more
Finance and economyAirplanes and finance. Italian ENAV submits to Borsa Italiana the application for admission to listing of the company's shares on SE
Rome, Italy - The company had previously submitted to CONSOB a request to approve its Registration Document that has been approved and published by the regulator
ENAV SpA (Italian Flight Assistance Company) announces that it has today filed with Borsa Italiana an application for the admission to list and trade its shares on the Mercato Telematico Azionario segment... more
Finance and economyCALC repurchases convertible bonds constantly optimising its financial position
Hong Kong, China - The lessor entered into separate agreements with investors
China Aircraft Leasing Group Holdings Limited (“CALC”), one of the largest independent aircraft operating lessors in China, entered into separate repurchase agreements with investors to repurchase con... more
Finance and economyAutogrill: Board’s resolution on the buyback programme
Milan, Italy - Purposes, number and duration; minimum and maximum price, value and methods
Pursuant to article 144-bis, clause 3, of the Consob Regulation no. 11971/1999 (“Issuers’ Regulation”), Autogrill SpA announces that the Board of Directors resolved to adopt a buyback programme to purch... more
Finance and economyAirplanes and finance. Italian ENAV: BoD approves the Company's dividend policy
Rome, Italy - Equal to EUR 95 million
The ENAV Board of Directors –chaired by Ferdinando Franco Falco Beccalli– has approved a dividend policy for future financial years, as set out below. For the year ending on 31 December 2016, the Boa... more