Finance and economy
3,155 news found
Finance and economyEtihad Airways: two international finance awards
London, UK - At separate functions within a week
Etihad Airways has picked up two leading financial accolades at separate award functions in London within a week. A USD 700m landmark five-year finance deal struck by Etihad Airways Partners (EAP) to... more
Finance and economyAirplanes and finance. Boeing reports 4Q2015 results and provides 2016 guidance
Chicago, USA - The industry reported fourth-quarter revenue of $23.6 billion
Boeing reports fourth-quarter results and provides 2016 guidance. The highlights: Fourth-Quarter 2015 Core EPS (non-GAAP) of $1.60 on revenue of $23.6 billion; GAAP EPS of $1.51 Strong operating... more
Finance and economyAirplanes and results. United Airlines announced full-year 2015 profit
Chicago, Usa - It would take delivery of 40 new B-737/700 aircraft, which will enter the fleet beginning in mid-2017
United Airlines (UAL) yesterday reported its fourth-quarter and full-year 2015 financial results. - UAL reported full-year net income of $4.5 billion, or $11.88 per diluted share, excluding special... more
Finance and economyAirplanes and figures. American Airlines Group reports record December traffic results
Fort Worth, Usa - The carrier continues to expect its 4Q2015 consolidated PRASM
American Airlines Group reported December 2015 and full year traffic results. Its total revenue passenger miles (RPMs) were a record 18.3 billion, up 1.5 percent versus December 2014. Total capacity was... more
Finance and economyFinmeccanica: financial calendar 2016
Rome, Italy - Five events planned: four BoDs and a shareholders' meeting
Finmeccanica informs that the annual calendar of corporate events for the year 2016 is as follows: Wednesday 16 March–Board of Directors: Draft Annual Report for 2015; Consolidated Results for 2015 From M... more
Finance and economyCALC delivers second aircraft financed by Korean banks to Air Macau
Hong Kong, China - The newly delivered A-321 airplane is the 61st delivered aircraft of lessor's fleet
China Aircraft Leasing Group Holdings Limited (CALC), one of the largest independent operating aircraft lessors in China, completed its second delivery to Air Macau Company Limited (“Air Macau”) on 21... more
Finance and economyAirbus Group signs share purchase agreement
Amsterdam, Holland - For sale of its commercial satellite communication business
Airbus Group SE has signed with French private equity firm, Apax Partners, a share purchase agreement (SPA) for the sale of 100% of the share capital of the legal entities comprising the commercial satellite... more
Finance and economyTransportation Partners issues first Coface guaranteed bond transaction financing ATR airplanes
Toulouse, France - For a fleet of 10 ATR-72/600s for Lion Air’s Wings Abadi and Malindo Airways
Transportation Partners (“Transportation Partners”), BNP Paribas and ATR announce the successful closing of USD 143,711,000 guaranteed floating rate notes due 2025 for Aeronautic Investments 18 Limited wit... more
Finance and economyItalian MEF on Poste Italiane SpA (interests in Alitalia). Global offering: the over-allotment option has been exercised
Rome, Italy - Delivery against payment of the shares pursuant to it will be made on 30 November 2015
The Italian Ministry of the Economy and Finance (the "Selling Shareholder") and Poste Italiane SpA (the "Company") announce that yesterday, in the context of the Global Offering, the stabilization agent,... more
Finance and economyEmbraer is included in the 2016 Corporate Sustainability Index (ISE) of the BM&FBOVESPA
São José dos Campos, Brazil - 34 other companies form this new portfolio
The BM&FBOVESPA (São Paulo Stock Exchange) announced yesterday, November 26, the inclusion of Embraer as a member of the eleventh portfolio of the Corporate Sustainability Index (Índice de Sustentabilidade E... more
Finance and economyAutogrill: BoD approves the consolidated results to 30 September 2015. Good growth in airport traffic in the USA in the 3Q -Specials
Milan, Italy - Results for 3rd quarter, for first nine months and outlook for this year
Autogrill: the board of directors approves the consolidated results to 30 September 2015 Results for 3rd quarter 2015 - Consolidated revenues: €1,206.4m, up 11.6% on €1,081.3m in 3rd quarter 201... more
Finance and economyAustrian Airlines generates 3Q Ebit thanks to a positive Summer performance
Vienna, Austria - Approximately 8.4 million passengers flew with it in the period January to September
Austrian Airlines, Austria’s carrier, generated Earnings Bfore Interest and Taxes (EBIT) of EUR 61 million in the first nine months of the current financial year 2015. This is in contrast to an EBIT o... more
Finance and economyWizz Air: results for the six months to 30 September 2015
Geneva, Switzerland - Record first half profitability on 20% passenger growth
Wizz Air Holdings (“Wizz Air” or “the Company”), the low-cost airline in Central and Eastern Europe, today issues its unaudited results for the six months to 30 September 2015 (“first half” or “H1”).... more
Finance and economyFinmeccanica BoD: debt amounted to EUR 5,125 million on EUR 12,5 bn of turnover-SPECIALS by AVIONEWS
Rome, Italy - The integral version of the release to the press on our section (16 pages)
The Board of Directors of Finmeccanica, convened yesterday under the chairmanship of Gianni De Gennaro, examined and unanimously approved the Interim Financial Report at 30 September 2015 and the results... more
Finance and economySale of AnsaldoBreda and Ansaldo STS from Finmeccanica to Hitachi completed
Rome, Italy - Equal to approximately 40% of share capital
Finmeccanica and Hitachi announced yesterday the closing of transactions relating to the acquisition by Hitachi regarding the business of AnsaldoBreda SpA, except for some revamping activities and certain... more
Finance and economyAirplanes. UPS releases 3Q15 results
Milan, Italy - Strong air shipment growth in US domestic
UPS announced third quarter 2015 diluted earnings per share of $1.39, a 5.3% increase over the same period last year. International operating profits were up more than 10% to $507 million, driving company-wide... more
Finance and economyAircraft. Airbus Group reports strong nine-month (9m) 2015 results
Amsterdam, Holland - Single-aisle aircraft production rate to increase to 60/month in mid-2019
Airbus Group reports strong nine-month (9m) 2015 results · Nine-month financial performance enables the Group to confirm FY guidance · Revenues € 43.0 billion; EBIT before one-off up eight percent to... more
Finance and economyAirplanes and finance. American Airlines Group reports its 3Q15 results
Fort Worth, Usa - Repurchased USD 1.56 billion of common stock
American Airlines Group reported its third quarter 2015 results. - Reported record quarterly net profit of $1.9 billion excluding net special charges, a 54 percent increase versus the third quarter... more
Finance and economyItalian Finance Ministry: the initial public offering of the ordinary shares of Poste Italiane (interests in Alitalia) successfully ends
Rome, Italy - With demand that is 3 times over the offer
The Ministry of the Economy and Finance (the "Ministry") and Poste Italiane SpA (“Poste Italiane” or the “Company”) announce completion of the Global Offering of Poste Italiane's ordinary shares for the... more
Finance and economyAirplanes and finance. United Airlines announces third-quarter profit
Chicago, USA - Revenue, capacity, costs, liquidity and capital allocation
United Airlines (UAL) today reported third-quarter 2015 financial results. - UAL reported third-quarter net income of $1.7 billion, or $4.53 per diluted share, excluding special items. - Including... more
Finance and economyAirplanes and helicopters. Boeing reports strong third-quarter results
Chicago, Usa - Raises revenue, EPS and Cash Flow Guidance
Boeing reports strong Third-Quarter Results; Raises Revenue, EPS and Cash Flow Guidance. -- Core EPS (non-GAAP) rose 18 percent to $2.52 on strong operating performance; GAAP EPS of $2.47 -- Revenue... more
Finance and economyItalian MEF: the privatization process of Poste Italiane (interests in Alitalia) started today
Rome, Italy - Through an offering that comprises a public offering just under 40% of the company's share capital
The privatization process of Poste Italiane SpA (“Poste Italiane” or the “Company”) that started on October 12, 2015, will be carried out through an offering that comprises a public offering to retail... more
Finance and economyItalian MEF: the privatization process of Poste Italiane started today
Rome, Italy - Through an offering that comprises a public offering just under 40% of the company's share capital
The privatization process of Poste Italiane SpA (“Poste Italiane” or the “Company”) that started on October 12, 2015, will be carried out through an offering that comprises a public offering to retail... more
Finance and economyFinmeccanica: rescheduling of financial calendar for 2015
Rome, Italy - The BoD' meeting will be held on Tuesday 3 November 2015 (instead of Thursday 5)
Finmeccanica informs that, as partial amendment to the Financial Calendar released on 23 December 2014, the Board of Directors’ Meeting to approve the Interim Financial Report at 30 September 2015 will b... more
Finance and economySchiphol Group has placed an 11 year EUR 300 million Eurobond
Amsterdam, Holland - It was issued by NV Luchthaven Schiphol on behalf of the Group
Today Schiphol Group launched and priced a senior unsecured 300 million EUR bond offering due 5 October 2026 and with a coupon of 2.000%. The bond was issued by NV Luchthaven Schiphol on behalf of Schiphol... more
Finance and economyAirplanes. Etihad Airways and partner airlines' fundraising transaction increased to USD 700 million
Abu Dhabi, UAE - Following a surge in demand from international financial institutions
Etihad Airways and its equity partner airlines have increased the funds raised from their unique platform financing transaction to USD 700 million following a surge in demand from international financial... more
Finance and economyFinmeccanica reconfirmed to the Dow Jones Sustainability Indices World and Europe
Rome, Italy - For the sixth year in a row; total score improved compared to last year
Finmeccanica is named to the prestigious Dow Jones Sustainability Indices (DJSI) World and Europe 2015, which reward the companies most committed to sustainability, marking the sixth consecutive year. Through... more
Finance and economyCALC announces 2015 interim results "(Specials" by AVIONEWS)
Hong Kong, China - Income surges 47.0%
China Aircraft Leasing Group Holdings Limited (“CALC” or the “Company”), the largest independent operating aircraft lessor in China, yesterday announced strong financial and operating results of the Com... more
Finance and economyAirplanes and helicopters. Finmeccanica: documentation relating to mergers and spin-off available to the public
Rome, Italy - The annual reports for the last three financial years of the companies involved in the operations are furthermore available at the Company’s headquarters
Finmeccanica advises that, pursuant to Article 70 of Consob “Issuers’ Regulation”, the documentation relating to the merger by incorporation of OTO Melara SpA and Whitehead Sistemi Subacquei SpA into... more
Finance and economyAircraft and carriers. Austrian Airlines achieved jump in earnings in the Second Quarter finance results
Milan, Italy - Close to five million passengers flew with the airline in the first six months of 2015
In spite of the crises in the East, Austrian Airlines generated clearly positive earnings of EUR 36 million in the second quarter of 2015. Due to the traditionally weak and loss-making first quarter, earnings... more
Finance and economyFinmeccanica: filing of documentation Half-Year Financial Report
Rome, Italy - It is available at its headquarters, at Borsa Italiana SpA on the Company’s website
Finmeccanica advises that the Half-Year Financial Report at 30 June 2015, complete with the Independent Auditors Report on the condensed Half-Year Financial Statements, is available at the Company’s h... more
Finance and economyAirports. Autogrill: the BoD approves the consolidated results to 30 June 2015 ("Specials" by AVIONEWS)
Milan, Italy - The Group carried forward its strategy of expansion in the airport channel
The board of directors of Autogrill approves the consolidated results to 30 June 2015. Results for 1st half 2015 - Consolidated revenues: €1,966.6m vs €1,787.3m in 1st half 2014 - Consolidated Ebi... more
Finance and economyAircraft. Airbus Group reports solid half-year (H1) 2015 results ("Specials" by AVIONEWS)
Amsterdam, Holland - A-400M aircraft deliveries resumed
Airbus Group reports solid Half-Year (H1) 2015 results. The highlights: · Revenues € 28.9 billion, EBIT before one-off € 1.88 billion: both rise 6% · Earnings per share up 34 percent to € 1.9... more
Finance and economyAircraft. Embraer releases second quarter 2015 results ("Specials" by AVIONEWS)
São José dos Campos, Brazil - The highlights
The Company's operating and financial information is presented, except where otherwise stated, on a consolidated basis in United States dollars (US$) in accordance with IFRS. The financial data presented... more
Finance and economyFinmeccanica: the BoD approves the Half-Year Financial Report at 30 June 2015 ("Specials" by AVIONEWS)
Rome, Italy - EBITA +45% and EBIT +93% compared to first half 2014
The Board of Directors of Finmeccanica, convened today under the chairmanship of Gianni De Gennaro, has examined and unanimously approved the Half-Year Financial Report at 30 June 2015. There was considerable... more
Finance and economyFinmeccanica entered with Hitachi into an Amendment of the Sale and Purchase Agreement of its 40% owned in Ansaldo STS
Rome, Italy - Six directors designated by the Group have resigned
Finmeccanica informs that it has entered yesterday with Hitachi Ltd into an Amendment of the Sale and Purchase Agreement of its 40% owned in Ansaldo STS SpA as communicated to the market on February 24th. For... more
Finance and economyUAL reports $1.3 bn 2Q2015 profit excluding special items; $1.2 bn profit including special items
Chicago, Usa - Company announces additional $3 billion share repurchase program
United Airlines (UAL) today reported second-quarter 2015 net income of $1.3 billion, or $3.31 per diluted share, excluding $67 million of special items. Including special items, UAL reported second-quarter... more
Finance and economyFinmeccanica: periodic communication on the share buyback programme
Rome, Italy - As part of the share buyback programme authorised by the Shareholders’ Meeting held on 11 May 2015
As part of the share buyback programme authorised by the Shareholders’ Meeting held on 11 May 2015, Finmeccanica acquired on the Italian Stock Exchange (M.T.A.) 200,000 of the Company’s ordinary shares (ap... more
Finance and economySaab’s results January-June 2015
Linkoping, Sweden - Continued strong order bookings
Statement by the President and CEO Håkan Buskhe: At the end of June, Saab received an order from the Swedish Defence Materiel Administration (FMV) for the construction of two next generation submarines,... more
Finance and economyFinmeccanica SpA announces final results with respect to the tender offer for certain of its notes ("Specials" by AVIONEWS)
Rome, Italy - The offers expired at 4.00 pm (London time) / 5.00 pm (CET) on Wednesday, 15 July 2015
Further to its prior announcements, Finmeccanica S.p.A. (the "Issuer" following substitution of Finmeccanica Finance SA as issuer of Notes issued under the Euro Medium Term Note Programme originally established... more
Finance and economyFinmeccanica launches share buyback programme
Rome, Italy - Currently the Company holds no. 32,450 ones, equal to approximately 0.0056% of its share capital
Pursuant to Article 144-bis, paragraph 3, of the Issuers’ Regulation, Finmeccanica advises its intention to launch the share buyback programme implementing the resolution adopted by the Shareholders’ Mee... more
Finance and economyAircraft. IATA: airlines financial monitor ("Specials" by AVIONEWS)
Montreal, Canada - Key points
IATA (International Air Transport Association) unveils the June report of the Airlines Financial Monitor. Key points: - Airline share prices have been falling because of investor profit taking, particularly... more
Finance and economyFinmeccanica SpA announces an invitation to purchase certain notes for cash ("Specials" by AVIONEWS)
Rome, Italy - The Offers are made upon the terms and subject to the conditions contained in the tender offer memorandum dated 8 July 2015
Finmeccanica SpA (the "Issuer" following substitution of Finmeccanica Finance SA as issuer of Notes issued under the Euro Medium Term Note Programme originally established by Finmeccanica Finance SA, as... more
Finance and economyFinmeccanica: renegotiated the five-year revolving credit facility
Rome, Italy - With a significant reduction of the margins and positive effects expected on the financial charges
Finmeccanica signed today the renegotiation of the current revolving credit facility. The renegotiation envisages the payment of a spread of 100bp above Euribor, 80bp less than the previous conditions.... more
Finance and economyAircraft. IATA: airline profitability strengthens further
Miami, USA - Major contrasts in regional performance
The International Air Transport Association (IATA) announced an upward revision of its 2015 industry outlook to a $29.3 billion net profit. On expected revenues of $727 billion, the industry would achieve... more
Finance and economyEtihad Airways welcomes ‘A’ rating by Fitch
Abu Dhabi, UAE - With a Stable Outlook
Etihad Airways, the national carrier of the United Arab Emirates, has welcomed the announcement that it has been assigned the rating of ‘A’ with a Stable Outlook, by Fitch Ratings. Fitch Ratings, one... more
Finance and economyAirplanes and finance. Etihad Airways: fourth consecutive year of net profit
Abu Dhabi, UAE - Up 52 per cent to US$ 73 million
Etihad Airways unveils its financial results. The highlights are: - Revenue soars to USD 7.6 billion on back of record passenger and cargo volumes. - Passenger demand and revenue growth continues... more
Finance and economyAutogrill: shareholders' meeting approved 2014 financial statement
Milan, Italy - Appointed new Board of Statutory Auditors and new legal audit firm for 2015-2023 period
Meeting today in an ordinary session under the chairmanship of Gilberto Benetton, the shareholders of Autogrill SpA examined and approved the financial statement for 2014 and voted to write all the profits... more
Finance and economyAircraft and economy. Ansaldo: the activity blocked for a year? The felays by the Chinese antitrust
Milan, Italy - Concern about the future of STS and Breda by workers and managers
After about EUR 2 billion spent by the Japanese Hitachi for the purchase of the two Ansaldo (Breda and Sts, Ed), expectations were for a fast closing of the sale, to enable the Italian Group Finmeccanica... more
Finance and economyAircraft and Finmeccanica: what will be the future divestitures Group?
Rome, Italy - Besides Selex ES, the possible "Candidates" are DRS and MBDA; the Italian industrial heritage at risk?
After the sale of the transport sector to the Japanese Hitachi, other companies controlled by Finmeccanica would risk of being sold for "Making cash and reduce the debt" (cit.) of the Italian industrial... more