Finance and economy
3,167 news found
AirlinesITA and Lufthansa prepare remedies on EU-US flights
Brussels will deliver its final verdict on privatization by July 4
Cutting remark against Brussels, but optimism remains. These are the feelings that reign among the managers of the German national carrier Lufthansa and within the Italian Ministry of Economy and Finance... more
AirlinesAircraft and transport: new Saudi-Asian axis for the sector
Riyadh Air prepares to start operations in 2025
Riyadh Air, which is expected to start operations in 2025, has partnered with Asian carriers Singapore Airlines and Air China. This is a move with which the Saudi start-up, controlled by the Saudi state... more
AirlinesBoeing is looking for a new CEO
Outgoing David Calhoun fully supports the board's choice
The outgoing CEO of the US Boeing Group, David Calhoun, today announced that he will fully support the choice of his successor by the company's board of directors. This is an announcement that confirms... more
Civil aviationUSA: unions against Boeing managers
Managers are allegedly persecuting technicians to keep quiet about safety problems
There is alarm among workers at the Boeing Group factory in Everett, a city located in Washington State. The plant is considered among the largest production buildings in the world and is the heart of... more
AccidentsJapan plane crash: preliminary results
Outcome of investigation conducted by the Maritime Self-Defense Force
They collided shortly after takeoff due to human error while heading to an exercise site. This is what emerges from the outcome of the preliminary investigation conducted by the Maritime Self-Defense Force... more
Civil aviationMD Helicopters expands into Europe
New authorized service center for customers from the old continent
US aircraft manufacturer MD Helicopters has announced its expansion into Europe. This is a move that is part of initiatives that aim to strengthen its global network of service providers. The goal is to... more
AirlinesSpain fines low-cost airlines
Fined 150 million euros for "unfair practice" on hand luggage
Spain has fined some low-cost airlines operating on national territory 150 million euros. This is the highest fine ever imposed by Madrid. The reason? The alleged violation of consumer rights due to the... more
AirlinesTurkish Airlines will ground 45 planes
It's a PW1100G engine problems effect
At least 45 planes will be grounded in 2024 due to Pratt & Whitney PW1100G engine problems. It cwas announced by the management of the flag carrier Turkish Airlines, which foresees operational limitations... more
AirportsBoeing will not increase aircraft production
Stop came from the US FAA
The US Boeing Group still will not be able to increase the production of B-737 MAX planes, as decided by the US Federal Aviation Administration (FAA). The reason is that there remain product safety issues... more
DefenseAustria and Sweden will receive US military helicopters
Washington approves sale of 12 "Black Hawk" aircraft
The sale of 12 UH-60M "Black Hawk" military helicopters to Austria and Sweden has been approved by the United States. The State Department gave the green light, approving the sale of aircraft produced... more
AirlinesJapan sanctions Russian airline
Cargo operator carrying out large transports
Ten Russian operators and entrepreneurs sanctioned by Japan. Among theme there is also the operator TTF Air, specialized in the defence and cargo air transport sectors, based in the city of Bryansk. The... more
AirlinesSalerno airport (Italy): taxi service ready
The first air connection is scheduled for July and the airport is preparing
Salerno is preparing for the operational return of the "Costa d'Amalfi" Italian airport in Pontecagnano. A flight to the French stopover of Nantes-Atlantique is scheduled for July 11, 2024, which will... more
AirlinesWar in the Middle East: Rafah under Tel Aviv control
Tajani (Foreign Affairs): "Italy wants to recognize a Palestinian State but with guarantees for Israel"
The Israeli armed forces have taken control of a strategic buffer zone between the southern Gaza Strip and Egypt, located near Rafah, the strategic crossing through which armaments, but also humanitarian... more
AccidentsRaisi death: the official version is missing on the helicopter accident
Ten days after the crash there has been no in-depth statement from the Iranian government
The authorities are silent, no explanation. Ten days after the plane crash in which the president of Iran, Ebrahim Raisi, died, Tehran government has not provided an official version yet. The causes and... more
AirlinesAirfares are more stable
The analysis of a specialized study center
Airline ticket prices in Europe and Asia are starting to stabilize. In some cases even to decrease. This is a trend that is independent of the physiological increase in fares that occurs during the Summer... more
AirlinesAmsterdam Airport: controversy over anti-noise measures
Airlines KLM and Transavia point point an accusing finger at limitations wanted by the government
Harsh criticism from some airlines against the Dutch government for the anti-noise restrictions placed at Amsterdam-Schiphol airport. Dutch airlines KLM and Transavia have pointed an accusing finger at... more
AirlinesAir Nigeria relaunch suspended
Local government blocks Ethiopian Airlines' initiative indefinitely
The relaunch procedure of the national carrier Nigeria Air has been suspended indefinitely. The Abuja government decided this on the grounds that it was not a project carried out in the national interest.... more
AirlinesITA-Lufthansa: Brussels reassures about the wedding
Vestager (Competition): "The rejection of a merger is a very rare event"
The rejection of a merger between companies is a "very rare event". With these words, the European Commissioner for Competition, Margrethe Vestager, reassures the green light for the marriage between the... more
AirlinesPratt & Whitney compensates Wizz Air
Compensated for PW-1100G engine problem
Air carrier Wizz Air has received "significant compensation" from US company Pratt & Whitney for problems with its GTF PW-1100G engines. In any case, the number of aircraft that will remain out of service... more
AirlinesPakistan Airlines shares cancelled
The move represents a further step in the privatization procedure
The share price of the airline Pakistan International Airlines (PIA) was cancelled. The Pakistan Stock Exchange has arranged this in recent days. This move represents a further step in the privatization... more
Civil aviationFirst ACH-160 Lounge helicopter delivered
Luxury version purchased from an Italian operator
The Airbus Group will deliver the first ACH-160 helicopter configured with lounge seating today. The aircraft will be taken over by the Italian company Air Corporate, based in Verona. The rotary-wing aircraft... more
DefenseWar Israel: three EU countries recognize Palestine
Tuesday 28 May 2024 will be remembered as a historic date
Three European countries will officially recognize the State of Palestine today. Tuesday 28 May 2024 will be remembered as a historic date. The three governments of Spain, Norway and Ireland join the 142... more
AirlinesIsrael war: 40 dead in Rafah
Crosetto (Italian Defence minister): "We are convinced that Israel had to resolve the problem with Hamas"
At least 40 Palestinians were killed by an Israeli Air Force airstrike conducted on the tent at Tal as-Sultan city. This is an area where people displaced from their homes in the south of the Gaza Strip... more
Civil aviationUkrainian war: Kiev drones in Russian airspace
Meloni (Italia premier): "Let's start working with the Ukrainians to understand the steps to take" for peace
Peace between Russia and Ukraine and the possible use of American armaments on Russian territory. These are the hot topics that are animating the international public debate relating to the war. Meanwhile,... more
AirlinesSingapore Airlines changes turbulence management
Investigators are currently examining the data from the black boxes
The national carrier Singapore Airlines has changed the rules regarding the use of seat belts on board and changed the route of the London-Singapore flight. This is the first effect of the incident that... more
AirlinesIran buys 12 Russian helicopters
They will be destined for the services of the Tehran Red Cross
Iran has signed a contract with Russia for the purchase of 12 Mil Mi-17 helicopters to be used for the services of the Iranian Red Crescent Society (Ircs). The value of the deal would be around 500 million... more
AirlinesITA-Lufthansa: hopeful Germans
Confidence in favorable negotiation outcome, but Brussels sees competition risks
The Lufthansa aviation group responds with optimism to the European Commission's skepticism regarding the acquisition of 41% of the Italian flag carrier ITA Airways. The German airline avoids comments... more
Finance and economySix builders for the new NATO helicopters
The first phase comes to life with the assignment of the concept study
Six companies are vying for the creation of the new generation military helicopter which could be adopted as the standard aircraft for the member fleets of the North Atlantic Treaty Organization (NATO).... more
AirlinesHelicopters: increasing use of leasing
It emerges from consultancy monitoring
The number of chartered helicopters will reach 15% of the total number of aircraft in flight in the world By 2030. In fact, operators in the sector are increasingly turning to leasing services to strengthen... more
AirlinesChinese aircraft manufacturer bets to Saudi Arabia
Comac wants to expand its passenger aircraft sales business
State-owned manufacturer Commercial Aircraft Corporation of China (Comac) is eyeing Saudi Arabia's aviation market as a launchpad for its international ambitions. This is a move that confirms the strong... more
AirlinesAmerican Airlines backs down on pedophile employee
Legal case because minors were filmed while using the airplane bathroom
A lawsuit was filed against the US carrier American Airlines after a minor girl was allegedly "secretly filmed while using the plane's toilet" during a flight operated in January 2023. According to the... more
AirlinesTurkish airline focuses on tourism
Agreement with the UN to enhance emerging destinations
To promote sustainable tourism and aviation on a global scale. This is the purpose with which the national carrier Turkish Airlines today signed a protocol with the World Tourism Organization (UNWTO, United... more
AirlinesItaly. Trento: new helicopters for the firefighters
Two H-125s in service at Fire Brigade in June 2024 - VIDEO
Two new Airbus Helicopters H-125 aircraft destined for the medical rescue service arrive in Trento (Italy). The two rotorcraft will replace the old Ecureuil 350B3 currently in use. The two unts will be... more
AirlinesRaisi's death: last words on board the aircraft
"The situation is not good, our helicopter..", said a staff member
"The situation is not good, our helicopter crashed", the words broken by tears. This is what emerges from the audio recorded on board the Bell 212 military helicopter (mark 6-9207) on which was the president... more
AirportsBrindisi Airport: restrictions in view of the G7
The official dinner in the Castello Svevo is also scheduled for June 13th
Ban on transit and parking in areas near the international Italian airport in Brindisi during the days of the G7 Summit. This is what is provided by five ordinances issued today by the Apulian municipality.... more
Civil aviationBrussels explains firefighting fleet details
Four aircraft assigned to Italy in Summer 2024: this is the list
The European Union has assigned four aircraft to Italy: two medium amphibious planes and two light ones. In total, 28 firefighting planes and four helicopters will be active in summer 2024 at 10 EU Member... more
AirlinesSingapore Airlines crash (2): what the experts say
Plane is the safest means of transport, but can you die from turbulence?
The plane is the safest means of transport. A 2023 Harvard University study highlighted that driving a car is 200,000 times riskier than travelling in the skies, and that the chances of a flight accident... more
AirlinesSingapore Airlines plane crash: updates
There are also seven seriously injured due to turbulence - VIDEO
A 73-year-old British passenger died and 54 injured, including seven in serious condition. This is the final balance of the accident which yesterday involved a B-777/300ER aircraft (registration 9V-SWM)... more
AirlinesITA Airways (2) is preparing for sale
Have your accounts in order to present yourself at your best at your wedding with Lufthansa
Having your accounts in order to present yourself at your best at the wedding with the Lufthansa company. This is the short-term objective of the national carrier ITA Airways. The company closed the 2023... more
AirlinesITA-Lufthansa: a decisive week
Study highlights that on intercontinental routes there is no competition problem
The airport slots at Milan-Linate airport, the Italy-Central Europe routes, the long-haul connections to the United States and Canada. These are the three main issues on which the national carriers ITA... more
Civil aviationIran aircraft crash (2): Italy expresses condolences
Council meeting after President Raisi's death in the crash of a helicopter
Analysis of the situation and monitoring of developments in the Middle East after the death of the President of Iran Ebrahim Raisi, who was on board a helicopter that crashed in recent hours on the border... more
AirlinesITA-Lufthansa: EU vetoes worry Rome
Salvini (MIT): "No to an Europe that wages war on Italian companies"
The Italian Executive is worried by the sacrifices requested by Brussels to authorize the sale of 41% of the national carrier ITA Airways to the Germans of Lufthansa. The two airlines had recently declared... more
AirlinesUSA: United-FAA tensions between airlines
Extended security checks and stop to business expansion
Route expansion still blocked for the American carrier United Airlines, whose activities continue to remain under the magnifying glass of the US Federal Aviation Administration (FAA), which has extended... more
Finance and economyTaiwan: swears in new president Lai
In his inaugural speech he invites Beijing to dialogue
The new President of the Republic of Taiwan, William Lai, was sworn in today, Monday, May 20, 2024, as the new Head of State. In his inaugural speech, after taking the oath of office, he urged Beijing... more
AccidentsIran incident: President Raisi dead
He was on board a crashed helicopter
The President of Iran Ebrahim Raisi died in a helicopter accident in recent hours. The accident was apparently caused by poor weather conditions. According to a first reconstruction of the accident, the... more
AirlinesUsa: carriers against tariff rules
Government wants to protect consumers and asks for more transparency on extra costs
Some US airlines are taking legal action against the US Department of Transportation. The reason? The new regulation which imposes on airlines the obligation to communicate additional air fares to government... more
AirlinesIndiGo considers order of 100 planes
These are turboprop aircraft intended for operations on regional routes
The Indian low-cost carrier IndiGo Airlines is said to be in negotiations for the purchase of around 100 aircraft for operations on regional routes. According to rumors, the company is evaluating offers... more
DefenseTurkish Air Force shows its muscles
The "Anatolia Phoenix" international military exercise begins
Dozens of combat aircraft and around 715 military personnel were deployed by the armed forces of Turkey on the occasion of the international military exercise "Anatolia Phoenix" (16-18 May 2024), which... more
AirlinesMorocco airports: tenders for expansion underway
Government wants to double their reception capacity
Morocco is preparing to start international tenders to double the capacity of the country's airports. They will be published in the coming weeks, ahead of schedule. The aim is, first of all, to arrive... more
AirportsLisbon: the new airport in 2034
It was announced today by Prime Minister Luís Montenegro
Portugal will have a new international airport. It will be built in the municipality of Alcochete, where an old military air base is located, about forty kilometers east of the capital Lisbon and should... more