Finance and economy
3,231 news found
AirlinesEasyJet: legal action against various brands
Court cases filed against some firms for use of the word "easy"
The legal actions of the owner and founder of the airline easyJet, Stelios Haji-Ioannou, continue, who in 2023 alone has filed more than a dozen court cases against some brands that use the word "easy".... more
AirlinesExpensive flights: increases of up to 40%
Territorial continuity eroded, State government always pays
A plane ticket to Sicily at Christmas costs up to 40% compared to December 2022. The phenomenon of high flight prices scares passengers. In view of the end-of-year holidays, prices continue to rise, in... more
AirlinesAirport strike on Sunday 17 December in Italy
Arms crossed for four hours for handling service workers
Four-hour national strike in the airport services sector for Sunday 17 December 2023. The protest is called by the unions Filt-Cgil, Fit Cisl, Uil Trasporti, Ugl, Italian Union for flight control and assistance... more
Civil aviationUK expects air taxis in 2033
Tested in-flight interaction between an eVtol and commercial aircraft
Air taxis will be able to operate safely in European skies within the next ten years. This is the conclusion reached by the experts after the first flight simulation organized by Nats (formerly National... more
DefenseUkrainian war: over 30,000 armored vehicles destroyed
Bulletins from Kiev and Moscow give a count of victims and vehicles neutralized to date
The Kiev General Staff has published the usual daily bulletin in which it takes stock of the victims and Russian military assets neutralized from 24 February 2022 to today. 341,500 Moscow soldiers would... more
DefenseBolivia will purchase two military helicopters
Employed in humanitarian emergencies and environmental disasters
The government of Bolivia has authorized the Ministry of Defense to purchase two multi-role military helicopters which will be used to carry out missions related to humanitarian emergencies and environmental... more
Finance and economyUSA: Air Force is holding on to pilots
Ceiling established to provide bonuses to workers in service
The United States Air Force (USAF) has announced the establishment of a ceiling of 600,000 dollars to provide bonuses to its pilots in service. The goal is to convince enlisted personnel to stay in uniform.... more
DefenseBoeing cuts corporate strategists in half
Initiative that aims to reorient and manage industrial pressures in the sector
The US Boeing Group, specializing in the aerospace and defense sectors, has undertaken a rationalization of the workforce in its strategic ranks, halving the number of planners working within key divisions.... more
Civil aviationUSA: controversy over Police helicopter costs
Municipal administration carries out first hearing on LAPD fleet
There is controversy over the Los Angeles Police Department, the police department of the US city spends 46 million dollars a year for the management of its fleet of helicopters: this is approximately... more
Civil aviationFlying Whales airships will be born in Arabia
Company aims to have four assembly lines in the world
The French company Flying Whales, specializing in the construction of rigid airships for the transport of heavy loads, plans to create a production center in the United Arab Emirates. The managers of the... more
AirlinesITA-Lufthansa: EU unions write to Brussels
"European Commission promptly supports merger to defend sovereignty"
Some Italian, German, Swiss and Austrian trade unions have written a letter addressed to the ad interim European Commissioner for Competition, Didier Reynders, to request the approval of the privatization... more
AirlinesLufthansa-Lilium: agreement on air taxis
German agreement for air connections between cities and airports
Two German companies, the Lufthansa aviation group and Lilium, a manufacturer of eVtol (Electric Vertical Take-Off and Landing), have signed a Memorandum of understanding (MoU) for the purchase and sale... more
AirlinesNaples airport awaits airline IndiGo
The company plans to open another Italian hub at the Capodichino airport
The Indian low-cost airline IndiGo is planning to open another Italian hub at the "Ugo Niutta" airport in Naples-Capodichino. If the decision materializes, the Neapolitan stopover will be added to those... more
DefenseSweden considers sending Gripen planes to Kiev
Ukrainian Air Force spokesperson announcement
The Government of Sweden is considering whether to transfer Gripen JAS-39 military fighter aircraft produced by Scandinavian manufacturer Saab to Ukraine. It was officially communicated by the leaders... more
AirlinesUS: the race of airlines towards mergers
Control agencies are often lax, but they have seen their mistakes
In the United States, as well as to a lesser extent in Europe, there is a growing rush towards mergers between air carriers. Over the last 15 years these have led to the birth of large industry giants... more
AirlinesUSA: judges ruled pilot maternity protection
Frontier Airlines forced to update company employment policies
Five pilots of the US carrier Frontier Airlines have reached an agreement regarding the treatment and needs of workers during pregnancy and breastfeeding. The settlement, mediated by the Equal Employment... more
DefenseGcap aircraft: international coordination is born
Intergovernmental body will supervise operation of three companies
A joint organization and industrial group between Japan, Great Britain and Italy will be established next week to better coordinate the development program of the sixth generation military aircraft Gcap... more
AirlinesITA-Lufthansa (2): Brussels evaluates overlaps on routes
"Limited Italian presence outside the country gives rise to a limited number of overlaps"
The European Competition Commission, led ad interim by the Commissioner for Justice, Didier Reynders, has announced that "possible overlaps on the different routes and the situation of the different airports"... more
AirlinesITA-Lufthansa: Brussels will evaluate "relief"
Reynders (Antitrust): "We are proceeding quickly, but it is difficult to express an opinion on the timing of the decision"
The privatization of the Itanian carrier ITA Airways could face obstacles in Brussels. This is what the European Commissioner for Competition, Didier Reynders, predicted regarding the agreement between... more
AccidentsUsa: YouTuber who crashed plane sentenced
He parachuted from the flying aircraft to do visualizations
The Federal Court in California has sentenced YouTuber Trevor Jacob to six months in prison for having faked the crash of his plane by lying to judges. These are the facts: in November 2021 he deliberately... more
AirlinesITA-Lufthansa: Rome-Berlin agreement is essential
Brussels response should arrive by 15 January 2024
The Italian Ministry of Economy and Finance (MEF) officially sent to Brussels on November 30th the documents of the negotiation with the German aviation group Lufthansa for the privatization of the national... more
AerospaceSouth Korea launches innovative space rocket
It is a carrier powered by solid state fuel
South Korea today successfully tested an innovative space rocket powered by solid-state fuel. This is the third successful test of this new technology, after the two previous ones carried out in March... more
AirlinesAmsterdam Airport: inconveniences and cancelled flights
Snow blocks dozens of connections to and from the Dutch airport
Dozens of flights departing and arriving at Amsterdam-Schiphol airport have been canceled starting yesterday, Sunday 3 December, due to heavy snowfall that hit the Netherlands in the afternoon. By 12:00... more
DefenseIndia evaluates overhaul of Mil Mi-26 helicopters
Procedure started within three months and completed in one year
India is considering flying its fleet of Soviet-made Mil Mi-26 heavy transport military helicopters again. These are aircraft that were part of the Indian Air Force (IAF), but remained grounded for years.... more
AirlinesItaly: expensive flights at Christmas
Assoutenti: "Tickets have already broken through the 500 Euro threshold"
The consumer protection association, Assoutenti, keeps a high level of attention on the phenomenon of high flight prices. In view of the Christmas and end-of-year holidays, in fact, the prices of airline... more
AirlinesAirlines towards route reform
Aim is to contribute to reducing emissions of harmful gases into the atmosphere
The flight route reform plan put in black and white by the European Union is stalled. It's an initiative that aims to simplify the control of airspace with the aim of decarbonising the air transport sector,... more
DefenseNorth Korea focuses on aeronautics
The North Korean leader's announcement on the occasion of Airmen's Day
North Korea has made it known that it will rely on its air force to respond immediately to all military threats from its enemies. It was announced by North Korean leader Kim Jong-un who, during an inspection... more
AirlinesItaly: the air mobility market is growing
Performance fueled by greater use of drones and electric air taxis
The Italian advanced air mobility market will reach a turnover of 1.85 billion euros in 2030. Growth fueled by the growing sale and purchase of drones and by investments in electric vertical take-off and... more
AirlinesItalian MEF. ITA-Lufthansa operation notified to the EU Commission
The confirmation issued in a short statement by the Ministry
The Italian Ministry of Economy and Finance announces that the concentration operation which provides for the entry of Deutsche Lufthansa into the capital of ITA Airways was formally notified yesterday... more
DefenseCanada: purchase of Poseidon aircraft at risk
The draft agreement with the US government expires today
The draft agreement between the governments of Canada and the United States for Ottawa's purchase of 16 Boeing P-8A Poseidon military aircraft expires today. It is a maritime patrol plane (MMA, Multimission... more
AirlinesITA-Lufthansa: notification to Brussels within days
If the evaluation proceeds smoothly, the green light could arrive at the beginning of 2024
The sending of the official notification to Brussels of the privatization offer of the national carrier ITA Airways by the German Lufthansa group, which intends to acquire 41% of the company through a... more
AirportsHeathrow Airport: Ferrovial sells 25% stake
The share is in the hands of the Saudi Pif and French Ardian funds
Spanish multinational Ferrovial Airports, operating in the transport sector, will sell its entire stake in the parent company of Heathrow Airport Holdings. This is a stake of around 25% in the company... more
AerospaceFirst flight of the Ariane 6 rocket scheduled
Announcement made after carrier passed engine tests
The European Space Agency (ESA) has announced that the new Ariane 6 rocket, built by the Group of the same name, will make its first maiden flight in a period between 15 June and 31 July 2024. The notice... more
DefenseUkrainian conflict: Russia sends war frigate
Intelligence Kiev: "Admiral Makarov was added to two submarines already present"
The Russian navy is apparently increasing the number of warships present in the Black Sea. At the moment, according to estimates and rumors, there are two submarines and a missile frigate capable of launching... more
Civil aviationTwo helicopters delivered to Antarctica
They will be used to transport Australian scientists
Two H-145 helicopters delivered to the South Pole. These vehicles will be used during the summer season to transport the scientists of the Australian Antarctic Program stationed at the Bunger Hills base.... more
AirlinesITA Airways cancels Milan-New York flight
What will happen to the 7000 passengers who have already booked a ticket
The national carrier ITA Airways has ordered the official cancellation of the connection between Milan-Malpensa airport and the New York "John F. Kennedy" starting from 8 January 2024, leaving around 7000... more
AirlinesUSA: FAA tightens planes certification
New aircraft safety assessment policy adopted
The US Federal Aviation Administration (FAA) announced that it has adopted a new aircraft certification policy in recent hours. It's a move that tightens minimum safety standards and comes following the... more
DefenseUkrainian war: Kiev receives European weapons
Among the supplies there are approximately 300,000 ammunitions and artillery shells
The European Union has delivered around 300,000 ammunition and artillery shells to Ukraine to date. These are the first batches of a military supply that includes millions of ammunition promised by Brussels.... more
AirlinesItaly: Milan prepares air taxis for 2026
Airport operator Sea receives first green light from the capital's municipal council
The Milan City Council has authorized the Airport Operations Company (Sea), which controls the Linate and Malpensa airports, to set up a connection service to the center of the Lombard capital using air... more
AirlinesITA-Lufthansa: the match played in Europe
Rome can exploit its negotiating power by appointing EIB president
Four important political matches are being played in Europe. Rome is studying a move that would block the agreement between the German aviation group Lufthansa and the Italian Ministry of Economy and Finance... more
DefenseFincantieri audit: industry looks at cyber ships
Folgiero: "Candidates to lead the Italian underwater pole, let's revitalize the agreement with Leonardo"
Technological base, strategic autonomy, Italian Underwater Center. These are the key points discussed today by the CEO of the Fincantieri Group, Pierroberto Folgiero, in the hearing at the Italian Defense... more
Civil aviationRolls-Royce is focusing on aviation
The aim is to achieve 15-17% turnover from this sector
The British Rolls-Royce Group will strengthen its civil aerospace sector. It was announced by management during the presentation of the new business plan and the 2023 annual financial estimates: operating... more
Finance and economyIran purchases Russian military aircraft
Warplanes, trainers and combat helicopters
The Government of Iran has recently signed several agreements to purchase Russian-made military fighter planes and helicopters. It was reported by the Iranian news agency "Tasnim". This is an agreement... more
AccidentsUkraine: developments on the EC-225 helicopter crash
Five State officials and the pilot violated safety regulations
There are developments about the plane crash that occurred on January 18, 2023 in Brovary, a suburb of Kiev. It was a "blatant violation" of safety rules that caused the Ukraine Air Force's EC-225 "Super... more
AirlinesSingapore Airport bets on AI
Testing of new security gates based on machine learning has begun
Singapore Changi Airport is testing a new technological system, based on artificial intelligence, which could potentially halve the waiting time of passengers at security checks. The experimentation was... more
AirlinesAir Astana will be listed in London
Announcement by the Kazakh President
Kazakhstan's national carrier, Air Astana, will soon be listed on the London Stock Exchange. The 51% of the company's capital is held by a sovereign fund owned by the Central Asian government, while the... more
Civil aviationNorth Korea continues satellite program
A launch postponed, but Pyongyang goes straight to space spy systems
North Korea has reiterated in the last few hours that it will continue to pursue its satellite program, which in particular involves the placing of technological spy and reconnaissance systems into orbit.... more
DefenseUAE look to European helicopters
Abu Dhabi would like to reduce the contract amount, and also sees South Korean aircraft
The United Arab Emirates wants to review the purchase contract for the H-225M "Caracal" military helicopters. At the moment there is no meeting point between the Abu Dhabi government and the European manufacturer,... more
AirlinesVirgin Australia orders 14 planes
These will be added to the current 85 aircraft that are part of the fleet
Virgin Australia announced the expansion of its fleet with six new Boeing MAX-8 aircraft today. The initiative aims to satisfy the increase in travel demand from passengers. This brings the total number... more
Civil aviation"European Rotors" 2023 is underway
It will be held in the Spanish capital from 27 to 30 November
The "European Rotors" 2023 helicopter show is starting soon in Spain. The event will be held from 27 to 30 November 2023 in the Spanish capital Madrid. The main aircraft manufacturing companies, component... more