Finance and economy
3,230 news found
Finance and economyOVER 1000 JOBS WILL BE CUT BY SWISSAIR ALWAYS IN RED
ZURICH, SWITZERLAND, After the announcement of losses for 234 SFRm, the shares of Swissair Group lose 8.68% at Zurich Stock Exchange, at 100 SFR. In the last year the former SAir Group declared profits... more
Finance and economySNECMA GOES TO STOCK EXCHANGE
LE BOURGET, PARIS, The French industry Snecma, specialized in aviation and aerospace engines, has been quoted in Paris Stock Exchange for a 25% of its capital. According to French Prime Minister Lionel... more
Finance and economySWISSAIR LOOSE 4% AT ZURICH, LUFTHANSA THE SAME AT FRANKFURT
ZURICH,SWITZERLAND, A net loss of 4% has been registered by Swissair Group at Zurich Stock Exchange after the announcement of a possible bankrupcy of its controlled French airline Aom/Air Liberté, which... more
Finance and economyROCKWELL COLLINS AWARDED A OVER 16 USDM CONTRACT
USA, Rockwell Collins Inc., Cedar Rapids, Iowa, is being awarded a contract with an estimated cumulative total of $16,763,245 for IFM modules to be used with AN/ARC-201 SINCGARS tactical airborne ATG... more
Finance and economyNORTHROP AWARDED A NEAR 7 USDM CONTRACT
USA, Northrop Grumman Corp., Bethpage, N.Y., is being awarded a USD 6,900,000 contract for three outer wing panels for the U.S. Navy E-2C aircraft. Work is expected to be completed by March 2005. more
Finance and economyRAYTHEON MISSILE SYSTEMS AWARDED A NEAR USD20M MODIFICATION CONTRACT
USA, Raytheon Missile Systems, Tucson, Ariz., is being awarded a USD 19,845,344 modification to a previously awarded contract with the Naval Air Systems Command, Patuxent River, for an engineering change... more
Finance and economyLITTON AWARDED NEAR 9 USDM CONTRACT
USA, Litton Systems Inc., San Carlos, Calif., is being awarded a USD 8,939,423 (estimated) contract by Ogden Air Logistics Center, Hill AFB, Utah, to provide for three years of repair services for the... more
Finance and economyFENN MANUFACTURING AWARDED OVER 12 USDM CONTRACT
USA, Fenn Manufacturing Co., Newington, Connecticut, is being awarded a $12,542,600 delivery order by U.S. Army Aviation & Missile Command, Redstone Arsenal, Alabama for 68 rotary wing heads to support... more
Finance and economyAUSTIN CO AWARDED A OVER 21 USDM CONTRACT
USA, The Austin Corporation, Houston, Texas, is being awarded a over 21USDm contract by the U.S. Army Engineer District, Tulsa, Oklahoma for the design and construction services of a one-bay facility... more
Finance and economyBAE SYSTEMS' SHARES GO DOWN ON THE STOCK EXCHANGE
LONDON, GREAT BRITAIN, After the announcement of BAe Systems' entry in the new European missilistic pole, Mbda, BAe registered a 4,5 pence lost on the 334,5 pence value in the stock exchange. Mbda incudes,... more
Finance and economyUSA-CHINA: TRADE RELATIONS DETERIORATED AFTER HAINAN ACCIDENT?
CHINA, What is the load of the American fighter question in the normal Usa-China trade relations? Before the US crew was finally released only two days ago, Beijing entrance in WTO (World Trade Organization),... more
Finance and economyPOSSIBLE AGREEMENT BETWEEN NORTHWEST AND ITS MECHANICS
USA, After many years the dispute between Northwest Airline and the 10000 mechanics asking for a new contract seems to have arrived to an end. President Bush appointed a Presidential Emergency Board... more
Finance and economyREQUEST FOR RESTRUCTURING
NEW YORK, Iata General Manager Pierre Jeanniot opened last week the International Air Transport Association (IATA) finance section of 2001 inviting the airlines to a swift firm restructuring. The... more
Finance and economyALENIA MARCONI JOINS ''TEAM JANUS'' FOR ANTI-MISSILE DEFENCE
ROME, ITALY, Alenia Marconi Systems joined yesterday the "Team Janus" reserved to participate to Nato's competition for the realization of the pre-feasible study of the future anti-missile integrated defence... more
Finance and economyEU: E17,5 BILLION TO RESEARCH AND DEVELOPMENT
BRUSSELS, In order to reach USA and Japan results, the European Union allocated a bottom of E17.5 billion assigning to the research and the development: part of the financings will go to the aeronautics... more
Finance and economy8% RAISE OF LOCKHEED SHARES
NEW YORK, USA, Lockheed Martin shares registered a value increase of about 8% in Wall Street stock exchange, after some extensive costs-reducing measures, involving less interests, fiscal and pension expenses,... more
Finance and economyDECEMBER TRAFFIC SEEN WEAK AT U.S. AIRLINES AMID ECONOMIC SLOWDOWN
U.S.A., U.S. airline traffic declined sharply during the first three weeks of December in a possible sign the slowdown is finally taking a toll on an industry that traditionally lags the economy. Domestic... more
Finance and economyDEVELOPING COUNTRIES: DEBTS FOR WEAPONS, EXECUTIVE AIRCRAFTS, OFFICIAL SHIPS TO BE ERASED
ROME, The italian minister of Finance Vincenzo Visco said the debts of developing countries including arms, military systems and official goods, as executive aircrafts, expensive cars, telecommunication... more
Finance and economyONE THIRD OF ONLINE-SALES BELONGS TO TRAVEL CATEGORY
USA, According to a report of eMarketer Inc online travel revenues this year will reach one third of total online annual sales. The amount is expected to go up to USD$12.4 million. more
Finance and economyALITALIA SHARES RISE 3,4% BY GOSSIP OF RATE EXCHANGE WITH SWISSAIR
ROME, Alitalia shares this morning registered a 3,4% rise at italian stock exchange as consequence of the gossip reporting a possible agreement between the italian airline and Swissair. Alitalia officials... more
Finance and economyGEMINA, ADR RISES WORKING CAPITAL
ROME, Gemina announced a Euro 208 to 260 rise of working capital, which will feed new projects of the group owning Adr. more
Finance and economyDEUTSCHE POST AIMING AT INCREASING DHL SHARES: NEGOTIATIONS WITH JAPAN AIRLINES
BERLIN, Deutsche Post is aiming at increasing its Dhl block of shares. Dhl is the first worldwide forwarding agency. Deutsche Post, togehter with Lufthansa, already owns 25% of the agency. Its strategy... more
Finance and economyALITALIA OUT OF TOP RANKING
MILAN, The Mib 30 index of Piazza Affari has been renewed as always and the national airline went out of the group of the best 30 shares, it was replaced by the publishing group "l'Espresso". The new index... more
Finance and economyAPPROVED FINANCIAL SUPPORT FOR GALILEO
ROME, Enav President, the national company of flight assistance, Luciano Mancini, commented positively that Senate approved the law for finanacial support of italian participation to "Galileo" project;... more
Finance and economyIBERIA: DROP OF PROFITS IN 1999
MADRID, Iberia, the spanish airline, reached in 1999 a gross gain of 30 millions pesetas, nearly 180 millions USD. It is a real landslide, a decrease of 52,5% compared to the previous year, 1998. British... more
Finance and economyGERMANY AND FRANCE SIGN AGREEMENT FOR SATS AND AIRBUS A 400M
MAINZ, German Chancellor Schroader and french President Chirac concluded an agreement of common development of reconnaissance sats system. Schroeder confirmed german intention of buying Airbus A 400M as... more
Finance and economySOON DECISION ABOUT ADR
ROMA, It is oncoming the choice of Iri about the three pretenders to purchase the 51 per cent of Adr, Rome Airports Company. It seems dutch Schipol made recently an offer higher than the others. The holding... more
Finance and economyFAIRCHILD AND EMBRAIR REAP ORDERS FOR 8M USD
BERLIN, Fairchild and Embraer, regional jet manufacturers, collected orders for 300 aircrafts worth 8 billion USD. Fairchild Dornier reaped the largest order in its history, all for 728JET regional jets,worth... more
Finance and economyEADS IS GOING TO ISSUE SHARES
BELINO, A chunk of EADS, the syndicate gathering together Aerospatiale Matra, DaimlerCrysler Aerospace and Casa, the 34 %, will be offered to shareholders in a takeover bid taking place in the next weeks.... more
Finance and economyFAIRCHILD TAKES A THIRD OF REGIONAL FLIGHTS MARKET
BERLIN, The delicate sector of regional air transport (aircrafts with usually less than 100 seats), is expanding thanks to the raising demand of aircrafts for that type of short-range transport. in this... more