Finance and economy
3,190 news found
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
AirlinesAerolíneas Argentinas towards privatization
Pilots and air transport unions protest, national mobilization announced
Argentine air transport unions have said they will oppose plans to privatize national carrier Aerolíneas Argentinas. An initiative strongly supported by the new President of the Republic Javier Milei,... more
AirlinesItaly: air strike today November 24th
A 24 hour mobilization confirmed in the airport sector
Today is a 24-hour national strike in the air transport sector. Arms folded from 00:01 to 11:59pm for employees of companies that offer airport handling services; for ground staff of air carriers; for... more
AirlinesCJ of EU on State aid during the Covid-19 pandemic
The Court dismisses the appeals by Ryanair on support measures by France and Sweden in 2020
In March 2020, France notified the European Commission of an aid measure in the form of a deferral of the payment of civil aviation tax and solidarity tax on airline tickets. That deferral, which benefited... more
AirlinesUSA: disruption expected over the weekend
In view of the numerous return flights after Thanksgiving
The numerous trips booked for Thanksgiving Day (November 23) are causing various disruptions in the air transport sector. This involves not only large airport hubs, but also smaller airports. Such as the... more
AerospaceNorth Korea puts satellite into orbit
South Korean intelligence points an accusing finger at Moscow for support given
North Korea has received help from Russia to put Pyongyang's first military reconnaissance satellite into orbit. The support was promised by President Vladimir Putin during Kim Jong Un's trip to Russia... more
AirlinesTürkiye deals on Eurofighter aircraft
Alternative to impasse with USA for F-16 sale
The Turkish government has announced that it has started discussing the possible purchase of 40 Eurofighter Typhoon aircraft with European states. This is a move that comes after the impasse in negotiations... more
AirlinesITA-Lufthansa: EU operation notification soon
Meloni: after "Problem that Brussels is asking to resolve, we hope for an immediate response"
The Italian Ministry of Economy and Finance (MEF) and the Lufthansa aviation Group are ready to send to Brussels the official notification of the privatization offer of the national carrier ITA Airways,... more
AirlinesUSA: applause for pilots' mental health initiative of FAA
It involves a change in mentality that takes time and will not be immediate
The US Federal Aviation Administration (FAA) is considering a change to monitor the mental health of American airline pilots. The professionals themselves feel they need treatment for depression and are... more
AirlinesSAS avoids bankruptcy
US court approves company rescue procedure
The cut in handling services at airports, the protest of its pilots, the concern of shareholders. More than a year after the announcement of the imminent bankruptcy, in the absence of a serious recapitalization... more
AirlinesJapan Airlines bets on hydrogen
Air carrier objective to decarbonize travel
The Japanese carrier Japan Airlines will focus on hydrogen. The long-term objective is to decarbonise its scheduled air transport activities by 2050. To achieve this goal, the company has signed various... more
AirportsUSA: multiple delays at airports
Important test ahead of the end of year holidays; ranking of worst airports
In the United States, Thanksgiving celebrations are approaching (November 23) and the airports are seeing the first delayed and cancelled flight connections. A phenomenon linked to multiple factors: staff... more
AirlinesUSA: dozens of flights cancelled
The hell week for Thanksgiving begins
The expected hell week for air transport in the United States has got off to a great start. In the main American airports today there are few cancelled flights. It could have been worse, considering that... more
CargoUAE will produce its own helicopters
Decision after dissolution of partnership with Russia
The Strategic Development Fund (SDF) of the United Arab Emirates will independently develop the future VRT-500 and VRT-300 aircraft. This is a decision following the freezing of diplomatic and commercial... more
AerospaceChallenge between two Koreas over spy satellites
By the end of the month, Seoul and Pyongyang will put military systems into orbit
South and North Korea announced, a few hours apart, the imminent launch of domestically produced spy satellites. Seoul and Pyongyang's goal is to put their first space systems into orbit by the end of... more
AirlinesItaly: air strike on November 24th
A 24-hour mobilization throughout the sector: handling, airlines, airports and satellite activities
A 24-hour Italian strike in the air transport sector proclaimed for Friday 24 November 2023. The mobilization was called by the unions Federazione lavoratori aeroportuali italiani (FLAI), Unione sindacale... more
Finance and economyUkrainian war: Kiev dismisses intelligence leaders
Alleged corruption at the State Service of Special Communications and Information Protection
The Council of Ministers of the Ukrainian government has fired the top leaders of the State Service of Special Communications and Information Protection (SSSCP). Specifically, the government led by Volodymyr... more
AirlinesUSA (2): aircraft transport loses quality
One million flights delayed, one in four, 22.33% from January to August
The US air transport efficiency crisis has reached its peak today. The phenomenon has actually been going on for some years, but never before has there been such a high number of canceled and postponed... more
AirlinesIsrael: peace summit in China
Beijing "fully supports" two-state solution
National media reported that Israel occupied the courthouse in the Gaza Strip today. Another move with a high symbolic value after the Tel Aviv military had first entered parliament in recent days and... more
Civil aviationAircraft and traffic: FAA accelerates selection of ATCs
Fewer qualifications and training for new hires, the focus is on beginners and experience
The US Federal Aviation Administration (FAA) has been trying for months to solve the problem of the shortage of air traffic controllers. However, initiatives adopted by the authority have made some experts... more
Civil aviationItaly: Government says no to sale of Microtecnica
Negotiations to sell an Italian-American company to the French Safran
The Italian Government would have said no to the acquisition of the Microtecnica company (Collins Aerospace Group), which produces components for aircraft, by the French company Safran, specialized in... more
AirlinesITA-Lufthansa: notification to Brussels postponed
The dossier was supposed to be sent to the European antitrust authority by November
The sending of documents relating to the privatization procedure of the national carrier ITA Airways has been postponed to early December, with the offer to purchase 41% of the capital by the German aviation... more
AerospaceSecond Starship space rocket test begins
Launch postponed until tomorrow from the base in Texas
Starship's second flight test postponed until tomorrow. The shuttle, the largest in the world ever built to date, will take off from the SpaceX base in Boca Chica, South Texas on November 18 at 2:00 pm... more
Airlines"Dubai Airshow": last day of events
On display are many commercial aircraft, space launch rockets and military aircraft - VIDEO
Fifth and last day of shows at the international exhibition "Dubai Airshow 2023" (13-17 November). Stimulating and eventful days for aviation and military aeronautics enthusiasts, with dozens of performances... more
AirlinesUSA: fine of 40,000 dollars to a passenger
Decision of a federal district court in Arizona
An harassing passenger has been fined 38,952 dollars in the United States, a federal district court in Arizona ruled in favor of American Airlines. The company appealed against the traveler who had argued... more
AirportsTensions in the Balkans over the name of the airport
Croats and Serbs are at each other's throats over dedicate an airport to Ruder Boskovic
There is tension between Croats and Serbs over the new name of Dubrovnik airport, recently dedicated to "Ruder Boskovic", an 18th century intellectual, astronomer, mathematician and polymath, one of the... more
Aerospace"Dubai Airshow": fourth day of events
On display are planes, aerospace systems and many air taxis, of all shapes and sizes - VIDEO
We have reached the fourth day of the international exhibition "Dubai Airshow 2023" (13-17 November). They were intense days for aviation and military aeronautics enthusiasts, with dozens of performances... more
Civil aviationAirships are back in fashion
Three companies are working on building "Pathfinder 1"
Airships will be back in fashion. Three companies are certain of this that are investing in these aircraft, which have now become sophisticated and above all ecological. Among the companies involved in... more
AirportsDubai relaunches the mega airport
Full operation in 2030, in the meantime we are working on expansion projects
The management of the airport management company Dubai Airports said that plans for the expansion of the "Muḥammad Rashid Al Maktum" airport, located on the southwestern outskirts of the city, are being d... more
DefenseEuropean defense industry looks to Africa
The aim is to gain market share among Russian customers looking for alternatives
European companies operating in the defense sector are negotiating new agreements with African countries for the purchase and sale of armaments, military equipment and related services. The goal is to... more
AerospaceAt the "Dubai Airshow" air taxis reign supreme
Images from the stands on the second day of the event - VIDEO
The third day of shows in the skies and on the ground at the international "Dubai Airshow 2023" (13-17 November) kicks off today. Over 1400 exhibitors from 95 countries, 20 pavilions from producing countries... more
AirportsAmsterdam Airport: no limits on flights
Government backs down in the face of pressure from airlines and the EU
The Netherlands renounced its plan to limit the maximum number of flights to and from Amsterdam-Schiphol airport (maximum 450,000 flights per year) in recent hours. It's a government initiative that should... more
AirlinesUSA: FAA gives mental support to pilots
New committee to raise staff awareness and help them report inconveniences
The US Federal Aviation Administration (FAA) has announced that it will create a new committee to support pilots and accompany them through daily challenges that can impact their mental health. The announcement... more
AirlinesIsrael: Italian Foreign Minister heard
Tajani: "I believe the materials we sent are entering Gaza at this time"
The conflict between Israelis and Palestinians, the role of Italy and the issues on the European and international agenda. These are the issues at the center of the hearing, at the joint Foreign Affairs... more
Airports"Dubai Airshow": second day begins
Many new features and technology on display, rockets, engines and planes - PHOTO GALLERY
Second day of shows in the skies and on the ground at the international exhibition "Dubai Airshow 2023" (13-17 November). On display are commercial and military aircraft, planes, helicopters, drones, vertical... more
DefenseRussia-India arms agreement
Moscow gives New Delhi license to produce surface-to-air missiles
Agreement between Russia and India for the supply of Soviet rockets and their production in the Asian country. The contract concerns the production under license of 9K38 Igla-S surface-to-air missiles... more
Civil aviationPlanes and helicopters. EU extends aid for firefighting
Extends funding for Member States until 2027
The Council of the European Union approved the extension In recent hours, until the end of 2027, of funding for Member States that rent firefighting planes and helicopters. This is a transitional measure... more
Civil aviationThe "Dubai Airshow 2023" is underway
The images between the stands and the in-flight demonstrations on the first day - VIDEO
The "Dubai Airshow 2023" started today (13-17 November). On display are large commercial aircraft, military jets, helicopters and drones. Air carriers will also be present and will showcase their main... more
AirlinesITA Airways asks for loans from banks
Negotiations with five institutions to obtain financing and buy new planes
The national carrier ITA Airways has started negotiations with five large banks to obtain a 300 million euro loan needed to upgrade the company's aircraft fleet. It's a fundamental step, foreseen by the... more
DefenseUkrainian war: Berlin will provide military aid
Germany announces doubling of military aid to Kiev from 2024
Germany has announced the doubling of military aid destined for Ukraine starting from 2024. This brings the total amount of aid provided by Berlin to Kiev to eight billion euros. It's a move aimed at compensating... more
AirlinesITA-Lufthansa (2): it's a France-Germany clash
Privatization blocked by political tussles in Europe
The privatization procedure of the national carrier ITA Airways risks being blocked by a political clash between France and Germany that is taking place behind the scenes in Europe. In fact, Paris does... more
AirlinesAeroflot: agreement on leased aircraft
Nine airplanes sold to a Russian insurance company which will compensate the lessor
The Russian national carrier Aeroflot declared that it reached an agreement on nine planes leased abroad in the last few hours, which would allow the airline to continue operating flights with these aircraft.... more