Finance and economy
3,168 news found
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
AirlinesAsia: carriers are betting on Saf
Association of Asia Pacific Airlines promises: 5% in tanks by 2030
The Association of Asia Pacific Airlines (Aapa), which brings together the main commercial air carriers based in the Asia-Pacific region, has announced that its member airlines have committed to achieving... more
AirlinesITA-Lufthansa: why Brussels is silent
All slowed down by the political battle over the appointment of president of the EIB
The documents of the negotiation between the Italian Ministry of Economy and Finance (MEF) and the German aviation group Lufthansa will soon be on the table of the European Competition Commission. But... more
DefenseGermany sends military planes to Romania
Also arriving are 80 German soldiers staying at a base near Costanza
Four Eurofighter Typhoon military planes sent from Germany will arrive in Romania. These are aircraft that will support the air policing mission of the North Atlantic Treaty Organization (NATO). The planes... more
AirlinesExpensive flights: Italian Tourism Federation asks for negotiating table
Gattinoni (Fto): "Tariffs and additional costs limit citizens' right to mobility"
The Organized Tourism Federation (Fto), an Italian association that brings together over 1900 companies in the travel sector including tour operators and service companies, keeps high attention on the... more
DefenseUkrainian conflict: Brussels wants Kiev in Europe
Request from President von der Leyen; we will talk about it in December
Brussels has recommended opening negotiations on Ukraine's accession to the European Union as soon as possible. The request was made official by the Commission to the EU Council, the two institutions that... more
AerospaceAirplanes and helicopters. Airbus reports Nine-Month (9m) 2023 results
488 commercial aircraft delivered in this period - ATTACHMENT
Airbus reported consolidated financial results for the nine months ended 30 September 2023.The highlights are: 488 commercial aircraft delivered in 9m 2023;Revenues € 42.6 billion; EBIT Adjusted € 3.6 b... more
DefenseUkrainian war: 14,326 drones 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. 308,720 Moscow soldiers would... more
CargoLufthansa cargo expands to Sweden
Aim is to transport high-value goods such as technology, pharmaceuticals and machinery
The Lufthansa Cargo company recently announced the opening of a new route to and from Stockholm-Arlanda International airport. This is an initiative with which the company aims to further strengthen its... more
Civil defenseIndia will modernize its military fleet in 3-4 years
Modernization plan includes replacement of about 250 aircraft
The Indian armed forces have announced that within the next 3-4 years it will begin the replacement of the old Chetak and Cheetah military helicopters produced by the national manufacturer Hindustan Aeronautics... more
DefenseRussia-European Union tensions
Lavrov: "The West has decided to destroy the world economy to teach Russia a lesson"
A round table on Ukraine was held today with the heads of diplomatic missions accredited to Moscow. On the occasion, Russian Foreign Minister Sergey Lavrov underlined that Washington continues to purchase... more
DefenseRomania prepares Ukrainian F-16 pilots
Government is creating necessary infrastructure to accommodate Kiev soldiers
Romania prepares for training Ukrainian pilots on Lockheed Martin F-16 Fighting Falcon aircraft. To this end, the government is building the necessary infrastructure to welcome Kiev's military. The coalition... more
AirlinesAirline FedEx is looking for work for its pilots
The airline: "Go fly somewhere else, with American Airlines"
In August the airline FedEx, specialized in shipping and cargo transport, estimated the number of redundancies at over 700 out of a total of around 5800 pilots. Having recently failed the agreement with... more
AirlinesExpensive flights: Brussels launches investigation
Ticket prices rose in the summer, fears for island connectivity
The European Union has opened an investigation into the phenomenon of high flight prices which is affecting all of Europe. In particular, Brussels has set its sights on the profits of air carriers defined... more
Civil aviationOff-shore helicopters: industry-big companies tensions
An American Group pays close attention to shortage of spare parts
The big names in the offshore helicopter sector are launching invectives against the industry due to the shortage of spare parts for some of the rotary wing models most used in transport to and from maritime... more
Civil aviationFirst transatlantic flight powered 100% by Saf
Air connection between London and New York will be operated by a B-787
British airline Virgin Atlantic will make its first flight with an aircraft powered by 100% sustainable aviation fuel (SAF). The test is scheduled for November 28, 2023. The connection between London and... more
AirlinesThe high-flying nightmare at Christmas
Up to 314 Euros for a Bologna-Palermo flight on 23 December
The Italian association for the defense of the consumers rights, Codacons, has raised the alarm regarding the disproportionate growth in Italy in the prices of airline tickets to and from the islands.... more
AirlinesRyanair reports strong half year profits
Due to record Summer traffic
Ryanair Holdings today (6 Nov.) reported a strong half-year profit of €2.18bn, compared to a prior year H1 PAT of €1.37bn, thanks to a strong Easter in Q1, record summer traffic and higher fares which off... more
AirlinesITA-Lufthansa: agreement in 2024
For the Germans, acquisition is a fundamental step towards transforming into a global airline Group
The green light from the European Commission for Competition to the privatization of the Italian flag carrier ITA Airways is closely linked to the fact that the acquisition by Lufthansa, with a 41% stake... more
AirlinesFedEx has a new union representative
Until March 2025 he will protect the interests of around 6000 pilots
Having failed the agreement between the unions and the multinational shipping company FedEx, in recent days the company has elected a new president of the corporate representative body at the Air Line... more
Airlines"Ciaran" (2). UK, 100 flights cancelled
Disturbances across the entire transport sector, from trains to ships, with fallen trees and floods
Over 100 flights have been cancelled in the UK today due to Cyclone 'Ciaran'. There is severe disruption throughout the transport sector, from trains to ships, due to fallen trees and floods. Due to strong... more
DefenseNigeria receives military helicopters
Cargo plane with first T-129 "Atak" landed in Africa
The Nigerian Air Force (NAF) has received the first batch of T-129 "Atak" military attack helicopters produced by the Turkish company Turkish Aerospace Industries (TAI). The delivery was carried out yesterday,... more
AirlinesITA-Lufthansa: Brussels opinion in 2024
Spohr: "The dialogue with the European Commission continues and we are confident"
The documents of the negotiation for the privatization of the national carrier ITA Airways, signed by the Italian Ministry of Economy and Finance (MEF) and the Lufthansa aviation Group, will be sent to... more