Finance and economy
3,190 news found
AirlinesAmsterdam Airport: Iata against flight restrictions
Walsh: "Decision be postponed until the government is installed" after the elections
The International Air Transport Association (Iata) has responded to the flights limit request made by the management company of Amsterdam-Schiphol airport. The organization has asked that the final decision... more
DefenseG20: safety tests with helicopters
Soldier lowers himself from an aircraft onto the roof of a hotel during exercises - VIDEO
Training has begun to ensure security in view of the G20 summit scheduled for 9 to 10 September in India. The armed forces conducted various ground and air exercises in the capital New Delhi. Citizens... more
Civil aviationKai-Airbus pact on helicopters
Pre-agreement on supplies for 300 aircraft over 10 years
The South Korean helicopter manufacturer Korea Aerospace Industries (KAI) and the European aircraft builder Airbus Helicopters have signed a pre-agreement on the supply of 300 rotorcraft over 10 years.... more
AerospaceWaiting for the return of the "Osiris Rex" space mission
The tests could reveal new insights into the mysteries of the solar system and life on Earth
The National Aeronautics and Space Administration (Nasa) announced that experts are ready to take delivery of the 250 grams of space rock, collected three years ago from the asteroid Bennu during the "Osiris... more
AirlinesExpensive-flights: London and Madrid against low-cost airlines
Initiative after the Italian Government proposed the introduction of a Price Cap
After the Italian Government's official stance on the issue of expensive flights, now Great Britain and Spain are also trying to understand whether low-cost airlines (Ryanair, Vueling, easyJet and Volotea)... more
AirlinesUnited Kingdom: government on airline chaos
Sunak: "It is important that companies honor their obligations towards passengers"
The British government asked air carriers operating in the United Kingdom to assist stranded passengers In the past few hours. It appened after a technical problem with the national traffic management... more
AirportsUnited Kingdom: tourists stranded at airports
Holidays ruined, passengers camped out at the airport, numerous protests
Due to an unspecified "technical problem", air traffic in the United Kingdom went haywire on Monday and hundreds of thousands of passengers remained stranded at the airport. The effects continue today... more
AirlinesUK: airline chaos will cost 90 million euros
According to the International Air Transport Association; 1100 flights cancelled
The chaos recorded in recent days in the skies of the United Kingdom could cost airlines up to 90 million euros. Indeed, due to a technical failure, 1,100 flights have been canceled since Monday, causing... more
AirlinesPlanes: the comeback of Monarch Airlines, which unveils the new livery
The company prepares to return to the skies after years of hiatus - VIDEO
British air carrier Monarch Airlines unveiled its new logo and livery to the public yesterday. The company, which is preparing for its relaunch after years of hiatus, is gradually revealing more details... more
DefensePolish army among the strongest in Europe
The country represents a fundamental NATO outpost against the Russian threat
The upgrading of the military's capacity is making Poland one of the strongest North Atlantic Treaty Organization (NATO) militaries outside the United States. The recent agreement for a potential purchase... more
Civil aviationSan Paolo Airport: air taxi service at the start
In Brazil, an urban mobility brand was born to connect the airport to the city center with eVtol
A luxury urban air mobility service will soon be launched in Brazil. It will connect the "André Franco Montoro" international airport of São Paulo-Guarulhos with the center of the nearby metropolis, w... more
AirlinesUnited Kingdom: air traffic towards normality
Inconvenience and delayed flights throughout Europe, it will take London days to get back to full operation
The British National Air Traffic Service (Nats), that is the United Kingdom's air traffic control agency, announced in the past few hours that the "technical problem" that had paralyzed air traffic entering... more
DefenseUkrainian War: Over 24,000 tanks destroyed
Bulletins from Kiev and Moscow count the victims and vehicles neutralized to date
The General Staff of Kiev 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: 261,840 Moscow soldiers would... more
AirlinesPlanes. New American flights to Italy
Besides Naples, Venice and Rome, other routes to European capitals
The US carrier American Airlines has announced the launch of new air connections between North America and Europe. The direct flight between the "Ugo Niutta" airport of Naples-Capodichino and the international... more
AirlinesUK: disruptions in air traffic
Limited number of aircraft in British skies
The United Kingdom's national air traffic control agency announced that it has limited the number of planes in circulation today in British airspace. A reasoned decision as a result of a technical problem.... more
AirlinesNew suitor for TAP Portugal airline
Consortium led by Lusitanian entrepreneurs vying for privatisation
There is a new suitor who will participate in the negotiations for the privatization of the national airline Tap Portugal. It is a consortium made up of Lusitanian entrepreneurs, who will compete with... more
CuriositiesEx-helicopters that become hotels
The first aircraft will be located in California
A California company is converting decommissioned helicopters into luxury motorhomes. The goal is to offer unique, original and adventurous experiences to lovers of glamping, that is glamorous camping,... more
Civil aviationBoeing identifies defect on 737 Max aircraft
Aircraft deliveries temporarily suspended again
The US group Boeing, which operates in the aerospace and defense sectors, has identified a defect on a component of the 737 Max aircraft. For this reason, the company has announced that it will once again... more
DefenseNigeria: 18 new military helicopters are arriving
Bell AH-1Z Viper and TAI T-129 Atak expected in September
The heads of the Nigerian Air Force (Naf, Nigerian Air Force) announced in the past few hours that the armed force will soon take delivery of 18 new attack helicopters: 12 supplied by the United States... more
DefenseIndonesia buys 24 American helicopters
Towards completion of order for F-15 fighters and Black Hawk aircraft
The government of Indonesia will purchase 24 Boeing F-15 Eagle military aircraft and 24 US-made Sikorsky S-70M Black Hawk transport helicopters. The agreement between the Jakarta executive and the two... more
AccidentsRussia plane crash: Prigozhin confirmed dead
Wagner group: "Killed by traitors"; Biden: "Putin may be behind it" - VIDEO
Sources close to the Russian paramilitary group Wagner have confirmed that Yevgeny Prigozhin, head of the militia, died in the air accident of his private Embraer 135BJ Legacy 600 aircraft (registration... more
AirlinesFedEx airline pilots at risk
Estimated redundancies exceed 700 units out of a total of approximately 5,800 professionals
The decision of the FedEx Group, a company specializing in logistics, postal and cargo air services (as well as road trasportation), to merge the Express and Ground units has led to an excess of pilots... more
Civil aviationTurkey: blazes burn the north-west
Over 30 firefighting aircraft in action, more than 1000 people evacuated
Turkey is engulfed in flames. Several fires have been active for two days in the north-western part of the country. The fires are particularly ravaging the provinces of Hatay, Mersin and Çanakkale, where... more
Finance and economyThe BRICS summit kicks off today
Putin: "Dollar’s domination of world trade will end: in our countries is an irreversible process"
The 15th edition of the BRICS summit kicks off today in South Africa, an acronym composed of the initials of the countries that make up the alliance (Brazil, Russia, India, China and South Africa) made... more
AirlinesHelsinki Airport bets on electric cars
Several recharging points for battery-powered vehicles have been inaugurated in the stopover car parks
New charging stations for electric cars inaugurated at Helsinki airport, bringing the number of refuelling stations for battery-powered cars to almost 350. These infrastructures are present in each parking... more
Finance and economyPoland purchases Apache helicopters
US State Department give green light, now US Congress decision
In the past few hours, the US government approved the sale to Poland of military AH-64E Apache attack helicopters manufactured by US Boeing. The State Department notified its decision to the US Congress,... more
AirlinesLufthansa-ITA Airways: waiting for October
Meloni Government talks with MSC, which could get back on track with Lufthansa
The documents concerning the marriage between the German aviation group Lufthansa and the air carrier ITA Airways are at the top of the pile of dossiers on the table of the Italian Ministry of Economy... more
Civil aviationMidnight air taxi to first flight
The eVtol developed by the American company Archer Aviation - VIDEO
The first Midnight air taxi, an electric vertical take-off and landing (eVtol, electric vertical take-off and landing) aircraft developed by the American company Archer Aviation, is ready to make its maiden... more
AirlinesKuwait Airways leases eight new aircraft
These are A-321neo; the aim is to support narrow-body airplanes
The management of the national carrier Kuwait Airways declared in the last few hours that it intends to lease eight A-321neo passenger aircraft of European production. The company's goal is to expand its... more
DefenseRussia-Ukraine: F-16 aircraft towards Kiev
Over 40 airplanes from the governments of the Netherlands and Denmark
The governments of the Netherlands and Denmark have formalized their decision to deliver more than 40 Lockheed Martin F-16 Fighting Falcon aircraft to Ukraine. This is an initiative that aims to strengthen... more
AirlinesIndia: Tata Group loses 1.8 billion dollars
Rebranding operation starts for Air India at a delicate moment
India's Tata Group, which controls air carriers Vistara and AirAsia India, has released results for the 2022-2023 financial year. Consolidated losses relating to the balance sheets of its two airlines... more
AirlinesUSA: air carriers request for slot exemptions
Airlines for America is asking for a waiver on usage limits until October
The Airlines for America (A4A) association, which brings together a dozen US air carriers, has asked for the exemptions on the limits on the use of airport slots in some of the busiest airports in the... more
Civil aviation"Labace 2023" aeronautical show started
The event is held in Brazil from August 8 to 10 - VIDEO
The 18th edition of the "Latin American Business Aviation Conference & Exhibition (Labace) 2023" aviation show has kicked off in the last few hours. The event is held from August 8 to 10 in the city of... more
DefenseToday, 78 years ago, the atomic bomb on Nagasaki
It was the morning of August 9, 1945 when a B-29 plane changed history
The commemorations for the 78th anniversary of the atomic bombing of the Japanese city of Nagasaki kick off today. The attack, carried out by the United States of America, took place three days after the... more
DefenseAustralia receives first "Black Hawk" helicopters
Initial batch of an order for 40 military aircraft
The Australian Department of Defense has announced that it has received the first three American-made Sikorsky UH-60M "Black Hawk" military helicopters. This is the initial lot of an order for 40 aircraft... more
DefenseUkrainian conflict: US sends more weapons
The value of this tranche of aid is equal to 200 million dollars
The US administration led by President Joe Biden will soon announce a new supply of arms to Ukraine. These are munitions, missiles and other military equipment, taken from US stocks and which can be shipped... more
AirlinesEurocontrol: one million flights in July
A performance not seen since 2019
Air traffic in the European skies has returned to a positive monthly performance, not seen since the period before the pandemic. It is certified by Eurocontrol, the European air traffic control agency... more
AirlinesUkrainian war: Polish soldiers on the border
New deployment of forces after the request of the Warsaw border guard
The Polish Defense Minister, Mariusz Blaszczak, has ordered the dispatch of additional military groups to the border with Belarus. This is a response that follows the requests of the Warsaw Border Guard,... more
AirlinesFlights price increase: the Italian Government fight
Measures against algorithms, ceiling on tariff increases and tourism effects
Stop algorithms and new limits on the increase in airline ticket prices. It was decided yesterday evening during the meeting of the Council of Ministers which took place at Palazzo Chigi. The Meloni Government... more
Civil aviationUSA: crash between two firefighting helicopters
Three people were killed in an aircraft crash
Three people died yesterday in a plane crash between two firefighting helicopters in California. A Bell 407 (registration N555AS) and an Sikorsky S-64E (registration N4037S) which had been sent to Cabazon... more
Civil aviationCyprus: aerial reinforcements to fight fires
Helicopters sent to the island by Lebanon, Greece and Jordan
Cyprus is burning. A forest fire is eating up miles of mountainous terrain. For this reason, the European Union Civil Protection Mechanism has made several aircraft available to support the fight against... more
AirlinesRussia-Ukraine: peace talks in Jeddah
Turkish President is expected to meet Vladimir Putin in August
The peace negotiations between Russia and Ukraine were the focus of the international talks held over the week-end in Jeddah, Saudi Arabia. The countries closest to Moscow, such as Turkey and China, have... more
AirlinesNorth Korea increases missile production
The announcement while Korea and the US are preparing joint military exercises
North Korea wants to "rapidly expand production capacity" of missiles. It was announced by North Korean supreme leader Kim Jong Un, after visiting several important armaments factories this week. Indeed,... more
AirlinesGatwick Airport: first yes to the second runway
Authorities have given the green light to use an emergency lane
The West Sussex authorities have accepted the application made by the London-Gatwick airport management company, which requested to make operational a runway currently used, in emergencies, as a taxiway... more
AirlinesParis-Orly Airport: baggage handling back in operation
The disruption yesterday affected 10,000 passengers on 40 flights throughout the day
The baggage handling system located at Terminal 4 of Paris-Orly airport was fully operational shortly before 7:00pm yesterday. The mechanism had blocked after a failure that occurred in the morning and... more
AirportsRussia-Ukraine: war costs 50 billion a year
At least 50% of the state budget subsidized by the US and the EU
The Ukrainian government has reported that the war against Russia has cost 48 billion dollars a year. This is higher than peacetime State budget revenues, Kiev said, referring to the 2021 budget. For this... more
AirlinesLufthansa: 55 million travellers in six months
Spohr: "Clear focus on stability has proven to be the right thing to do"
The German aviation Group Lufthansa has today communicated the half-yearly data as well as the estimates for the entire year 2023: at an economic level, it recorded a net profit of 881 million euros from... more
AirlinesAir travel: still few business travellers
Phenomenon has forced US air carriers to change their networks
The volume of business travellers in the United States is slowly and steadily increasing, but their numbers are still far from pre-pandemic numbers. So much so that many air carriers in the world have... more
AirportsAirport security focuses on biometrics
From facial recognition to fingerprint and iris scanning
Biometrics is today the new face of airport security. It is a technology that allows the recognition of a passenger's identity starting from certain parameters such as the size of the skull, the shape... more
DefenseItaly-Japan air exercise towards postponement
The cause is a typhoon that has hit the Japanese peninsula in the last few hours
Possible postponement of the joint military air exercise between Italy and Japan due to a typhoon that hit the Japanese peninsula in the last few hours. The start is scheduled for the 4th and the conclusion... more