Finance and economy
3,225 news found
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
Finance and economyNew Zealand blocks NH-90 helicopters
The stop after a fatal plane crash occurred at sea
An NHIndustries MRH-90 Taipan military helicopter has crashed off the north coast of Queensland during the international exercise 'Talisman Sabre'. Following this incident, the top management of the Royal... more
DefensePoland to purchase "Black Hawk" helicopters
Meanwhile, pilot training on the "Apaches" begins
The Ministry of Defense of Poland has started the procedure for the acquisition of Sikorsky S-70i Armed "Black Hawk" helicopters. The official announcement by the executive arrived on 24 July. The sale... more
DefenseAustralia-US summit on armed forces
This is what was decided in the Ausmin
The US military has expanded military bases in northern Australia to accommodate more US military aircraft. It is the outcome of talks between the two countries that have produced agreements for a new... more
AirportsBrazil bets on cargo technology
Thanks to new systems, the duration of customs clearance drops to 24 hours
The government of Brazil introduced a new electronic cargo control system at airports in Brazil. This will drastically reduce customs clearance times, with a consequent increase in revenue for import rights.... more
AirlinesRome airports: welcoming departure of "WYD" pilgrims
Set up at T1 travelled in the check-in areas and in the transit zone
The management company Aeroporti di Roma (AdR) has set up welcome and information paths for pilgrims both in the check-in area and in the transit area at Terminal 1. In detail, a totem has been installed... more
AirlinesITA Airways towards corporate restructuring
A restricted meeting between the trade unions and the company is scheduled for 2 August
Short. A restricted meeting should be held tomorrow, Wednesday 2 August, to discuss the corporate restructuring of the national air carrier ITA Airways. The most representative trade unions will sit... more
AirlinesLufthansa evaluates legal action against environmentalists
Activist group Last Generation had blocked some airports in Germany
The German aviation group Lufthansa is considering launching a legal action against the climate activists of the group Last Generation. The aim is to claim damages for canceled and delayed flight connections... more
AirlinesITA Airways (2): reasons for the Alitalia ruling
Reintegration of 77 workers risks creating problems on Lufthansa-ITA deal
The European Commission had recognized the discontinuity between the former national airline Alitalia and the new air carrier ITA Airways. But the judge of the Rome Labor Court, Claudio Cottatellucci,... more
AirlinesITA Airways: the Alitalia discontinuity issue
Meanwhile, privatization continues with the German group Lufthansa
The reasons for the sentence with which the Rome Labor judge last month ordered the reinstatement of 77 layoff workers of the former Alitalia company in the current flag carrier ITA Airways were published... more
AirlinesIndia: investigation into Indigo airline
Fined after 4 tailstrikes recorded in the first six months of 2023
India's civil aviation ministry said on Thursday air carrier IndiGo Airlines was fined 36,475 dollars. This follows an investigation conducted by the Directorate General of Civil Aviation (DGCA) after... more
AirlinesUK: protests by passengers with disabilities
Some airlines have extra costs for this category of travellers
Major British airlines are charging extra for some disabled travelers who book domestic and international flights. This is a practice that is not in line with the directives of the Civil Aviation Authority... more
AirlinesParis airports: Olympics are pressing
They will be the main gateways for the Games which will start on 26 July 2024
Paris airport managers are under enormous pressure ahead of the Olympics to be held in the French capital in 2024. The international airport "Charles de Gaulle" and the smaller Orly will be the two crucial... more
AirlinesLufthansa strengthens operations in the Balkans
Increases in double figures on all air connections in the region
The German aviation group Lufthansa has communicated the flight schedule for the Winter season (from 29 October 2023 to 30 March 2024) which provides for the maintenance of air connections from the German... more
AerospaceAirplanes and helicopters. Airbus: half-year 2023 results
316 commercial aircraft delivered in H1
Airbus reported consolidated financial results for the Half-Year (H1) ended 30 June 2023.The highlights are: 316 commercial aircraft delivered in H1 2023Revenues € 27.7 billion; EBIT Adjusted € 2.6 billi... more
AerospaceSpanish airports: Aena doubles profits
Passenger traffic performance marks +5% on 2019
The Spanish management company Aeropuertos Españoles y Navegación Aérea (Aena), owner of most of the public Iberian airports, communicated the economic data for the first half-year: net profit more th... more