Finance and economy
3,212 news found
AirlinesIndia: causes of Dhruv helicopter accidents
Identified possible design and construction material issues
Flight safety is always in the spotlight in India. In these first months of 2023, the Dhruv light helicopters of the armed forces of New Delhi have recorded at least five accidents or incidents. In just... more
AirlinesAgreement between the unions and the B-787 aircraft component company
Positive consequences for Italian Leonardo Group which builds fuselages in Grottaglie
Provisional agreement between the engineers' union and the US company Spirit AeroSystems, one of the world's largest manufacturers of aerostructures which builds important components for Boeing aircraft... more
Finance and economyGrowing demand for militarized civilian helicopters
New platforms to respond to requests of and new and low cost aircraft
The demand for military and low-cost helicopters is growing worldwide. To respond to these requests and challenge competitors, including the new players who have entered the global market, the US aircraft... more
DefenseUkrainian conflict: Meloni talks to the Chambers
Tajani: "We are monitoring the situation in Moscow; good mission of Cardinal Zuppi"
This morning the Italian Prime Minister, Giorgia Meloni, went to the Chamber of Deputies (and in the afternoon to the Senate of the Republic) for official communications in view of the meeting of the European... more
AirlinesArgentina: "plane of death" stops flying
Skyvan aircraft used by the national dictatorship will be exhibited in a museum
The so-called Argentine "death plane", the Short SC.7 Skyvan aircraft (registration number P51), has officially stopped flying. The ceremony that sanctioned the definitive grounding was held in the past... more
AirlinesSydney Airport unveils new flight routes
Neighborhood committees on a war footing against noise pollution
Western Sydney International Airport (Nancy-Bird Walton), due to open in 2026, has made public the new flight paths for incoming and outgoing aircraft. The various residents' committees in the capital's... more
AirlinesPoland: forward with new airport in Warsaw
It will absorb traffic from the other two city airports, which will be downsized
The Polish government goes ahead with the construction of the new Warsaw airport. The Solidarity Transport Hub project is an infrastructure destined to become the main air transit hub for Central and Eastern... more
AirportsNew York airport towards restructuring
Awarded 1.24 billion dollars contract for works on parts of the slipway
The Astm International Group (formerly American Society for Testing and Materials) has been awarded the contract for the renovation of some parts of the "John Fitzgerald Kennedy" international airport... more
Civil aviationFrance: towards construction of "Atea" airtaxi
Decisive step towards the maiden flight of the hybrid aircraft expected in 2026
French aviation start-up Ascendance, founded in Toulouse by four former Airbus Group workers, is ready to move into the development and production phase of its first hybrid-electric vertical take-off and... more
DefenseInternal crisis in Russia. Wagner group in revolt, but Prigozhin changes his mind
Stop march on Moscow on alleged Belarusian mediation. Difficult to interpret meaning and goals
The Russian paramilitary Wagner company has halted its advance towards Moscow. Thus the tension in the country eased. In fact, at dawn the militiamen had left the theater of combat in Ukraine and had entered... more
AirlinesUnited States: United will send vouchers to phones
In case of cancellations and other inconveniences, the airline will contact travelers directly
US carrier United Airlines will begin sending vouchers for food and hotel vouchers to passengers' smartphones in the event of sudden cancellations and flight delays of at least three hours caused by the... more
AirlinesTourism explodes in Italy
Almost 2 million air passengers in June
Italy predicts a boom in air passengers in "Summer 2023". In fact, with the end of the toughest restrictions on international air travel, it has spread as a sort of "tourism revenge", that is the uncontrollable... more
AirportsIsrael: Haifa airport reopens after 4 years
The stopover returns to serve the Greek islands and Cyprus, its main destinations
Israel's Haifa airport reopens after a four-year hiatus. Air connections resumed in the past few hours, thanks to the Maltese company Universal Air, which has operated three direct flights to Cyprus: two... more
DefenseUnited States: Biden meets Modi
Among the dossiers are the defense industry, trade and war in Ukraine
Indian Prime Minister Narendra Modi arrived in Washington in the past few hours. The President of the United States, Joe Biden, welcomed him on his official visit. The two communicated their intention... more
DefenseGeneral Electric will build engines in India
Agreement for possible joint production of propellers in Asia
The aerospace division of the US group General Electric announced today that it has signed an agreement with the Indian State-owned Hindustan Aeronautics Limited (HAL), which specializes in aircraft construction,... more
AirlinesTap Portugal privatization: the crux of the negotiation
Costa: "The goal in itself is not to maximize revenue from the sale"
The government of Portugal, led by Prime Minister Antonio Costa, ensured in the past few hours that the privatization procedure of the national airline Transportes Aéreos Portugueses (Tap) Portugal will... more
DefenseUK could build Black Hawk helicopters
British "New Medium Helicopter" program seeks up to 44 military aircraft
The US company Sikorsky (Lockheed Martin Group) could build military Black Hawk helicopters in the UK, including those for the export market. The American company is in fact participating the call for... more
AirlinesGlobal airlines towards 100% pre-covid
In 2024 achievement of operational capacity registered pre-pandemic
The main global airlines estimate the achievement of the operational capacity recorded in the pre-pandemic era only in 2024. The most optimistic believe that next year the volume of passengers transported... more
Civil aviationChinese airlines bets on European avionics
Agreement on the supply of systems for a new fleet of 96 A-320neos
The Chinese air carrier China Southern Airlines has selected the European group Thales, for the supply of avionics systems that will equip its new fleet made up of 96 A-320neo. The agreement is actually... more
AirlinesATR announces 22 aircraft orders
The announcement at the "Paris Air Show"
The turboprop aircraft manufacturer Avions de Transport Régional (ATR), a joint-venture between Airbus and Leonardo specializing in the construction of turboprop aircraft for regional flight, announced... more
Civil aviation"Le Bourget": Stellantis bets on eVtol
A production center for 650 aircraft a year will be built in the USA
The "Midnight" vertical take-off and landing (eVtol, Electric Vertical Take-Off and Landing) aircraft, developed and built by the US company Archer Aviation in collaboration with the Stellantis automotive... more
Airlines"Paris Air Show": evolutions by aircraft in the skies
The shows of planes, drones and helicopters of the first day - VIDEO
Thrilling shows in the skies over Paris-Le Bourget airport. It's the gist of the first day of the 54th edition of the "Paris Air Show 2023" held at the French capital's airport from 19 to 25 June 2023.... more
AirlinesITA Airways: some people are leaving
Nicolò Mardegan is abandoning Communications at a awkward moment
The current Chief of Communications and Director of Institutional Affairs of the national air carrier ITA Airways, Nicolò Mardegan, will leave the company to take up a new position in the state-owned... more
AirlinesAir strike underway in Italy
24-hour mobilization
Today is the day of a 24-hour national strike in the Italian air transport sector. Down tools due to pay dispute by the employees of the airport handling services companies, the personnel of the air carriers,... more
Civil aviationPlane orders doubled
It emerges from the Boeing company's "Commercial Market outlook 2023"
Over the next 20 years, demand for new aircraft will double to 42,595 new units. It is more than expected last year (41,170 aircraft): half will replace about 21,000 current aircraft in service. The remainder... more
AirlinesUSA: Summer at risk for air transport
Obsolete computers, shortage of pilots and air traffic controllers: inconveniences are feared
Passenger demand for air travel in the Summer 2023 season will reach an all-time high. The US aviation sector says it is ready for a record summer. However, experts fear that things could go wrong and... more
DefenseUkrainian conflict: Kiev pilots on F-16 planes
The training haven't got into the thick of things
The supplying of General Dynamics F-16 "Fighting Falcon" fighter aircraft to Kiev is becoming more pressing. The first go-ahead came at the G7 summit in Hiroshima (May 19-21) from the President of the... more
Civil aviationLeonardo: the names of Cingolani architecture
Mariani took the Tempest project, supermanaged by Carlo Gualdaroni
The Leonardo Group -which operates in the aerospace, defense and security sectors- has presented the new corporate organization chart. The management team has been reduced to 8 reports from the managing... more
AirportsPlanes and helicopters. The "Paris-Le Bourget 2023" airshow (June 19-25) gets underway
Lots of news starring the eVtol
The "Paris Aerospace Show", held at Le Bourget airport, is back after four years. The 54th edition will be held from 19 to 25 June 2023. The first four days are dedicated only to industry representatives... more
DefenseGermany: agreement with Israel on military helicopters
Electronic warfare systems for CH‑53 will be provided
The Israeli company Elbit Systems, specialized in defense technologies, will equip the Sikorsky CH-53 Sea Stallion GS/GE military transport helicopters of the German Air Force with self-protection systems... more
DefenseSyria: America sent F-22 planes
Washington's goal is to counter the actions of Russian military aircraft
The leaders of the United States Central Command (Centcom) would have transferred Lockheed Martin F-22 Raptor fighter jets to the Middle East this week. The goal of the US military would be to counter... more
Civil aviationIreland: legal battle over SaR services
Appeal to the judges by a company that has lost the contract
The American company CHC Helicopter, a global provider of helicopter services (medical transport, off-shore, firefighting) has launched a court case against the Irish government due to the loss of the... more
Finance and economyIndia looks to US armed drones
Theme at the center of the Biden-Modi meeting which will take place in the USA
The New Delhi government is apparently considering the purchase of dozens of US-made armed drones. These are probably MQ-9B "SeaGuardian" made by the General Atomics company. For now, these are rumors,... more
AirlinesAirbus raises forecasts for aircraft deliveries
The global fleet will double to 46,560 airplanes in 2042
The European group Airbus, specialized in the aerospace and defense sectors, announced in these hours that the estimate on the volume of aircraft deliveries has risen over the next 20 years. The latest... more
AirlinesAir India suspends some pilots
Accused of violating rules inside the cockpit
Air India has suspended two of its pilots for a safety violation while in the cockpit. The episodes, which date back to a few months ago, concern the invitation of an unauthorized person inside the cockpit... more
AirlinesBerlin Airport strengthens security checks
The aim is to reduce the formation of long queues at the gates in the Summer
German airport of Berlin-Brandenburg has upgraded its BER Runway security check system for the Summer peak season. The goal is to reduce to zero the possibility of long queues forming at the gates, slowing... more
DefenseNATO summit with defense companies
Scheduled for tomorrow, Wednesday 14 June, in Brussels
Tomorrow, Wednesday 14 June, a summit within the North Atlantic Treaty Organization (NATO) between the secretary general Jens Stoltenberg and 25 companies operating in the defense and security sector,... more
AirlinesThe race for NATO secretaryship
These are the eligible candidates, Italy stays on the sidelines
Betting on names are underway for the appointment of the new secretary general of the North Atlantic Treaty Organization (NATO). The current head of the Atlantic Alliance, Jens Stoltenberg, will in fact... more
AirportsHeathrow Airport at pre-pandemic levels
It operates 248 daily flights connecting the UK to 31 US destinations
The operator of the British London-Heathrow airport has communicated that the volume of passenger traffic in the month of May has returned to a level almost corresponding to what was recorded in the period... more
Finance and economyAirbus prepares future military helicopters
Developments favored by Russian-Ukrainian war, aircraft still essential in modern conflicts
The Airbus Helicopters company is working on a number of future features that will ensure a decisive operational impact on the battlefield. In particular, the company is planning the next generation of... more
DefenseJoint British-Portuguese air exercise
"Montijo Merlin" mission to enhance capabilities deployed over continental airspace
The British and Portuguese air forces conducted a joint exercise at Montijo Air Base, located near Lisbon, Portugal. Called "Montijo Merlin", the training was intended to provide and enhance the chemistry... more
AirlinesITA Airways: airspace cabin debuts
Comfort and technology to offer customers a unique flight experience
With the new A-330neo, the national air carrier ITA Airways, which entered service on 2 June completing its first commercial flight on the Rome-Washington route, the Airspace cabin, which guarantees maximum... more
AirlinesUSA: passenger protection law under consideration
To protect the rights of travellers who are victims of delays and cancellations
The Transportation Committee of the United States House of Representatives introduced a broad bill on the aviation sector on Friday. It includes increased hiring of air traffic controllers, better protection... more
Civil aviationFAA has new interim administrator
Polly Trottenberg replaces Billy Nolen, but there is no official candidate
The United States Department of Transportation announced yesterday that Polly Trottenberg, an official of the same department, will assume the position of interim head of the Federal Aviation Administration... more
AirlinesSpiceJet bets on Boeing
Leased B-737 Max aircraft to meet high travel demand
The management of Indian low-cost carrier SpiceJet will add 10 B-737 Max aircraft to its fleet. It is a decision that aims to satisfy the growing demand for travel by passengers and at the same time to... more
AirlinesITA-Lufthansa towards official status
Final signatures are needed before notifying the operation in Brussels
The marriage between the German Lufthansa Group and the air carrier ITA Airways is in the final stages. The agreement, strongly desired by the Ministry of Economy and Finance (MEF) was positively received... more
DefensePoland evaluates purchase of Black Hawk helicopters
Country's Lockheed Martin managers meet defense ministry in Warsaw
The US group Lockheed Martin, specialized in the aerospace and defense sectors, could supply the Polish government with around 32 UH-60 Black Hawk multi-purpose armed helicopters. This is an order that... more
AirlinesMalaysia charters Black Hawk helicopters
Five-year contract for 4 US military aircraft
Malaysia's defense ministry recently signed an agreement with the Pentagon for the five-year lease of four Sikorsky UH-60A Black Hawk helicopters. This is the first time that this model of American-made... more
AirlinesGlobal air carriers double profits by 2023
The estimate of Iata director general Willie Walsh at the Istanbul summit
Airlines around the world have more than doubled their forecasts for their aviation profits for 2023. However, they said delays in deliveries of new planes, combined with soaring demand from airlines,... more
AirlinesITA-Lufthansa: the signing, then to Brussels
European Antitrust will assess the impact of the agreement on free competition on the airline market
The official signing of the agreement reached last May 25 between the Italian Minister of Economy and Finance (MEF), Giancarlo Giorgetti, and the CEO of Lufthansa, Carsten Sphor, for the privatization... more