Finance and economy
3,170 news found
Civil aviationAirbus Helicopters grows in North America
Increasing demand for H-160 aircraft, first flight simulator on the way
European manufacturer Airbus Helicopters continues to see growing demand for H-160 aircraft in North America. More than 12 units have already been ordered by North American customers. Private companies... more
AirportsUber platform bets on airports
Detailed info and interactive maps with routes between gates and car parks
The US technological platform Uber, specialized in booking private road transport services, has announced some new features, which will be introduced in the version of the smartphone application, to simplify... more
DefenseUkrainian war: EU arms plan
Illustrated document with three key points for munitions supply in Kiev
The European Union's High Representative for Foreign Policy, Josep Borrell, proposed a three-point plan for the supply of munitions to Ukraine, in support of the conflict against Russia. The document was... more
Finance and economyHearing Goretti, head of Italian Air Force: Gcap aircraft perspectives
"An opportunity for our universities and industry to compete and grow"
The Chief of Staff of the Italian Air Force (AMI), Luca Goretti, was heard today in the Defense Committee of the Chamber of Deputies. Many topics were addressed: the need for greater economic investments... more
Civil aviationMD Helicopters boosts production
From bankruptcy risk to expansion: 50 aircraft by 2025
The US manufacturer MD Helicopters has announced its aim to enhance the annual production capacity of aircraft: assembling 19 of them in 2023, bringing it to 25 in 2024 and finally rising to 50 by 2025.... more
Civil aviationIndia boosts sky industry
New Delhi will build Imrh aircraft in partnership with France
India boosts domestic helicopter industry. The aim is to expand into domestic and international markets. After the opening of the largest helicopter factory of the State-owned Hindustan Aeronautical (HAL)... more
Civil aviationITA Airways present at Oltremare
Will participate in the 26th edition of the Mediterranean Tourism Exchange (March 16-18)
The national air carrier ITA Airways will participate in the 26th edition of the Mediterranean Tourism Exchange (Bmt), the sector fair that brings together the main economic players operating in the Mediterranean:... more
AirlinesIndiGo looks to the United States
Indian company evaluates codeshare with Turkish Airlines for routes to North America
Indian low-cost carrier IndiGo is considering the expansion of its flights network to the United States by codeshare connectivity through Turkish Airlines. The announcement comes after the Indian airline... more
AirlinesLufthansa's accounts are flying again
Net profit doubles, which is positive for the first time since the beginning of the pandemic
The German aviation group Lufthansa has communicated the economic data 2022. The positive trend marks the recovery from the pandemic: the doubling of revenues to 32.77 billion euros (+95% on 2021), a net... more
AirlinesITA Airways: negotiations ahead with Lufthansa
Solid travel demand and German economic accounts create optimism
The CEO of the German aviation group Lufthansa, Carsten Spohr, recently spoke to comment on the positive economic data recorded by the company in 2022. In particular the doubling of revenues (32.8 billion... more
Civil aviationB-787 Dreamliner aircraft deliveries still stalled
FAA: "They will not resume until it meets required safety standards"
Deliveries of the long-range B-787 Dreamliner aircraft, suspended in recent days by the US Federal Aviation Administration (FAA) due to a fuselage problem, will not resume until the issue is resolved,... more
AccidentsBryant helicopter crash: 28.5 million to the family
Maxi compensation for publication of photos of victims' bodies
Relatives of former basketball star Kobe Bryant to receive 28.5 million dollars in compensation for publication of dramatic photographs of helicopter crash that occurred on January 26, 2020 in which former... more
AirlinesItaly looks to the "Dubai Airport Show"
Institutional stand at the aeronautical show scheduled for May 2023
Italy will be present with an institutional stand at the "Dubai Airport Show" international aeronautical exhibition, scheduled from 9 to 11 May 2023 at the Dubai World Trade Centre. The exhibition space... more
AirlinesAir transport growing in 2022
Passenger traffic +122% compared to the previous year, but far from 2019 performance
The federal statistical office of Switzerland has recently communicated the data relating to the volumes of air traffic recorded during the year 2022. Passengers in transit at the country's airports were... more
AirlinesAir strike in Germany
Many flights canceled at Duesseldorf and Cologne-Bonn airports
Air travel disruptions in Germany. Most flight connections at Duesseldorf and Cologne-Bonn airports were cancelled today due to a 24-hour strike called by the Verdi union. The inconvenience also affects... more
DefenseRussia-Ukraine: one year after the war
Awaited Russian offensive in the Spring, while China and the USA work for peace
A year passed since the start of the Russia-Ukraine war. It was February 24, 2022: that night vehicles and soldiers of the armed forces of Moscow penetrated enemy territory, for what was to be a "blitzkrieg",... more
AirportsHeathrow Airport halves losses
Fiscal Year 2022 financial reporting
The management of Heathrow airport has communicated financial data for the 2022 fiscal year. The positive figure that catches the eye is the halving of adjusted losses, before tax: equal to 684 million... more
Finance and economy"Aero India 2023": Embraer bets on defense
C-390 Millennium aircraft exhibited at an event to boost exports
The management of the Brazilian aviation group Embraer has decided that in 2023 it will aim to strengthen the exports of its Defense and Security division (in 2022 revenues at -40% on 2021). In particular,... more
Finance and economyChina: US companies blacklisted
Restrictions on the trade of aero engines, landing gear and various components
China has placed two US companies on the "unreliable entities list": Lockheed Martin and Raytheon Technologies. Their fault is that of supplying arms to Taiwan, the island which Beijing defines as "rebel"... more
DefenseRussia-Ukraine: Italy approves aid decree
Crosetto: "We are talking about weapons, but we are also sending civilian aid, generators, blankets"
Italy has approved the sixth aid decree (humanitarian and military) in support of Ukraine, which Russia invaded militarily almost a year ago. This was announced in these hours by the Minister of Defense,... more
AirlinesPilot market will be worth 20 billion in 2029
The data of a sector analysis carried out by an American research centre
The global pilot training market is projected to reach 20.21 billion dollars by 2029. This is a Compounded Annual Growth Rate (CAGR) of +31.55% between 2022 and 2029. It emerges from the analysis contained... more
AirlinesAir India purchases 250 aircraft
The contract involves the A-320neo and A-350 aircraft
The State-owned air carrier Air India (controlled by the Tata Group) today finalized a purchase for 250 aircraft produced by the European manufacturer Airbus: these are 210 airplanes of the A-320neo narrowbody... more
AirlinesICAO forecasts complete recovery and growth of air passenger demand in 2023
In 2022 aircraft orders and deliveries by Airbus and Boeing grew
Using advanced big data analytics, ICAO (International Civil Aviation Organization) forecasts that air passenger demand in 2023 will rapidly recover to pre-pandemic levels on most routes by the first quarter... more
AirlinesRussia: Putin meets aeronautical sector
Allocated 161 million Euros for transport in the Far East, thud in the tourism sector
Russian President Vladimir Putin met with representatives of the national aviation industry in the past few hours. At the center of the meeting once again the effects of the economic sanctions inflicted... more
AirportsTurkey: Hatay airport built on the fault line
The denunciation of the National Union of Chambers of Engineers and Architects
The Union of Chambers of Engineers and Architects of Turkey (Tmmob, Türk Mühendis ve Mimar Odalari Birligi), has criticized the national institutions for having built the Hatay international airport, l... more
AirlinesTurkish Airlines in support of earthquake victims
Low fares for transporting volunteers to areas affected by it
The Turkish Airlines company has made available air tickets at fixed prices for departing passengers who intend to volunteer in the areas affected by the earthquake on February 6th. The discounted fare... more
AirlinesUnited States: Loyalty programs worth 200 billion
The value of the top five loyalty schemes according to a recent study
The value of the top five air carrier loyalty programs is worth 200 billion dollars. The commercial ventures of US companies dominate, which in some cases have become the most profitable assets of airline... more
DefenseZelensky flies to London
First European trip since the start of the war
The Ukrainian president Volodymyr Zelensky is not going to San Remo but flies to London today, where he will give a speech in Parliament, according to Downing Street, the office of the British prime minister.... more
AirportsAir-passenger traffic doubled in Europe
Airports Council International (ACI) data for the year 2022 -ATTACHMENT
The Airports Council International (ACI), the association that brings together the management companies of European airports, has recently communicated the data on air traffic recorded during 2022. The... more
Civil aviationEnd of Japanese aircraft project
Announcement concludes 16-year development programme
The dream of creating the first passenger aircraft developed entirely on Japanese soil has definitively faded. It was communicated by the Mitsubishi Heavy Industries Group, head of the Mitsubishi Aircraft... more
AirlinesITA Airways: 100% Lufthansa in two years
The German group expects the Italian airline to reach break-even by 2025
The exclusive negotiation between the Italian Ministry of Economy and Finance (Mef) and the German aviation group Lufthansa, for the privatization of the national air carrier ITA Airways, is now in full... more
AirlinesITA Airways (2): details on the Lufthansa offer
Germans interested in a quota "between 20 and 40%"
Important details emerge on the Lufthansa Group's proposed purchase of a stake in the national air carrier ITA Airways. According to rumors relaunched by the Italian media, in the Memorandum of Understanding... more
AirlinesITA Airways: from Lufthansa "yes" to increase salaries
More than 3,600 current workers may have an increase soon
There are positive news on the employee salary issue of the national air carrier ITA Airways. Less than 48 hours after the meeting between seven trade unions and the airline's management, the favorable... more
AirlinesIndia: growing demand for helicopters
Aircraft are main means of transport during the regional electoral campaign
The State of Karnataka, located in the south-west of the Indian peninsula, is preparing for the 2023 elections. This has led most government representatives to schedule numerous helicopter trips to drastically... more
AirlinesITA Airways: Lufthansa has the last word on salaries
Unions: from the company signals openness on wage increases and application of the contract
Seven trade unions of the air transport category met a delegation of the management of the national airline ITA Airways, represented at the table by the managing director Fabio Lazzerini, Yesterday afternoon,... more
AirlinesITA Airways: agreement with Lufthansa in March
The negotiation will last 60 days, then waiting for a European antitrust opinion
The German aviation group Lufthansa and the Ministry of Economy and Finance (Mef) could terminate the exclusive negotiations for the privatization of the air carrier ITA Airways as early as March, by signing... more
AirlinesITA Airways: negotiations started with Lufthansa
The Ministry of Economy signs a letter of intent from the German group
The negotiations for the privatization of the national air carrier ITA Airways are officially underway. The Ministry of Economy and Finance (MEF), 100% shareholder of the Italian airline, recently signed... more
AirlinesAir France-KLM orders seven A-350 aircraft
Fleet renewal with planes that consume less fuel and lower Co2 emissions
The French-Dutch aviation Group Air France-KLM announced in the past few hours that it has ordered another seven A-350s, four of which in the cargo version. This is a decision that falls within the framework... more
Civil aviationAirplanes and helicopters. Boeing reports 4Q results
Driven by higher 737 and 787 aircraft deliveries
The Boeing Company recorded fourth-quarter revenue of $20.0 billion, GAAP loss per share of ($1.06), and core loss per share (non-GAAP) of ($1.75). The industry also generated $3.5 billion of operating... more
DefenseProgrammatic lines of the Italian Defense
Crosetto: "Giving credibility through adequacy between resource management, their employment and personnel"
The Italian Defense Minister, Guido Crosetto, was heard today in a joint session by the Defense commissions of the Chamber of Deputies, and the Foreign Affairs and Defense commissions of the Senate. The... more
Civil aviationAirbus Helicopters performed steadily in a complex 2022
The first ACH-160 was delivered to a Brazilian customer, transported by a Beluga airplane, in July
In 2022, Airbus Helicopters logged 374 gross orders (net: 362), highlighting the ongoing market recovery with an impressive 216 light single engine helicopters sold. Deliveries increased from 338 in 2021... more
Civil aviationPrivate planes: looking for owners in difficulty
The market trend sees operators looking for aircraft on offer
Some private aircraft operators are looking to purchase new aircraft whose owners are struggling financially. The market is on the rise. An indication of this trend can be found in the financial statements... more
DefenseItalian Chamber votes Yes to military aid
Text approved in Montecitorio with 215 votes in favor and 46 against
The Italian Chamber of Deputies gave the definitive green light to the Ukrainian decree law today, extending until 31 December 2023 the transfer of Italian material assets, weapon systems, ammunition and... more
AirportsAutogrill: resignation of six directors and withdrawal of the Chairman
Designation of new board members to be appointed by co-optation
Autogrill SpA announces that the Chief Executive Officer Gianmario Tondato Da Ruos, and Alessandro Benetton (non-executive director), Franca Bertagnin Benetton (non-executive director), Massimo Di Fasanella... more
DefenseToday the NATO summit in Germany
Details of the forthcoming supply of weapons to Ukraine will be revealed
The North Atlantic Treaty Organization (NATO) summit in Rammstein, Germany kicks off today, 20 January 2023. During the meeting, details on the forthcoming supply of weapons to Ukraine to support the armed... more
AirlinesIt's a transport strike in France
Delays and cancellations in all airports and on metro, trains, trams and buses
The national strike against the pension reform kicks off today in France. The transport sector is also affected with inconveniences that are recorded on railway and metro routes, but also on trams, buses... more
AirlinesITA Airways: Lufthansa bid arrived
No details, according to rumors about 200 million for 40% of the carrier
With the Lufthansa Group's interest in the acquisition of the national air carrier ITA Airways, made official yesterday, the unions ask the Government to be summoned to discuss the objectives of the business... more
AirlinesITA (2). Lufthansa submits offer to acquire a stake in the Italian carrier
The statement issued by the German Group
Deutsche Lufthansa AG is aiming to acquire a stake in the Italian national carrier ITA Airways (Italia Trasporto Aereo SpA). The plan is to agree on the initial acquisition of a minority stake as well... more
AirportsMilan presents the 2026 air taxi plan
Hearing in the Municipality of the Sea airport company which illustrates the project
The Società esercizi aeroportuali (SEA), manager of the Milanese "Enrico Forlanini" airports of Malpensa and Linate, presented yesterday, in the Joint Budget and Mobility Commission to the Municipality... more
AirlinesITA Airways: today the Lufthansa offer
The German group is the only one in the data room, other proposals seem to be excluded
The Lufthansa Group should present its offer for the acquisition of a minority stake in the capital of the national air carrier ITA Airways on the table of the Minister of Economy and Finance (MEF) today.... more