Finance and economy
2,611 news found

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

AirlinesLufthansa Group: results of the third quarter of 2023
And it expects continued strong demand for air travel
Lufthansa Group unveiled the results of the third quarter of 2023 (3Q2023).The highlights are:Passenger airlines carried 38 million travellers between July and September; All Group airlines report double-digit t... more

AirlinesBrescia Airport reopens today at 12:00
The closure yesterday afternoon after an emergency landing
The "Gabriele D'Annunzio" international airport of Brescia-Montichiari reopens today at 12:00. This is what is reported in a Notam (Notice to airmen) notice issued yesterday, Wednesday 1st November, after... more

AirlinesSAF fuel could reduce microparticles
Result of a joint study between a research centre, an airline and an oil company
Using Sustainable Aviation Fuel (SAF) could reduce ultrafine particle emissions by 30% compared to traditional kerosene. This is what emerges from a joint study on air quality conducted by the German aerospace... more

AirlinesUSA: towards blocking JetBlue-Spirit merger
American government would like to stop acquisition due to competition fears
The US government wants to block the planned acquisition of the low-cost airline Spirit Airlines by the airline JetBlue Airways. This is a deal worth 3.8 billion dollars. The US Department of Justice wants... more

AirlinesUSA: fine to Southwest Airlines
Transport Department imposes penalty for flights cancelled at Christmas 2022
The US Department of Transportation is about to impose a heavy fine against the US carrier Southwest Airlines, which during the 2022 Christmas holiday period cancelled 16,700 flights and left two million... more

DefenseSpain: H-135 helicopters in service
The first aircraft of the model intended for the Navy
The first H-135 military helicopter entered into service in Spain with the Navy (Armada). This is the first rotary-wing aircraft of a order consisting of seven helicopters. This aircraft will be used for... more

Finance and economyNorway purchases six military helicopters
Oslo buys first MH-60R "Seahawk" amphibious aircraft
The Government of Norway will buy six MH-60R "Seahawk" amphibious military helicopters produced by the American company Sikorsky (Lockheed Martin Group). The green light for the sale arrived in recent... more

AirlinesTAP: stop the privatization decree
President does not sign and sends text back to Parliament
The President of Portugal, Rebelo de Sousa, in recent days did not sign the government decree on the privatization of the national carrier Transportes Aéreos Portugueses (Tap), blocking it and sending... more

CargoRussia: new Mil Mi-26 helicopter version
One of the world's largest aircraft reaches its third variant
The Russian Aerospace Forces have received a modernized version of the Mil Mi-26 heavy transport military helicopter, one of the largest rotary-wing aircraft in the world. This is the "T2V" variant, the... more

AirlinesITA-Lufthansa: notification to Brussels in mid November
The sale of some airport slots or the disposal of some assets is expected
The official notification of the privatization operation of the national carrier ITA Airways is expected in the first half of November, of which the current sole shareholder, the Italian Ministry of Economy... more

AirportsUK: one million liters of Saf fuel
Farnborough Airport reaches milestone for private flights
The management company of the British Farnborough airport, especially dedicated to general aviation operations with corporate flights and private planes, recently announced the sale of the millionth liter... more

DefenseIsrael (2): France sends humanitarian ship
Helicopter carriers to guarantee Palestinians access to medical care
The government of France has sent an amphibious assault ship, the "Tonnerre", to the Gaza Strip. It is a navy helicopter carrier that is headed to the eastern Mediterranean to support civilian hospitals... more

AirportsItalian airports involved in cyberwar
Iezzi: "An open Italian front in the context of the Hamas-Israel cyberwar"
The hacker attack conducted yesterday by the "Mysterious team Bangladesh" group against the websites of various Italian airports (Apulia, Calabria, Naples, Valle d'Aosta), raised the question of the defense... more

AirlinesDenied boarding: EU Court defends air passengers
Airlines not exempt from paying compensation to passengers informed in time
The Court of Justice of the European Union has ruled in favor of a German passenger who had turned to a national court to ask for 250 euros in compensation from the air carrier Latam Airlines, which had... more

Civil aviationAirplanes and helicopters. Boeing reports third quarter results
Company still expects to deliver 70-80 B-787 and now 375-400 B-737 airplanes
The Boeing Company recorded third quarter revenue of $18.1 billion, GAAP loss per share of ($2.70) and core loss per share (non-GAAP) of ($3.26). Third quarter results were impacted by unfavorable defense... more

AirlinesPoland finds partner for new airport
Franco-Australian consortium puts 1.79 billion euros on the table
Poland has selected a Franco-Australian consortium (Vinci Airports and Ifm Global Infrastructure Fund) as an investment partner in the construction project of a large and modern airport. This is Solidarnosc... more

AirportsFrance: intermediate airports in danger
The Court of Auditors has questioned the usefulness and effectiveness of State subsidies
Intermediate airports in France feel threatened. After the Cour des Comptes questioned the usefulness and effectiveness of state subsidies last June, the auditors put the performance of each individual... more

AirportsRome-Fiumicino Airport: who is the new handler
Operator Airport Handling is a subsidiary of Dnata (Emirates Group)
The awarding of the airport handling service at the "Leonardo da Vinci" airport of Rome-Fiumicino is at the center of international interests. While the operator Swissport announces a complaint against... more

Civil aviationIndia will purchase another 156 military helicopters
"Prachand" light combat aircraft for China-Pakistan border deployment
The Indian Air Force is planning an order for 156 more light combat helicopters "Prachand", made by local manufacturer Hindustan Aeronautics Limited. This is an initiative that has a dual objective: to... more

AirlinesWhich airlines carried the most passengers
Around 3 billion customers have bought a ticket to fly in 2022
The 2023 "Big Book of Travel Data" study commissioned by the insurance group Allianz Partners and carried out by IdeaWorksCompany has lined up companies from all over the world based on passenger traffic... more

DefenseTrilateral aircraft exercise in Asia
First joint training between Japan, South Korea and the USA
The defense ministries of South Korea and Japan have announced that the first joint exercise involving the Tokyo, Washington and Seoul air forces has successfully concluded. The joint training took place... more

Civil aviationUSA: airline industry has production problems
Investors fear about possible losses and achieving goals
The US airline industry continues to experience a number of snags in its component supply chain, limiting factories' production capacity. Investors are therefore wondering whether the main players in the... more

DefenseUK: aircraft carrier tests new armaments
These are Training Variant Torpedos launched from a helicopter
The British Royal Navy aircraft carrier "Hms Queen Elizabeth" recently carried out new tests with torpedo launches and tests on new armaments. This occurred during some naval and air exercises of the Carrier... more

DefenseIndia modernizes military fleets
Army will receive first new generation aircraft in 2024-2025
India is pursuing the modernization of its military aircraft fleet. The program envisages the decommissioning starting from 2027 of the "Cheetah" rotary wing aircraft developed by the national company... more

DefenseRed Sea: American ship shoots down missiles
Washington puts forward various hypotheses: directed against Israel and against the "USS Carney"
The US military shot down three missiles launched from Yemen and headed north. Washington assumes that they were directed against Israel, but at the moment there is no confirmation and it is only a hypothesis.... more

AirlinesCroatia Airlines purchases new planes
Deliveries of the first ones in June 2024 and then will end in 2027
The management of the national carrier Croatia Airlines has announced that it will buy 15 new aircraft: 12 A-220/300 airplanes with 149 seats and three A-220/100 aircraft with 127 seats. The company is... more

Civil aviationItalian strike today: the situation in the airports
Up to 20% of flights cancelled at the two Milanese airports
The 24-hour general strike at national level in the public and private sectors starts today, Friday 20 October. The air transport sector is also involved. Possible interruptions to local public transport,... more