Finance and economy
3,212 news found
Finance and economyAvio: first quarter 2019 results
The highlights - ATTACHMENT
The Board of Directors of Avio SpA today reviewed and approved the Q1 2019 results.The highlights are:Revenues: Euro 82.6 million (+10% on Q1 2018)EBITDA Reported: Euro 7.0 million (+15% on Q1 2018)EBIT... more
Finance and economyFincantieri: BoD approved the interim financial information at March 31, 2019
The highlights -ATTACHMENT
The Board of Directors of FINCANTIERI SpA, chaired by Giampiero Massolo, has examined and approved the interim financial information at March 31, 2019.The highlights are:Order intake at euro 6.5 billion,... more
Finance and economyLeonardo: BoD examined and approved results of first quarter 2019
In line with the objectives of the business plan -ATTACHMENT
Leonardo's Board of Directors, convened today under the Chairmanship of Gianni De Gennaro, examined and unanimously approved the results of the first quarter 2019.Solid start to the yearAll main business... more
Finance and economyAna Holdings: financial results for the year ended March 31, 2019
The overall picture and the financial data at a glance
Ana Holdings reported in the last days its financial results for fiscal year 2018 (April 2018-March 2019). OverviewJapan’s economy has continued to experience a gradual recovery with personal consumption pi... more
Finance and economyLufthansa Group expects to increase unit revenues in 2Q
After a weak first quarter -ATTACHMENT
Lufthansa Group expects to increase unit revenues in the second quarter after a weak first quarter.The highlights are:Substantial market-wide capacity expansion in Europe lowers unit revenues and reduces... more
Finance and economyAirplanes and helicopters. Airbus (2): 1Q2019 results
The highlights -ATTACHMENT
Airbus reports today the first Quarter (Q1) 2019 results.The highlights are:Commercial aircraft environment robustQ1 2019 financials mainly reflect A-320 Family ramp-up and delivery phasingRevenues € 1... more
Finance and economyBoeing reports 1Q results
The highlights and detailed information per segment
Boeing reports today the first-quarter results.The highlights are: Engaging global regulators and customers on safe return to service of the 737 MAX aircraftRevenue of $22.9 billion reflecting 149 commercial... more
Finance and economyBoeing: lawsuit filed by shareholders
Aerospace company accused of hiding security issues
The double accident of the Boeing B-737 MAX 8 aircraft for the US company does not only represent image and economic damage -given that orders in March were zero- but will also involve a series of legal... more
Finance and economyUSA-EU (2): retaliation measures from Brussels
Will a friendly solution be found?
According to rumors that leaked from Brussels, the European Commission is preparing a possible retaliation against the United States if duties were to be applied to certain products to "compensate" for... more
Finance and economyUSA-EU: soon customs duties on helicopters, planes and industrial products?
Retaliation for State aid to Airbus
US President Donald Trump returns to threaten the European Union by announcing a series of new duties in response to illegal economic aid provided by EU States to the aerospace company Airbus, a historic... more
Finance and economyLeonardo shareholders' meeting: filing of documentation
Explanatory reports of the BoD and remuneration report
With reference to the Shareholders’ Meeting of Leonardo, convened in Ordinary session on 9 and 16 May 2019 (in first and second call respectively) and in Extraordinary session on 9, 15 and 16 May 2019 (... more
Finance and economyFincantieri: shareholders' meeting approves 2018 financial statements
New BoD appointed
Fincantieri SpA (“Fincantieri” or the “Company”) held its ordinary Shareholders’ Meeting today in Trieste on a single call.Approval of 2018 financial statementsThe Shareholders approved the Financial Statement... more
Finance and economyChina: tax cuts for carriers
Savings of 400-500 million dollars a year
The value of the shares of Chinese carriers has increased following the decision taken by the Beijing government to reduce airport taxes, which were paid directly by the airlines. An important decision... more
Finance and economyBudgets and airplanes: easyJet announces a negative semester
The low-cost title on the stock market fall
According to forecasts for the first half of 2019, the low-cost easyJet should close with a loss of around 275 million pounds, despite the fact that revenues will increase by 7.3% (2.34 billion pounds)... more
Finance and economyAegean: 2018 financial results
A summary of the data
Aegean announces financial results for fiscal year 2018, showing an 5% rise in consolidated revenue at €1,187.4m. Net earnings after tax increased by 13% at €67.9m. Total traffic reached 14m passengers, 6%... more
Finance and economyLeonardo: shareholders’ meeting and resolutions of the BoD
Scheduled for May
The Board of Directors (BoD) of Leonardo, convened today under the chairmanship of Gianni De Gennaro, has resolved that the Shareholders’ Meeting will be convened in Ordinary session on 9 and 16 May 20... more
Finance and economyLeonardo: filing of financial documentation
It is available to the public through various channels
According to applicable law and regulations, you are hereby notified that the Annual Financial Report as at 31 December 2018 (including the Draft Annual Financial Statements and the Consolidated Financial... more
Finance and economyEtihad Airways improves core performance in 2018
And it continues with the transformation plan - ATTACHMENT
Etihad Airways announced the financial results in 2018.The results in detail:Etihad Airways announced yesterday an improvement in core operating performance of 15% in 2018, 7% higher than forecast, on... more
Finance and economyAvio: results for the year 2018
Key data - ATTACHED
The Board of Directors of Avio SpA yesterday reviewed and approved the statutory financial statements and presented the consolidated financial statements of the industry at December 31, 2018.The results... more
Finance and economyBoeing: B-737 MAX software update in about 6 months?
According to JP Morgan, it will lose $ 115 million every month
Boeing should not be able -according to US press- to make updates to the management software of the Angle of Attack sensor (see AVIONEWS) and of the B-737 MAX manuals very quickly, because it could take... more
Finance and economyAutogrill BoD approves results 2018
Strong performance at airports -ATTACHMENT
The Board of Directors of Autogrill SpA has reviewed and approved the consolidated results at 31 December 2018, including the consolidated Non Financial Information Declaration 2018.The BoD approves consolidated... more
Finance and economyLeonardo: results at 31 December 2018
The highlights - ATTACHMENT
Leonardo's Board of Directors, convened today under the Chairmanship of Gianni De Gennaro, examined and unanimously approved the draft of Group consolidated and Leonardo SpA financial statements at 31... more
Finance and economyBoeing opens with a losing of 12.7% on the stock market
Title in slight recovery but always with a negative sign
As expected, the opening of the New York Stock Exchange was very complicated for the US aerospace company Boeing, which started trading day, losing 12.7%, even if within one hour it reduced losses to 8.51%.... more
Finance and economyAtlantia: consolidated and financial statements for 2018 approved
Green light from the BoD meeting held today -ATTACHMENT
Today’s meeting of the Board of Directors (BoD) of Atlantia SpA, chaired by Fabio Cerchiai, has examined and approved Atlantia’s separate and consolidated financial statements for the year ended 31 Dec... more
Finance and economyUSA-China: there will be by the end of March an agreement on duties?
It would be signed in the margins of a meeting between Trump and Xi
The United States and China by the end of March should conclude the negotiations that are in progress, closing the trade dispute by signing an agreement that should provide for the total removal of all... more
Finance and economyFincantieri: the stock flies on the stock market after +15.9% yesterday
Value growth continues today as well
Yesterday evening the Deputy Prime Minister, Minister of Labor and Economic Development, Luigi Di Maio, returned to the topic concerning the possible renewal of the Fincantieri summit, explaining that... more
Finance and economyFincantieri: 2018 consolidated financial statements and draft financial statements of the parent company
The data at a glance, the comments by its CEO Bono - ATTACHMENT
The Board of Directors of Fincantieri SpA, chaired by Giampiero Massolo, has approved the Consolidated financial statements at December 31, 2018, the draft financial statements of the parent company at... more
Finance and economySaudi Arabia-China: 35 agreements for 24.6 billion euros
These include the new Wing Loong II armed drones
During the visit of the Saudi hereditary prince Mohammed bin Salman to Beijing, the two governments have signed -according to the Saudi press- 35 industrial and economic cooperation agreements for a total... more
Finance and economyAirplanes-helicopters. Airbus (2) reports strong 2018 results
The highlights -ATTACHMENT
Airbus reports full-year 2018 results.The highlights are:Strong 2018 performance, guidance deliveredRevenues € 64 billion; EBIT Adjusted € 5.8 billion; Free Cash Flow Before M&A and Customer Financing € 2... more
Finance and economyAna Holdings: financial results for nine months financial year 2018-19
In the period between April and December
Ana Holdings reported its financial results for the nine months ended Dec. 31, 2018.OverviewJapan's economy has continued to experience a gradual recovery with personal consumption picking up in accordance... more
Finance and economyAlitalia. January was the 14th consecutive month of passenger revenues growth
+4% in the first month of 2019
Alitalia’s passenger revenues increase continues the growth trend reported in the previous months. The Italian airline reported in January 2019 the fourteenth consecutive month of growth, with a 4 per c... more
Finance and economyPaolo Zannoni appointed as president of Autogrill
BoD examines and approves preliminary data 2018 - ATTACHMENT
The Board of Directors of Autogrill SpA, convened today, appointed by co-optation Paolo Zannoni as Director of the Company, in place of the deceased Gilberto Benetton, also appointing him as Chairman.The... more
Finance and economyAircraft-helicopters. Boeing: 2018 results and 2019 guidance
Commercial aircraft, defense, space and security, global services
Boeing announced the results for 2018 and forecasts for 2019.The highlights:Fourth Quarter 2018Record revenue of $28.3 billion and record operating profit of $4.2 billion driven by higher volumeRecord... more
Finance and economyeasyJet: quarter ended 31 December 2018
It delivers a good start to the year, in line with expectations
SummaryeasyJet has delivered a good performance in the quarter with robust customer demand driving passenger and ancillary revenue which is in line with expectations. Underlying revenue per seat was positive,... more
Finance and economyEmbraer presents preliminary forecast for 2019 and 2020
At a meeting with investors at the NYSE -ATTACHMENT
Embraer presented yesterday its preliminary forecast for 2019 and 2020 at a meeting with investors at the New York Stock Exchange (NYSE). For 2019, the company expects to deliver between 85 and 95 commercial... more
Finance and economyDelta Air Lines announces December quarter and FY 2018
The highlights
Delta Air Lines reported yesterday financial results for the December quarter and full year 2018. The highlights are:December quarter 2018 GAAP pre-tax income of $1.3 billion, net income of $1.0 billion... more
Finance and economyHNA: sales of shares and property continue
Next step the decommissioning of airlines?
The managers of the HNA Group met this morning the directors of the credit institutions to find ways to restructure the debt and find new funds to prevent bankruptcy, including through the sale of shareholdings... more
Finance and economyDelta Air Lines: 8.94% drop in the stock market
The revenue is lower than expected
Delta Air Lines announced that revenues in the fourth quarter of 2018 were lower than previous forecasts and yesterday the trades on the stock market dropped by about 8.94%, after reaching a maximum of... more
Finance and economyAirbus: the value of the shares on the stock market collapses
A new investigation for corruption in the US has been opened
The aerospace company Airbus today fell to the Paris Stock Exchange, reaching a peak of 9%, then rising again in the early afternoon and settling around a 5% decrease. To provoke this sharp decrease seems... more
Finance and economyEmbraer: if the jv will make you pay a huge dividend to shareholders
It will be paid an amount between 1.6 and 1.7 billion dollars
If the agreement with Boeing was to be approved by the Jair Bolsonaro government and by the shareholders' meeting, the Brazilian aerospace company Embraer could pay shareholders an extraordinary dividend... more
Finance and economyLeonardo: financial calendar 2019
Among different BoDs, shareholders' meeting and conference-calls
Leonardo informs that the annual calendar of corporate events for theyear 2019 is as follows:Wednesday 13 March – Board of Directors: Draft Annual Report for 2018Wednesday 8 May – Board of Directors: Res... more
Finance and economyAircraft market. Muilenburg hopes for the end of the US-China trade war
If it should continue it could have very heavy repercussions
Even the CEO of Boeing Dennis Muilenburg has returned -speaking to the press- on the subject of the trade war between China and the United States, hoping that soon a solution will be found to avoid heavy... more
Finance and economyFrance: the protests of the yellow vests frighten the investors
Heavy loss of the Air France stock on the stock exchange
The street protests of the "yellow vests" in Paris against, first, the possible increase in taxes on fuel and, secondly, to demand the resignation of the executive led by President Emmanuel Macron are... more
Finance and economyLeonardo: signed a Term Loan Facility
For EUR 500 million
Leonardo signed a new Term Loan Facility with a pool of domestic and international banks for the purpose of refinancing existing debt. The credit line amounts to 500 million euros and has a maturity... more
Finance and economyLeonardo: financing from EIB in technological development support
For EUR 300 million and focused on four specific areas
Leonardo and the European Investment Bank (EIB) have signed a loan agreement for 300 million euros in Rome today.The financing has the purpose of supporting the investment projects planned in the Company... more
Finance and economyLeonardo: the title rises on the rumors of new orders for helicopters
Israel would be willing to make an order worth over € 1 billion
Despite the negative day of the Milan Stock Exchange (at 3:50 pm to -0.22%), the aerospace and defense company's stock Leonardo is going against the trend, with the prices going up by about 0.50% supplied... more
Finance and economyItalian ENAV BoD approves the nine months 2018 results
Operating performance in a context of strong traffic growth -ATTACHMENT
The ENAV SpA Board of Directors, held today under the chairmanship of Nicola Maione, approved the preliminary results at 30 September 2018.The highlights are:En-route and terminal traffic grow 9.2% and... more
Finance and economyLeonardo: the stock collapses after the publication of the quarterly report
Despite no financial analyst advises to "sell"
From the quarterly report presented yesterday by Leonardo, margins have emerged lower than expected, especially for what concerns the Ebita from 694 million Euro to the current 632 million in the first... more
Finance and economyFincantieri: the BoD approves 9M 2018 results
Important steps taken on strategic alliances -ATTACHMENT
The Board of Directors of Fincantieri SpA, chaired by Giampiero Massolo, has examined and approved the interim financial information at September 30, 2018.Results in line with the Business Plan 2018-2022... more
Finance and economyAirplanes-helicopters. Leonardo: results at 30 September 2018
Steps forward executing the Industrial Plan -ATTACHMENT
The Board of Directors of Leonardo, convened today under the chairmanship of Gianni De Gennaro, has examined and unanimously approved the results at 30 September 2018 and the results of third quarter 2018.... more