Finance and economy
3,188 news found
Finance and economyAircraft and finance. Emirates might acquire Lufthansa's catering division
Dubai, United Arab Emirates - But at moment the German carrier does not seem available to sell
The Emirates group might be interested in purchasing LSG Sky Chefs, Lufthansa's catering division, which in 2013 achieved an overall revenue of 2.51 billion Euros, with an operating profit of 105 million... more
Finance and economyAutogrill: the 1st quarter showed sustained growth in sales in airports
Milan, Italy - The BoD approves the interim management report to 31 March 2014
Meeting today, the Board of Directors of Autogrill SpA examined and approved the consolidated results at 31 March 2014. Results 1st quarter 2014: · Consolidated revenues: €813m, down 1% on €841.9m in 1... more
Finance and economyeasyJet: 2014 half year results
Milan, Italy - Its strategy continues to deliver sustainable growth and returns
easyJet has delivered an improved first half financial performance driven by a strong focus on capacity allocation, a range of revenue initiatives and a stronger than expected cost performance. Strategic... more
Finance and economyAirbus Group reports 1Q14 results
Amsterdam, Holland - Airbus received 103 aircraft orders and for Airbus Helicopters rose 50%
Airbus Group reports First Quarter 2014 results. The highlights are: · Revenues increase five percent to € 12.6 billion · EBIT before one-off € 700 million · Net income rises 93 percent to € 4... more
Finance and economyAircraft and finance. Alitalia-Etihad: the banks give their go-ahead
Rome, Italy - The government's support: "The negotiation must go on and lead to a positive outcome"
An important step ahead in the talks between Alitalia and Etihad for the entry of the Abu Dhabi-based company in the ownership structure of the main Italian carrier was made during the past hours. According... more
Finance and economyAircraft and finance. Alitalia-Etihad: waiting for news, some shareholders are still looking at Air France
Rome, Italy - "A positive outcome requires everyone's collaboration", the Economy Minister claims
No significant news emerged about the talks between Alitalia and Etihad for the entry of the Abu Dhabi-based company in the ownership structure of the main Italian carrier. The Middle Eastern airline... more
Finance and economyItalian Enav and Poste privatization: Italian government to give the go-ahead
Rome, Italy - Both companies listing is expected within 2014
The Italian government is expected to give the go-ahead for the ministry of Treasury public companies Poste and Enav SpA (Società nazionale per l'assistenza al volo, the Italian air service provider)... more
Finance and economyAircraft and finance. IAG halves its losses thanks to Iberia's recover
London, United Kingdom - Revenue growing by 6.7%
International Airlines Group (IAG), the holding which includes British Airways, Iberia and Vueling, managed to almost halve its operating losses in the first quarter of 2014, passing from 278 to 150 million... more
Finance and economyEtihad acquires ADAT for the maintenace of its aircraft
Abu Dhabi, United Arab Emirates - Mubadala will maintain the engine-focused MRO division
Waiting to define the operation for the entry in Alitalia's ownership structure (AVIONEWS), Etihad Airways inked an agreement with Mubadala Development Company (the investment vehicle of Abu Dhabi's government)... more
Finance and economyAircraft and finance. Alitalia-Etihad: the upcoming days will be deciding
Rome, Italy - Italian Transport Minister: "The alliance would be a very strong signal for the whole Italian system"
The upcoming days will be deciding in order to reach a positive outcome of the Alitalia-Etihad affair: the Abu Dhabi-based company seems indeed to be convinced of the newco solution, but it is still asking... more
Finance and economyAircraft and finance. Alitalia: Etihad is not convinced of the newco solution
Rome, Italy - "If Alitalia closes, there won't be a downsizing: everyone will go home", the Italian Transport Minister comments
The mission in Abu Dhabi of Alitalia Chief Executive Officer Gabriele Del Torchio, who met his counterpart at Etihad, James Hogan did not produce significant steps ahead: the talks for the entry of the... more
Finance and economyAircraft and finance. Alitalia-Etihad summit: CEO updates the Italian Transport Minister
Rome, Italy - According to rumours, the Abu Dhabi-based company requested 2500 layoffs, 1600 of which definitively
A meeting between Alitalia and Etihad Airways' top managers took place yesterday, Tuesday 6 May 2014, in Abu Dhabi: Gabriele Del Torchio and Roberto Colaninno, respectively Chief Executive Officer and... more
Finance and economyFinmeccanica: the BoD approves the interim financial report at 31 March 2014; results in line with forecasts
Rome, Italy - New orders up by 11% thanks to the Aerospace and Defence sectors. Order backlog worth EUR 36.7 billion
The Board of Directors of Finmeccanica, convened yesterday under the chairmanship of Gianni De Gennaro, examined and unanimously approved the Interim Financial Report at 31 March 2014. The results of... more
Finance and economyAircraft and finance. Alitalia and Etihad are working on the newco, summit in Abu Dhabi today
Abu Dhabi, United Arab Emirates - There is an issue with Unicredit: the bank seems not available to grant discounts over the credits it has with the Italian company
A newco 100% owned by Alitalia, without debts, in which Etihad is expected to acquire a 49% stake with a dedicated capital increase: this is the plan which will be explained today, Tuesday 6 May 2014,... more
Finance and economyAircraft and finance. Alitalia-Etihad: summit in Abu Dhabi to be held today
Rome, Italy - Italian Transport Minister: "The bad-company issue is not acceptable and is not shared by the government"
Gabriele Del Torchio and Roberto Colaninno, Chief Executive Officer and Chairman of Alitalia respectively, will meet Etihad's CEO James Hogan today, Monday 5 May 2014, in Abu Dhabi: the summit might represent... more
Finance and economyAircraft and finance. Alitalia-Etihad: summit between Italian Premier and Transport Minister. And Air France pops up again
Rome, Italy - "Any alliance will be assessed on the basis of the industrial plan", Lupi commented
A summit took place today in Rome between Italian Prime Minister Matteo Renzi and Transport and Infrastructure Minister Maurizio Lupi, in order to outline the status of the talks between Alitalia and Etihad... more
Finance and economyAircraft and finance. Alitalia: here's Etihad's letter of intents
Rome, Italy - The Italian company aims to achieve 400-million-Euro savings per year
After a wait of almost a month, the letter of intents with which Etihad down in black and white its interest for the entry in the ownership structure of Alitalia has finally arrived. The confirmation arrived... more
Finance and economyAircraft and finance. Etihad: what are Hogan's intentions for Alitalia's development?
Rome, Italy - Banks are open to discuss the debt restructuring, Linate liberalization is close
During the past hours two important developments might have occurred regarding the conditions set by Etihad Airways for its possible investment in Alitalia: the Middle Eastern company reportedly requested... more
Finance and economyAircraft and finance. Italian PM: "We're waiting". Unions wants to do their part
Rome, Italy - Angeletti (UIL): "The agreement is at a stone's throw"
"We're waiting for Etihad's proposal, then we will act consequently". With these words Italian prime Minister Matteo Renzi, during a Twitter question-and-answer session with citizens, briefly addressed... more
Finance and economyAirplanes and helicopters. Boeing reports strong 1Q results
Chicago, Usa - The figures in commercial and military aircraft, and in BDS, besides outlook
Boeing reports strong first-quarter results. The highlights are: - Core EPS (non-GAAP) of $1.76 on continued strong operating performance; GAAP EPS of $1.28 - Revenue increased 8 percent to $20.5... more
Finance and economyAircraft and finance. Alitalia-Etihad, talks in stallmate but the Italian Transport Minister is optimistic: "Let them work"
Rome, Italy - "High-speed rail links for the airports are already in the national transport plan, they're not a request of the Abu Dhabi-based company"
The meeting of Alitalia board of directors which took place yesterday, Tuesday 22 April 2014, provided a no well-defined outcome. The airline released a brief bulletin explaining that during the meeting... more
Finance and economyFinmeccanica and shareholders' meeting: filing of Remuneration Report
Rome, Italy - Convened in May
Finmeccanica advises that, with reference to the Ordinary Shareholders’ Meeting, convened for 9 and 15 May 2014 (first and second call) and to the Extraordinary Shareholders’ Meeting, convened for 9,... more
Finance and economyAircraft and finance. Alitalia-Etihad talks, Italian Transport Minister: "Maybe someone is rowing against"
Rome, Italy - According to Lupi the plan submitted by the Middle Eastern company does not include the rumoured 3000 layoffs
The negotiation between Alitalia and Etihad for the entry of the Abu Dhabi-based company in the ownership structure of the main Italian carrier has not stopped, but has just slowed down: this is the opinion... more
Finance and economyAircraft and finance. Italian Transport Minister: "Etihad's letter for Alitalia has arrived, the response pertains to private companies"
Rome, Italy - The role of Fiumicino and Malpensa, in addition to the layoffs, are the issues which need to be solved
New developments emerged about the alleged stoppage in the talks between Alitalia and Etihad Airways for the entry of the Abu Dhabi-based company in the ownership structure of the main Italian carrier. During... more
Finance and economyFinmeccanica: publication of the list of candidates for the Board of Directors
Rome, Italy - Proposals to be voted by the Shareholders’ Meeting
In view of the forthcoming Extraordinary Shareholders’ Meeting, which is convened for 9, 14 and 15 May, 2014, on first, second and third call respectively, and of the Ordinary Shareholders’ Meeting, con... more
Finance and economyAircraft and finance. Emirates: missed revenues for almost 200 million Euros because of Dubai's runway closure
Dubai, United Arab Emirates - Works ion the Middle Eastern hub will last from May 1st to July 20
As reported during the past days (AVIONEWS), starting from May 1st to July 20 upgrading works will be performed at Dubai Airport for the renewal of the two runways of the Middle Eastern hub, which will... more
Finance and economyAircraft and finance. Stoppage to Alitalia-Etihad talks (2): confirmation still awaited
Rome, Italy - According to rumours, the Abu Dhabi-based company decided not to invest in the Italian carrier
Confirmations are still awaited for rumours reported today, Thursday 17 April 2014, by "Il Messaggero" regarding the stoppage to the talks between Alitalia and Etihad for the entry of the Abu Dhabi-based... more
Finance and economyAircraft and finance. Did Alitalia-Etihad talks feel through?
Rome, Italy - According to rumours, the Abu Dhabi-based company considered that the required technical and political conditions are not in place
The news still need confirmation, but it is potentially clamorous: when everyone was waiting for the arrival of the letter of intents with which Etihad Airways was expected to formalize its interest for... more
Finance and economyAircraft and finance. Alitalia: Etihad's letter of intents to arrive today
Rome, Italy - Castellucci (Atlantia): "This is a moment of strategic turning point!"
The wait might be over: yesterday, Tuesday 15 April 2014, Etihad Airways' board of directors met and outlined the letter of intents for the entry of the Abu Dhabi-based carrier in the ownership structure... more
Finance and economyFinmeccanica: rescheduling of Financial calendar for 2014
Rome, Italy - The BoD to approve results for the 1Q14 on Tuesday 6 May
Fimeccanica informs that, as partial amendment to the Financial Calendar released on 20 December 2013, the Board of Directors’ Meeting to approve the Results for the First Quarter 2014 will be held on T... more
Finance and economyAircraft and finance. Alitalia: wait goes on for Etihad's letter of intents
Rome, Italy - Meanwhile the Abu Dhabi-based company continues with its growth: revenues up by 27% in the first quarter
The letter of intents with which Etihad will formalize its interest for an investment in Alitalia has not arrived yet, but there is the feeling that any moment may be the right one for this fundamental... more
Finance and economySEA (Milan airports) sells on the market bond from EUR 300 million
Milan, Italy - Request superior to EUR 1 bn
SEA SpA (Milan airports management company) successfully completed yesterday an issue of a bond with fixed tax for an overall similar value of EUR 300 million, as decided by the Board of Directors of last... more
Finance and economyAircraft and finance. Emirates to invest in Qantas?
Canberra, Australia - Canberra's government is supporting the entry of the Middle Eastern airline in the main Australian carrier
The Australian government means to support an investment by Emirates in Qantas, the Australian company which is experiencing a period of harsh financial crisis, both discussing with the management of the... more
Finance and economyAircraft and finance. Alitalia-Etihad agreement: Italian Transport Minister meets the unions
Rome, Italy - The letter of intents of the Abu Dhabi-based company to arrive within days
Etihad's letter of intents, with which the Abu Dhabi-based carrier will formalize its interest for the entry into the ownership structure of Alitalia, will probably arrive in a matter of days. Until... more
Finance and economyAircraft and finance. Layoff in Alitalia required by Etihad, Italian Transport Minister: "I'm not aware of that"
Rome, Italy - Letter of intents from the Abu Dhabi-based carrier will not arrive before Easter
According to rumours which leaked during the past hours, in the talks between Alitalia and Etihad the Middle Eastern company has set very tough conditions to accept to enter the ownership structure of... more
Finance and economyAircraft and finance. Etihad sets the conditions to invest in Alitalia: 3000 layoffs and debt restructuring
Rome, Italy - The Abu Dhabi-based company might invest up to 500 million Euros
According to rumours reported by "Il Sole 24 Ore", Etihad Airways has set very tough conditions to accept to invest in Alitalia: the Abu Dhabi-based company has reportedly presented during the past days... more
Finance and economyAircraft and finance. Alitalia-Etihad agreement: commercial perspective under examination
Rome, Italy - The Abu Dhabi-based company ready to increase its stake in airberlin to 49.9%
Etihad Airways Chief Executive Officer James Hogan declared that the talks for the entry of the Middle Eastern carrier in Alitalia's ownership structure is in the phase of the analysys of the commercial... more
Finance and economyAircraft leasing: GECAS ready to launch 700-million-dollar IPO
Hong Kong, China - The operation is expected to take place in the second quarter
General Electric Capital Aviation Services (GECAS), one of the world's main aircraft leasing companies, is reportedly ready to launch an Initial Public Offering (IPO) to raise about 700 million dollars... more
Finance and economyAircraft and finance. Does Etihad want a double marriage with Alitalia and ADR?
Rome, Italy - The Abu Dhabi-based company is reportedly interested in joining the ownership structure of the management firm of Rome's Fiumicino and Ciampino airports
The signature of what can be called a "Prenuptial agreement" between Alitalia and Etihad might arrive today, Friday 4 April 2014, as confirmed by several sources with knowledge of the details, such as... more
Finance and economyAircraft and finance. Qatar Airways follows Etihad's example and is in hunt for acquisitions
Doha, Qatar - "We are actively discussing opportunities", the CEO of the Middle Eastern airline explains
Qatar Airways is looking for acquisitions of stakes in other companies, as confirmed during an interview with "Bloomberg Business" by Akbar al-Baker, Chief Executive Officer of the Middle Eastern airline. "When... more
Finance and economyFinmeccanica. Shareholders' meeting: filing of documentation...
Rome, Italy - ... Regarding the Annual Financial Report and well-grounded proposal by the Board of Statutory Auditors at the seventh point on the Agenda
With reference to the Ordinary Shareholders’ Meeting, convened for 9 and 15 May 2014 (first and second call) and to the Extraordinary Shareholders’ Meeting, convened for 9, 14 and 15 May 2014 (first, sec... more
Finance and economyFinmeccanica's BoD examined the "Flick Committee" report stating, body appointed in April 2013
Rome, Italy - The Board also approved the Group’s 2013 draft Sustainability Report
The Board of Directors of Finmeccanica, which met yesterday under the chairmanship of Gianni De Gennaro, examined the report drafted by the "Flick Committee", an independent body appointed by the Board... more
Finance and economyAirbus Group signs global cooperation agreement with Bank of China
Toulouse, France - They will also cooperate in the areas of aircraft leasing, aircraft asset management, hedging and corporate loans
Airbus Group has signed a Memorandum of Understanding with Bank of China regarding a global cooperation. The two parties have agreed to work together strategically to advance operation-related activities... more
Finance and economyAircraft and finance. Etihad: 10 days for the Alitalia-plan
Rome, Italy - The hypothesis of an integration of the operations of the Italian carrier and airberlin seems more likely
Etihad Airways is really close to present its strategic plan for Alitalia's relaunch: according to rumours, by 10 days the Abu Dhabi-based company might release its ideas for the future of the main Italian... more
Finance and economyFinmeccanica. Shareholders’ Meeting: filing of documentation
Rome, Italy - It will be convened in May
With reference to the Ordinary Shareholders’ Meeting, convened for 9 and 15 May 2014 (first and second call) and to the Extraordinary Shareholders’ Meeting, convened for 9, 14 and 15 May 2014 (first, sec... more
Finance and economyAirbus Group makes successful return to Euro debt capital markets
Tolouse, France - 1-billion-Euro 10-year bond issue
Airbus Group (stock exchange symbol: AIR), rated A2 by Moody's and A by Standard & Poor's, successfully priced a new 10-year bond offering denominated in euros on 25 March, 2014. This 1-billion-Euro transaction... more
Finance and economyAircraft and finance. Is Alitalia-Etihad agreement close? Possible integration between the Italian carrier and airberlin
Rome, Italy - The new industrial plan could be focused on a strengthening of long-haul operations
According to rumours, great news are awaited in a short time about the talks between Alitalia and Etihad for the entry of the Middle-Eastern company in the ownership structure of the main Italian carrier. The... more
Finance and economyAircraft and finance. Norwegian denies rumours about possibile acquisition of airberlin
Oslo, Norway - Etihad might ask the German company to delist from the stock exchange, in view of a restructuring
During the past days Norwegian Air has been in the middle of rumours claiming that the Oslo-based low-cost company is in talks with airberlin for the acquisition of Germany's second main carrier after... more
Finance and economyFinmeccanica: the BoD approves the 2013 financial statements: return to net profit and new orders up by 11%
Rome, Italy - Profitability up in Aerospace and Defence; AnsaldoBreda negatively affects the overall performance
The Board of Directors of Finmeccanica, convened under the chairmanship of Gianni De Gennaro, examined and unanimously approved the draft of Group consolidated and Finmaccanica SpA financial statements... more
Finance and economyAircraft and finance. Etihad Airways increases its stake in Aer Lingus
Abu Dhabi, United Arab Emirates - The Emirati company takes its stake to 4.1%
Etihad Airways increased its stake in Aer Lingus from 2.987% to 4.1%. The Abu Dhabi-based company invested about 10 million Euros in March to acquire about six million shares available in the market. The... more