Finance and economy
2,593 news found

AirlinesIsrael: repatriation to Oslo failed
Norwegian Air's insurance does not cover flights to and from Tel Aviv
The low-cost carrier Norwegian Air today cancelled a flight organized specifically for the planned evacuation of Norwegian citizens. The reason? The airline's insurance company no longer covers routes... more

AirlinesSpain: hacker attack on airline
Air Europa has suffered a payment system breach
The Spanish airline Air Europa has suffered a cyber attack on its on-line payment system in recent hours. The company said the breach allowed hackers to reveal the credit card details of some of its customers.... more

AirlinesIsrael (4): flights suspended until December
The announcement from American Airlines
American Airlines announced in the last few hours that it had temporarily suspended all air connections between the US airports and the "David Ben Gurion" international airport in Tel Aviv. It's a move... more

Civil aviationIsrael (3): civilian planes to bring soldiers back to Tel Aviv
Airlines such as El Al, Israir and Arkia have organized additional flights
In recent days, Israel mobilized around 300,000 reservists with the aim of regaining "full control" of the border with the Gaza Strip and "restoring the level of security". For this reason, the Israel... more

DefenseIsrael: AH-64 Apache helicopters in action
Aircraft deployed to fight Hamas militants
Tension continues in the Middle East. After the hail of missiles launched by the Palestinians against Israel, Tel Aviv's harsh response does not stop. In the early hours, the government led by Prime Minister... more

AirportsLondon: fire at Luton airport
The flames have devoured a car park - VIDEO
Operations suspended at London-Luton Airport until 4pm Italian time. All flights to and from the British airport are cancelled until this afternoon, according to what was communicated by the management... more

AirlinesVirgin Australia Airlines sees again profit
For the first time in 11 years the carrier reports a profitable balance sheet
Virgin Australia Airlines today communicated the official economic data recorded by the company for the fiscal year 2023 (from 30 June 2022 to 30 June this year): revenues amounted to 3.21 billion dollars,... more

AirlinesAircraft and transport: sector at pre-covid levels
In four years operating costs have grown dramatically
The number of air passengers transported around the world has returned to the same record level recorded in the period before the pandemic. However, in these four years operating costs have grown dramatically... more

Civil aviationEIB loan of EUR 160 million to Italian ENAV
For the modernization and digitalization of the infrastructures
Investments aimed at the evolution of air traffic management systems more

DefenseUSA: possible aid to Kiev and Israel
Kirby: "We are a strong country to support both Ukraine and Tel Aviv"
The US administration led by President Joe Biden is considering including funding for Ukraine in the urgent request for aid to be sent to Israel, following the escalation of violence with the Palestinians.... more

Civil aviationJapan invests in hydrogen planes
Government allocates 194 million euros to develop batteries, technology and engines
Japan will invest in the technological development of aircraft powered by electricity generated from hydrogen. Regarding this, the Ministry of Economy, Trade, and Industry, led by Yasutoshi Nishimura,... more

AirlinesITA-Lufthansa: an uphill privatization
The issues that could hinder the free competition commission
Uncertainty about the timing and possible obstacles in Brussels. The path that should bring 41% of the national carrier ITA Airways into the hands of the Lufthansa aviation group is becoming steeper. After... more

AirportsLiège Airport: intelligence investigates
"Possible espionage activities" by the Chinese Alibaba are under observation
The State Security Service of Belgium, that is the National intelligence, has opened an investigation into the activities carried out at the Liège-Bierset airport by the Chinese group Alibaba, which has... more

AirlinesBrussels calls for uniformity on airline baggage
Parliament wants to put order on tariffs and sizes of airlines
The European Parliament recently approved a resolution asking air carriers to define uniform standards regarding the dimensions of hand luggage and the costs of boarding them. The decision, which was adopted... more

DefenseGranada Summit: on talk about aid in Kyiv
Ukrainian President Zelensky will ask for military support, after Washington's stop
Convened by Charles Michel the informal European Council which will be held tomorrow, Friday 6 October, in Granada, Spain. Among the dossiers on the table are the enlargement of the European Union, the... more

AirlinesMoscow is betting on planes made in Russia
"Rosaviatsia" communicates: 50% of fleets produced internally by 2030
Moscow's Ministry of Transport has announced that the share of planes produced by domestic companies and present in the fleets of Russian companies could reach at least 50% by 2030. This is what emerges... more

Airlines"Travel Experience" in Rimini will start soon
Many airlines at the tourism promotion fair (11-13 October)
The "Travel Experience" fair is starting soon. The Italian tourism promotion event, now in its 60th edition, will be held in Rimini from 11 to 13 October. This year's theme is "The year of Utopia. Live.... more

AirlinesAmsterdam Airport: 3.1 billions for works
Maintenance, expansion and modernization of the airport by 2027
The Amsterdam-Schiphol airport management company plans investments of over 3 billion dollars for the 2024-2027 development program, which includes maintenance and modernization works at the airport. Infrastructure... more

Civil aviationUSA: 3.5 millions for Police helicopters
Cleveland City Council approves maintenance funds
The Cleveland City Council recently approved an investment of 3.5 million dollars to bring two Police department helicopters back into the sky. This is an initiative that comes after months and months... more

AirlinesUSA. United orders 110 new planes
This would be the second largest aircraft purchase in the past year
Breaking news. The United Airlines announced today that it has ordered 110 new planes. In detail, these include 50 widebody B-787 Dreamliner aircraft of US production and 60 narrowbody A-321 aircraft of... more

Civil aviationUnited States: drones to prevent fires
In California employed to inspect electrical infrastructure
California strengthens its prevention mechanism against forest fires. For this reason, the Southern California Edison company (Edison International Group), which offers various types of electricity services... more

DefenseRussia-Ukraine: Brussels proposes new aid
G7 countries meeting tomorrow to talk about sanctions against Moscow and support for Kiev
After the heated discussion that yesterday led the United States Congress to suspend the planned shipment of armaments to Ukraine, worth 6.2 billion dollars, the leaders of the G7 countries will hold a... more

DefenseUkrainian war: US suspends aid to Kiev
About 16 billion dollars will be provided to pay salaries to federal employees
Ukraine will not receive an additional 6.2 billion dollars in military aid from Washington. It is what emerged in the last few hours after a heated political discussion in the United States Congress regarding... more

AirlinesHeathrow Airport: who owns precious slots?
At the top of the list are the UK and European flag carriers
London-Heathrow Airport in the UK is one of the busiest in the world with around 61.6 million passengers per year. In 2022 it even ranked eighth in the ranking of the most popular ones globally, behind... more

Civil aviationUSA: agreement pilots-United Airlines
Workers will get a salary increase of up to +40% in four years
Pilots at US carrier United Airlines will get a pay increase of up to +40% over four years, including benefits and other improvements in working conditions. It is the positive outcome of the negotiations... more

AirlinesITA-Lufthansa: a rule that locks in the agreement
Text of the Council of Ministers which reiterates Brussels' thesis on the discontinuity with Alitalia
The Italian Government has reiterated what has been expressed several times by the European Commission: there is no continuity between the air carrier ITA Airways and the former company Alitalia in extraordinary... more

AirlinesAircraft. Italian strike: reduced to four hours today
Protests of the handling sector, airline related industries and easyJet flight attendants
The Italian strike in the air transport sector scheduled for today 29 September has been reduced to four hours. The workers in the airport services sector will be the ones to fold their arms for ground... more

Civil aviationGreece purchases 4 firefighting helicopters
Green light from the Ministry of Finance to spend 100 million euros
Greece invests resources to strengthen the national public firefighting service fleet. The Hellenic Ministry of Finance, led by Kostis Hatzidakis, yesterday approved the purchase of four heavy transport... more

DefenseAustralia: NH-90 helicopters definitively grounded
Advance by one year due to recent fatal accident
The Government of Australia has announced that the Australian Defense Force's entire fleet of NHIndustries MRH-90 "Taipan" multi-role military helicopters have been taken out of service. The reason for... more

AirlinesSingapore airport: Terminal 2 reopens
Complete reactivation expected by the end of October with new shops and restaurants
The north wing of Terminal 2 of Singapore Changi International Airport reopens today with the first take-offs and arrivals scheduled. The works, lasted three and a half years, involve the renovation, modernization... more