Finance and economy
3,166 news found
Finance and economyAircraft and economy: more money to Italian INPS, national airport taxes raise by 2 Euro after 1 July 2013
Rome, Italy - "Airport taxes will produce more negative effects than positive benefits to Italian economy"
Starting next year the airport taxes in Italy will rise by 2 Euro per passenger. ADOC, Italian association for customer defence and rights, has calculated this increase as 37% of the entire boarding tax.... more
Finance and economyAvio: order book soars above €6 billion (aircraft engines, space and services)
Turin, Italy - Revenues, EBITDA and investments increase
The Board of Directors of Avio, the international aerospace group, yesterday approved the Group’s 2011 financial results. Avio’s 2011 results saw increases in Group revenues, adjusted EBITDA and investment; a r... more
Finance and economyFinmeccanica: examined and approved the financial statements for 2011
Rome, Italy - Under the chairmanship of Giuseppe Orsi
Finmeccanica’s board of directors, meeting yesterday under the chairmanship of Giuseppe Orsi, examined and unanimously approved the preliminary financial statements for 2011. 2011 Results The r... more
Finance and economyHelicopter market will suffer a downturn
Newtown, USA - Forecasts for next ten years by two US companies
In spite of the recent success of the helicopter industry (first among all Eurocopter and AgustaWestland) it seems the average of sales and production will decrease in the future. The analysts of Forecast... more
Finance and economyIndia on top of the largest heavy arms importers: helicopters, aircraft and warships
Delhi, India - Russia and America control around 60% of the war market worldwide
SIPRI (Stockholm International Peace Research Institute), a society researching into conflicts, disarmament and armament sales, declared today India has topped a rating of the world's largest heavy arms... more
Finance and economyWTO confirms illegal subsidies to Boeing
Geneva, Switzerland - Both of the industries claimed a victory
The dispute between the two giants of aeronautical market, Boeing and Airbus, seems to be destined to never end since WTO, often consulted to control reciprocal accusations about illegal funding received... more
Finance and economySpecial in Paris. Record growth at EADS
Paris, France - Records at Airbus, growth at Eurocpter and stability at Astrium and Cassidian
During the conference in Paris, today March 8, 2012, the European corporation released its analysis of 2011 results. EADS in 2011 continued to grow and to improve its economic performances. EADS' order... more
Finance and economyAutogrill: the BoD approves the consolidated financial statements at 31 December 2011
Milan, Italy - Growth was driven by performance achieved in airports (up 7.1%)
The Autogrill board of directors approves the consolidated financial statements at 31 December 2011: 2011 results · Consolidated revenues: EUR 5,844.6m, up 4% on 2010 (up 2.5% at current exchange... more
Finance and economyFinmeccanica: rescheduling of the Financial Calendar 2012
Rome, Italy - As reported on 24 January 2012
Finmeccanica informs that the meeting of the Board of Directors to approve the draft Annual Report for 2011 will be held on Tuesday 27 March 2012 instead of Wednesday 14 March 2012 and that the Shareholders’ M... more
Finance and economyThe grip of Italian Premier Monti over the "Official planes"
Rome, Italy - Train trips for politicians
A saving of EUR 23.5 million has been obtained by Government Monti operating heavy cuts to "Official flights" for politicians, literally forced to more conventional transports for their movements, such... more
Finance and economyThe "Golden" wages of Defence and Security in Italy
Rome, Italy - Manganelli, Abrate, Valotto, Branciforte and Bernardis richer than Obama
The Italian Minister of Civil Service Reform, Patroni Griffi, launched the operation "Transparency", a wide control of the wages of the public officers in the Country. The results evidenced an average... more
Finance and economyAircraft and war ships to ward off the blockage of the Strait of Hormuz: the situation become critic
Strait of Hormuz, Iran - Worrying scenery the one prospected by Amhad Ghalebani declarations, president of NIOC
The economic and political situation related to oil supply seems to degenerate day after day. After the menaces of a blockage of the Strait of Hormuz (where American obviates sending two air-sea task... more
Finance and economyBAE Systems: Cameron is not doing enough to rescue English workers
Samlesbury, United Kingdom - 1400 jobs in Lancashire and 900 jobs in Yorkshire are going to be cut
A Lancashire (the region where Samlesbury and the aeronautical establishment of BAE systems are) MP accused the prime minister of not doing too much to help the corporation to positively end the negotiation... more
Finance and economyIndia is going to rescue its airlines. Companies will purchase oil directly
Delhi, India - Oil market expenditures are going to be bypassed, also looking to potential international investors
The safety measure to rescue Air India future is going to be discussed by Government. The measure, directed to rescue five of the six Indian Airlines, is pointing above all to lower fuel import costs,... more
Finance and economyLM F-35: a billionaire business around the new fighter aircraft (VIDEO)
Bethesda, USA - Great opportunities due to marketing ability, right partners and many successes already collected
The F-35 Lightning II, the new American super fighter, finished its tests and it is already the main character in hard international negotiation focused on purchasing it in the next future. This aircraft,... more
Finance and economySarkozy: ''Rafale aircraft will save France"
Paris, France - And maybe will save polls too.
"We are waiting this moment since 30 years" said last days French Premier to the press, before reporting the "Excellent News" to his Ministers, as wrote on "The Guardian". In fact, Rafale deal with... more
Finance and economyCameron still believe in Eurofighter; Indian new fighter won't be sold by French
London, United Kingdom - Wasted time in idle chatter?
After days of polemies which break the news from BAE System Uk's heads recently, English Prime Minister David Cameron spokes too." The notice is obviously disappointing", words recorded by "BBC" on February... more
Finance and economyAutogrill calendar of company events for 2012
Milan, Italy - In March, April (two), May, July and November
Autogrill SpA announces its financial disclosures calendar for 2012, indicating when the Company’s accounts will be examined and approved by Board of Directors and Shareholders’ meetings: - March 7,... more
Finance and economyFinmeccanica: information on the outcome of the share buyback programme
Rome, Italy - The company now holds a total of 32,450 own shares, equivalent to around 0.0056% of the company’s share capital
In compliance with the provisions of article 144-bis, paragraph 4, of the Issuer Regulations implemented by Consob resolution 11971/1999, Finmeccanica advises that on 31 December 2011 the deadline for... more
Finance and economyLufthansa: British Midland sold to IAG (British Airways-Iberia)
Berlin, Germany - Sale provides to the carrier sustainable future prospects and the opportunity to benefit from stronger financial position
Lufthansa said in a press release that Deutsche Lufthansa AG (Lufthansa) and International Airlines Group (IAG) have signed a binding purchase agreement for the sale of British Midland Ltd. (bmi) to IAG... more
Finance and economyGoldman Sachs will act as intermediary in the sale of the Moscow-Domodedovo airport shares
Moscow, Russia - According to rumours, 20% might be on sale for a value of 1 billion American dollars
Following the decision to postpone the initial public offering of the Moscow-Domodedovo airport on the London Stock Exchange taken last May due to the current unfavourable market conditions, the manager... more
Finance and economyFinmeccanica: Standard&Poor’s will maintain society's status
Rome, Italy - At investment grade level
"Standard&Poor’s yesterday announced it will maintain Finmeccanica’s investment grade status, while lowering its long-term credit rating from BBB/Negative Outlook to BBB-/ Negative Outlook and maintaining at... more
Finance and economyFinmeccanica's BoD. Breakdown of key figures
Rome, Italy - The order backlog was EUR 44,811 million
Breakdown of key figures New orders totalled EUR 10,638 million in the first nine months, down EUR 2,841 million (-21%) on the EUR 13,479 million recorded for the first nine months of 2010. This decline... more
Finance and economyFinmeccanica. Third-quarter financial results to 30 September 2011
Rome, Italy - New orders were EUR 10,638 million
Third-quarter financial results to 30 September 2011. NB The 9M11 results reflect the impact of the sale of 45% of Ansaldo Energia on 13 June 2011, date from which Ansaldo Energia has been consolidated... more
Finance and economyAutogrill: the BoD approves the Interim Report to 30th September 2011
Milan, Italy - It sees growth in 3rd quarter revenues and
"The Board of Directors of Autogrill approved the Interim Report to 30th September 2011. Following the figures in a summarized manner: · Consolidated revenues: EUR 1,667m, up 5.1% on 3rd quarter... more
Finance and economyIAG: 3rd quarter results
London, UK - For the three and nine months ended September 30, 2011
International Airlines Group last Friday presented Group results for the three and nine months ended September 30, 2011. In addition, IAG presented combined results for the nine months ended September... more
Finance and economyItaly. SEA (Milan airports): procedure for the listing on the Stock Exchange proceeds
Milan, Italy - Last Friday Board of Directors took the decision
Last Friday, SEA (Società per azioni esercizi aeroportuali - Milan Airports Management Company) announced that the Board of Directors decided to proceed with the publication of the registration document... more
Finance and economyLM announces third quarter 2011 results
Bethesda, Usa - Net sales grew 7 percent to $12.1 billion
Lockheed Martin (LM) announced yersterday third quarter 2011 results. Following the figures: - Net sales grew 7 percent to $12.1 billion - Earnings from continuing operations grew 19 percent to... more
Finance and economyBoeing reports third-quarter results 2011
Chicago, Usa - A summary of the figures
Boeing reported yesterday the third-quarter results. Following, the summary of the figures - Earnings per share of $1.46 reported on revenue of $17.7 billion - Backlog grew to $332 billion, including... more
Finance and economyMiddle East, a source of economic growth in the aviation industry
Dubai, United Emirates - Declared by Boeing during a conference held in Dubai
During the annual conference of investors in the aircraft manufacturing market of the Middle East, Africa and South Asia being held in Dubai, representatives of Boeing Capital Corporation, the financial... more
Finance and economyItalian "Cassa Depositi e Prestiti" seems to be interested in Italian Avio too
Milan, Italy - To save a strategic company
Following the announcement by the French company Safran, saying that it was considering the acquisition of Italian Avio; issue followed also by a parliamentary question (see AVIONEWS), it seems that the... more
Finance and economyeasyJet pre-close statement for the year ended 30 September 2011
Milan, Italy - Current trading; dividend and return of capital; forward bookings; hedging and costs
"Current trading easyJet’s commercial performance continues to be robust across the network, with particular strength on city routes used by business and short break leisure travellers. As a result, t... more
Finance and economyFinmeccanica launches share buyback programme
Rome, Italy - For a maximum of 1,530,287 ordinary shares
"Finmeccanica advises that, pursuant to article 144-bis, paragraph 3, of Consob Regulation 11971/1999, it is to proceed with the launch of the share buyback programme approved by the shareholders’ meeting h... more
Finance and economyQatar is said it wants to buy EADS's stakes
Doha, Qatar - According to some news sources
According to some sources of international press Qatar would be interested in buying about 7.5% of shares of EADS -European Aeronautic Defence and Space- the European conglomerate that includes, among... more
Finance and economyUSA: Senate cuts to the defense could raise unemployment. Lockheed Martin answers regrading F-35 programme
Washington, USA - Serious repercussions on work industry
The US defense secretary Leon Panetta said that the freezing of the defense budget that Congress proposed would lead to the growth of the unemployment rate in the United States by one point, which currently... more
Finance and economyGrow up Boeing and EADS' stocks on the basis of demand forecast for China
London, Great Britain - It is expected the purchase of 5000 new commercial aircraft
Positive shock for the market yesterday following the disclosure by Boeing experts' forecasts for the purchase of new aircraft from China valid for the next twenty years: as proposed by the US manufacturer... more
Finance and economyThe Air France-KLM group down by 60% since the beginning of the year
Paris, France - Other European competitors declining as well
International observers have noticed the late negative trend of Air France-KLM securities, whose price, even though low, does not attract the interest of investors. According to experts, the lack of... more
Finance and economyBad day for Finmeccanica's shares
Cernobbio, Italy - The president Guarguaglini speaks from Cernobbio
Finmeccanica lost about 18 points today on the Stock Exchange at close of business (opening price 5.200, closing price 5.025), however considering, on a day, negative for all markets, and despite the statements... more
Finance and economyGemina: debt refinancing has been completed by a new medium-term credit line
Rome, Italy - AdR refinances the revolving line for max 100 million euro at February 2013
"Gemina SpA stipulated a loan contract on yesterday's date for a total cap amount of 60.1 million euro, expiring in December 2014 (Gemina Loan). The new loan is allocated by the Company to the full... more
Finance and economyOn the occasion of SEA's listing, employees will have the opportunity to become shareholders at favourable conditions
Milan, Italy - Due to a "Unique" agreement signed by trade unions with the company's management
It's going on the path that will allow SEA, management company of Milan-Linate and Milan-Malpensa airports (Italy), to be listed: the arrival at Piazza Affari stock exchange should occur between the end... more
Finance and economyTrading shares suspended for Malaysia Airlines
Kuala Lumpur, Malaysia - Probably some shares will be gained by AirAsia
This morning, August 8, Malaysia stock market suspended trading in the shares of flag carrier Malaysia Airlines and of budget carrier AirAsia following the request of the companies, between which there... more
Finance and economyFinmeccanica: negative day for its title in the Stock Exchange
Milan, Italy - CEO Orsi has written to the Group's workers according to that reported today by "MF"
The Finmeccanica's title has opened this morning at Milan's Stock Exchange at 5.14 recording a maximum of 5.165 and a minimal of 4.902. In addition today the economical daily "Milano Finanza" published... more
Finance and economyStock Exchange. Finmeccanica opens today at 4.96
Milan, Italy - The title lost 3.84% yesterday
The Finmeccanica's title closed yesterday at EUR 5.02 (-3.84%) decreasing compared to the remaining of the "Electronics/Electromechanical" Group confirming the weakness also compared to the index. The... more
Finance and economyAlitalia: first half year 2011
Rome, Italy - Passenger and revenues grew; further improvement in the quality of service
"The Board of Directors of Alitalia -Compagnia Aerea Italiana SpA- held last Friday in Rome its meeting chaired by Mr Roberto Colaninno, in which it approved the midyear consolidated financial accounts... more
Finance and economyRR Holdings Plc: half-yearly 2011 results
London, UK - Exclusive agreement to power the Airbus A-350/1000 aircraft
Rolls-Royce has unveiled yesterday the half-yearly 2011 results. Group Highlights are: - £8.7bn of new orders: record order book of £61.4bn. - Underlying revenues up four per cent to £5.46bn. - Un... more
Finance and economyAutogrill: the board of directors approves report for 1st half 2011 (part dedicated to the airports)
Milan, Italy - Profits of EUR 39m against 23.5m in 2010
Meeting today, the board of directors of Autogrill SpA approved the 1st half 2011 financial report. The highlights, in a summarized version, are: · Consolidated revenues: EUR 2,655.8m (up 2.8%)... more
Finance and economyEADS reports half-year results 2011
Leiden, Holland - Key success: American Airlines endorses A-320 and A-320neo aircraft families
EADS reports today half-year results 2011. The hightlights, in a summary, are: • Order intake up 89 percent to € 58.1 billion • Key success: American Airlines endorses A-320 and A-320neo aircr... more
Finance and economyFinmeccanica's BoD: breakdown of key figures
Rome, Italy - In 2010, certain restructuring programs were launched
In 2010, certain restructuring programs were launched to improve company performance and Group profitability. At the same time, the strained economic outlook of Western economies led to strong pressure... more
Finance and economyAutogrill: Group debt early refinancing completed
Milan, Italy - Through two new credit facilities worth a total € 1.35 billion
Autogrill Group completed the refinancing of a sizeable portion of its consolidated debt by executing two new credit facilities worth a total € 1.35 billion, both with final maturity July 2016, to be u... more
Finance and economyBoeing reports second quarter results 2011
Chicago, Usa - In particular into the Commercial airplanes and Defense, Space & Security segments
The Boeing Company reported second-quarter net income of $0.9 billion, or $1.25 per share, on revenue of $16.5 billion. Operating margin of 9.3 percent reflects higher Commercial Airplanes volume and... more