Finance and economy
3,103 news found
Finance and economyLeonardo taps the Eurobond market with a EUR 600 million offering
Rome, Italy - It has a 7 year tenor, maturity June 2024 and a fixed-rate coupon of 1.50%
Leonardo successfully in the last days tapped the Eurobond market with a EUR 600 million bond issue. The offering, targeted to Italian and international institutional investors, has a 7 year tenor, maturity... more
Finance and economyAutogrill: shareholders' meeting approves 2016 financial statements -SPECIALS AVIONEWS
Milan, Italy - Strong start to the year at airports, with +12.4% revenue growth
The Annual Shareholders Meeting of Autogrill SpA held yesterday in ordinary session and chaired by Gilberto Benetton, examined and approved the 2016 financial statements and voted to pay out the entire... more
Finance and economyBerlin’s airports increase operative result by 28%
Berlin, Germany - Positive business trends
The Supervisory Board of Flughafen Berlin-Brandenburg GmbH has approved the company’s financial statements for the 2016 business year during its meeting. The general assembly of shareholders must now a... more
Finance and economyFraport AGM (2): shareholders to receive dividend of €1.50 per share
Frankfurt, Germany - They approve the actions of the executive and supervisory boards
At Fraport AG’s 16th regular Annual General Meeting (AGM), 99.99 percent of the shareholders approved the recommended dividend of €1.50 per share. Thus, the dividend for fiscal year 2016 will increase by... more
Finance and economyCALC completes disposal of finance lease receivables for two airplanes
Hong Kong, China - The provider introduced the first batch of aircraft in 2013
CALC, a full value-chain aircraft solutions provider for global airlines, announced that it has completed the disposal of finance lease receivables (FLR) for two A-320ceo series aircraft at a consideration... more
Finance and economyLeonardo: its shareholders’ meeting approves 2016 financial statements -SPECIALS AVIONEWS
Rome, Italy - And it appoints the new Board of Directors for the 2017-2019 mandate
Leonardo’s Shareholders’ Meeting approved 2016 Financial Statements and appoints the new Board of Directors for the 2017-2019 mandate. In particular: - Approved the Company Financial Statements for... more
Finance and economyItalian ENAV: interim financial report at 31 March 2017 approved by BoD
Rome, Italy - EBITDA growth in 1Q2017 driven by efficiency
The Board of Directors (BoD) of ENAV SpA held today under the chairmanship of Roberto Scaramella approved the Preliminary Financial Report at 31 March 2017.... more
Finance and economyFraport Group Interim Release: 1Q2017
Frankfurt, Germany - Traffic growth recorded at most Group airports
The majority of airports in the Fraport Group achieved passenger growth in the first three months of 2017. On the back of that growth, the Group's home-base Frankfurt Airport (FRA) generated higher revenue... more
Finance and economyAirplanes. Ana Holdings financial results for the year ended March 31, 2017
Tokyo, Japan - Traffic data and outlook
ANA HOLDINGS reported its consolidated financial results for fiscal year 2016 (April 2016 - March 2017). Overview ・Record operating income thanks to increased cost efficiency, improved passenger s... more
Finance and economyLeonardo: BoD examined and approved the results of the 1Q2017 - SPECIALS AVIONEWS
Rome, Italy - Higher orders and improved profitability
Leonardo's Board of Directors, convened yesterday under the Chairmanship of Gianni De Gennaro, examined and unanimously approved the results of the first quarter 2017. The highlights are: • New O... more
Finance and economyAirplanes and results. American Airlines Group reports first quarter profit
Fort Worth, Usa - Deferred the first delivery of A-350 XWBs from 2018 to 2020
American Airlines Group Inc. reported its first-quarter 2017 results, including these highlights: - Recorded a first-quarter 2017 pre-tax profit of $365 million, or $491 million excluding net special... more
Finance and economyAirplanes and finance. Embraer releases 1st quarter 2017 results -SPECIALS by AVIONEWS
Sao Josè dos Campos, Brazil - Hightlights
Embraer releases 1st quarter 2017 results Highlights: • In 1Q17, Embraer delivered 18 commercial and 15 executive (11 light and 4 large) jets, representing a decline from the 21 commercial and 2... more
Finance and economyItalian ENAV: the shareholders' meeting approved the 2016 financial statements
Rome, Italy - New Board of Directors appointed for the three-year period 2017-2019
The Shareholders' Meeting of ENAV SpA, held last Friday, approved the financial statements of the company for the year 2016 and viewed the consolidated financial statements for the Group. Main consolidated... more
Finance and economyAirplanes and helicopters. Boeing reports first-quarter results
Chicago, Usa - Backlog grew to USD 480 billion
Boeing reports first-quarter results and raises EPS guidance. The highlights: - GAAP EPS of $2.34 and core EPS (non-GAAP) of $2.01 on solid execution - Revenue of $21.0 billion reflecting 210 commercial... more
Finance and economyAirplanes and helicopters. Airbus reports first quarter (Q1) 2017 results -SPECIALS by AVIONEWS
Amsterdam, Holland - The industry confirmed its guidance for the full year
Airbus reports First Quarter (Q1) 2017 results. The highlights: • Revenues €13bn; EBIT Adjusted €240m; EBIT (reported) €852m; EPS (reported) €0.79 • Q1 financials reflect delivery phasing and divestm... more
Finance and economyAirplanes and results. Delta Air Lines announces March quarter profit
Atlanta, Usa - April storm impact
Delta Air Lines announces March quarter profit. The highlights are: • March quarter 2017 GAAP pre-tax income of $915 million, net income of $603 million and earnings per diluted share of $0.82 • Mar... more
Finance and economyFraport Greece begins 40-year concession at 14 Greek regional airports
Frankfurt, Germany - It will invest EUR 400 million for improving and expanding the airports' infrastructure by 2021
Fraport Greece (73.4 percent owned by the Frankfurt based airport operator Fraport AG and 26.6 percent by Copelouzos Group) yesterday commenced the 40-year concession for managing and developing 14 regional... more
Finance and economyLeonardo's Shareholders’ Meeting: filing of Remuneration Report
Rome, Italy - Convened in May
With reference to the Shareholders’ Meeting of Leonardo, convened in Ordinary session on 2 and 16 May 2017 (in first and second call respectively) and in Extraordinary Session on 2, 3 and 16 May 2017 (... more
Finance and economyHamburg Airport reflects positively on 2016 result
Hamburg, Germany - 2016 financial year concludes with profit
Hamburg Airport took stock of 2016 and the view was positive. With a good commercial result, increasing passenger numbers and an optimised service palette, Hamburg Airport confirmed its role as an important... more
Finance and economyGeneva Airport: the financial year 2016 allowed it to achieve good results in a changing context
Geneva, Switzerland - The company has invested CHF 162 million
Genève Aéroport ended 2016 with a turnover of 445,3 million Swiss francs (a 5.1% increase as compared to 2015), which allows it to report a 80.8 million profit, half of which was paid to the State of G... more
Finance and economyLeonardo: Avio transaction completed
Rome, Italy - listing of the company on the MTA/Star segment of the Italian SE, currently scheduled for the 10th of April
Leonardo announced in the last days the closing of the acquisition by Space2, Leonardo and In Orbit (a company held by Avio managers), of the entire share capital of Avio not yet owned by Leonardo. The... more
Finance and economyLeonardo: rescheduling of Financial Calendar for 2017
Rome, Italy - The BoD’s meeting to approve the results for the 1Q2017 will be held next 3 May instead of 4
Leonardo informs that, as partial amendment to the Financial Calendar released on 23 December 2016, the Board of Directors’ Meeting to approve the Results for the First Quarter 2017 will be held on Wednesday, 3... more
Finance and economyIndia considers helping Afghanistan: it could look after maintenance of its helicopters
New Delhi, India - 11 Mi-35 and 7 transport aircraft need service and India could finance it
The maintenance of 7 transport aircraft and 11 MI-35 helicopters from Afghanistan could be financed by India. According to local press in recent days the Indian ambassador to Kabul (Afghanistan) Manpreet... more
Finance and economyAirplanes and finance. CALC 2016 annual results achieve record high
Hong Kong, China - Net profit surges 67.9% to HK$638.4 million
China Aircraft Leasing Group Holdings Limited (“CALC”), a full value-chain aircraft solutions provider for airlines globally, announced the Group’s annual results for the year ended 31 December 2016 (“the... more
Finance and economyAirplanes. ARI fully acquires UAM
Hong Kong, China - Creating a global aging aircraft solutions platform
Aircraft Recycling International Limited (“ARI”), a member company of CALC (“China Aircraft Leasing Group Holdings Limited”), a full value-chain aircraft solutions provider for global airlines, announc... more
Finance and economyAirplanes and finance. Lufthansa Group: 2016 again with good result
Frankfurt, Germany - And forecast for 2017
Lufthansa Group unveiled the financial results 2016 and forecast for 2017. Financial results 2016 • Adjusted EBIT of EUR 1.75 billion including strike cost of EUR 100 million in line with the g... more
Finance and economyAircraft and finance. Italian ENAV: the BoD approves the preliminary results at December 31, 2016
Rome, Italy - Highest net profit to date, leading quality of service
The BoD of Enav approves the preliminary results. The highlights: • En-route and terminal traffic grew 1.5% and 3.2% respectively in terms of service units YoY • Consolidated revenue at 865... more
Finance and economyAircraft and transport (2). Alitalia business plan 2017-2021; four pillars for the relaunch
Rome, Italy - Fleet reduced by 20 narrow-body airplanes
Alitalia Board approved 2017-2021 business plan. The highlights: · €1 billion cost reductions by 2019 · Revenue to increase 30 per cent by 2019 · Profitability by 2019 · Fleet reduced by 20 na... more
Finance and economyLeonardo BoD proposes the distribution of dividend after six years -SPECIALS by AVIONEWS
Milan, Italy - It examined and approved the draft of Group consolidated and financial statements at 31 December 2016
Leonardo's Board of Directors examined and approved the draft of Group consolidated and financial statements at 31 December 2016. Highlights - Outstanding commercial performance with New Orders for... more
Finance and economyAutogrill: BoD approves the consolidated financial statements and draft financial statements for 2016
Milan, Italy - Contracts portfolio also at airports
Meeting yesterday, the Board of Directors of Autogrill SpA examined and approved the consolidated financial statements and the Company’s draft financial statements for 2016 a long with the corporate g... more
Finance and economyAirplanes and finance. Embraer releases 4Q and FY 2016 results and 2017 outlook
San Josè dos Campos, Brazil - Highligths
Embraer releases 4Q and fiscal year 2016 results and 2017 outlook Highlights: - In 4Q16, Embraer delivered 32 commercial and 43 executive (25 light and 18 large) jeta. The Company ended 2016 with... more
Finance and economyCALC selected as an Eligible Stock under Southbound Trading of Shenzhen-Hong Kong Stock Connect
Hong Kong, China - The index change is effective starting from 6 March 2017
China Aircraft Leasing Group Holdings Limited (“CALC”), a full value-chain aircraft solutions provider, announced that it has been selected as an eligible stock under Southbound Trading of Shenzhen-Hong Kon... more
Finance and economyCALC issues USD500 million guaranteed bonds
Hong Kong, China - Boosting working capital in support of its globalisation strategy
China Aircraft Leasing Group Holdings Limited (CALC), one of the largest independent operating aircraft lessors in China, issued 5-year USD 300 million and 7-year USD 200 million unrated and unsecured... more
Finance and economyAirbus completes divestment of its Defence Electronics unit to KKR
Amsterdam, Holland - Finalised the sale of its business in Germany; waiting for the approval by Paris for the French side
Airbus has finalised the sale of its Germany-based Defence Electronics business to KKR, a leading global investment firm, following the receipt of regulatory and other approvals, including from the German... more
Finance and economyLeonardo: 2016 preliminary results and 2017-2021 Industrial Plan focused on development and growth -SPECIALS AVIONEWS
Rome, Italy - The highlights
Leonardo's Board of Directors, convened today under the Chairmanship of Gianni De Gennaro, approved the 2017-2021 Industrial Plan and examined the 2016 preliminary results. The Board of Directors will... more
Finance and economyAirplanes and helicopters. Airbus delivers Full-Year 2016 results in line with guidance -SPECIALS AVIONEWS
Amsterdam, Holland - Order intake totalled € 134 billion
Airbus delivers Full-Year 2016 results in line with guidance: • Record commercial aircraft deliveries and backlog support ramp-up • Revenues €67 bn; EBIT Adjusted €4.0 bn; EBIT (reported) €2.3 bn; EPS (... more
Finance and economyAirplanes and finance. Bombardier reports fourth quarter and full year 2016 results
Montreal, Canada - Highlights
Bombardier reported yesterday its fourth quarter and full year 2016 results. The Company also affirmed its guidance for 2017 and highlighted another quarter of solid performance as it executes its turnaround... more
Finance and economyAirplanes and finance. Air France-KLM: full year 2016 results and outlook
Paris, France - 93.4 million passengers carried, up 4.0%
The Board of Directors of Air France-KLM, chaired by Jean-Marc Janaillac, met on 15th February 2017 to approve the accounts for the full year 2016. Full year 2016 - Results in line with target, main... more
Finance and economyBerlin-Brandeburg Airport: financing takes effect
Berlin, Germany - New credit agreement implemented successfully after receipt of bond
The finance concept of Flughafen Berlin Brandenburg GmbH (FBB) has been implemented successfully: the investment pledged by the partners Berlin, Brandenburg and the Federal Republic of Germany totalling... more
Finance and economyAirplanes and engines. Rolls-Royce Holdings Plc 2016 Full Year results
London, UK - Highlights
Rolls-Royce Holding Plc 2016 unveiled full year results. Highlights - Reported revenue up 9% - Reported loss reflects a non-cash impact of £4.4bn period-end mark-to-market revaluation of our derivatives... more
Finance and economySaab: year-end report 2016
Linkoping, Sweden - Order bookings, development projects, cash flow and future growth
Defence and security company Saab presents the results for 2016. Order bookings They were lower in 2016 than in 2015, when the company received orders for the new version of Gripen airplane to Brazil,... more
Finance and economyPlanes and markets. Ryanair reduces its net profit in third quarter
Rome, Italy - Sterling exchange rate went down and the net profit of the airline fell 8% to 95 million euros
Ryanair closed third quarter of fiscal year 2016-2017 with a reduction of 8% of its net profit that closed at 95 million euros. The decrease was caused by the reduction of ticket price and to the simultaneous... more
Finance and economyTrump, Iran and the agreement for Boeing planes
Tehran, Iran - The deal with the manufacturer will not fail, otherwise Iranian authorities might ask the return of prepayments with interests. A local source says. Meanwhile Airbus gets ready for new deliveries
About the acquisition of Boeing planes by Iran Air, Iranian minister Abbas Akhundi said today to local media that the signed agreement has a commercial nature and is not in danger. According to what local... more
Finance and economyChanges in management at Airbus Group Bank
Munich, Germany - Christian Unrath to become Chairman of the Managing Board from February; Norbert Kickum to leave the Managing Board
Christian Unrath (50), previously Chief Representative of Airbus Group Bank GmbH, has been appointed Chairman of the Managing Board of the bank by the company’s Supervisory Board with effect from 3 January 2... more
Finance and economyAirports. Autogrill: 2017 corporate events calendar
Milan, Italy - Fixed for March, May, July and September
Autogrill SpA hereby announces the dates of its board of directors’ and shareholders’ meetings to be held during 2017 in order to examine and approve economic and financial results and Revenue performance con... more
Finance and economyAutogrill: Marco Patuano co-opted as non-executive Director
Milan, Italy - Disclosure policy of additional quarterly financial information
Meeting today, the Board of Directors of Autogrill SpA appointed Marco Patuano as a non-executive Director to replace Gianni Mion, in accordance with the procedure required under art. 2386, section 1,... more
Finance and economyAirplanes and helicopters. Boeing reports 4Q results and provides 2017 guidance
Chicago, Usa - The industry delivered the 500th Dreamliner and began final assembly of the first 787/10 aircraft
Boeing reports Fourth-Quarter results and provides 2017 guidance Fourth-Quarter 2016 - Operating cash flow of $2.8 billion driven by solid operating performance - GAAP EPS of $2.59 and core EPS (non-GAAP)... more
Finance and economyAirbus DS sells its shares in Atlas Elektronik
Munich, Germany - Closing of the transaction is subject to customary regulatory approvals
Airbus Defence and Space (DS) has entered into an agreement to sell its 49 percent share in Atlas Elektronik Group to thyssenkrupp AG based in Essen, Germany. With this acquisition, thyssenkrupp, which... more
Finance and economyAirplanes. China liberalizes domestic flight tariffs
Companies may change ticket prices on routes served by more than five carriers
Increases at the stock market on Monday morning for the main air carriers of China after that on Friday the Civil Aviation Administration of China (CAAC) and the National Development and Reform Commission... more
Finance and economyLeonardo: filing of Articles of Association
Rome, Italy - Updated with the new Company’s name adopted since 1 January 2017
Under the current legislation, notice is hereby given that the text of the Articles of Association, updated with the new Company’s name “Leonardo – Società per azioni” (abbreviated form “Leonardo SpA”) adop... more