Finance and economy
2,042 news found
AirportsAir-passenger traffic doubled in Europe
Airports Council International (ACi) data for the year 2022
The Airports Council International (ACI), the association that brings together the management companies of European airports, has recently communicated the data on air traffic recorded during 2022. The... more
Civil aviationEnd of Japanese aircraft project
Announcement concludes 16-year development programme
The dream of creating the first passenger aircraft developed entirely on Japanese soil has definitively faded. It was communicated by the Mitsubishi Heavy Industries Group, head of the Mitsubishi Aircraft... more
AirlinesITA Airways: 100% Lufthansa in two years
The German group expects the Italian airline to reach break-even by 2025
The exclusive negotiation between the Italian Ministry of Economy and Finance (Mef) and the German aviation group Lufthansa, for the privatization of the national air carrier ITA Airways, is now in full... more
AirlinesITA Airways (2): details on the Lufthansa offer
Germans interested in a quota "between 20 and 40%"
Important details emerge on the Lufthansa Group's proposed purchase of a stake in the national air carrier ITA Airways. According to rumors relaunched by the Italian media, in the Memorandum of Understanding... more
AirlinesITA Airways: from Lufthansa "yes" to increase salaries
More than 3,600 current workers may have an increase soon
There are positive news on the employee salary issue of the national air carrier ITA Airways. Less than 48 hours after the meeting between seven trade unions and the airline's management, the favorable... more
AirlinesIndia: growing demand for helicopters
Aircraft are main means of transport during the regional electoral campaign
The State of Karnataka, located in the south-west of the Indian peninsula, is preparing for the 2023 elections. This has led most government representatives to schedule numerous helicopter trips to drastically... more
AirlinesITA Airways: Lufthansa has the last word on salaries
Unions: from the company signals openness on wage increases and application of the contract
Seven trade unions of the air transport category met a delegation of the management of the national airline ITA Airways, represented at the table by the managing director Fabio Lazzerini, Yesterday afternoon,... more
AirlinesITA Airways: agreement with Lufthansa in March
The negotiation will last 60 days, then waiting for a European antitrust opinion
The German aviation group Lufthansa and the Ministry of Economy and Finance (Mef) could terminate the exclusive negotiations for the privatization of the air carrier ITA Airways as early as March, by signing... more
AirlinesITA Airways: negotiations started with Lufthansa
The Ministry of Economy signs a letter of intent from the German group
The negotiations for the privatization of the national air carrier ITA Airways are officially underway. The Ministry of Economy and Finance (MEF), 100% shareholder of the Italian airline, recently signed... more
AirlinesAir France-KLM orders seven A-350 aircraft
Fleet renewal with planes that consume less fuel and lower Co2 emissions
The French-Dutch aviation Group Air France-KLM announced in the past few hours that it has ordered another seven A-350s, four of which in the cargo version. This is a decision that falls within the framework... more
Civil aviationAirplanes and helicopters. Boeing reports 4Q results
Driven by higher 737 and 787 aircraft deliveries
The Boeing Company recorded fourth-quarter revenue of $20.0 billion, GAAP loss per share of ($1.06), and core loss per share (non-GAAP) of ($1.75). The industry also generated $3.5 billion of operating... more
DefenseProgrammatic lines of the Italian Defense
Crosetto: "Giving credibility through adequacy between resource management, their employment and personnel"
The Italian Defense Minister, Guido Crosetto, was heard today in a joint session by the Defense commissions of the Chamber of Deputies, and the Foreign Affairs and Defense commissions of the Senate. The... more
Civil aviationAirbus Helicopters performed steadily in a complex 2022
The first ACH-160 was delivered to a Brazilian customer, transported by a Beluga airplane, in July
In 2022, Airbus Helicopters logged 374 gross orders (net: 362), highlighting the ongoing market recovery with an impressive 216 light single engine helicopters sold. Deliveries increased from 338 in 2021... more
Civil aviationPrivate planes: looking for owners in difficulty
The market trend sees operators looking for aircraft on offer
Some private aircraft operators are looking to purchase new aircraft whose owners are struggling financially. The market is on the rise. An indication of this trend can be found in the financial statements... more
DefenseItalian Chamber votes Yes to military aid
Text approved in Montecitorio with 215 votes in favor and 46 against
The Italian Chamber of Deputies gave the definitive green light to the Ukrainian decree law today, extending until 31 December 2023 the transfer of Italian material assets, weapon systems, ammunition and... more
AirportsAutogrill: resignation of six directors and withdrawal of the Chairman
Designation of new board members to be appointed by co-optation
Autogrill SpA announces that the Chief Executive Officer Gianmario Tondato Da Ruos, and Alessandro Benetton (non-executive director), Franca Bertagnin Benetton (non-executive director), Massimo Di Fasanella... more
DefenseToday the NATO summit in Germany
Details of the forthcoming supply of weapons to Ukraine will be revealed
The North Atlantic Treaty Organization (NATO) summit in Rammstein, Germany kicks off today, 20 January 2023. During the meeting, details on the forthcoming supply of weapons to Ukraine to support the armed... more
AirlinesIt's a transport strike in France
Delays and cancellations in all airports and on metro, trains, trams and buses
The national strike against the pension reform kicks off today in France. The transport sector is also affected with inconveniences that are recorded on railway and metro routes, but also on trams, buses... more
AirlinesITA Airways: Lufthansa bid arrived
No details, according to rumors about 200 million for 40% of the carrier
With the Lufthansa Group's interest in the acquisition of the national air carrier ITA Airways, made official yesterday, the unions ask the Government to be summoned to discuss the objectives of the business... more
AirlinesITA (2). Lufthansa submits offer to acquire a stake in the Italian carrier
The statement issued by the German Group
Deutsche Lufthansa AG is aiming to acquire a stake in the Italian national carrier ITA Airways (Italia Trasporto Aereo SpA). The plan is to agree on the initial acquisition of a minority stake as well... more
AirportsMilan presents the 2026 air taxi plan
Hearing in the Municipality of the Sea airport company which illustrates the project
The Società esercizi aeroportuali (SEA), manager of the Milanese "Enrico Forlanini" airports of Malpensa and Linate, presented yesterday, in the Joint Budget and Mobility Commission to the Municipality... more
AirlinesITA Airways: today the Lufthansa offer
The German group is the only one in the data room, other proposals seem to be excluded
The Lufthansa Group should present its offer for the acquisition of a minority stake in the capital of the national air carrier ITA Airways on the table of the Minister of Economy and Finance (MEF) today.... more
AirlinesITA Airways: Lufthansa offer tomorrow
The data room closes on January 18 and the proposal should arrive on the MEF table
The proposal of the Lufthansa aviation Group for the acquisition of the national air carrier ITA Airways should finally arrive on the table of the Ministry of Economy and Finance (MEF) tomorrow 18 January... more
AirlinesITA Airways: Lufthansa offer in this week
Among the cruxes of the proposal: conditions on ex-Alitalia labor disputes and low-cost incentives
The privatization procedure of the national air carrier ITA Airways enters a week that could be decisive for the future of the company. The German aviation group Lufthansa could in fact formalize the acquisition... more
Civil aviationAirbus wins the 2022 challenge with Boeing
The American manufacturer is recovering and wins the battle on twin-aisle aircraft
With the beginning of 2023 it's time to take stock. The global challenge in 2022 between the two main aircraft manufacturers, the European Airbus and the US Boeing, was won by the European group with 820... more
DefenseEU and NATO sign third declaration of cooperation
Von der Leyen: "We are working to understand what is needed to fill stocks" of weapons
The third declaration of cooperation between the European Union and the North Atlantic Treaty Organization (NATO) was signed today. The joint press conference was held today in Brussels. The president... more
AirlinesITA Airways (2): mistakes to avoid on the sale
If Rome intervenes in the management, the same salesmen with Alitalia will do it again
The German group Lufthansa within this week could formalize its offer to acquire a stake in the capital of the air carrier ITA Airways. The negotiation on the privatization of the national airline is at... more
AirlinesITA Airways: Lufthansa towards the offer
Probable in the week the proposal to start exclusive negotiation
The privatization of the air carrier ITA Airways is at a turning point. Within this week, the offer for the acquisition of a stake in the capital by the German group Lufthansa could be formalised. The... more
Finance and economyPakistan purchases two military helicopters
They will be sent to the border region of Punjab
Pakistan will lease two military helicopters, has announced Punjab State Chief Minister Chaudhry Pervaiz Elahi. Administration officials said the new aircraft will also be used in police and Search and... more
AirlinesITA Airways: sale of airline tickets on Lufthansa website
Booking system sharing is a sign that something has moved
The negotiation between the Lufthansa aviation group and the Ministry of Economy and Finance (Mef), which is managing the privatization procedure of the tricolor air carrier ITA Airways, may have reached... more