Finance and economy
2,606 news found
AirlinesAirlines towards route reform
Aim is to contribute to reducing emissions of harmful gases into the atmosphere
The flight route reform plan put in black and white by the European Union is stalled. It's an initiative that aims to simplify the control of airspace with the aim of decarbonising the air transport sector,... more
DefenseNorth Korea focuses on aeronautics
The North Korean leader's announcement on the occasion of Airmen's Day
North Korea has made it known that it will rely on its air force to respond immediately to all military threats from its enemies. It was announced by North Korean leader Kim Jong-un who, during an inspection... more
AirlinesItaly: the air mobility market is growing
Performance fueled by greater use of drones and electric air taxis
The Italian advanced air mobility market will reach a turnover of 1.85 billion euros in 2030. Growth fueled by the growing sale and purchase of drones and by investments in electric vertical take-off and... more
AirlinesItalian MEF. ITA-Lufthansa operation notified to the EU Commission
The confirmation issued in a short statement by the Ministry
The Italian Ministry of Economy and Finance announces that the concentration operation which provides for the entry of Deutsche Lufthansa into the capital of ITA Airways was formally notified yesterday... more
DefenseCanada: purchase of Poseidon aircraft at risk
The draft agreement with the US government expires today
The draft agreement between the governments of Canada and the United States for Ottawa's purchase of 16 Boeing P-8A Poseidon military aircraft expires today. It is a maritime patrol plane (MMA, Multimission... more
AirlinesITA-Lufthansa: notification to Brussels within days
If the evaluation proceeds smoothly, the green light could arrive at the beginning of 2024
The sending of the official notification to Brussels of the privatization offer of the national carrier ITA Airways by the German Lufthansa group, which intends to acquire 41% of the company through a... more
AirportsHeathrow Airport: Ferrovial sells 25% stake
The share is in the hands of the Saudi Pif and French Ardian funds
Spanish multinational Ferrovial Airports, operating in the transport sector, will sell its entire stake in the parent company of Heathrow Airport Holdings. This is a stake of around 25% in the company... more
AerospaceFirst flight of the Ariane 6 rocket scheduled
Announcement made after carrier passed engine tests
The European Space Agency (ESA) has announced that the new Ariane 6 rocket, built by the Group of the same name, will make its first maiden flight in a period between 15 June and 31 July 2024. The notice... more
DefenseUkrainian conflict: Russia sends war frigate
Intelligence Kiev: "Admiral Makarov was added to two submarines already present"
The Russian navy is apparently increasing the number of warships present in the Black Sea. At the moment, according to estimates and rumors, there are two submarines and a missile frigate capable of launching... more
Civil aviationTwo helicopters delivered to Antarctica
They will be used to transport Australian scientists
Two H-145 helicopters delivered to the South Pole. These vehicles will be used during the summer season to transport the scientists of the Australian Antarctic Program stationed at the Bunger Hills base.... more
AirlinesITA Airways cancels Milan-New York flight
What will happen to the 7000 passengers who have already booked a ticket
The national carrier ITA Airways has ordered the official cancellation of the connection between Milan-Malpensa airport and the New York "John F. Kennedy" starting from 8 January 2024, leaving around 7000... more
AirlinesUSA: FAA tightens planes certification
New aircraft safety assessment policy adopted
The US Federal Aviation Administration (FAA) announced that it has adopted a new aircraft certification policy in recent hours. It's a move that tightens minimum safety standards and comes following the... more
DefenseUkrainian war: Kiev receives European weapons
Among the supplies there are approximately 300,000 ammunitions and artillery shells
The European Union has delivered around 300,000 ammunition and artillery shells to Ukraine to date. These are the first batches of a military supply that includes millions of ammunition promised by Brussels.... more
AirlinesItaly: Milan prepares air taxis for 2026
Airport operator Sea receives first green light from the capital's municipal council
The Milan City Council has authorized the Airport Operations Company (Sea), which controls the Linate and Malpensa airports, to set up a connection service to the center of the Lombard capital using air... more
AirlinesITA-Lufthansa: the match played in Europe
Rome can exploit its negotiating power by appointing EIB president
Four important political matches are being played in Europe. Rome is studying a move that would block the agreement between the German aviation group Lufthansa and the Italian Ministry of Economy and Finance... more
DefenseFincantieri audit: industry looks at cyber ships
Folgiero: "Candidates to lead the Italian underwater pole, let's revitalize the agreement with Leonardo"
Technological base, strategic autonomy, Italian Underwater Center. These are the key points discussed today by the CEO of the Fincantieri Group, Pierroberto Folgiero, in the hearing at the Italian Defense... more
Civil aviationRolls-Royce is focusing on aviation
The aim is to achieve 15-17% turnover from this sector
The British Rolls-Royce Group will strengthen its civil aerospace sector. It was announced by management during the presentation of the new business plan and the 2023 annual financial estimates: operating... more
Finance and economyIran purchases Russian military aircraft
Warplanes, trainers and combat helicopters
The Government of Iran has recently signed several agreements to purchase Russian-made military fighter planes and helicopters. It was reported by the Iranian news agency "Tasnim". This is an agreement... more
AccidentsUkraine: developments on the EC-225 helicopter crash
Five State officials and the pilot violated safety regulations
There are developments about the plane crash that occurred on January 18, 2023 in Brovary, a suburb of Kiev. It was a "blatant violation" of safety rules that caused the Ukraine Air Force's EC-225 "Super... more
AirlinesSingapore Airport bets on AI
Testing of new security gates based on machine learning has begun
Singapore Changi Airport is testing a new technological system, based on artificial intelligence, which could potentially halve the waiting time of passengers at security checks. The experimentation was... more
AirlinesAir Astana will be listed in London
Announcement by the Kazakh President
Kazakhstan's national carrier, Air Astana, will soon be listed on the London Stock Exchange. The 51% of the company's capital is held by a sovereign fund owned by the Central Asian government, while the... more
Civil aviationNorth Korea continues satellite program
A launch postponed, but Pyongyang goes straight to space spy systems
North Korea has reiterated in the last few hours that it will continue to pursue its satellite program, which in particular involves the placing of technological spy and reconnaissance systems into orbit.... more
DefenseUAE look to European helicopters
Abu Dhabi would like to reduce the contract amount, and also sees South Korean aircraft
The United Arab Emirates wants to review the purchase contract for the H-225M "Caracal" military helicopters. At the moment there is no meeting point between the Abu Dhabi government and the European manufacturer,... more
AirlinesVirgin Australia orders 14 planes
These will be added to the current 85 aircraft that are part of the fleet
Virgin Australia announced the expansion of its fleet with six new Boeing MAX-8 aircraft today. The initiative aims to satisfy the increase in travel demand from passengers. This brings the total number... more
Civil aviation"European Rotors" 2023 is underway
It will be held in the Spanish capital from 27 to 30 November
The "European Rotors" 2023 helicopter show is starting soon in Spain. The event will be held from 27 to 30 November 2023 in the Spanish capital Madrid. The main aircraft manufacturing companies, component... more
AirlinesAerolíneas Argentinas towards privatization
Pilots and air transport unions protest, national mobilization announced
Argentine air transport unions have said they will oppose plans to privatize national carrier Aerolíneas Argentinas. An initiative strongly supported by the new President of the Republic Javier Milei,... more
AirlinesItaly: air strike today November 24th
A 24 hour mobilization confirmed in the airport sector
Today is a 24-hour national strike in the air transport sector. Arms folded from 00:01 to 11:59pm for employees of companies that offer airport handling services; for ground staff of air carriers; for... more
AirlinesCJ of EU on State aid during the Covid-19 pandemic
The Court dismisses the appeals by Ryanair on support measures by France and Sweden in 2020
In March 2020, France notified the European Commission of an aid measure in the form of a deferral of the payment of civil aviation tax and solidarity tax on airline tickets. That deferral, which benefited... more
AirlinesUSA: disruption expected over the weekend
In view of the numerous return flights after Thanksgiving
The numerous trips booked for Thanksgiving Day (November 23) are causing various disruptions in the air transport sector. This involves not only large airport hubs, but also smaller airports. Such as the... more
AerospaceNorth Korea puts satellite into orbit
South Korean intelligence points an accusing finger at Moscow for support given
North Korea has received help from Russia to put Pyongyang's first military reconnaissance satellite into orbit. The support was promised by President Vladimir Putin during Kim Jong Un's trip to Russia... more