Finance and economy
1,865 news found
Civil aviationItalian Enav: approved interim financial report as at March 31, 2022
Together with the new 2022-2024 business plan -ATTACHMENT
The Board of Directors of ENAV SpA, in their meeting held today under the chairmanship of Francesca Isgrò, approved the Interim Financial Report as at 31 March 2022 and the new 2022-2024 Business Plan. The h... more
AirlinesAirline Wizz Air expands into Saudi Arabia
Mou signed with country investing in tourism
Low-cost airline Wizz Air is expanding its presence in the Arabian Peninsula with the aim to launch air links between Saudi Arabia and the United Kingdom. It is a decision that espouses Riyadh's goal... more
Finance and economyUS towards increased production of rocket launchers
War in Ukraine increased demand for Javelin, but more chips needed
The US Congress could give the green light to defense and security specialist Lockheed Martin's plan to double production of FGM-148 Javelin anti-tank missile launchers as a new goal. This would be... more
AirlinesBlue Panorama airline is sold
From the Uvet Group to a US fund specialized in transport and energy
The Uvet Group, which operates in the tourism services sector, has sold the airline Blue Panorama Airlines to the US fund Bateleur Capital, which specializes in investments in the fields of civil aviation,... more
AirlinesMore than 220 chartered aircraft stranded in Russia
National carriers use airplanes of foreign companies within the national space
The analysis company Iba Aereo has estimated that at least 171 aircraft have been illegally taken from foreign leasing companies by Russian companies that continue to use them to operate domestic routes.... more
Finance and economyFincantieri: the BoD approves 1Q 2022 results
Total backlog at EURO 34.4 billion -ATTACHMENT
The Board of Directors of FINCANTIERI SpA, chaired by Giampiero Massolo, has examined and approved the interim financial information at March 31, 2022. Consolidated 1Q 2022 results ▪ Revenues stand at... more
AerospaceLeonardo BoD: examined and approved results of the first quarter
Growth path and guidance 2022 confirmed -ATTACHMENT
Leonardo's Board of Directors, convened yesterday under the Chairmanship of Luciano Carta, examined and unanimously approved results of the first quarter 2022. 1Q 2022 financial results The results o... more
AirlinesITA Airways approved maxi salaries for Lazzerini and Altavilla
Board of Directors gives green light also to the budget: -148 million in 2021
After the closure of 2021 with accounts in the red for 148 million euros, although slightly better than expected, the board of directors of the national airline ITA Airways approved in recent days, in... more
Civil aviationAirplanes-helicopters. Airbus reports 1Q2022 results
Contract for the Tiger MkIII attack helicopter upgrade programme and Eurodrone
Airbus reported consolidated financial results for its First Quarter (Q1) ended 31 March 2022.Solid Q1 results in an evolving and complex geopolitical and economic environment142 commercial aircraft delivered... more
AirlinesAir France-Klm Group halves losses
Returns estimated to be higher than 2019 through Summer 2022
The Franco-Dutch airline group Air France-KLm has released its financial results for the first quarter of the year in these hours. The figures show a clear recovery over the past year. Net losses amounted... more
AirlinesLufthansa halves losses
It quadruples passengers carried compared to first quarter 2021
German carrier Lufthansa announced its financial results for the first quarter of the year in recent hours. The figures show that there has been a marked recovery in the last 12 months, despite the disruption... more
Finance and economyUS investment giant bets on aerotaxis
Bank estimates that two companies will bill 1 trillion dollars
The US investment bank JP Morgan sets eye on eVtol air cabs (electric vertical take-off and landing aircraft) produced by the American start-ups Joby Aviation and Archer Aviation, specialized in the development... more
AirlinesITA Airways: two in the data room
Msc-Lufthansa and Certares Fund are already inside, binding offers within end of May
Two of the three parties interested in buying the national airline ITA Airways accessed the airline's data room yesterday. The two are: the US Certares Fund in partnership with the carriers Air France-Klm... more
AirlinesSpirit Airlines says no to JetBlue
Confirmed the agreement by mid-2022 with Frontier Airlines
The US low-cost carrier Spirit Airlines has announced that it has rejected a 3.6 billion dollar acquisition bid offered by rival American airline JetBlue. This rejection confirms the company's intention... more
DefenseDraghi's speech to the Europarliament
"War is a humanitarian, security, energy, economic crisis. Italy is working on a diplomatic solution"
The President of the Italian Council of Ministers, Mario Draghi, spoke today for the first time in his career at the plenary assembly of the European Parliament in Strasbourg, where he spoke about the... more
AerospaceRussia will leave International Space Station
Rogozin (Roscosmos): "On the exact date we will warn our partners in advance"
The Russian space agency Roscosmos announced that it will end prematurely the international collaboration on board the International Space Station (ISS) in recent hours. It is a decision that is the direct... more
AirlinesAVIONEWS interviews Robert Carey of Wizz Air
The president talks about the expansion of the airline -VIDEO
Wizz Air, Hungarian airline, has achieved great results in recent years. Its constantly expanding routes form a network of very important connections also for Italian tourism. With a fleet that is under... more
AirlinesAeroitalia: a new Italian style company
AVIONEWS interviews the team -VIDEO
Green and red are the new black. These are the colors of Aeroitalia, a new italian style company, that very soon will become part of the civil aviation market in the coming months. AVIONEWS was present... more
AirportsMunich Airport: dynamic traffic growth paves way out of crisis
The results during an annual press conference of today
In fiscal year 2021, traffic development at Munich Airport was still heavily influenced by the effects of the global COVID-19 pandemic. At 12.5 million, the number of passengers at the airport increased... more
DefenseIndia cancels purchase of 48 Russian military helicopters
Stop Mi-17s to favor domestic aircraft production
The government of India cancelled an order of 48 Mil Mi-17 V5 helicopters of Russian manufacture in the last days. It is a decision taken with the aim of encouraging the local production of aircraft. Those... more
AirlinesAlia-250 raises 800 million dollars in investment
This US-made eVtol sparks American Army interest
US company Beta has announced that it has raised 796 million dollars in investment for the development of an electric vertical takeoff and landing (eVtol) aircraft called Alia-250. The goal is to receive... more
AirlinesAircraft. Ukrainian war: Russian carrier out of Oneworld alliance
S7 Airlines temporarily suspended due to sanctions against Moscow
The Russian carrier S7 Airlines has been temporarily suspended from the Oneworld global alliance which includes, among others, American Airlines, British Airways, China's Cathay Pacific, Spain's... more
DefenseFinland invests two billions in defense
Objective of Helsinki is to strengthen park means and to enter in the NATO
On April 13, the political leaders of Finland and Sweden, Prime Minister Sanna Marin and her counterpart Magdalena Andersson, respectively, made official the desire to join the Atlantic Alliance. A historic... more
Finance and economyCDP (2): appointments for the renewal of corporate bodies in investee companies
The list of candidates for Fincantieri, Autostrade per l'Italia, Ansaldo Energia
The board of directors of Cassa Depositi e Prestiti SpA (CDP), which met today, approved, in view of the renewal of the Board of Directors of Fincantieri SpA, on the agenda of the Shareholders' Meeting... more
AirlinesDelta Air Lines announces March quarter 2022 financial results
The highlights
Delta Air Lines today reported financial results for the March quarter 2022.March quarter 2022 financial results • Adjusted operating loss of $793 million excludes a net gain of $9 million • Pre-tax loss... more
AirportsHeathrow Airport: record number of passengers in March
Holland-Kaye: "It is good to see the airport return to normal after two years"
The number of passengers passing through London-Heathrow Airport in March 2022 is the highest since the start of the pandemic: 4.2 million travellers in one month. Demand was driven primarily by Britons'... more
Civil aviationAirbus shareholders approve 2022 AGM resolutions
Guillaume Faury was reappointed CEO of the industry
Airbus shareholders approved all resolutions proposed at the 2022 Annual General Meeting (AGM), including the appointment of a new director and the renewal of three Board members among them the Chief Executive... more
AirlinesFrance: resumption of recruitment in the aviation sector
Airbus starts: at least 6000 new employees worldwide
With the increase in travel demand swelling the volume of air traffic, employment of workers in the aviation sector in France is also on the upswing. That's why Ryanair has launched a program to recruit... more
AirlinesUsa: airlines reduce Wi-Fi costs
Internet services on board at fixed rates between 5 and 10 dollars, but some give free access
Over the past year, many US airlines announced a general reduction in prices and a concomitant improvement in Wi-Fi connectivity service on board the fleet aircraft. This has made it cheaper and faster... more
DefenseChina confirms sending arms to Serbia
NATO: "An attack on democracy". Beijing: "NATO does not create chaos in Asia too"
The recent delivery of HQ-22 anti-aircraft missile systems to Serbia by China has been confirmed in these hours by the government in Beijing. The sale has fueled the suspicions of the Atlantic Alliance... more