Finance and economy
1,675 news found
Civil aviationOnly 10% companies well prepared against cybercrime
It emerges from a research conducted by a consulting firm
Cybercrime is at the top of the list of companies' main risks. This is what emerges from an analysis conducted by Kpmg, an Anglo-Dutch multinational that offers consultancy to companies. Experts calculated... more
Civil aviationAircraft. Russian industry towards independence from the West
At the "Dubai Airshow" the Irkut MC-21 airplane for the first time with Soviet engines
At the "Dubai Airshow", the international aviation fair which ended a few days ago, the most attentive observers interpreted a signal as the will of the Russian aviation industry to increase its efforts... more
AirlinesIta Airways Chiefs in France to purchase Airbus aircraft
The agreement for 28 airplanes worth 4.4 billion Euros
Executives from the newly national airline Ita Airways will be in France today to purchase new Airbus aircraft with which they will renew the airline's fleet. The memorandum of understanding concerns... more
Civil aviationAirbus and Boeing focus on flights demand
Air travels resume, but there would be a risk of overproduction
Analysts of US aircraft manufacturer Boeing and European aircraft manufacturer Airbus predict that the economic damage inflicted by the pandemic will no longer be the focus of concern. That place is now... more
Finance and economyGeneral Electric bets on aviation
This emerges from the split into three companies announced for 2024
The US company General Electric announced in recent days that starting from 2023 the group will progressively divide into three independent companies, each listed on the stock exchange: aeronautics, energy,... more
Finance and economyFincantieri. BoD approves 9m 2021 results
Total backlog at EURO 36 Billion -ATTACHMENT
The Board of Directors of Fincantieri SpA, chaired by Giampiero Massolo, has examined and approved the interim financial information at September 30, 2021. Consolidated 9M 2021 results2021 guidance fully... more
AccidentsBoeing recognizes responsibility for the plane crash in Ethiopia
In 2019 an Ethiopian Airlines B-737 Max crashed killing 157 people
New developments for the plane crash of 10 March 2019. The US aircraft manufacturer Boeing admitted its responsibility for the disaster occurred in Ethiopia, when an Ethiopian Airlines B-737 Max aircraft... more
Civil aviationGeneral Electric divides itself into three companies
Health, Energy and Aeronautics. The decision becomes effective in 2023
The US multinational conglomerate founded in 1892 -active in the fields of technology and services for the aviation, energy, renewables, digital, armament production, locomotives and finance- splits itself... more
AirlinesAircraft. Carriers are urgently looking for pilots
Due to increased demand for travel and cuts made during the pandemic
The US air carriers have started a wild race for the pilot hiring, who are going to sit in planes that, after being parked on the ground for tens of months due to the pandemic, have returned to operate... more
AirportsSydney Airport towards sale
The BoD agrees to USD 17.5 bn buyout deal
The Board of Directors of Kingsford Smith International Airport in Sydney, Australia, has announced that it has agreed to USD 17.5 bn buyout deal from a national consortium of local investors. The BoD... more
Finance and economyLeonardo BoD: nine months results
ATR, Airbus and other programmes improving, while B-787 is still affected by the pandemic -ATTACHMENT
Leonardo's Board of Directors, convened yesterday under the Chairmanship of Luciano Carta, examined and unanimously approved the results of the first nine months 2021.Alessandro Profumo, Leonardo CEO,... more
Civil aviationAustralia: air taxi and vertiport by 2032
The government wants them ready for the Olympic Games in Brisbane
Australia has announced that it will develop a new urban mobility system in view of the "Olympic Games" in Brisbane in 2032. The construction project consists of a series of vertiports and small urban... more
AirportsAutogrill signs a financing agreement
For one billion Euros for five years
Autogrill SpA announced yesterday the signing of a 5-year multi-currency, medium-long term cash financing agreement for a maximum total principal amount of one billion euros with a pool of primary banks.The... more
Civil aviationAircraft and helicopters. Airbus reports nine month (9m) 2021 results
The highlights - ATTACHMENT
Airbus reports Nine-Month (9m) 2021 results.The highlights:424 commercial aircraft delivered in 9m 20219m financials reflect deliveries as well as efforts on cost containment and competitivenessRevenues... more
Civil aviationAirplanes and helicopters. Boeing reports 3Q results
The highlights
Boeing reported third-quarter results.The highlights:Continued progress on global safe return to service of 737 MAX aircraft and focus on operational stabilityRevenue of $15.3 billion, GAAP loss per share... more
AirportsIata. Infrastructure costs increasing $ 2.3 billion in a crisis
They will stall recovery in air travel and damage international connectivity
The International Air Transport Association (IATA) warned that planned increases in charges by airports and air navigation service providers (ANSPs) will stall recovery in air travel and damage international... more
Finance and economyALA SpA: BoD approves results as at 30 June 2021
Net financial position in constant improvement; profitability grows
Ebitda of € 7.5 million (+ 7.8%); Ebit of € 6.4 million (+ 12.9%); Pre-tax profit of € 5.2 million (+ 22.3%) more
AirlinesAeroflot Group: operating results for August 2021
Key highlights and aircraft fleet update
Aeroflot announced Aeroflot Group operating results for August and 8M 2021.Key highlights of August 2021:Aeroflot Group carried 5.5 million passengers, 50.3% up year-on-year and 10.9% down vs. 2019;4.5... more
AirlinesLufthansa Group: capital increase to strengthen balance sheet
And to enable the early repayment of stabilization measures in Germany
The global rollout of vaccinations supports customers’ confidence to fly and facilitates the further lifting of travel restrictions. Lufthansa is well positioned to take advantage of the resulting rebound i... more
Finance and economyAirbus joins DAX stock exchange index in Germany
Effective today
Airbus has become a member of the new DAX40 index in Germany, effective today.On 3 September 2021, Deutsche Börse completed the expansion of the DAX from 30 to 40 companies as part of a comprehensive... more
Finance and economyThales confirms all its financial targets
As announced last month
Thales takes note of the decision by the Australian authorities to acquire a fleet of nuclear-powered submarines in the framework of a new strategic security partnership with the United States and the... more
Civil aviationFAA awards USD100M to develop Next Generation of Sustainable Aircraft Technology
It is part of steps Presidente Biden is taking to coordinate innovation
The US Department of Transportation’s Federal Aviation Administration (FAA) has awarded more than $100 million for companies to help develop technologies that reduce fuel use, emissions and noise. The a... more
Civil aviationAircraft. Boeing forecasts $9 trillion aerospace market opportunities
In commercial, defense and services over next decade
Boeing today released its annual forecast for the commercial, defense and space aerospace market, reflecting signs of the industry's recovery following the impacts of COVID-19. The 2021 Boeing Market... more
Civil aviationRR agrees to sell stake in AirTanker Holdings
To Equitix Investment Management Limited
Rolls-Royce announces the agreed sale of its 23.1% shareholding in AirTanker Holdings Limited to Equitix Investment Management Limited for cash proceeds of £189m, including the repayment of shareholder... more
AerospaceAvio: first half 2021 results
Vega returned to flight with two missions -ATTACHMENT
The Board of Directors of Avio SpA, reference aerospace company listed on the STAR segment of the Italian Stock Exchange, today reviewed and approved the HY 2021 results.The highlights:Continuity of operations... more
AirlinesState aid. European Commission finds new carrier ITA is not Alitalia's economic successor
And Italy's capital injections into ITA are market conform
The European Commission has found that Italia Trasporto Aereo SpA (“ITA”) is not the economic successor of Alitalia and, hence, it is not liable to repay illegal State aid received by Alitalia. It als... more
AirlinesEuropean Commission concludes Italian loans to Alitalia are illegal aid
Worth €900 million
The European Commission (EC) has concluded that two State loans for an amount of €900 million, granted by Italy to Alitalia in 2017, are illegal under EU State aid rules. Italy must therefore recover t... more
AirlinesEasyJet announces a 1.4 billion euros capital increase
The carrier wants to recover from the drop in traffic caused by the pandemic
EasyJet announces a 1.2 billion pounds (1.4 billion euros) capital increase to recover from the pandemic. At the same time, the low-cost company will activate a new four-year senior secured revolving credit... more
AirlinesAirplanes and carriers: merger of Korean Air-Asiana authorized
Awaiting the green light from foreign authorities including Europe, UK, Australia, China and USA
The Civil Aviation Authorities of Malaysia (CAAM) have authorized the merger between Korean Air and Asiana Airlines. This was reported by the information site "Flightglobal.com". For now, no official confirmation... more
AirlinesAir New Zealand announces 2021 financial results
The data continue to have Covid-19 impacts
Air New Zealand has announced 2021 financial results.SummaryOperating revenue of $2.5 billion, down 48 percent on the prior yearCargo revenue up 71 percent on the prior yearLoss before other significant... more