Finance and economy
3,298 news found
Finance and economyEU-USA tariffs: Tajani convenes business representatives
Task force established at the Italian Foreign Ministry
The meeting was attended by representatives of the Italian economic system – Italian Trade Agency (ITA), SACE, SIMEST, Cassa Depositi e Prestiti (CDP), the Permanent Representation of Italy to the EU in Brussels, the Italian Embassy in Washington, and various business associations, including Confindustria, Coldiretti, CONFAPI, Confagricoltura, CNA, Confimi Italia, Federacciai, Farmindustria, Confesercenti, Confartigianato, Confcooperative, Confcommercio, Federlegno, and Federvini more
Civil aviation15% tariffs (2): exempt aircraft and their components, some chemical and agricultural products
However, the taxes affect most sectors, including automotive and semiconductors
According to European Commission president Ursula von der Leyen's statement on the agreement reached with US President Donald Trump (see AVIONEWS), duties are "stabilized at a 15% tariff rate on the vast... more
AirlinesVietjet escapes global asset freeze
English court rejects FW Aviation's appeal: unpaid aircraft totaling nearly $217 million on the table
The Vietnamese low-cost airline Vietjet has secured a crucial legal victory in the United Kingdom: a British court has indeed dismissed the request to freeze its worldwide assets, filed by the leasing... more
Finance and economy15% tariffs: the agreement between von der Leyen and Trump
Investments by the EU in the US and the purchase of energy are also expected
After months of negotiations, the United States and the European Union have finally reached a trade agreement: US tariffs on European products will be 15%. The agreement was reached during a meeting between... more
AirportsLamezia Terme (South Italy). Tax evasion on aerotaxi and helitaxi: major fraud on the "luxury tax"
Operation by the Financial Police Uncovers Non-Payments by National and Foreign Air Carriers
A joint operation conducted by the Italian Financial Police (Guardia di Finanza, GdF) of Lamezia Terme and the local Aviation Unit uncovered a widespread tax evasion related to the so-called "luxury tax"... more
DefenseThales reports its 2025 half-year results
Order intake: €10.4 billion - ATTACHMENT
Thales’ Board of Directors met on July 22, 2025 to review the financial statements for the first half of 2025The highlights are:Order intake: €10.4 billion, down -4% (-4% on an organic basis)Sales: €10... more
AirlinesEmbraer aircraft: results of 2Q25
The E-175 celebrated an important milestone
Embraer registered a USD 29.7 billion backlog in the second quarter of 2025 (2Q25) – the highest level ever recorded by the company. The highlights of the other results:Commercial Aviation reported an... more
DefenseBrief. Avio signs contracts worth approximately €60 million with Mbda in France
Mainly for propulsion engines and related aerodynamic surfaces for the Aster 30 defense system
News from Italy. Within the framework of the existing master contract with Mbda in France, Avio SpA has signed a production order for the supply of propulsion engines and associated aerodynamic surfaces... more
Civil aviationMoney is "raining down" on Montréal’s “Trudeau” Airport: 1 Billion to look to the future
The largest development plan in its history aims to expand its capacity and connectivity
Montréal's "Trudeau" International Airport is poised for the most significant transformation in its history. Thanks to a one-billion-dollar funding from the Canada Infrastructure Bank (CIB), the airport i... more
Finance and economyThales has entered into discussions to acquire RTX’s stake in the French jv company
The proposed acquisition is expected to be finalised before the end of 2025
Thales announces that it has signed a Memorandum of Understanding (MoU) with a view to acquire RTX’s stake in the French joint-venture company Thales Raytheon Systems Air and Missile Defense Command a... more
AirportsHeathrow (2): £10 Billion Private Investment Plan
To improve service levels, boost reliability and unlock growth for Britain
Heathrow is the most punctual major airport in Europe this year and the best-connected airport in the world delivering strong value for its customers and the country. The five-year plan unveiled today... more
AirportsArdian increases its stake in Heathrow Airport by 10%
With 32.6%, the investment company consolidates its position as the largest shareholder at the London airport
Ardian, a globally active investment company, announced today that it has completed the acquisition of an additional 10% stake in Fgp Topco Ltd (TopCo), the holding company of Heathrow Airport Holdings... more
AirlinesEuropean airports and airlines slam misguided Global Solidarity Levy proposal
The declarations by Aci Europe and A4E
ACI EUROPE and A4E, the key industry bodies representing Europe’s airports and carriers, today joined global industry voices in pushing back against misguided recommendations from the Global Solidarity L... more
AirlinesAirbus secures agreement with AirAsia for 70 A-321XLR aircraft
The MoU will support the expansion of its global network of low-cost carriers, with hubs in Kuala Lumpur and Bangkok
The model will enable AirAsia to serve long-haul and underserved routes more efficiently, including those to Central Asia, the Middle East, and Europe more
AirportsIn July "it is more advantageous to fly to New York than to European capitals"
The most affordable destinations according to a study: United States, Eastern Europe and Portugal
For those who want to travel this Summer, July is the best month to fly. This is reported by an analysis by RomborsoAlVolo, an agency that protects air passengers who have suffered disruptions. In the... more
AirlinesAir France-KLM initiates proceedings to take a majority stake in SAS
From 19.9% currently to 60.5%; the ambition is to close in the 2H2026
Air France-KLM today announced that it will initiate proceedings to take a majority stake in SAS. The Group currently holds a 19.9% stake in the Scandinavian carrier and since the Summer of 2024, it has... more
Finance and economyLeonardo strengthens its cyber solution portfolio at international level
Towards the development of a “Made in Europe” Zero Trust ecosystem
Share of Finnish company SSH Communications Security Corporation to be acquired by the industry, valued at 20 million EUR more
Civil aviationBombardier: maxi $1.7 billion order for 50 aircraft from anonymous customer
Challenger and Global models, with options for another 70 that would bring the total value to over 4 billion
Bombardier has announced a significant order from a new customer for 50 of its high-performance business jets, the Challenger and Global models. The deal, with a combined value of $1.7 billion, also includes... more
Civil aviationBaykar completes acquisition of Piaggio Aerospace's business complexes
The Turkish industry has pledged to maintain current employment levels at the Villanova d’Albenga and Genoa sites
The transfer of the business complexes of Piaggio Aero Industries and Piaggio Aviation – the two companies under extraordinary administration operating under the Piaggio Aerospace brand – to the Turkish aer... more
AirlinesRevolution at Play Airlines headquarters
The carrier towards the closure of the hub and the transfer to Malta: the topic resurfaces
An acquisition plan led by the company’s top management foresees the cessation of transatlantic flights, the transfer of the entire fleet under Maltese registration, and a new focus on leisure and leasing markets more
Civil aviationRemotely piloted aircraft. Surge in costs for drones in the USA
Chinese restrictions cause key component prices to triple. And after the tariff war?
A drastic decline has been recorded in Chinese exports of sensors, engines, and essential parts for UAVs following Beijing’s regulations of September 2024, with significant repercussions on the American market more
AirportsMacquarie strengthens its grip on British airports
The Australian Group acquires stakes in Bristol, Birmingham, and London City airports
Macquarie Asset Management (Macquarie), through its Macquarie European Infrastructure Fund 7, has recently announced an agreement to acquire ownership stakes in the airports of Bristol, Birmingham, and... more
AirlinesAirplanes, Summer 2025: flights for August, is it still possible to save?
Investigation on 8 Italian and international routes reveals price increases up to 300%
Booking early is usually advantageous, but not always: beware of dynamic pricing fluctuations, warns Altroconsumo more
Airlines"Le Bourget" (6): ANA Holdings strengthens its fleet with Airbus
Firm order for 27 aircraft. The order includes A-321XLR for Peach Aviation
The Japanese giant Ana Holdings (Anahd) has finalized an agreement by signing a firm order with the European giant Airbus for 24 single-aisle A-321neo and three A-321XLR aircraft. The order was announced... more
Civil aviationUS-China agreement: strategic minerals for defense in exchange for tariff easing
Preliminary trade contract redefines balances. Is Boeing's future in China changing?
The President of the United States, Donald Trump, has just announced a significant development in the complex trade relations with China: a preliminary agreement focusing on the supply of rare minerals... more
DefenseReduction in F-35 aircraft orders: new budget strategies for US Defense
Redistribution of funds and impacts on the production lines of the program
The US Department of Defense recently informed Capitol Hill of a significant reduction in orders for F-35 fighter jets destined for the United States Air Force (USAF), marking a contraction from 48 to... more
AirportsRadar failure at Naples airport (2): chaos persists today as well, how to protect yourself
According to "ItaliaRimborso", 35,000 air passengers have been affected so far: what refunds are available and how to obtain them
The radar failure is an "exceptional circumstance", therefore travellers are not entitled to the standard monetary compensation, but it is possible to claim reimbursement for extra expenses incurred due to the disruption more
AirlinesBarcelona-El Prat Airport: challenges and compromises in the expansion of the site
Balance between Infrastructure growth and environmental protection: a project worth over €3 Billion
"RTVE", the Spanish public radio and TV broadcaster, has announced an agreement between the Catalan government and AENA, the company responsible for managing Spain's major airports, for an expansion project... more
AerospaceNATO. Rutte: what are the priorities on the agenda for the upcoming summit in The Hague
First and foremost, a 400% enhancement of air and missile defense to counter new global threats
NATO Secretary General, Mark Rutte, will deliver an urgent message today during an event organized by the think tank Chatham House, outlining the priorities ahead of the Atlantic Alliance summit scheduled... more
AirlinesEU Transport Council (2): new rules yes, but do they really protect those travelling by plane?
Delays: minimum threshold for requesting refunds increases from 3 to 4 hours - ATTACHMENT
Yesterday, the EU Transport Council meeting in Luxembourg adopted a regulatory text declaring its intention to define "clearer and better rules for air passengers" in the European Union. The new measures... more
AirlinesNew EU Council rules for air transport
The news concerns assistance and refunds for flight cancellations and delays
We report the press release of the Transport Council of the European Union regarding air transport."Council sets position on clearer and improved rules for air passengersMinisters for transport today reached... more
AirlinesProductive challenge for Sustainable fuels in the global aeronautical sector
Growth in demand drives innovation
According to the annual Sustainable Aviation Fuel Market Outlook report by SkyNRG, the global market for Sustainable Aviation Fuels (SAF) will face a significant discrepancy between supply and demand in... more
AirlinesIATA: $1.3 billion in airline funds blocked by Governments
10 the countries are responsible for 80% of them
The International Air Transport Association (IATA) reported that $1.3 billion in airline funds are blocked from repatriation by governments as of end April 2025. This is a significant amount, although... more
AirlinesA flourishing moment for Asia-Pacific carriers
Despite economic difficulties, passenger and cargo demand grows in April 2025
Despite economic headwinds and ongoing trade frictions, preliminary data on April 2025 air traffic, released today by the Association of Asia Pacific Airlines (AAPA), reveal steady growth in both the international... more
AirportsFraport AGM 2025: shareholders approve all agenda items
In Frankfurt, it will conclude the investment cycle with opening of new T3 in 2026
The 24th regular Annual General Meeting (AGM) of Fraport AG took place on May 27at Frankfurt Airport. In Lima and Antalya, Fraport has expanded capacities through measures that include the construction... more
AerospaceLeonardo's shareholder meeting approves 2024 financial statements
Main economical results at end of December
The Ordinary Shareholders' Meeting of Leonardo SpA was held yesterday in Rome. It should be noted that, in line with the provisions of Art. 106 of Law Decree No. 18 of 17 March 2020, as converted, with... more
AirlinesAir Arabia airline tickets purchasable with stablecoin cryptocurrency
Partnership with Mbank marks the entry of AE Coin into the Middle Eastern aviation sector
Air Arabia, the leading low-cost carrier in the Middle East and North Africa, and Al Maryah Community Bank (Mbank), the first fully integrated digital bank in the United Arab Emirates, have announced a... more
AirportsOslo. Positive 1Q 2025 for the Avinor Group
Profits Increase in tandem with air traffic at 43 Norwegian airports
Avinor Group, a State-owned company managing most of the civil airports in Norway, reported improved earnings in the first quarter of 2025 compared to the first quarter of 2024. Adjustments to airport... more
Civil aviationRussia cuts funds for civil aviation: -22% for purchase and maintenance of airplanes and helicopters
But the short-term impact is minimized due to delays in the delivery of new Russian aircraft
The Russian Government is set to make a significant cut in funding for civil aviation programs, with subsidies expected to be cut by nearly a quarter. According to Russian media, including the financial... more
DefenseUSA. Department of State approves potential sale of helicopters to Bosnia and Herzegovina
Model AW-119Kx and related equipment for an estimated cost of 100 million dollars
The US Department of State has given its approval for a potential Foreign Military Sale to Bosnia and Herzegovina, which includes AW-119Kx helicopters and related equipment, with an estimated value of... more
AirlinesAircraft and carriers. GOL reemerges from the Chapter 11 restructuring
After the approval from the US Bankruptcy Court, it soars towards the future with strengthened liquidity and reduced debts
The Brazilian low-cost airline Gol Linhas Aéreas Inteligentes is poised to complete its corporate restructuring process, culminating in the approval of its reorganization plan by a US bankruptcy court.... more
AirlinesEtihad Airways: results for 1Q2025
The highlights
Etihad Airways reports results for Q1 2025.HighlightsProfit after tax reached AED 685 million (USD 187 million), up 30 per cent year-on-year, with profit margin at 10 per cent (+1pp year-on-year)Customer... more
AirlinesQatar Airways announces financial results for fiscal year 24/25
The renewed strategy rewarded for delivering positive results
Qatar Airways Group has announced the strongest financial results in its history. The Group’s profits, which include cargo, catering, and Qatar Duty Free sectors, reached QAR 7.85 billion (USD 2.15 billion) i... more
AirlinesRyanair with US duties and delays Boeing towards Chinese aircraft
The operational challenges and potential changes in airplanes procurement strategy of the Irish low-cost
Ryanair's passenger numbers are growing at a more moderate pace due to certain operational challenges that have slowed traffic. The CEO of the Irish carrier, Michael O'Leary, has indicated that for the... more
AirlinesUAE: maxi-investment of over $1 billion for Astana airport
Kazakh airport ready to become a strategic hub between East and West
The agreement comes as Vietjet-Qazaq Air announced its joint-venture to launch Vietjet Qazaqstan, a new carrier that will operate a fleet of at least 20 Boeing 737 Max aircraft more
Finance and economyTrump doing the double in Doha: USD 1.2 Trillion in reciprocal trade with Qatar
And agreements worth over 243.5 billion: the contract for 210 planes and engines to Qatar Airways shines, but not only.../VIDEO
... Tight defense agreements that bind Qatar to purchase military equipment; contracts on anti-drone capabilities, MQ-9B remotely piloted aircraft systems, air and maritime security more
AerospaceTrump lands in Saudi Arabia (2): Riyadh will invest 600 billion dollars
Agreements are pouring in on AI, energy, defense, space, airplanes, airports, technology, healthcare and much more
The largest defense sales deal in history, worth nearly $142 billion, has been signed, providing Riyadh with cutting-edge warfare equipment and services more
DefenseUS approves sale of Chinook helicopters to UAE for $1.32 billion
Approval for six units plus equipment and logistical support; now awaiting "yes" from Congress
A separate $130 million transaction for maintenance and support of the UAE's F-16 fighter jets was also approved. The announcements come as Trump prepares for a tour of planned visits to the Middle East more
Finance and economyDuties: truce with China and reduced tariffs
Beijing grants cut from 125% to 10%, Washington from 145% to 30%. European stocks and dollar rise
The US and China are finally seeing a thaw in tariffs. The announcement comes from Geneva, where negotiations are underway at the home of the Swiss ambassador to the United Nations. According to a joint... more
AirlinesEmirates posts 20% profit increase
Revenues were impacted by the purchase of more expensive airline seats
Dubai-based Emirates said its profit rose 20 percent year-on-year to AED 21.2 billion ($5.8 billion) in the 12 months to March 31. Revenues rose in that period, largely as more passengers bought the most... more