AVIONEWS - World Aeronautical Press Agency
101,390 news found
IndustryFinmeccanica (5). 2005 highlights and significant events since the end of the period
Rome, Italy - Eight significant and important steps
"On 28 January 2005, Finmeccanica and Alcatel signed an agreement to form a partnership in the space sector, which came into effect on 1 July 2005. The agreement covered the creation of two companies,... more
IndustryFinmeccanica (11). Results by sector of activity: OTO Melara, WASS, MBDA
Rome, Italy - Value of production: EUR 1,154 million (+1%); EBIT: EUR 112 million (+15%)
"Demand in the defence systems business is highly cyclical. In the missile segment, global demand is now valued at around USD 18 billion a year. Supply in the sector is very concentrated, both in the US... more
IndustryFinmeccanica (6). Financial operations; Research and Development; outlook
Rome, Italy - In March 2005 the industry launched a new bond issue totalling EUR 500 million
"Financial operations In March 2005 Finmeccanica launched a new 20-year bond issue totalling EUR 500 million, with a coupon of 4.875%, maturing in March 2025. The operation not only introduced some flexibility... more
IndustryFinmeccanica (7). Results by sector of activity: AgustaWestland
Rome, Italy - Value of production: EUR 2,490 million (-4%); EBIT: EUR 272 million (+11%)
"Through AugustaWestland NV and its subsidiaries (wholly owned since 30 November 2004), Finmeccanica is a leader in the global helicopter industry, alongside EADS (Eurocopter) and United Technologies (Sikorsky).... more
IndustryFinmeccanica (8). Results by sector of activity: Galileo Avionica, Selenia Communications, OTE, AMS, Sistemi Navali Internazionali, Elsag, Datamat
Rome, Italy - Value of production: EUR 3,324 million (+60%); EBIT: EUR 269 million (+74%)
"The structure of the defence electronics business was changed significantly by the agreement signed at the end of April 2005 with BAE Systems. This led to: the creation of Selex Sensors and Airborne Systems... more
IndustryFinmeccanica (9). Results by sector of activity: Alenia Aeronautica, Aermacchi
Rome, Italy - Value of production: EUR 2,046 million (+7%); EBIT: 166 million (+42%)
"The aeronautics sector comprises Alenia Aeronautica and its subsidiaries, including Aermacchi, Officine Aeronavali Venezia and the GIE-ATR consortium, in which Alenia owns 50%. Value of production was... more
IndustryFinmeccanica (10). Results by sector of activity: Alcatel Alenia Space, Telespazio
Rome, Italy - Value of production: EUR 736 million (-5%); EBIT: EUR 26 million (+13%)
"Figures for 2005 include the first six months of activity of fully consolidated companies Alenia Spazio and Telespazio, and the following six months of activity relating to the two new joint-ventures,... more
IndustryFinmeccanica (4). Orders, order backlog, research and development, headcount
Rome, Italy - Equal to 15,383 million
"New orders totalled EUR 15,383 million, vs EUR 10,543 million in 2004, an increase of EUR 4,840 million (or 46%). More than 52% of new orders came from the military market, from 50% at December 31, 2004.... more
IndustryFinmeccanica (2). Value of production, EBIT and net profit
Rome, Italy - Equal to EUR 11,469 million, EUR 735 million and EUR 396 million
"Breakdown of key figures Value of production came in at EUR 11,469 million, an increase of EUR 2,311 million on the EUR 9,158 million recorded in 2004. This was in line with the group’s growth targets, a... more
IndustryFinmeccanica (3). The financial net debt
Rome, Italy - Equal to EUR 1,100 million
"Net debt stood at EUR 1,100 million, from EUR 701 million in 2004. This debt/equity ratio of 23% is within the limits of a conservative financial management policy, and below the maximum limits set by... more
Press releaseFinmeccanica. Board of directors approves 2005 results: EBIT up to EUR 735 m; value of production up to EUR 11,469 m, operating cash flow of EUR 501 m
Rome, Italy - New orders up 46% at EUR 15,383 million; order backlog up 32% at EUR 32,114 million, equivalent to around three years’ activity
"• Finmeccanica once again saw improved results in 2005 thanks to growth from all sectors, particularly Aeronautics, Defence Electronics and Helicopters. • Organic growth made a major contribution to... more
PeoplePriority landing for an aircraft at Palermo airport because a defective indicator
Palermo, Italy - After a verification the aircraft re-take off without problems
Yesterday Wind Jet flight 3248 Catania-Malaga has been obliged to a "Priority" landing at "Falcone-Borsellino" Palemo’s airport after that the pilot noticed that the indicator of the oil in one of the e... more
AirlinesRyanair's aircraft landed in error in a military airport
Belfast, UK - The pilot has been interrogated by airport authority
Yesterday a low-cost carrier Ryanair’s Airbus 320 aircraft, which is one of the most important European no-frill airline, in flight from Liverpool to Derry, Ulster, landed at Ballykelly military airport, a... more
AirlinesAir France condemned to re-fund four Italians for wrong service communications
Boulogne, Italy - The sentence has been emitted by Boulogne Court
French flagship carrier, Air France, has been condemned by Judge Franca Ugolini to re-fund two married couple for the wrong communication of the boarding gate for the connection of a flight to Madagascar.... more
AirlinesCathay Pacific: increased the frequency of the connection flights between Hong Kong and Rome-Fiumicino
Rome, Italy - It was made known by a carrier's statement
Hong Kong’s carrier, Cathay Pacific, made known to have increased the frequency of the flights that connect the Asian city with the airport of Rome-Fiumicino. The airline defined the airport of Fiumicino "... more
IndustryUnited Technologies Corp. awarded of a over 6 USDm contract
Washington, Usa - For the F-15 and F-16 aircraft
United Technologies Corp., Hartford, Conn., is being awarded a $6,052,694 firm fixed price contract. This action provides technical orders as required, for all variants of the F100 engine. The F100 engine... more
IndustryThales. Pansa: Finmeccanica doesn't look for joint-venture, it wants to entry in Thales' capital
Rome, Italy - Alessandro Pansa, Co-Director of Finmeccanica, said it
During a call conference with the financial analysts for the introduction of the 2005 budget data, Finmeccanica’s Co-Director and Financial Director Alessandro Pansa, said that "Finmeccanica has not i... more
AccidentsTourism airplane crashed on a campus in Colombia: 5 dead, and injured on ground
Medellin, Colombia - The aircraft catch fire in the impact with ground
A small tourism aircraft, would be a Cessna, crashed this morning on a sport complex of the Medellin’s University, 400 far from Bogotà, causing the death of five people on board, and hurting on ground of... more
Latest newsThe Hungarian Government signed an other agreement with Gripen for a value of EUR 57 million
Budapest, Hungary - A press release, issued by Swedish society, announced it
The Hungarian Government and the Gripen International, Swedish society maker of military airplanes, have signed an agreement for a value of EUR 57m. The contract is inclosed within the agreement of EUR... more
HelicoptersFrom Wall Street to "JF Kennedy" International airport with the helicopter only for USD 139
New York, USA - The service came back operative last Monday
American helicopter carrier, US Helicopter, after 28 years by the suspension of the previous service offered by New York Airways and Pan American gives the possibility to the businessmen who works in the... more
Science and technologyMacquarie Bank allied of Grupo Ferrovial in the bid for BAA
London, UK - Spanish company assigned to Australian bank the role of advising
The power of the Spanish company Grupo Ferrovial is increased slightly in view of the hike of the colossus of world airport management BAA, British Airports Authorities. Spanish company gave the writ to... more
DefenseAn IASD's delegation visited the headquarter of NATO
Brussels, Belgium - Comparison about the next challenges of the Atlantic Alliance
Yesterday the Permanent delegation of Italy at the headquarter of NATO in Brussels hosted a delegation of Italian and foreign officers and functionaries of the public administration of the IASD (Institute... more
Latest newsImportant test on the new F-35 Joint Strike Fighter
Fort Worth, USA - Fuel-system' functionality checked
The Lockheed Martin announced the good result of the fuel-system test of the new F-35 Joint Strike Fighter. Engineers and technicians completed, on schedule, a extensive checkout of the fuel-system on... more
IndustryBoeing confirm it will realize a new version of the 787
Seattle, USA - The industry will increase the available seats to greet carriers' requests
A Boeing’s spokesman confirmed the news related yesterday by the "Wall Street Journal" (see for details AVIONEWS) admitting to work to a longer version of the fuel-efficient 787, to try to greet to the s... more
People33rd Directive Committee of SAFA program: European skies and aircraft are sure
Olbia, Italy - Benedetto Marasà, President of the International Committee, declared so
Yesterday in Porto Cervo a meeting of the Directive Committee of SAFA, (Safety Assessment of Foreign Aircraft), operative program of ECAC (European Civil Aviation Conference) took place. The summit had... more
IndustryA-380: "The evacuation test was also an economic patriotism test"
Paris, France - French newspaper "Les Echos" wrote it yesterday
An article of the French newspaper "Les Echos" ironized yesterday about the fact that the evacuation test of the A-380 had a different treatment by press depending on it was European or American. For the... more
IndustryFrench and German Governments are in agreement to the EADS entry in Thales' capital
Frankfurt, Germany - So wrote German weekly paper "Stern"
The German weekly paper "Stern" wrote that German Chancellor, Angela Merkel, and the President of the French Republic, Jacques Chirac, should stand up for the hypothesis of an EADS’ entry in Thales’ cor... more
IndustryBoeing to launch a greater version of its B-787 "Dreamliner"
New York, Usa - The "Wall Street Journal" reported it yesterday
On the "Wall Street Journal"’s edition published yesterday reported the news that Boeing would have intention to launch on the market a greater version of its B-787 "Dreamliner". The aircraft at issue w... more
Press releaseFirst cooperation between Dutch Defence Ministry and an Avio' subsidiary
Turin, Italy - The text of the press release
DutchAero (Avio 80%, Philips 20%), based in Netherlands, was selected by Dutch Ministry of Defence as "Preferential candidate" for a cooperation project, which scheduled the mixed partnership between public... more
AccidentsCargo plane is fallen in Iran
Teheran, Iran - Nonconforming versions about incident's dynamics
Yesterday an Antonov cargo plane in Bulgarian fee fell down west from Teheran. So said the official Iranian press agency IRNA, which then added that there are no dead people among the 12 members of the... more
PeopleNegotiations in progress to achieve an open skies agreement between Usa and EU
Brussels, Belgium - The understanding should allow to attract capitals and should re-launch the carriers
EU is trying to achieve an agreement with the US Government for the signature of an open skies pact within next June. Currently talks are in progress with Washington officials to try to pass with reciprocal... more
Civil aviationFAA (Revision) AD on Bombardier model CL-600-2B19 airplanes
Washington, Usa - To prevent undetected failure of the shear pin of both PFS units simultaneously, which could result in loss of pitch feel forces and consequent reduced control of the airplane
Airworthiness Directive Federal Register Information [Federal Register: March 28, 2006 (Volume 71, Number 59)] [Page 15323-15325] Header Information DEPARTMENT OF TRANSPORTATION Federal... more
Science and technologyBAA aims to China
London, UK - The company wants to utilize Asiatic giant's boom
BAA, the British company which manage several airports among which the Londoners air stations of Heathrow, Gatwick and Stansted, at the center from several weeks of the attention of some foreign companies... more
DefenseTurkey wants to update its air military fleet
Ankara, Turkey - It has to choice between the F-35 Joint Strike Fighter and the Eurofighter
Turkish Government announced its intention to invest in the next 20 years USD 10 billion to modernize its air military fleet. In particular Murad Bayar, undersecretary to Industry and Defence, made known... more
AirlinesInterest reduction on Delta Airlines' debt
Atlanta, USA - It was made known by the carrier
Carrier Delta Airlines, the third biggest airline in USA, made known on Monday to have achieved a lower interest on the about USD 2 billion financial debt, which will allow it to save about USD 30 million... more
Science and technology"Galileo Galilei" Pisa's airport: six new links served by Ryanair from next September 14
Pisa, Italy - It was unveiled during a press conference organized yesterday by SAT and Ryanair
During the press conference held yesterday morning at Pisa’s airport and made by Ryanair and SAT, the management society of the Tuscanian airport, has been announced that from September 14 Ryanair will l... more
AirlinesHapag-Lloyd Express: flights from Cagliari to Stuttgart, Cologne and Munich inaugurated
Cagliari, Italy - The German carrier expects to transport 240,000 passengers in Sardinia
The new Summer schedule by German low-cost airline, Hapag-Lloyd Express, has been inaugurated yesterday morning in front of Regional Tourism and Transport Councillors, Luisanna Depau and Sandro Broccia.... more
MiscellaneousAngelo D'Arrigo's burial ceremony has been celebrated yesterday in Catania: a patched eagle at the top of the funeral procession
Catania, Italy - "He was a simple, kind and free man"
Yesterday in Catania’s cathedral took place the burial cerimony of Angelo D’Arrigo the hang glider recordman who died last Sunday in an air incident near Ragusa (see for details AVIONEWS). At the top of... more
IndustryFinmeccanica (3). Guarguaglini: about AVIO the discussion are still in progress
Rome, Italy - The answer of Finmeccanica's President and CEO to a journalist's question
During the press conference to present Finmeccanica’s 20005 budget data, a journalist asked to Pier Francesco Guarguaglini what are the projects of the company about the subsidiary AVIO, owned by the 7... more
AirlinesVirgin Atlantic: the first flight for a Middle East's airport took off yesterday
Dubai, UAE - From London, it will connect four times per week the UAE's capital
A Virgin Atlantic’s airplane took off yesterday, for the first time from Londonian’s airport of Heathrow towards Dubai, in the UAE. The flight’s frequency will be four links per week until April 30, f... more
IndustryFinmeccanica (2). Guarguaglini: in the future we aim to specific purchase in Europe and USA
Rome, Italy - It was declared by Finmeccanica President and CEO, Pier Francesco Guarguaglini
During a press conference called to present Finmeccanica Group’s 2005 budget data, the president and CEO of the company said that the industry "For the next future aims to invest as in the internal as i... more
IndustryFinmeccanica. Zappa: the negotiation with Sukhoi is to a good point
Rome, Italy - It was declared by Finmeccanica General Director, Giorgio Zappa
"The negotiation between Finmeccanica and Sukhoi for the realization of the new generation regional transport aircraft is in a good point. Two elements need to end. The first is the agreement between the... more
IndustryThales: green light by EADS shareholders to Astrium bringing in
Paris, France - It was written by the French newspaper "Le Monde"
French newspaper "Le Monde" wrote yesterday that the principal shareholders of EADS, the Frech State, Lagardere the Germans of Daimler Chrysler should have given their assent to the bringing in the subsidiary... more
PeopleStrikes are forecast in air and rail sectors
Rome, Italy - Transport will be guaranteed in Easter and electoral periods
April could be an hot month for transport in Italy. Despite the long break for the elections and the Easter holiday, since April 6 to 20, and the respite for the Liberation Day (Italian celebration for... more
AirlinesEurofly: Viaggi del Ventaglio's Board could accept the purchase's offer of Lauda Air-Livingston
Milan, Italy - "Il Sole 24 Ore", the Italian financial newspaper wrote it yesterday
In an article by Simone Filippetti, in the "Finanza&Mercati" section of the "Il Sole 24 Ore" edition published yesterday, has announced that the Viaggi del Ventaglio’s Board, society controlling the c... more
Science and technologySEA: the public sale to sell the 33% of the company's shares is failed
Milan, Italy - It was made known by a statement of the City commission named to make the sale
A statement of the city commission nominated to sale the 33% of the shares of SEA (the company which manages Milan airports) made known that there were no offers for the share offered by Milan Municipality.... more
AirlinesLloyd Aero Boliviano could be soon in bankruptcy
La Paz, Bolivia - Workers' protests and Government's roasts
Ernesto Absun, President of the carrier Lloyd Aero Boliviano (LAB), announced yesterday that the airline which he presides, is on the verge of bankruptcy. Probably, continued Absun, we will obliged to... more
PeopleEurocontrol: forecast shows aviation patterns changing across Europe
Brussels, Belgium – Over the coming seven years
A new forecast issued by EUROCONTROL highlights the need for policy-makers to plan for substantial increases in the numbers of flights across Europe as well as changes to the pattern of these flights over... more
IndustryFinmeccanica. Guarguaglini: I have no objections for Alcatel-Thales merger project
Paris, France - CEO of Finmeccanica says that in a French newspaper "Les Echos" interview
"A priori I have no objections for Alcatel and Thales project. And, as this project concerns our space activities, Alcatel will have to ask our agreement. Until now, however, we have not been involved... more
Science and technologyPassengers traffic data of Pisa airport in 2006
Pisa, Italy - 64% growth compared to January-March 2005
During the press conference which took place this morning in Pisa (Italy), Pier Giorgio Ballini, CEO of SAT (management company of the airport in the Tuscanian town), successfully announced data registered... more