Finance and economy
2,877 news found
AirlinesBerlin Airport strengthens security checks
The aim is to reduce the formation of long queues at the gates in the Summer
German airport of Berlin-Brandenburg has upgraded its BER Runway security check system for the Summer peak season. The goal is to reduce to zero the possibility of long queues forming at the gates, slowing... more
DefenseNATO summit with defense companies
Scheduled for tomorrow, Wednesday 14 June, in Brussels
Tomorrow, Wednesday 14 June, a summit within the North Atlantic Treaty Organization (NATO) between the secretary general Jens Stoltenberg and 25 companies operating in the defense and security sector,... more
AirlinesThe race for NATO secretaryship
These are the eligible candidates, Italy stays on the sidelines
Betting on names are underway for the appointment of the new secretary general of the North Atlantic Treaty Organization (NATO). The current head of the Atlantic Alliance, Jens Stoltenberg, will in fact... more
AirportsHeathrow Airport at pre-pandemic levels
It operates 248 daily flights connecting the UK to 31 US destinations
The operator of the British London-Heathrow airport has communicated that the volume of passenger traffic in the month of May has returned to a level almost corresponding to what was recorded in the period... more
Finance and economyAirbus prepares future military helicopters
Developments favored by Russian-Ukrainian war, aircraft still essential in modern conflicts
The Airbus Helicopters company is working on a number of future features that will ensure a decisive operational impact on the battlefield. In particular, the company is planning the next generation of... more
DefenseJoint British-Portuguese air exercise
"Montijo Merlin" mission to enhance capabilities deployed over continental airspace
The British and Portuguese air forces conducted a joint exercise at Montijo Air Base, located near Lisbon, Portugal. Called "Montijo Merlin", the training was intended to provide and enhance the chemistry... more
AirlinesITA Airways: airspace cabin debuts
Comfort and technology to offer customers a unique flight experience
With the new A-330neo, the national air carrier ITA Airways, which entered service on 2 June completing its first commercial flight on the Rome-Washington route, the Airspace cabin, which guarantees maximum... more
AirlinesUSA: passenger protection law under consideration
To protect the rights of travellers who are victims of delays and cancellations
The Transportation Committee of the United States House of Representatives introduced a broad bill on the aviation sector on Friday. It includes increased hiring of air traffic controllers, better protection... more
Civil aviationFAA has new interim administrator
Polly Trottenberg replaces Billy Nolen, but there is no official candidate
The United States Department of Transportation announced yesterday that Polly Trottenberg, an official of the same department, will assume the position of interim head of the Federal Aviation Administration... more
AirlinesSpiceJet bets on Boeing
Leased B-737 Max aircraft to meet high travel demand
The management of Indian low-cost carrier SpiceJet will add 10 B-737 Max aircraft to its fleet. It is a decision that aims to satisfy the growing demand for travel by passengers and at the same time to... more
AirlinesITA-Lufthansa towards official status
Final signatures are needed before notifying the operation in Brussels
The marriage between the German Lufthansa Group and the air carrier ITA Airways is in the final stages. The agreement, strongly desired by the Ministry of Economy and Finance (MEF) was positively received... more
DefensePoland evaluates purchase of Black Hawk helicopters
Country's Lockheed Martin managers meet defense ministry in Warsaw
The US group Lockheed Martin, specialized in the aerospace and defense sectors, could supply the Polish government with around 32 UH-60 Black Hawk multi-purpose armed helicopters. This is an order that... more
AirlinesMalaysia charters Black Hawk helicopters
Five-year contract for 4 US military aircraft
Malaysia's defense ministry recently signed an agreement with the Pentagon for the five-year lease of four Sikorsky UH-60A Black Hawk helicopters. This is the first time that this model of American-made... more
AirlinesGlobal air carriers double profits by 2023
The estimate of Iata director general Willie Walsh at the Istanbul summit
Airlines around the world have more than doubled their forecasts for their aviation profits for 2023. However, they said delays in deliveries of new planes, combined with soaring demand from airlines,... more
AirlinesITA-Lufthansa: the signing, then to Brussels
European Antitrust will assess the impact of the agreement on free competition on the airline market
The official signing of the agreement reached last May 25 between the Italian Minister of Economy and Finance (MEF), Giancarlo Giorgetti, and the CEO of Lufthansa, Carsten Sphor, for the privatization... more
AirlinesLeeds Airport violates night flights rules
The complaint of the city council, ready for legal proceedings
The City Council of the City of Leeds, UK, has sent a notice of breach of noise abatement rules to the management of Leeds-Bradford Airport. The fact concerns the planning of 747 more night flights than... more
AirlinesTurkish Airlines: soon confirmation on maxi-aircraft orders
Within the next two months, the possible final go-ahead from the Ankara government
After the announcement by the chairman of the board of directors of Turkish Airlines, Ahmet Bolat, last May 1st, within the next two months the national carrier is expected to make a final decision on... more
Finance and economyColombiagate: all the names of the military affair
Gripping on the international scandal: eight suspects, searches in offices and at home
The Prosecutor of Naples has entered eight people in the register of suspects in the context of an investigation into Colombiagate. This is an attempt to sell Italian-made military ships and aircraft to... more
AirlinesITA-Lufthansa: Moody's promotes
There are "solid strategic rationales for the acquisition of the minority stake"
The international financial analysis agency Moody's liked the marriage between the national air carrier ITA Airways and the German aviation group Lufthansa. So it rated the operation with a Ba-1 with a... more
Finance and economyHolland buys 14 military helicopters
They will be employed by the Special Operations Force (Sof) for operations on land and at sea
The Netherlands has announced the purchase of 14 new military helicopters for the training of the "special forces" of the Dutch Air Force. The sale concerns Airbus Helicopters H-225M "Caracal" long-range... more
DefenseStrengthened India-US defense axis
This is the Icet critical and emerging technology initiative
The governments of India and the United States have agreed to strengthen industrial cooperation in the defense sector. This is an announcement made today by US Defense Secretary Lloyd Austin, who arrived... more
AirlinesAir carrier IndiGo wants 500 Airbus aircraft
It could be the largest trade in the world by a single company
Indian low-cost carrier IndiGo is close to signing a potential maxi-order for 500 narrow-body Airbus A-320 aircraft. According to an initial estimate, the deal would be worth more than 50 billion dollars... more
CargoIran announces new alliance in the Gulf
Maritime cooperation for the geopolitical security of trade
The Government of Iran has announced the birth of a new naval alliance in the Persian Gulf. This is a maritime cooperation which should include Saudi Arabia, the United Arab Emirates, Oman, Qatar, Iraq... more
Airlines"Amsterdam Airport has no shame"
Gibes from dg Walsh (Iata) against rate increases and slot management
The global aviation industry has experienced a period of robust recovery in the last year after a long recession due to the covid-19 pandemic, followed by the Russo-Ukrainian war and the increase in the... more
AirlinesAircraft. Air strike on June 4 in Italy
A 24-hour mobilization of the airport sector
Sunday 4 June 2023 will be a 24-hour strike in the airport sector in Italy. Numerous inconveniences are expected for passengers travelling to or from Italy, dealing with delayed and cancelled flights,... more
AirlinesAircraft and transport: problems with animal fats for Saf
T&E ong denounces: by 2030 consumption could triple
The non-governmental organization Transport & Environment (T&E), specialized in the transport and environment sectors and which promotes sustainable transport in Europe, has published a new study which... more
AerospaceFirst NASA "Ufo team" meeting
The 1st report on the investigations is expected in July
The National Aeronautics and Space Administration (NASA) UFO expert group met publicly yesterday for the first time. At the center of the meeting was the study of "unidentified aerial phenomena" (Uap,... more
AirportsSpain: over 17 billion euros for airports
Management company Aena launches tenders to upgrade airports
The Spanish airport operator Aeropuertos Españoles y Navegación Aérea (Aena) has been awarded four concessions (out of the total of six tenders) for the management of duty-free shops in 23 airports th... more
Civil defenseUSA: laser against helicopter, arrested
Point blinding light after the discovery of a clandestine car race
A 21-year-old man was arrested for being the suspected perpetrator of a stunt against a Metro Nashville Police Department (Mnpd) helicopter. According to the indictment, he allegedly aimed a laser at an... more
CargoAircraft and transport. IATA: cargo demand decline slows in April
Key factors influencing it
The International Air Transport Association (IATA) released data for April 2023 global air cargo markets, showing a continued, but slower, decline against the previous year’s demand performance.Global d... more
Civil aviationHill Helicopters will introduce first helicopter
On display at the Imperial War Museum, Duxford, UK in December
The British aircraft manufacturer Hill Helicopters has announced the presentation of its first helicopter, called the HX-50, during an event at the Imperial War Museum in Duxford, in the United Kingdom,... more
Finance and economyPoland arms new helicopters
Agreement with the USA on Hellfire missiles for military aircraft
The governments of Poland and the United States signed a contract for the purchase of American-made Lockheed Martin AGM-114 II air-to-ground missiles yesterday. These are armaments purchased by Warsaw... more
DefenseUK celebrates the "HMS Prince of Wales" aircraft carrier
City of Bristol grants "Freedom of the City" on Saturday 10th June 2023
The British "HMS Prince of Wales" aircraft carrier, the largest warship of the Royal Navy, will obtain the "Freedom of the City" on Saturday 10 June 2023. It is an honor conferred by the administration... more
Civil aviationIndia: new guidelines on Himalaya helicopter travel
Decision on the occasion of 70 years of conquering the highest mountain in the world
The Directorate General of Civil Aviation (DGCA) India, has introduced from this season "an additional take-off control for pilots operating on helipads at 10,000 feet" to reach the Himalaya. The decision... more
AirlinesITA-Lufthansa: a long-awaited turning point
Spohr: "ITA is not the old Alitalia" and "we will make this operation a success"
The privatization of 41% of the air carrier ITA Airways by the Lufthansa Group (which put 325 million euros on the plate) represents a turning point for the Italian aviation market. Thus ends, after decades,... more
AirlinesAsiana Airlines focuses on safety
It will not sell tickets for seats located near emergency hatches
The South Korean company Asiana Airlines has declared that it will no longer sell tickets to passengers for seats located near the emergency exit aboard the A-321/200 aircraft. It is a decision that comes... more
AirlinesLondon City Airport investigating hacker attack
Looking for a flaw that allowed the stopover website to be put out of action for a few hours
The management company of the British London-City airport has launched an in-depth investigation into the IT breach suffered on the morning of Sunday 28 May, which put the airport's website out of action... more
AirlinesIn the skies the first C-919 aircraft with passengers
A historic moment for Chinese aviation - VIDEO and PHOTO GALLERY
First commercial flight with passengers of the C-919 narrow-body aircraft manufactured by the Chinese State-owned Commercial Aircraft Corporation of China (Comac). The connection (MU-9191) between Shanghai-Hongqiao... more
AirlinesSummer 2023: customer complaints rise
Global airlines are pushing lawmakers to take action to limit chaos
As the Summer high season approaches, the demand for travel is getting stronger. And while the number of air connections made every day in the world increases, so does the number of disputes between travelers... more
AirlinesC-919 aircraft first commercial flight
Maiden takeoff in the world with China Eastern Airlines livery on Sunday, May 28
The Asian carrier China Eastern Airlines, first customer of the C-919 narrow-body aircraft produced by the Commercial Aircraft Corporation of China (Comac), will take off the first commercial flight (MU-9191)... more
DefenseRussia increases production of drones
UAV among the most used in the war in Ukraine by the armed forces of Moscow
The Russian weapons company Kalashnikov announced that it is opening a specialized division for the production of kamikaze drones today. It is a decision linked to the pragmatic analysis that these weapons... more
AirlinesLufthansa Group reached agreement on the acquisition of a stake in ITA Airways
41% through a capital increase of EUR 325m
Deutsche Lufthansa AG reached yesterday an agreement with the Italian Ministry of Economy and Finance (Ministero dell’Economia e delle Finanze, MEF) to acquire a minority stake in the Italian national c... more
AirlinesItalian Mef. Lufthansa and ITA confirm agrement
Today meeting at MEF between minister Giorgetti, CEO Spohr and Chairman Turicchi
Minister of Economy and Finance Giancarlo Giorgetti and Deutsche Lufthansa CEO Carsten Spohr met today at MEF to confirm the conclusion of the agreement: Lufthansa's investment in ITA Airways to take over... more
Civil aviationRobinson helicopters celebrate 50 years
To date it has produced more than 13,500 aircraft in three versions
Less than a month is missing to celebrate the 50th anniversary of Robinson Helicopter Company, the US aircraft manufacturer founded on June 20, 1973 by Frank Robinson, who had the idea of a new type of... more
AirlinesAircraft and safety. USA: FAA invests in prevention
Initiatives against "unexpected incursions" on runways - VIDEO
The US Federal Aviation Administration (FAA) has communicated the allocation of over 100 million dollars to a dozen airports. The aim is to strengthen the air accident prevention mechanism. The funds will... more
DefenseAmerican aircraft carrier in Norway
NATO showdown in a moment of maximum tension with Russia
North Atlantic Treaty Organization (NATO) showdown at a time of heightened tension with Russia over the war in Ukraine. The largest aircraft carrier in the world, the "USS Gerald R. Ford" of the US Navy,... more
AerospaceVirgin Orbit: all assets up for auction
After bankruptcy it closes its business, on the market for 36 million dollars
The former US aerospace company Virgin Orbit, specialized in the launch of satellites and now in bankruptcy, has announced that it will close permanently after the sale of all assets. These include its... more
DefenseItaly increases military spending
To strengthen the Eastern European front of the Atlantic Alliance in an anti-Russian function
The Italian economic commitment to support the missions of the North Atlantic Treaty Organization (NATO) is growing. In the first months of 2023 were allocated 314 million euros to the defense sector (there... more
DefenseDenmark joins Pesco cooperation
Borrell: "It allows member states to invest, develop capabilities and prepare armed forces"
The European Council confirmed Denmark's participation in the Permanent Structured Cooperation (PESCO), the permanent structured cooperation in European defense and security matters. Copenhagen thus becomes... more
Civil aviationThe eVtol for Switzerland-Italy routes are arriving
Agreement between German manufacturer and Swiss company
The German company Lilium, developer of the of the homonymous eVtol (Electric Vertical Take-Off and Landing), has announced a purchase agreement with the Swiss company Air-Dynamic, which operates connection... more