Finance and economy
2,100 news found
Finance and economyAirplanes and finance. Alitalia significantly reduces losses in 2015; on track for profitability by 2017
Rome, Italy - Investment of €400 million in 2016 will deliver significant benefit to business and customers between 2016 and 2020
Alitalia significantly reduces losses by €381 million in 2015; on track for profitability by 2017, as it reports strong 2015 performance. • Significant reduction in losses from €580 million in 2014... more
Finance and economyAirbus Group shareholders approve all resolutions at 2016 AGM: Tom Enders reappointed CEO
Amsterdam, Holland - Three new independent non-executive directors; Denis Ranque reappointed Chairman; Fontaine as DTO
Shareholders of Airbus Group approved all 21 resolutions proposed at its Annual General Meeting, including the appointment of three new independent non-Executive Directors and 2015 dividend payment of... more
Finance and economyFinmeccanica: Shareholders’ Meeting approves the change of the Company’s name and the 2015 Financial Statements
Rome, Italy - With effect from 1 January 2017
Finmeccanica: Shareholders’ Meeting approved the change of the Company’s name and the 2015 Financial Statements. • Approved the change of the Company’s name • Approved the Company Financial Statement... more
Finance and economyLufthansa draws positives at its AGM after a difficult year
Hamburg, Germany - Strategic group development to be consistently continued; further investments in 2016
Lufthansa draws positives at its Annual General Meeting after a difficult year The highlights are: • Group result one of the best in the company’s history • CEO Carsten Spohr: “After safety,... more
Finance and economyAirplanes and helicopters. Airbus Group reports first quarter (Q1) 2016 results -Specials
Amsterdam, Holland - Continued focus on programme ramp-up and NEO transition
Airbus Group reported first quarter (Q1) 2016 results. The highlights are: • 2016 guidance maintained, commercial aircraft order backlog robust • Revenues € 12 billion; EBIT before one-off € 501... more
Finance and economyAirplanes and finance. Etihad Airways announces net profit of USD 103 million for 2015
Abu Dhabi, UAE - Fifth consecutive year of net profitability demonstrates airline’s successful growth strategy
Etihad Airways announced financial results. The highlights are: • Net profit of US$ 103 million for 2015 • Total revenue of US$ 9.02 billion on back of increased passenger and cargo volumes • Passe... more
Finance and economyAirplanes, helicopters and finance. Boeing reports first quarter results and reaffirms 2016 guidance
Chicago, Usa - Over 5,700 commercial airplane orders
Boeing reports first-quarter results and reaffirms 2016 guidance The highlights are: - Revenue increased to $22.6 billion - Solid core EPS (non-GAAP) of $1.74 after $0.24 KC-46 charge; GAAP EPS... more
Finance and economyZurich sells its partecipation to Bangalore's airport
Zurich, Switzerland - The transition in the third quarter
With a 48,9 billion of dollars' operation Zurich airport has sold its participation of 5% in “Bangalore International Airport”, BIAL. The Swiss airport has said that this transition should be finish in... more
Finance and economyHamburg Airport closes financial year 2015 with profit
Hamburg, Germany - A good result and a new passenger record
Hamburg Airport finished the 2015 financial year positively. The airport achieved a good result amounting to 46.0 million euros. The figure for 2014 was 40.2 million euros. Turnover for the year was 288.1... more
Finance and economyAirbus Group announcement on UK export credit financing
Amsterdam, Holland - The note issued by the company
Airbus Group SE has informed relevant UK authorities of its findings concerning certain inaccuracies relating to applications for export credit financing for Airbus customers. The Group believes that... more
Finance and economyShareholders' meeting of Finmeccanica: filing of Remuneration Report
Rome, Italy - It is convened at the end of this month
With reference to the Shareholders’ Meeting of Finmeccanica, convened in Extraordinary session on 22, 27 and 28 April 2016 (in first, second and third call respectively) and in Ordinary Session on 22 a... more
Finance and economyShareholders’ Meeting of Finmeccanica: filing of documentation
Rome, Italy - Convened at the end of April
With reference to the Shareholders’ Meeting of Finmeccanica, convened in Extraordinary session on 22, 27 and 28 April 2016 (in first, second and third call respectively) and in Ordinary Session on 22 a... more
Finance and economyFinmeccanica: filing of documentation on annual financial report
Rome, Italy - At the company's head office in Rome, at Borsa Italiana SpA and on its website
According to applicable law and regulations, you are hereby notified that the Annual Financial Report as at 31 December 2015 (including the Draft Annual Financial Statements and the Consolidated Financial... more
Finance and economyAirplanes and results. Lufthansa Group increases profit for 2015 significantly
Frankfurt, Germany - Strategic realignment progressing well
Lufthansa Group unveiled the results 2015 and the outlook 2016. The highlights are: 2015 • Adjusted EBIT increased by 55 per cent to EUR 1.8 billion • Passenger airline profits doubled due... more
Finance and economyFinmeccanica BoD approves the 2015 financial statements -Specials
Rome, Italy - Proposed to the Shareholders' Meeting the change of the Company’s name in Leonardo
The Board of Directors of Finmeccanica approves the 2015 Financial Statements. The highlights: - 2015 Results materially improved and above expectations. - EBITDA at EUR 1.9 billion, +19% compared... more
Finance and economyAirports and economy. Fraport achieves result despite challenging business environment
Frankfurt, Germany - 61 million passengers handled at FRA in 2015
The Fraport Group closed fiscal year 2015 successfully with a 2.5 percent rise in passenger traffic -serving 61 million at its Frankfurt Airport (FRA) home base- as well as a significant increase in... more
Finance and economySale of 100% of Fata SpA (Finmeccanica) completed
Rome, Italy - The company active in the field of industrial plant engineering
Finmeccanica announced yesterday the closing of the sale to DANIELI Group of the 100% of Fata SpA, active in the field of industrial plant engineering, including its subsidiaries in USA (Fata Hunter),... more
Finance and economyAirplanes and airports. Autogrill: the BoD approves the consolidated financial statements as of 31 December
Milan, Italy - Sales in the airport channel were up 20.2%
The board of directors of Autogrill approves the consolidated financial statements as of 31 December 2015. The highlights: • Consolidated revenues: €4,369.2m, up 11.2% on €3,930.2m in 2014 (up 2... more
Finance and economyAirplanes and economy. Airbus Group completes acquisition of Navtech
Toulouse, France - This operation follows the agreement announced in December 2015 to acquire the company
Airbus Group has completed the acquisition of 100% of the shares of privately held Navtech. This operation follows the agreement announced in December 2015 to acquire the company. With its comprehensive... more
Finance and economyAirplanes and finance. United reports February 2016 operational performance
Chicago, Usa - The airline to launch first-ever nonstop service by a US carrier
United Airlines (UAL) reported February 2016 operational results. UAL's February 2016 consolidated traffic (revenue passenger miles) increased 2.7 percent and consolidated capacity (available seat miles)... more
Finance and economyAircraft and finance. Cathay Pacific posts profit increase to HK$ 6 billion in 2015
Milan, Italy - The Group’s performance in 2015 was better than in 2014, with the business benefiting from low fuel prices
The Cathay Pacific Group reported an attributable profit of HK$6,000 million for 2015. This compares to a profit of HK$3,150 million in 2014. Earnings per share were HK152.5 cents compared to HK80.1 cents... more
Finance and economyAirplanes and finance. CALC received credit support from Exim Bank of China
Hong Kong, China - USD 41 million for the leasing of an Air India aircraft
China Aircraft Leasing Group, one of the largest independent aircraft operating lessors in China, received credit support at amount of USD 41 million from Transport Financing Department of the Export-Import... more
Finance and economyAirplanes and economy. Aci Europe: new report reveals private investment in airports more widespread -Specials
London, UK - During the "8th edition of ACI Airport Economics and Finance Conference"
This morning at the "8th ACI Airport Economics & Finance Conference" currently taking place in London, ACI EUROPE releases a new report on the state of airport ownership across the European continent. The... more
Finance and economyAirplanes. Embraer releases 4Q and FY 2015 results and 2016 outlook -Specials
São José dos Campos, Brazil - Highlights
Embraer releases 4Q and FY 2015 results and 2016 outlook Highlights - In 4Q15, Embraer delivered 33 commercial and 45 executive (25 light and 20 large) jet aircraft. The Company ended 2015 with 101... more
Finance and economyAirplanes and helicopters. Airbus Group reports solid 2015 results, with guidance achieved -Specials
Amsterdam, Holland - Group order intake in 2015 was € 159 billion
Airbus Group reports solid 2015 results, with Guidance Achieved • Revenues up six percent to € 64 billion; EBIT before one-off € 4.1 billion • Earnings per share rise 15 percent to € 3.43 • Proposed 20... more
Finance and economyAircraft and finance. Agreement Qatar Airways-Meridiana: 900 job losses planned
Rome, Italy - 49% of the shares in the hands of the Arab company. At risk 50% of the workforce
The new business plan of Meridiana provides cuts in personnel. 900 job losses, more than 500 among the flight attendants. This was established during the meeting of the company with nine trade unions in... more
Finance and economyAircraft and airports. Sustained growth for Amsterdam-Schiphol
Amsterdam, Holland - Continued investments in capacity, quality and accessibility required
Today Schiphol Group is presenting its results for 2015. Major contributing factors were the considerable growth in passenger numbers, the large network of destinations and the financial solidity. Revenue... more
Finance and economyUAV aircraft and radar systems. "Made in Italy" in aerospace: a market worth of USD 500 billion
Rome, Italy - ExportUsa signs agreement with US government agency
ExportUsa, the consulting company which sells and promotes "Made in Italy" products in the Usa, has signed the agreement with an agency of Washington DC specialised in direct managing of distribution and... more
Finance and economyAircraft and finance. Enav to "Piazza Affari": the Italian air traffic control company meets the investors
Rome, Italy - On stock market within June with steps in London and USA
The Management Board of Enav, the Italian company which provides the Air Traffic Control service, got together yesterday to analyze the business plan of the equity story that it will present to international... more
Finance and economyFinmeccanica: periodic communication on the share buyback programme
Rome, Italy - Authorised by the Shareholders’ Meeting held on 11 May 2015
As part of the share buyback programme authorised by the Shareholders’ Meeting held on 11 May 2015, Finmeccanica acquired on the Italian Stock Exchange (M.T.A.) 1,167,033 of the Company’s ordinary sha... more