Finance and economy
3,259 news found
Finance and economyAutogrill: cda esamina ed approva risultati 2019
The highlights -ATTACHMENT
The Board of Directors approves consolidated financial statements and draft of separate financial statements at 31 December 2019.The highlights:Net result excluding IFRS16 of €237m (€69m in 2018)The Boa... more
Finance and economyLeonardo BoD approved results at 31 December 2019
Fully focused on execution of Industrial Plan - ATTACHMENT
Leonardo's Board of Directors, convened yesterday under the Chairmanship of Gianni De Gennaro, examined and unanimously approved the draft of Group consolidated and Leonardo SpA financial statements at... more
Finance and economyAirplanes. Air France-KLM Group: February 2020 traffic
The data in a leap year - ATTACHMENT
Air France-KLM Group unveiled today the traffic results in February 2020.The highlights are: Please note that 2020 being a leap year, reported February traffic and capacity figures are mechanically increased... more
Finance and economyAircraft and transport. IATA updates COVID-19 financial impacts
Relief measures needed; two possible scenarios -ATTACHMENT
The International Air Transport Association (IATA) updated its analysis of the financial impact of the novel coronavirus (COVID-19) public health emergency on the global air transport industry. IATA now... more
Finance and economyAirplanes-helicopters. Airbus reports 2019 results
Record commercial aircraft deliveries - ATTACHMENT
Airbus reports today Full-Year 2019 results.The highlights are:Record commercial aircraft deliveriesStrong underlying financial performance, FY 2019 guidance achieved€ -3.6 billion penalties recognised f... more
Finance and economyIATA: slower but steady growth in 2019
Compared to 2018’s annual growth
The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2019 showing that demand (revenue passenger kilometers or RPKs) rose by 4.2% compared to the... more
Finance and economyFinancial plan for South African Airways finalized
There is liquidity until the rescue project is implemented
South African Airways announces in a note that "Extraordinary commissioners appointed by South African Airways Soc Ltd, with the support of the Department of Public Enterprises (DPE) and the ministry of... more
Finance and economyLeonardo BoD completed an initial review of 2019 expected performance
The Group will present in March Full Year results and an update of the Industrial Plan
At the meeting yesterday Leonardo Board of Directors completed an initial review of 2019 expected performance. The review showed that the Group has performed very well, delivering on its plans in the important... more
Finance and economyLeonardo: up to EUR 100m financing from Cassa Depositi e Prestiti
In order to fund investments in research, development and innovation
The investments will be focused on 4 main areas: development of technologically advanced products, cybersecurity, IT infrastructures and production efficiency more
Finance and economyPlanes-helicopters. Boeing: fourth-quarter results
The segment data
Boeing reported yesterday fourth-quarter results. Fourth Quarter 2019 Financial results continue to be significantly impacted by the 737 MAX groundingRevenue of $17.9 billion, GAAP loss per share of (... more
Finance and economyCoronavirus: Chinese carriers' shares collapse
Shanghai closes with the lowest result since 2019
Declining shares for Chinese carriers due to the coronavirus that hit the city of Wuhan. However, all sectors of the stock market are affected: the Shanghai index closed with a decrease of 2.8%: this is... more
Finance and economyUS-China truce: consequences for Europe and emerging countries
Could we find squeezed between two fronts?
After the US-China agreement (see AVIONEWS), analysts fear that the ghost of tariffs will move to Europe or emerging countries. Sylvain Broyer, chief economist of the rating agency "Standard and Poor's",... more
Finance and economyUSA-China: the truce of duties is signed
The deal comes after two years of trade war between the two countries
The United States and China signed the duties agreement. After almost two years of trade war between Washington and Beijing, the truce between the two countries is arrived between the American president... more
Finance and economyDelta Air Lines announces December quarter
And full year 2019 profit
Delta Air Lines reported today financial results for the December quarter and full year 2019 and provided its outlook for the March quarter 2020..December Quarter financial highlightsAdjusted earnings... more
Finance and economyLeonardo: financial calendar 2020
For Board of Directors and shareholders' meeting
Leonardo informs that the annual calendar of corporate events for the year 2020 is as follows:Thursday 12 March – Board of Directors: Draft Annual Report for 2019Thursday 7 May – Board of Directors: Res... more
Finance and economyAtlantia continues to fall in the stock market
Difficult moment for the company
The stock market continues to fall for Atlantia (-1.04%) again due to fears over motorway concessions. Therefore, Piazza Affari in Italy moves slightly above parity (+ 0.08%).On a page concerning Italian... more
Finance and economyAvio: nine months 2019 Group consolidated results
Revenue and Ebitda growth continues; stable net cash position
The Board of Directors of Avio SpA yesterday reviewed and approved the 9M 2019 Group consolidated results.The highlights are:Net Revenues: Euro 270.3 million (+3% on the corresponding first nine months... more
Finance and economyLeonardo: results at 30 September 2019
2019 Guidance confirmed - ATTACHMENT
Leonardo's Board of Directors, convened yesterday under the Chairmanship of Gianni De Gennaro, examined and unanimously approved the results at 30 September 2019.The highlights are:Solid 9M 2019 performanceNew... more
Finance and economyFincantieri: the BoD approves 9M 2019 results
Ships to be delivered up to 2027 -ATTACHMENT
The Board of Directors of Fincantieri SpA, chaired by Giampiero Massolo, has examined and approved the interim financial information at September 30, 2019.The highlights are:Revenues increased by 9.7%... more
Finance and economyUSA-China: agreement for elimination of duties
The end of the trade war is approaching
The United States and China have reached an agreement to eliminate "phased" duties. This is an important step forward for the end of the trade war between the two superpowers. The Chinese Trade Ministry... more
Finance and economyAna Holdings: financial results for the 6 months ended in September
Traffic data and forecasts
The Group will continue to invest in safety, quality and service to prepare for the capacity expansion of the Tokyo metropolitan airports in 2020 more
Finance and economyNegotiations continue between the US and China
"APEC" cancelled due to clashes in Chile, but negotiations do not stop
A new telephone conversation tomorrow between the United States and China to discuss the trade dossier: negotiations continue despite the uncertainties due to the cancellation in Chile of the "APEC" (Asia-Pacific... more
Finance and economyAirplanes-helicopters. Airbus reports 9m 2019 results
The highlights -ATTACHMENT
Airbus reported Nine-Month (9m) 2019 consolidated financial results and provided full-year guidance.The highlights are: Solid commercial aircraft environment9m financials mainly reflect A320neo ramp-up... more
Finance and economyExchange: Europe registers parity
Airbus growing, prudence in view of the US-China meeting
Today, European equities recorded parity despite the appointment on Thursday 10 October between the United States and China to resolve trade disputes and news of an upcoming invasion of Syria by Turkey... more
Finance and economyEuropean Parliament. Hearing of Commissioner-designate Paolo Gentiloni
MEPs from the budgetary affairs committee also participated in it
The Economic and Monetary Affairs committee questioned Paolo Gentiloni, Italian candidate for the economy portfolio.Political groups’ coordinators from the committee will meet within 24 hours to assess t... more
Finance and economyAirbus resumes its ascent after yesterday's European stock exchange crash
US duties scare the markets
Today the European shares have recovered, the day after recording the worst session since December 2018, accomplices to the alarming news on manufacturing and growth, the "Brexit" chaos (see AVIONEWS)... more
Finance and economyUS sanctions for Europe cause of Airbus
World Trade Organization recognizes America 7.5 billion - VIDEO
Today, the European Commission has declared that the US decision to impose trade sanctions on EU imports will risk causing damage on both sides of the Atlantic.The reference is on the decision by the World... more
Finance and economyAutogrill: data for the first eight months 2019
Strong performance at airports -ATTACHMENT
The Board of Directors of Autogrill SpA reviewed and approved yesterday the consolidated revenue performance for the eight months ended 31 August 2019.The highlights are: Revenue: €3,190m, +3.3% at co... more
Finance and economyLeonardo included in the Dow Jones Sustainability Indices for the 10th consecutive year
First place among the 5 Aerospace & Defense companies admitted to Djsi in 2019
Leonardo has become Aerospace & Defence reference in the Dow Jones Sustainability Index (DJSI), confirming its inclusion in the indices for the 10th consecutive year. The DJSI are among the most prestigious... more
Finance and economyAvio: first half 2019 results
Vega return to flight in 1Q 2020 -ATTACHMENT and VIDEO
The Board of Directors of Avio SpA, aerospace reference company, reviewed and approved yesterday the 1H 2019 results. Highlights VV15 Independent inquiry commission: in place the action plan for Vega t... more
Finance and economyIATA: working together to shape a sustainable future
The "WFS" will be held in Miami, 25-26 September 2019
The International Air Transport Association (IATA) announced that the "2019 World Financial Symposium" (WFS) will focus on the theme of shaping a sustainable future together: airlines, IATA and partners.The... more
Finance and economySwitzerland: increase in the cost of airline tickets to reduce greenhouse gases
Ready a series of reforms to respect the Paris Agreement
According to various Swiss media, the Swiss Commission for the Environment Council of the State proposed, today 19 August, the increase in the cost of air tickets, diesel, gasoline to reduce carbon dioxide... more
Finance and economyAtlantia: Group half-year financial report approved
Passenger traffic: + 2.0% AdR, + 5.7% Aéroports de la Côte d'Azur -ATTACHMENT
The meeting of the Board of Directors of Atlantia SpA, chaired by Fabio Cerchiai, has approved last Friday the Atlantia Group’s interim report for the six months ended 30 June 2019 (“H1 2019”), which will... more
Finance and economyAutogrill: BoD approves results at 30 June 2019
Strong performance at airports - ATTACHMENT
The Board of Directors of Autogrill SpA, which convened today, has reviewed and approved the consolidated results at 30 June 2019.The highlights are:Revenue up 4.3% to €2.3 billionRobust like for like r... more
Finance and economyAirplanes-helicopters. Airbus reports 1H2019 results
The highlights - ATTACHMENT
Airbus reported Half-Year (H1) 2019 consolidated financial results and maintained its guidance for the full-year.The highlights are: Commercial aircraft environment robustH1 financials mainly reflect A... more
Finance and economyLeonardo: results at 30 June 2019
Orders +34% - ATTACHMENT
Leonardo's Board of Directors, convened today under the Chairmanship of Gianni De Gennaro, examined and unanimously approved the results of the first half 2019.1H 2019 results again in line with expectationsNew... more
Finance and economyLufthansa Group: results in the second quarter
The highlights -ATTACHMENT
Lufthansa Group unveils today the results in the second quarter.The highlights are:Long-haul business sees further growthLufthansa Technik increases resultsNetwork Airlines and Eurowings substantially... more
Finance and economyFincantieri: BoD approves 1H2019 results
Record order intake at EUR 6.6 billion - ATTACHMENT
The Board of Directors of Fincantieri SpA, chaired by Giampiero Massolo, has examined and approved the Half year financial report at 30 June 2019, prepared in accordance with the international financial... more
Finance and economyAircraft-helicopters. Boeing reports 2Q results
Common effort continues to safe return to service of the 737 MAX airplane
Boeing reports today second-quarter resultsThe highlights are:Continue to engage global regulators and customers on safe return to service of the 737 MAX airplaneRecorded charge and increased costs related... more
Finance and economyDelta Air Lines announces June quarter 2019 profit
And its outlook for the September
Delta Air Lines today reported financial results for the June quarter 2019 and provided its outlook for the September quarter 2019.June Quarter Financial HighlightsAdjusted earnings per share were $2.35,... more
Finance and economyMoody's supposes possible downgrade of Atlantia rating
Shares of the society go down
The rating agency Moody's has announced it could downgrade rating of Atlantia and of the subsidiaries Autostrade and Aeroporti di Roma, now at the Baa2 level. The revision towards a possible downgrade... more
Finance and economyLeonardo: filing of company documentation
It is available to who is interested
According to applicable law and regulations, notice is hereby given that the text of the Articles of Association, updated following the amendment of articles 18, 28 and 34 (aimed at making permanent, in... more
Finance and economyLeonardo: agreement signed with four banks
Within the "Leap 2020" program
As part of Leonardo’s "Leap 2020" programme, which the Company launched to improve sustainability and performance of its supply chain, the industry has signed a Memorandum of Understanding (MoU) with B... more
Finance and economyAutogrill: shareholders' meeting approves 2018 financial statements
Dividend of € 0.20 and buyback. Zannoni takes the place of Gilberto Benetton - ATTACHMENTS
The Annual Shareholders’ Meeting of Autogrill SpA, held today in ordinary session and chaired by Paolo Zannoni, examined and approved the 2018 financial statements.The highlights are:Shareholders‘ Mee... more
Finance and economyRyanair: FY19 results
The highlights -ATTACHMENT
Ryanair today (20 May) reported a full year results. FY19 highlights include:Ave. fare fell 6% to just €37Traffic grew 9% to 142m (incl. Lauda)Ancillary revenue rose 19% to €2.4bnYr. end fleet grew to 4... more
Finance and economyEasyJet (2): results for the six months ending 31 March 2019
They are in line with expectations -ATTACHMENT
EasyJet published today, on May 17, 2019 the results for the six months ending 31 March 2019Summary During the first six months of Financial Year 2019 easyJet has: delivered first half results in line w... more
Finance and economyLeonardo shareholders' meeting approves 2018 financial statements
The points on agenda - ATTACHMENT
The Shareholders’ Meeting of Leonardo SpA, convened today in Rome, has resolved on the followings:Company Financial Statements for 2018 approvedDistribution of a € 0.14 dividend approvedIntegration of... more
Finance and economyAvio: first quarter 2019 results
The highlights - ATTACHMENT
The Board of Directors of Avio SpA today reviewed and approved the Q1 2019 results.The highlights are:Revenues: Euro 82.6 million (+10% on Q1 2018)EBITDA Reported: Euro 7.0 million (+15% on Q1 2018)EBIT... more
Finance and economyFincantieri: BoD approved the interim financial information at March 31, 2019
The highlights -ATTACHMENT
The Board of Directors of FINCANTIERI SpA, chaired by Giampiero Massolo, has examined and approved the interim financial information at March 31, 2019.The highlights are:Order intake at euro 6.5 billion,... more
Finance and economyLeonardo: BoD examined and approved results of first quarter 2019
In line with the objectives of the business plan -ATTACHMENT
Leonardo's Board of Directors, convened today under the Chairmanship of Gianni De Gennaro, examined and unanimously approved the results of the first quarter 2019.Solid start to the yearAll main business... more