Finance and economy
2,100 news found
Finance and economyAirplanes. Etihad Airways and partner airlines' fundraising transaction increased to USD 700 million
Abu Dhabi, UAE - Following a surge in demand from international financial institutions
Etihad Airways and its equity partner airlines have increased the funds raised from their unique platform financing transaction to USD 700 million following a surge in demand from international financial... more
Finance and economyFinmeccanica reconfirmed to the Dow Jones Sustainability Indices World and Europe
Rome, Italy - For the sixth year in a row; total score improved compared to last year
Finmeccanica is named to the prestigious Dow Jones Sustainability Indices (DJSI) World and Europe 2015, which reward the companies most committed to sustainability, marking the sixth consecutive year. Through... more
Finance and economyCALC announces 2015 interim results "(Specials" by AVIONEWS)
Hong Kong, China - Income surges 47.0%
China Aircraft Leasing Group Holdings Limited (“CALC” or the “Company”), the largest independent operating aircraft lessor in China, yesterday announced strong financial and operating results of the Com... more
Finance and economyAirplanes and helicopters. Finmeccanica: documentation relating to mergers and spin-off available to the public
Rome, Italy - The annual reports for the last three financial years of the companies involved in the operations are furthermore available at the Company’s headquarters
Finmeccanica advises that, pursuant to Article 70 of Consob “Issuers’ Regulation”, the documentation relating to the merger by incorporation of OTO Melara SpA and Whitehead Sistemi Subacquei SpA into... more
Finance and economyAircraft and carriers. Austrian Airlines achieved jump in earnings in the Second Quarter finance results
Milan, Italy - Close to five million passengers flew with the airline in the first six months of 2015
In spite of the crises in the East, Austrian Airlines generated clearly positive earnings of EUR 36 million in the second quarter of 2015. Due to the traditionally weak and loss-making first quarter, earnings... more
Finance and economyFinmeccanica: filing of documentation Half-Year Financial Report
Rome, Italy - It is available at its headquarters, at Borsa Italiana SpA on the Company’s website
Finmeccanica advises that the Half-Year Financial Report at 30 June 2015, complete with the Independent Auditors Report on the condensed Half-Year Financial Statements, is available at the Company’s h... more
Finance and economyAirports. Autogrill: the BoD approves the consolidated results to 30 June 2015 ("Specials" by AVIONEWS)
Milan, Italy - The Group carried forward its strategy of expansion in the airport channel
The board of directors of Autogrill approves the consolidated results to 30 June 2015. Results for 1st half 2015 - Consolidated revenues: €1,966.6m vs €1,787.3m in 1st half 2014 - Consolidated Ebi... more
Finance and economyAircraft. Airbus Group reports solid half-year (H1) 2015 results ("Specials" by AVIONEWS)
Amsterdam, Holland - A-400M aircraft deliveries resumed
Airbus Group reports solid Half-Year (H1) 2015 results. The highlights: · Revenues € 28.9 billion, EBIT before one-off € 1.88 billion: both rise 6% · Earnings per share up 34 percent to € 1.9... more
Finance and economyAircraft. Embraer releases second quarter 2015 results ("Specials" by AVIONEWS)
São José dos Campos, Brazil - The highlights
The Company's operating and financial information is presented, except where otherwise stated, on a consolidated basis in United States dollars (US$) in accordance with IFRS. The financial data presented... more
Finance and economyFinmeccanica: the BoD approves the Half-Year Financial Report at 30 June 2015 ("Specials" by AVIONEWS)
Rome, Italy - EBITA +45% and EBIT +93% compared to first half 2014
The Board of Directors of Finmeccanica, convened today under the chairmanship of Gianni De Gennaro, has examined and unanimously approved the Half-Year Financial Report at 30 June 2015. There was considerable... more
Finance and economyFinmeccanica entered with Hitachi into an Amendment of the Sale and Purchase Agreement of its 40% owned in Ansaldo STS
Rome, Italy - Six directors designated by the Group have resigned
Finmeccanica informs that it has entered yesterday with Hitachi Ltd into an Amendment of the Sale and Purchase Agreement of its 40% owned in Ansaldo STS SpA as communicated to the market on February 24th. For... more
Finance and economyUAL reports $1.3 bn 2Q2015 profit excluding special items; $1.2 bn profit including special items
Chicago, Usa - Company announces additional $3 billion share repurchase program
United Airlines (UAL) today reported second-quarter 2015 net income of $1.3 billion, or $3.31 per diluted share, excluding $67 million of special items. Including special items, UAL reported second-quarter... more
Finance and economyFinmeccanica: periodic communication on the share buyback programme
Rome, Italy - As part of the share buyback programme 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.) 200,000 of the Company’s ordinary shares (ap... more
Finance and economySaab’s results January-June 2015
Linkoping, Sweden - Continued strong order bookings
Statement by the President and CEO Håkan Buskhe: At the end of June, Saab received an order from the Swedish Defence Materiel Administration (FMV) for the construction of two next generation submarines,... more
Finance and economyFinmeccanica SpA announces final results with respect to the tender offer for certain of its notes ("Specials" by AVIONEWS)
Rome, Italy - The offers expired at 4.00 pm (London time) / 5.00 pm (CET) on Wednesday, 15 July 2015
Further to its prior announcements, Finmeccanica S.p.A. (the "Issuer" following substitution of Finmeccanica Finance SA as issuer of Notes issued under the Euro Medium Term Note Programme originally established... more
Finance and economyFinmeccanica launches share buyback programme
Rome, Italy - Currently the Company holds no. 32,450 ones, equal to approximately 0.0056% of its share capital
Pursuant to Article 144-bis, paragraph 3, of the Issuers’ Regulation, Finmeccanica advises its intention to launch the share buyback programme implementing the resolution adopted by the Shareholders’ Mee... more
Finance and economyAircraft. IATA: airlines financial monitor ("Specials" by AVIONEWS)
Montreal, Canada - Key points
IATA (International Air Transport Association) unveils the June report of the Airlines Financial Monitor. Key points: - Airline share prices have been falling because of investor profit taking, particularly... more
Finance and economyFinmeccanica SpA announces an invitation to purchase certain notes for cash ("Specials" by AVIONEWS)
Rome, Italy - The Offers are made upon the terms and subject to the conditions contained in the tender offer memorandum dated 8 July 2015
Finmeccanica SpA (the "Issuer" following substitution of Finmeccanica Finance SA as issuer of Notes issued under the Euro Medium Term Note Programme originally established by Finmeccanica Finance SA, as... more
Finance and economyFinmeccanica: renegotiated the five-year revolving credit facility
Rome, Italy - With a significant reduction of the margins and positive effects expected on the financial charges
Finmeccanica signed today the renegotiation of the current revolving credit facility. The renegotiation envisages the payment of a spread of 100bp above Euribor, 80bp less than the previous conditions.... more
Finance and economyAircraft. IATA: airline profitability strengthens further
Miami, USA - Major contrasts in regional performance
The International Air Transport Association (IATA) announced an upward revision of its 2015 industry outlook to a $29.3 billion net profit. On expected revenues of $727 billion, the industry would achieve... more
Finance and economyEtihad Airways welcomes ‘A’ rating by Fitch
Abu Dhabi, UAE - With a Stable Outlook
Etihad Airways, the national carrier of the United Arab Emirates, has welcomed the announcement that it has been assigned the rating of ‘A’ with a Stable Outlook, by Fitch Ratings. Fitch Ratings, one... more
Finance and economyAirplanes and finance. Etihad Airways: fourth consecutive year of net profit
Abu Dhabi, UAE - Up 52 per cent to US$ 73 million
Etihad Airways unveils its financial results. The highlights are: - Revenue soars to USD 7.6 billion on back of record passenger and cargo volumes. - Passenger demand and revenue growth continues... more
Finance and economyAutogrill: shareholders' meeting approved 2014 financial statement
Milan, Italy - Appointed new Board of Statutory Auditors and new legal audit firm for 2015-2023 period
Meeting today in an ordinary session under the chairmanship of Gilberto Benetton, the shareholders of Autogrill SpA examined and approved the financial statement for 2014 and voted to write all the profits... more
Finance and economyAircraft and economy. Ansaldo: the activity blocked for a year? The felays by the Chinese antitrust
Milan, Italy - Concern about the future of STS and Breda by workers and managers
After about EUR 2 billion spent by the Japanese Hitachi for the purchase of the two Ansaldo (Breda and Sts, Ed), expectations were for a fast closing of the sale, to enable the Italian Group Finmeccanica... more
Finance and economyAircraft and Finmeccanica: what will be the future divestitures Group?
Rome, Italy - Besides Selex ES, the possible "Candidates" are DRS and MBDA; the Italian industrial heritage at risk?
After the sale of the transport sector to the Japanese Hitachi, other companies controlled by Finmeccanica would risk of being sold for "Making cash and reduce the debt" (cit.) of the Italian industrial... more
Finance and economyAirbus Group shareholders approve all resolutions at 2015 AGM
Amsterdam, Holland - Including the appointment of a new independent director and conversion into a European Company
Shareholders of Airbus Group approved all 13 resolutions proposed at its 2015 Annual General Meeting, including the appointment of a new independent director and conversion into a European Company (Societas... more
Finance and economyAircraft and finance. Finmeccanica: starting June 1 Donato Amoroso to Thales Alenia Space
Rome, Italy - Postponed again the timetable for the Ansaldo transfer to the Japanese Hitachi
Postponed again the opinion of the Chinese antitrust about the sale of the two Ansaldo to the Japanese Hitachi, after the sale of the transport secotr of the Finmeccanica Group in the last February 2015.... more
Finance and economyAircraft and courts: "1000 Youth in Finmeccanica", class action against the hiring block after the '"Advent" of Moretti
Rome, Italy - "The real answer" to the youth unemployment is falling into oblivion. Where is the premier Renzi?
The project "1000 Youth in Finmeccanica" launched by the the Italian industrial Group in 2013 should have been the "Concrete response to the related problems to the youth employment in Italy". 1500 recruitments... more
Finance and economyAutogrill: the BoD approves the interim management report to 31 March 2015. The positive trend in airports
Milan, Italy - Strong growth in 1st quarter Ebitda
Results for 1st quarter 2015 by Autogrill: - Consolidated revenues: €893.5m vs €813m in 1st quarter 2014 - Consolidated Ebitda: €22.5m vs €15.1m in 1st quarter 2014 - Net result: €-40.4m vs €-37.1... more
Finance and economyFinmeccanica: Shareholders’ Meeting approves 2014 financial statements
Rome, Italy - Appointed the Board of Statutory Auditors for the period 2015-2017
The Shareholders’ Meeting of Finmeccanica SpA, which convened yesterday in Rome, has approved the Company’s financial statements for 2014 and examined the consolidated financial statements. Key eco... more