Finance and economy
2,100 news found
Finance and economyAircraft and finance. Alitalia-Etihad agreement: public authorities against Milan-Malpensa's downsizing
Milan, Italy - The Governor of Region Lombardy: "Those who think to reduce the flights will face our hostility"
The conclusion of the agreement between Alitalia and Etihad Airways for the entry of the Abu Dhabi-based company in the ownership structure of the main Italian carrier seems to be really close, considering... more
Finance and economyAircraft and finance. Alitalia: on Friday the board will give its response to Etihad
Rome, Italy - Opening towards the agreement also from Air France-KLM
The long wait is over: on June 1st Etihad and Alitalia issued a joint statement to communicate the mutual intention to go on with the "Marriage" between the two carriers. According to "Il Sole 24 Ore"... more
Finance and economyAircraft and finance. Alitalia-Etihad agreement is "A matter of hours" according to Renzi, but Lupi is more cautious
Rome, Italy - "There's no reason to be unduly optimistic or pessimistic", the Transport Minister explains
The official closure of the agreement which will see Etihad Airways entering Alitalia's ownership structure is "A matter of days", according to Italian prime Minister Matteo Renzi. Transport Minister... more
Finance and economyAircraft and finance. Etihad says "Yes" to the marriage, the new al-Italia takes off
Rome, Italy - The board of directors of the Abu Dhabi-based company gave its approval
According to rumours reported today, Thursday 29 May 2014, by "Il Messaggero", Etihad Airways' board of directors, after its meeting on Monday, reportedly gave its final approval to the "Marriage" between... more
Finance and economyAircraft and finance. Alitalia-Etihad agreement: Atlantia denies contacts from UAE for investments in AdR
Rome, Italy - No talks are ongoing between Abu Dhabi Investment Authority and the operator of Fiumicino and Ciampino airports
Everything is silent: the letter with which Etihad Airways is expected to give its final approval to the entry in Alitalia's ownership structure has not arrived in Rome yet. During the past week both the... more
Finance and economyAutogrill: shareholders' meeting approved 2013 financial statements
Milan, Italy - Nee Board of Directors appointed
Meeting today in an ordinary session under the chairmanship of Gilberto Benetton, the shareholders’ of Autogrill SpA examined and approved the financial statements for 2013 and voted to write profits f... more
Finance and economyAircraft and transport. After MH370, Malaysia Airlines is trying to take off again, but the bankruptcy risk is concrete
Kuala Lumpur, Malaysia - Bookings from China decreased by more than 50% after the Boeing 777's disappearance
Malaysia Airlines, even before the disappearance of flight MH370, was a company which was experiencing serious financial troubles. The accident which involved the Boeing 777/200ER aircraft, which vanished... more
Finance and economyAirbus Group shareholders approve all resolutions at "AGM", including name change
Amsterdam, Holland - The name change will take legal effect on 2 June 2014
Shareholders of Airbus Group approved all ten resolutions proposed at yesterday's "Annual General Meeting" (AGM), including the amendment of the company's Articles of Association to adopt its new legal... more
Finance and economyAircraft and finance. Alitalia: still no news from Etihad
Rome, Italy - Intesa Sanpaolo: "Air France? If they want to exit, they can"
Still no news yet from Etihad Airways: the letter with which the Abu Dhabi-based carrier is expected to give its final approval to the entry in Alitalia's ownership structure has not arrived in Rome yet,... more
Finance and economyAircraft and finance. Alitalia-Etihad agreement, the trade unions: "We're helpful but firm"
Rome, Italy - The Italian Transport Minister claims he has "Good hopes" about the Abu Dhabi-based company's letter
"We have good hopes". That is how Maurizio Lupi, the Italian Transport and Infrastructure Minister, described the government's mood in relation to the arrival of the letter with which Etihd Airways is... more
Finance and economyAircraft and finance. F2i ready to sell 49% of its airport division
Rome, Italy - More than 50 sovereign wealth funds, pension and infrastructure funds worldwide were already contacted
Vito Gamberale's F2i, the main Italian infrastructure fund, according to a report from "Reuters", is planning to put for sale a 49% stake in F2i Aeroporti, the division which owns shares in many of the... more
Finance and economyAircraft and finance. Wizz Air gets ready for listing with a 200-million-Euro IPO
Budapest, Hungary - The operation is expected to be concluded by the end of the next month
Wizz Air decided to enter the financial market, with an Initial Public Offering (IPO) with which the Hungarian low-cost carrier expects to raise about 200 million Euros. The listing operation at London... more
Finance and economyEnav Privatization, the Italian government to choose advisors
Rome, Italy - Consultants will have to examine bids and to identify the best path for the transfer: listing or direct negotiation
The Italian ministry of Treasury has started yesterday, May 21, the research of legal and financial consultants in range of the privatization of 49% of Enav (Società nazionale per l'assistenza al volo,... more
Finance and economyAircraft and finance. Etihad increases its stake in Virgin Australia
Abu Dhabi, United Arab Emirates - The Abu Dhabi-based carrier now owns 21.24% of the shares
Etihad Airways has receieved the approval of Australia's Foreign Investment Review Board to increase its stake in Virgin Australia. The shares owned by the Abu Dhabi-based carrier therefore passed from... more
Finance and economyItalian CONSOB fines SEA, the company which manages Milan airports of Linate and Malpensa
Milan, Italy - The penalty due to the declarations about profits policy during IPO's presentation "Incoherent with the informative prospectus"
SEA, the company which manages Milan airports of Linate and Malpensa, was 5000 Euros fined by CONSOB (the Italian National Commission for the Companies and the Stock Exchange) for the information spread... more
Finance and economyAircraft and finance. Air France: "Etihad's conditions for Alitalia are harsher than ours"
Rome, Italy - The CEO of the French-Dutch group strikes back
Air France-KLM has been watching for many months the talks between Alitalia and Etihad for the entry of the Abu Dhabi-based company in the ownership structure of the main Italian carrier. But now the... more
Finance and economyAircraft and finance. Alitalia: no answers from Etihad yet, but there is optimism
Rome, Italy - Unipol is ready to sell its stake in the Italian company if needed
No news coming from Etihad yet: the letter with which the Abu Dhabi-based carrier is expected to give its final approval to the entry in the ownership structure of Alitalia has not yet arrived in Rome,... more
Finance and economyAircraft and finance. Alitalia-Etihad: the "Verdict" to arrive in the upcoming days?
Rome, Italy - Italian State Secretary to the Prime Minister: "The alternative to the agreement is losing more than 10,000 jobs"
The very long talks between Alitalia and Etihad for the entry of the Abu Dhabi-based company in the ownership structure of the main Italian carrier might come to a conclusion really soon: according to... more
Finance and economyEnav SpA and Poste privatization, the Italian Government approves
Rome, Italy - Shares for sale should worth about 5 million Euros
The Italian Government approved the privatization of Poste and Enav SpA (Società nazionale per l'assistenza al volo, the Italian air services provider), both ministry of Treasury owned-companies. Shares... more
Finance and economyAircraft and finance. Alitalia-Etihad discussions are close to the finish line
Rome, Italy - The letter with the response of the Italian carrier is travelling to Abu Dhabi
The talks between Alitalia and Etihad for the entry of the Abu Dhabi-based company in the ownership structure of the main Italian carrier seems to be close to the finish line. According to rumours reported... more
Finance and economyFinmeccanica: the shareholders' meeting approves 2013 financial statements
Rome, Italy - New Board of Directors appointed for the three-year term (2014–2016)
The Shareholders’ Meeting of Finmeccanica SpA, which convened yesterday in Rome, has approved the Company’s financial statements for 2013 and examined the consolidated financial statements. Key eco... more
Finance and economyAircraft and finance. Alitalia-Etihad, Italian Transport Minister: "It's time to decide"
Rome, Italy - The decree to liberalize Milan-Linate Airport is ready
The talks between Alitalia and Etihad for the entry of the Abu Dhabi-based company in the ownership structure of the main Italian carrier has been going on for months, and the conclusion of the negotiation... more
Finance and economyAircraft and finance. Emirates might acquire Lufthansa's catering division
Dubai, United Arab Emirates - But at moment the German carrier does not seem available to sell
The Emirates group might be interested in purchasing LSG Sky Chefs, Lufthansa's catering division, which in 2013 achieved an overall revenue of 2.51 billion Euros, with an operating profit of 105 million... more
Finance and economyAutogrill: the 1st quarter showed sustained growth in sales in airports
Milan, Italy - The BoD approves the interim management report to 31 March 2014
Meeting today, the Board of Directors of Autogrill SpA examined and approved the consolidated results at 31 March 2014. Results 1st quarter 2014: · Consolidated revenues: €813m, down 1% on €841.9m in 1... more
Finance and economyeasyJet: 2014 half year results
Milan, Italy - Its strategy continues to deliver sustainable growth and returns
easyJet has delivered an improved first half financial performance driven by a strong focus on capacity allocation, a range of revenue initiatives and a stronger than expected cost performance. Strategic... more
Finance and economyAirbus Group reports 1Q14 results
Amsterdam, Holland - Airbus received 103 aircraft orders and for Airbus Helicopters rose 50%
Airbus Group reports First Quarter 2014 results. The highlights are: · Revenues increase five percent to € 12.6 billion · EBIT before one-off € 700 million · Net income rises 93 percent to € 4... more
Finance and economyAircraft and finance. Alitalia-Etihad: the banks give their go-ahead
Rome, Italy - The government's support: "The negotiation must go on and lead to a positive outcome"
An important step ahead in the talks between Alitalia and Etihad for the entry of the Abu Dhabi-based company in the ownership structure of the main Italian carrier was made during the past hours. According... more
Finance and economyAircraft and finance. Alitalia-Etihad: waiting for news, some shareholders are still looking at Air France
Rome, Italy - "A positive outcome requires everyone's collaboration", the Economy Minister claims
No significant news emerged about the talks between Alitalia and Etihad for the entry of the Abu Dhabi-based company in the ownership structure of the main Italian carrier. The Middle Eastern airline... more
Finance and economyItalian Enav and Poste privatization: Italian government to give the go-ahead
Rome, Italy - Both companies listing is expected within 2014
The Italian government is expected to give the go-ahead for the ministry of Treasury public companies Poste and Enav SpA (Società nazionale per l'assistenza al volo, the Italian air service provider)... more
Finance and economyAircraft and finance. IAG halves its losses thanks to Iberia's recover
London, United Kingdom - Revenue growing by 6.7%
International Airlines Group (IAG), the holding which includes British Airways, Iberia and Vueling, managed to almost halve its operating losses in the first quarter of 2014, passing from 278 to 150 million... more