Finance and economy
1,919 news found
Finance and economyAir France-KLM's stocks on the rise today
Paris, France - After a Spinetta's statement
"We could act very soon [...] as soon as there will be offer economically good" has said Jean Cyril Spinetta, Air France's boss, to a German tabloid about the French carrier and KLM's purpose to take an... more
Finance and economyAutogrill rises to 62,4% of Alpha Airports capital
Milan, Italy - Terms and conditions will be reported briefly within Monday, July 2
"Autogrill SpA (AGL IM) bought out from Servair SA ( Air France AF FP Group) the remaining 16.005.994 stocks in its possession of Alpha Airports Group Plc (AAP LN) and 18.824.908 more stocks at the unit... more
Finance and economyFinmeccanica rises in Milan: +3%
Milan, Italy - Awating for US contract
Finmeccanica rises of +3% at Piazza Affari, waiting for contract supplies' announcement of US Army's military transport aircraft, that should come on the first week of June. Title's price is of 22,31... more
Finance and economyAir Canada reports first quarter net loss
Toronto, Canada - Losses equal to USD 34 million in 2007
Canadians taking to the skies helped propel Air Canada to an improved performance in the first quarter of 2007, trimming its net loss to USD 34 million from USD 126 million in the year-ago period. The... more
Finance and economyIberia puts pressure on Texas Pacific to receive the details about the bid
Madrid, Spain - A worth of EUR 3,4 billion
The Board of Directors of Iberia is putting pressure on the American investment fund Texas Pacific Group (currently engaged also for the Alitalia's privatization) to know if it will be flanked by a partner... more
Finance and economyFinmeccanica: price set for Datamat "squeeze-out"
Rome, Italy - Equal to EUR 10,040 per share
Finmeccanica would like to announce that the purchase price of the shares included in the “squeezeout” of the remaining Datamat shares outstanding has been set at EUR 10,040 per share. As required by... more
Finance and economyBoeing to release first-quarter 2007 financial results on April 25th
Chicago, USA - Jim McNerney and James Bell will discuss the results
The Boeing Company will release its first-quarter 2007 financial results at 7:30 a.m. Eastern Time on Wednesday, April 25. Boeing Capital Corp. results will be released at the same time. Chairman,... more
Finance and economyAlitalia (2): return on the rise in the Stock Exchange
Milan, Italy - With an increase of 8%
Alitalia is readmitted in the Stock Exchange with an increase of 8% after the Italian Treasure Ministry confirmed the presence of Mediobanca and of the Russian carrier Aeroflot among the bidders for Alitalia's... more
Finance and economyThe European Union signs an agreement on civil aviation with Malaysia
Brussels, Belgium - The European airlines can fly to Malaysia from any EU airport
Last March 23th, the European Union signed an agreement with Malaysia in order to remove nationality restrictions in the bilateral air services agreements and thereby to allow European airlines to operate... more
Finance and economyICCSAI presents today the report 2007 on the competitiveness of air transport in Europe
Rome, Italy - Italian Transport Minister Alessandro Bianchi will chair a debate
The annual report 2007 on the competitiveness of air transport in Europe will be illustrated today at 3:00 pm with the coordination of the chief department for the air and naval navigation and transport... more
Finance and economySave-Do&Co agreement
Venice, Italy - Sale and repurchase: Save registers a capital gain of € 4 bln
Save group, one of the major provider of traveller services, has announced the sale to Do&Co of the Airline catering, Business catering and Event catering activities managed by Airest, company acquired... more
Finance and economyAlitalia (5): shares rise after the eleven bidders
Milan, Italy - Alitalia climbed 2%
Shares of Alitalia climbed 2% after the eleven bidders presented yesterday to Treasure Ministry for the sell of its shares. Among the bidders Carlo De Benedetti, different funds and also Unicredit Group... more
Finance and economyAlitalia (3): the share continues to suffer in Piazza Affari
Milan, Italy - Today Alitalia falls 0,87%
Alitalia fell 1,98% pct to EUR 1,039 after reports Air France-KLM is not interested in bidding for the troubled airline, and the confrontation between Italian Treasure Minister and the French carrier about... more
Finance and economyJpMorgan consider in mark-up the target price of Finmeccanica
Milan, Italy - The investment fund ups the target price to EUR 24
According to JpMorgan, the fundamental stages of Finmeccanica in the first semester are five: three potential orders -for Canadian Fixed- Wing Search & Rescue, with 80% of possibility to win; US Joint... more
Finance and economyRyanair is contrary to the passengers taxes' increase in UK
London, United Kingdom - It is predicted the redoubling
Ryanair CEO, Michael O'Leary, requested to Chancellor, Gordon Brown, to renounce about the taxes increase predicted in UK, which are charged to any Air Passenger Duty (APD). Moreover, O'Leary asked for... more
Finance and economyDelta comes out from the bankruptcy
Atlanta, USA - And it has refused an opa of USD 8,4 billion by the US Airways
The Delta Airlines is due to come out from the controlled bankruptcy, trough the presentation of a reorganization plan to its creditors. The US carrier had already refused the takeover bid of USD 8,4 billion... more
Finance and economyFinmeccanica gives the 30% of Avio to Carlyle Group
Rome, Italy - The value for the deal is EUR 432m
Finmeccanica has announced it has given about the 30% of its participation to Avio to Carlyle, an investment society, for a total value fo EUR 432m. In this operation Finmeccanica has kept the option to... more
Finance and economyAir Madrid in Exchange from 2007
Madrid, Spain - To achieve resources destined to the medium and long run projects
Increase the number of the shareholders to achieve resources destined to the medium and long run projects. These are the goals of the Spanish carrier, that in a press release has remarked the intention... more
Finance and economyBanca Intesa: an air transport securitization operation of USD 650m
Milan, Italy - A press release of the Milan's Credit Institute communicates that
"Banca Intesa ended a securitization operation that aims at covering the risk of its entry into the aeronautic sector. The operation is called 'Da Vinci Synthetic' and is worth about USD 650m, it is the... more
Finance and economyMacquarie Bank offers Australian AD 10m to Qantas
Sydney, Australia - Unofficial voices are coming out last days
Even if it is an "Incomplete and confidential" offer, as clarified by Qantas, is quite sure Macquarie Bank and Texas Pacific will offer AD 10m to purchase Qantas. Nothing is sure but in the mean time these... more
Finance and economyThe AerCap Holdings' IPO
New York, USA - USD 600.3m were raised
AerCap Holdings, Dutch aircraft, engines and components manufacturer, announced it raised USD 600.3m through an IPO (Initial Public Offering) in New York. The offering of 26.1 million shares, equal... more
Finance and economyIs Gemina joining AdR?
Rome, Italy - The property group could purchase shares of Aeroporti di Roma and allow its entrance in the stock market
The Gemina group could soon join AdR (Aeroporti di Roma, the company which manages the Roman airports), and so favour its quotation. It has been reported by financial sources, which also stated the project,... more
Finance and economyAdR Handling has been given to Flightcare
Rome, Italy - The acquisition has been complited today
The transfer of AdR Handling, AdR Group's subsidiary, to Flightcare SL, Spanish company owned by FCC Group (Fomento de Construcciones y Contratas), has been completed today in the presence of Maurizio... more
Finance and economyIberia, an increase of profit and foreign partnerships
Madrid, Spain - The carrier plans an increase of profit of EUR 600m between 2006 and 2008
The financial director of Iberia, Enrique Dupuy, has stated the carrier plans to surpass by the end of the year the profit registered in 2005. To reach this aim the Spanish airline has studied several... more
Finance and economyLufthansa: good results for the quarter
Berlin, Germany - The German carrier has realized a net profit of EUR 414m in the first 9 months of the year
Good results for Lufthansa in the latest quarter. The airline has closed yesterday with an increase of 0,73% in the German market. The German carrier has registered in the last 9 months a net profit of... more
Finance and economyGemina cedes its Impregilo share to IGLI
Rome, Italy - In order to focus on AdR
Gemina ceded its entire share in Impregilo, which is equal to 11.83% of the capital stock, to IGLI, in addition to 5000 preference shares, at EUR 155m. After this operation, Gemina will get a capital gain... more
Finance and economyStock Exchange: a good result for European airlines
Brussels, Belgium - In the wake of a crude cooling
Oil dropped again below 59 dollars per barrel, continuing last week's movement. In the wake of a decrease of crude and fuel prices, today has been a very good day for airlines sector on the Stock Exchange.... more
Finance and economyJP Morgan and Bank of America want Viaggi del Ventaglio
Rome, Italy - The President of the tour operator said that
The deadline for Italian negotiations between Viaggi del Ventaglio tourist group and Eurofly airline for the management of Livingston carrier, which is still owned by Ventaglio itself, is expected on August... more
Finance and economyNew York Stock Exchange decreasing
New York, USA - Lucent and Alcatel's shares are negative
The Day started negatively at New York Stock Exchange (NYSE), the most important financial market of the world. Respect yesterday’s closure in fact the index of NYSE are negative. Dow Jones lost the 0... more
Finance and economyWall Street: positive onset for Boeing
New York, USA - In 2006 is predicted an increase of the 36%
Launching of positive week for Wall Street that expected the quarterly communications today. Among the Companies rises Boeing of the 0,30%, to 80,23$ at share. In quarter April-June it has signed 97 sale... more