Finance and economy
3,319 news found
Finance and economyPOSSIBLE AGREEMENT BETWEEN NORTHWEST AND ITS MECHANICS
USA, After many years the dispute between Northwest Airline and the 10000 mechanics asking for a new contract seems to have arrived to an end. President Bush appointed a Presidential Emergency Board... more
Finance and economyREQUEST FOR RESTRUCTURING
NEW YORK, Iata General Manager Pierre Jeanniot opened last week the International Air Transport Association (IATA) finance section of 2001 inviting the airlines to a swift firm restructuring. The... more
Finance and economyALENIA MARCONI JOINS ''TEAM JANUS'' FOR ANTI-MISSILE DEFENCE
ROME, ITALY, Alenia Marconi Systems joined yesterday the "Team Janus" reserved to participate to Nato's competition for the realization of the pre-feasible study of the future anti-missile integrated defence... more
Finance and economyEU: E17,5 BILLION TO RESEARCH AND DEVELOPMENT
BRUSSELS, In order to reach USA and Japan results, the European Union allocated a bottom of E17.5 billion assigning to the research and the development: part of the financings will go to the aeronautics... more
Finance and economy8% RAISE OF LOCKHEED SHARES
NEW YORK, USA, Lockheed Martin shares registered a value increase of about 8% in Wall Street stock exchange, after some extensive costs-reducing measures, involving less interests, fiscal and pension expenses,... more
Finance and economyDECEMBER TRAFFIC SEEN WEAK AT U.S. AIRLINES AMID ECONOMIC SLOWDOWN
U.S.A., U.S. airline traffic declined sharply during the first three weeks of December in a possible sign the slowdown is finally taking a toll on an industry that traditionally lags the economy. Domestic... more
Finance and economyDEVELOPING COUNTRIES: DEBTS FOR WEAPONS, EXECUTIVE AIRCRAFTS, OFFICIAL SHIPS TO BE ERASED
ROME, The italian minister of Finance Vincenzo Visco said the debts of developing countries including arms, military systems and official goods, as executive aircrafts, expensive cars, telecommunication... more
Finance and economyONE THIRD OF ONLINE-SALES BELONGS TO TRAVEL CATEGORY
USA, According to a report of eMarketer Inc online travel revenues this year will reach one third of total online annual sales. The amount is expected to go up to USD$12.4 million. more
Finance and economyALITALIA SHARES RISE 3,4% BY GOSSIP OF RATE EXCHANGE WITH SWISSAIR
ROME, Alitalia shares this morning registered a 3,4% rise at italian stock exchange as consequence of the gossip reporting a possible agreement between the italian airline and Swissair. Alitalia officials... more
Finance and economyGEMINA, ADR RISES WORKING CAPITAL
ROME, Gemina announced a Euro 208 to 260 rise of working capital, which will feed new projects of the group owning Adr. more
Finance and economyDEUTSCHE POST AIMING AT INCREASING DHL SHARES: NEGOTIATIONS WITH JAPAN AIRLINES
BERLIN, Deutsche Post is aiming at increasing its Dhl block of shares. Dhl is the first worldwide forwarding agency. Deutsche Post, togehter with Lufthansa, already owns 25% of the agency. Its strategy... more
Finance and economyALITALIA OUT OF TOP RANKING
MILAN, The Mib 30 index of Piazza Affari has been renewed as always and the national airline went out of the group of the best 30 shares, it was replaced by the publishing group "l'Espresso". The new index... more
Finance and economyAPPROVED FINANCIAL SUPPORT FOR GALILEO
ROME, Enav President, the national company of flight assistance, Luciano Mancini, commented positively that Senate approved the law for finanacial support of italian participation to "Galileo" project;... more
Finance and economyIBERIA: DROP OF PROFITS IN 1999
MADRID, Iberia, the spanish airline, reached in 1999 a gross gain of 30 millions pesetas, nearly 180 millions USD. It is a real landslide, a decrease of 52,5% compared to the previous year, 1998. British... more
Finance and economyGERMANY AND FRANCE SIGN AGREEMENT FOR SATS AND AIRBUS A 400M
MAINZ, German Chancellor Schroader and french President Chirac concluded an agreement of common development of reconnaissance sats system. Schroeder confirmed german intention of buying Airbus A 400M as... more
Finance and economySOON DECISION ABOUT ADR
ROMA, It is oncoming the choice of Iri about the three pretenders to purchase the 51 per cent of Adr, Rome Airports Company. It seems dutch Schipol made recently an offer higher than the others. The holding... more
Finance and economyFAIRCHILD AND EMBRAIR REAP ORDERS FOR 8M USD
BERLIN, Fairchild and Embraer, regional jet manufacturers, collected orders for 300 aircrafts worth 8 billion USD. Fairchild Dornier reaped the largest order in its history, all for 728JET regional jets,worth... more
Finance and economyEADS IS GOING TO ISSUE SHARES
BELINO, A chunk of EADS, the syndicate gathering together Aerospatiale Matra, DaimlerCrysler Aerospace and Casa, the 34 %, will be offered to shareholders in a takeover bid taking place in the next weeks.... more
Finance and economyFAIRCHILD TAKES A THIRD OF REGIONAL FLIGHTS MARKET
BERLIN, The delicate sector of regional air transport (aircrafts with usually less than 100 seats), is expanding thanks to the raising demand of aircrafts for that type of short-range transport. in this... more