Finance and economy
3,276 news found
AirlinesITA-Lufthansa: EU vetoes worry Rome
Salvini (MIT): "No to an Europe that wages war on Italian companies"
The Italian Executive is worried by the sacrifices requested by Brussels to authorize the sale of 41% of the national carrier ITA Airways to the Germans of Lufthansa. The two airlines had recently declared... more
AirlinesUSA: United-FAA tensions between airlines
Extended security checks and stop to business expansion
Route expansion still blocked for the American carrier United Airlines, whose activities continue to remain under the magnifying glass of the US Federal Aviation Administration (FAA), which has extended... more
Finance and economyTaiwan: swears in new president Lai
In his inaugural speech he invites Beijing to dialogue
The new President of the Republic of Taiwan, William Lai, was sworn in today, Monday, May 20, 2024, as the new Head of State. In his inaugural speech, after taking the oath of office, he urged Beijing... more
AccidentsIran incident: President Raisi dead
He was on board a crashed helicopter
The President of Iran Ebrahim Raisi died in a helicopter accident in recent hours. The accident was apparently caused by poor weather conditions. According to a first reconstruction of the accident, the... more
AirlinesUsa: carriers against tariff rules
Government wants to protect consumers and asks for more transparency on extra costs
Some US airlines are taking legal action against the US Department of Transportation. The reason? The new regulation which imposes on airlines the obligation to communicate additional air fares to government... more
AirlinesIndiGo considers order of 100 planes
These are turboprop aircraft intended for operations on regional routes
The Indian low-cost carrier IndiGo Airlines is said to be in negotiations for the purchase of around 100 aircraft for operations on regional routes. According to rumors, the company is evaluating offers... more
DefenseTurkish Air Force shows its muscles
The "Anatolia Phoenix" international military exercise begins
Dozens of combat aircraft and around 715 military personnel were deployed by the armed forces of Turkey on the occasion of the international military exercise "Anatolia Phoenix" (16-18 May 2024), which... more
AirlinesMorocco airports: tenders for expansion underway
Government wants to double their reception capacity
Morocco is preparing to start international tenders to double the capacity of the country's airports. They will be published in the coming weeks, ahead of schedule. The aim is, first of all, to arrive... more
AirportsLisbon: the new airport in 2034
It was announced today by Prime Minister Luís Montenegro
Portugal will have a new international airport. It will be built in the municipality of Alcochete, where an old military air base is located, about forty kilometers east of the capital Lisbon and should... more
AirlinesITA-Lufthansa towards the stop in Brussels
Indiscretions that Rome welcomes partly with optimism, partly with concern
Brussels could say no to the further sacrifices proposed by the Italian flag carrier ITA Airways and the German Lufthansa to have their marriage recognised. The reason is known: the European Commissioner... more
DefenseUkrainian war: Russia conquers vast territories
Tajani (Italian Foreign minister): "American and European aid is arriving"
The Russian armed forces conquered the largest extent of Ukrainian territory since the end of 2022. Over the past seven days, Kremlin soldiers have penetrated beyond Kiev's defense lines to take control... more
Civil aviationAirbus "Racer" helicopter on display
The goal of the project is to combine stability and speed
The futuristic "Racer" rotorcraft from Airbus Helicopters is on display in France. It is a prototype that combines the capabilities of an airplane with those of a rotary-wing aircraft. An experimental... more
AirlinesMC-21 aircraft tail resistance warhead
Tests performed on new components produced by the Russian national industry
Russian technicians have successfully tested the vertical tail plane of the Yakovlev MC-21 aircraft. This is the centerboard and rudder produced by the national industry, made of composite materials. The... more
Finance and economyUkrainian war. Putin: "We want peace"
Tajani (Italian Foreign minister): "It's the same old thing, but we welcome any openness to negotiations"
Russia has made it known that it is open to peace negotiations to put an end to the war in Ukraine, denouncing the obstacles by Kiev and the North Atlantic Treaty Organization (Nato). For its part, the... more
Civil aviationItaly. Sardinia: here is the fire prevention plan
Seven helicopters and two planes and other national service aircraft
Seven helicopters, three Canadair planes, other aircraft in reinforcement from Rome and 6,950 fire extinguishers. These are the numbers of the Italian firefighting machine made available by the Sardinia... more
AirlinesITA-Lufthansa: no waivers on North American routes
This is what emerges from recent statements by the managers of the two airlines
No waivers on long-haul routes between Europe and North America. It is what transpires from two recent statements by the managers of the German aviation group Lufthansa and the national carrier ITA Airways.... more
AirportsItaly. Calabrian airports: workers protest
Folded arms on May 28th and demonstration under the Prefecture
A two-hour strike has been proclaimed in Calabrian airports, Italy, from 10:00 to 12:00 on May 28th. The workers of the Calabrian airport system management company (Sacal) employed at the "Sant'Eufemia"... more
Civil aviationGulfstream begins deliveries of G-700 aircraft
First two planes sold after recent FAA certification
The US manufacturer Gulfstream Aerospace (General Dynamics Group), specialized in the development of aircraft for the business sector, has begun deliveries of its first G-700 aircraft to American customers.... more
AirlinesPakistan Airlines privatization arouses Interest
Ten companies ready to purchase majority stake
The privatization of the national carrier Pakistan International Airlines (PIA) would have attracted the interest of 10 companies ready to purchase a majority share of the airline. The subjects presented... more
AccidentsUnusual emergency landing in Australia
All the people on the aircraft were safe, with only minor injuries reported
Unusual emergency landing with a happy ending in Australia. A Beechcraft B-200 "Super King Air" aircraft (registration VH-XDV) with three people on board landed on the runway at Newcastle airport in Australia,... more
AirlinesITA-Lufthansa: Italian government meets EU leaders
Face to face between Minister Giorgetti (Mef) vice president Vestager
Face to face in Brussels to resolve the issues surrounding the privatization of the national carrier ITA Airways. The meeting is scheduled for tomorrow, Tuesday 14 May 2024. The Minister of Economy and... more
AirlinesItaly. Cuneo Airport: works financed
Eight million euros on the table for structural interventions
Work at the "Langhe e Alpi del Mare" Italian airport in Cuneo-Levaldigi has been financed. The Government has put eight million euros on the table for structural interventions in the airport. It was announced... more
DefenseUkrainian war: Putin's nuclear threat
Response to the hypothesis of sending troops to Ukraine raised by France
Russian President Vladimir Putin has warned the West, threatening the use of nuclear weapons. On the occasion of the military parade for the Victory Day celebrations, in the last few hours the head of... more
DefenseTowards Fincantieri-Leonardo pact on submarines
Sale of the Wass company into which hundreds of millions of euros will be injected
The acquisition of the Whitehead Alenia Sistemi Subacquei (Wass) company, the submarine division of the Italian Leonardo Group which will be acquired by the Italian maritime group Fincantieri, will be... more
AirlinesStrikes in three Italian airports on Sunday 12 May
International flights at risk; folded arms for four hours by various categories of workers
A four-hour strike was called on Sunday 12 May 2024 in three Italian airports. Arms folded from 1pm to 5pm for various categories of workers at the Milanese airports of Malpensa and Linate, and Verona.... more
AirlinesITA-Lufthansa: decision postponed to July
Proposed transfers of airport slots in Rome and Milan, competition on flights to North America
The deadline for the decision of the European Competition Commission on the privatization of the national carrier ITA Airways has been postponed to 4 July 2024. A ITA share of 41% will be acquired by the... more
AirlinesComac increases production of C-919 aircraft
Construction of a new factory in Shanghai announced
Chinese state-owned manufacturer Commercial Aircraft Corporation of China (Comac) will build a new plant for the production of C-919 aircraft. It is a move that aims to accelerate production capacity to... more
AirlinesLufthansa appoints new Chief Financial Officer
Till Streichert will take up his role from mid-September 2024
The Lufthansa Group has appointed Till Streichert as the airline's new Chief Financia Officer. The manager will take up his role starting from 15 September 2024 and will have a mandate lasting three years.... more
AirlinesStarliner space mission postponed
Countdown interrupted due to Atlas V rocket failure
The "Crew Flight Test" mission of the Starliner spacecraft has been postponed. It was supposed to be the first with a crew on board, a milestone for the US aerospace manufacturer Boeing, builder of the... more
DefenseWar Israel: operation begins in Rafah
Tel Aviv armed forces aim to control vital crossing on the border with Egypt
The Israeli armed forces started the military operation to conquer the Rafah crossing tonight. It is a strategic corridor on the border between Egypt and the Gaza Strip. According to numerous experts on... more
AirportsLibya will have four new airports
Announcement of Minister of Economy and Commerce Government of National Unity
The government of Libya announces the construction of four new airports in the near future. These are infrastructures that will be designed to strengthen the network of international flights. A move with... more
AirlinesITA-Lufthansa: what are the obstacles
German group has sent list of remedies to marry ITA to Brussels
It's a decisive day for the fate of the national carrier ITA Airways. Today the German aviation group Lufthansa, about to acquire 41% of the Italian airline, will send to Brussels the list of remedies... more
Civil aviationUkrainian war, Italy: "Negotiate with Putin"
Crosetto (Defense): "We can only resolve this crisis by involving all the countries"
To end the war in Ukraine, the West should make more to negotiate a diplomatic solution with Russian President Vladimir Putin. An idea supported by the Italian Government, which has underlined how the... more
AirportsItaly. Taranto-Grottaglie Airport carries Italy in the world
The first national center for dismantling and recycling aircraft and materials will be created
The first Italian center for dismantling old aircraft and recycling components and materials will soon be built. It will be in Apulia, at the "Marcello Arlotta" airport of Taranto-Grottaglie, preparing... more
Civil aviationTürkiye-Israel: trade relations suspended
Ankara's decision due to humanitarian disaster in Gaza; open airspace
The government of Turkey has announced that it will stop all trade with Israel, but the airspaces of the two countries remain open. Meanwhile, Ankara reports that Tel Aviv blocked a Turkish Air Force flight... more
AirlinesBrussels against IAG-Air Europa marriage
Remedies are not enough; new objections from the European Commission
The European Commission has raised new objections to the proposed acquisition of the Spanish carrier Air Europa by the International Airlines Group (IAG). The sacrifices proposed by the two companies were... more
DefenseNew Zealand considers alliance Aukus
A turning point after decades of sovereignism and close relations with China
The New Zealand government has ruled out the country joining a defense pact between Australia, the United Kingdom and the USA in the short term. This concerns the possible participation in the Aukus alliance,... more
Civil aviationUSA: Colorado purchases firefighting helicopters
About 6.9 million dollars invested to create national fleet
The US State of Colorado has started the first purchase procedure for firefighting aircraft. In detail, the local government is acquiring two Bell 205 helicopters. This is a move that aims to provide the... more
DefenseIsrael war: what the peace proposal provides
Hamas must express its opinion on the ceasefire and hostage release plan
An initial three-week truce with the immediate release of at least 20 hostages. This is what is foreseen, according to press rumors, in the proposal for a ceasefire in Gaza put in writing during the peace... more
AirlinesBrussels fight against "greenwashing"
Legal action against 20 airlines to verify compensation for CO2 emissions
The European Union authorities have started action against 20 air carriers. The accusation is that of having implemented deceptive commercial practices linked to "greenwashing", that is advertising statements... more
AirlinesAirport strike at London-Heathrow
Border force staff mobilized for four days
The strike of border force officers working at London Heathrow airport in the UK will continue until Thursday 2 May. Arms folder for more than 300 employees working in terminals T2, T3, T4 and T5. The... more
AirlinesIndia orders Go First plane cancellation
Judges' decision due to company insolvency
The cancellation of the registration of the aircraft in the fleet of the Indian low-cost airline Go First is underway. This is what was decided by the High Court of New Delhi in recent days. Due to the... more
Civil aviationITA-Lufthansa (2): do the Euro-elections hinder marriage?
The vote in June will impose a new political vision on the dossier
The elections for the European Parliament, scheduled for 6 to 9 June 2024, could hinder the marriage of the two national airlines, the Italian ITA Airways and the German Lufthansa. Due to the electoral... more
AirlinesScandinavian airline SAS joins SkyTeam
Accession agreement signed as part of rescue procedure
The formal agreement to join the SkyTeam alliance has been signed by the national carrier Scandinavian Airlines (Sas). The announcement was made in the last few hours by the air carrier's management. It... more
Civil aviationFirst flight of the Airbus "Racer" helicopter
Tested the maneuverability of the prototype aircraft
First flight of the "Racer" helicopter prototype developed by the European manufacturer Airbus Helicopters. The Group announced it. The technology demonstrator, called Rapid And Cost-Efficient Rotorcraft,... more
AirlinesAir China orders 100 C-919 aircraft
Twofold objective: to replace older vehicles and grow the fleet
The Chinese national carrier Air China has placed an order for the purchase of 100 C-919 aircraft produced by the national manufacturer Commercial Aircraft Corporation of China (Comac). It is a single... more
AirlinesSpring long weekend: "air prices skyrocketing"
Assoutenti's complaint and Assoviaggi-Confesercenti's findings
Average ticket prices for Italian flights increased by +19.1%, for European ones was +16.5% and for international flights by +7.3%. The spring holidays arrive and with them, as per tradition, the cost... more
AirportsItaly. Agrigento Airport (2): story of a dream
The idea has its roots in a 2005 initiative by the Sicily Region
The creation of the "Mediterranean" airport of Agrigento, in Italy, is an old dream kept in the drawer. It has been back in vogue for years, but especially in recent months, even more so now that the Italian... more
AirlinesAirport strike in France
For air traffic controllers on April 25, disruption expected
A 24-hour air transport strike involving traffic controllers at some of the main airports in France has been called for tomorrow, Thursday 25 April 2024. The mobilization was called by the Syndicat National... more
Civil aviationUSA: pressure on the government against Boeing
Family members of victims of 2018 and 2019 plane crashes demand criminal action
US aircraft manufacturer Boeing is to be prosecuted over recent safety and quality issues with its products. This is what the families of the victims of the fatal plane crashes that occurred in 2018 and... more