All Europe news – Page 307
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NewsFinnair looks to summer recovery as loss run continues into 2021
Finnair expects first quarter losses to be comparable to the levels lost in the three quarters since the pandemic hit after today disclosing a full-year operating loss of €595 million ($718 million).
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NewsAir France-KLM braced for tough first quarter after €7bn loss in 2020
Air France-KLM is warning of an even more challenging first quarter of 2021 before it hopes to lift capacity in the summer after today posting a group net loss of €7.1 billion ($8.6 billion) for the pandemic-hit 2020
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NewsAirbus brings year-end inventory level below 2019 figure
Airbus brought its inventory figure down to €30.4 billion at the end of 2020, below the previous year-end level of €31.5 billion. The inventory figure had sharply increased over the course of the year, reaching €37.5 billion during the first half, as deferrals and delivery difficulties meant Airbus experienced a ...
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NewsAirbus aims to match last year’s commercial aircraft delivery figure
Airbus is aiming to achieve at least the same number of commercial aircraft deliveries this year as the 566 it managed over the course of 2020. Its commercial aircraft operation generated a full-year earnings loss of €1.33 billion ($1.6 billion), after a 37% fall in revenues to €34.2 billion, contrasting ...
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NewsFrench and Swedish state aid to airlines not discriminatory: European court
European court judges have thrown out a case against the state aid granted to French and Scandinavian carriers, which had been brought by budget airline Ryanair. Ryanair had alleged infringement of non-discrimination principles as well as the obligation to weigh the benefits of the aid against its adverse effect on ...
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NewsCloser operational ties key to Finnish fighter bid, Sweden says
Saab’s proposed Gripen E/F and GlobalEye package for Finland will help Helsinki transform its air-defence capabilities and drive even closer defence links with its Nordic neighbour, Swedish officials have said.
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Airline BusinessCovid-hit airlines still seeking the initiative on sustainability
The airline industry could have been forgiven for concentrating on immediate challenges around its very survival during the Covid-19 crisis. But it is a mark of how sustainability has become central to what the European Commission and others have referred to as the sector’s “licence to grow” that already this ...
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NewsLufthansa in talks for smaller types after A380 and 747 withdrawal: Spohr
Lufthansa Group is holding talks with Airbus and Boeing to bring smaller aircraft into the fleet in place of the larger types the company is withdrawing as a consequence of the air transport crisis. Chief executive Carsten Spohr told a German symposium, hosted by the London School of Economics on ...
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NewsTUI’s Belgian carrier puts 737 Max back into operation
Leisure company TUI Group has started re-introducing the Boeing 737 Max to service, with its Belgian carrier TUIfly conducting flights to Malaga and Alicante. The initial aircraft (OO-MAX), a 737 Max 8, departed Brussels shortly before 09:45 on 17 February. “At the moment we have a very small programme in ...
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NewsAt 6% of flights, long-haul services emit 51% of CO2: Eurocontrol
Long-haul services departing European airports accounted for more than half the CO2 emissions from all operations in 2020, despite making up just 6% of flights, according to Eurocontrol data.
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NewsFinnair to recycle A319 in Helsinki in support of sustainability push
Finnair is to begin what it describes as the first-ever recycling of a commercial aircraft in its home country, ensuring that parts from the Airbus A319 can be reused as part of its sustainability strategy.
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NewsCovid uncertainty ends hopes for RIAT anniversary spectacular
Continued uncertainty caused by the coronavirus pandemic has led show organisers to cancel the Royal International Air Tattoo’s (RIAT’s) 50th anniversary event, which had been scheduled to run from 16-18 July
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NewsSAS stays with Leap-1A for remainder of A320neo order
Scandinavian operator SAS has stayed with CFM International for a further batch of engines for its Airbus A320neo-family fleet. SAS has directly ordered 65 A320neos of which 30 have been delivered. It also operates another 15 on lease, including a single A321LR, all of them fitted with the CFM Leap-1A ...
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NewsCourt blocks Manston revival after government fails to explain need for airport
Plans to resurrect the UK’s dormant Manston airport to handle international cargo flights have suffered a setback after a judge quashed the development consent order given by transport secretary Grant Shapps’s office last year. The judge, in a ruling at London’s High Court on 15 February, has approved a judicial ...
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NewsNorwegian reaches accommodation with several lessors
Norwegian and its subsidiaries have reached an accommodation with a number of lessors, including Avolon and SMBC Aviation Capital, relating to several aircraft the airline was formerly seeking to reject as part of its Irish restructuring process.
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NewsEuropean ministers sign off on summer slot rules revision for airlines
European transport ministers have today formally approved temporary rules under which airlines will only have to use a minimum of 50% of their take-off and landing slots during the forthcoming summer season to retain them for 2022.
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Airline BusinessAirlines anxiously await international rescue as variants trump vaccines
Concerns about variants of Covid-19 are spoiling what was, towards the end of 2020, expected to be a turning point for international air travel.
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NewsGerman government finalises airport support package
The German government has agreed a financial support package for airports under which the nation’s 15 largest gateways will receive more than €600 million ($725 million).
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News2020 was worst for European airport traffic in 25 years
Trade body ACI Europe is calling for further financial support for European airports as they struggle for survival after a year in which passenger volumes fell back to levels last seen 25 years ago.
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NewsFrench shipping giant CMA CGM to enter air cargo market with A330-200Fs
French logistics and sea transport firm CMA CGM is branching into air freight operations, with the introduction of services using four Airbus A330-200Fs. The company is establishing a new division, CMA CGM Air Cargo, which will be dedicated to air freight services. It states that the strategic move is intended ...