Europe – Page 141
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NewsNo relief from supply-chain malaise ‘any time soon’: Rolls-Royce chief
Rolls-Royce chief Tufan Erginbilgic expects prolonged supply-chain problems, although he says the company has limited the impact of fires at two suppliers. The engine manufacturer states that it has built up inventory in order to meet demand in civil aerospace and counter supply-chain disruption. Speaking during the manufacturer’s half-year briefing ...
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NewsWizz Air swings to quarterly profit as ticket revenue soars
Central European budget carrier Wizz Air swung to operating and net profits during the April-June period, on record passenger numbers and high yields.
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NewsWizz Air backs chief executive as shareholders object to remuneration policy
Central European budget carrier Wizz Air’s board has underlined its belief that chief executive Jozsef Varadi is vital to the airline’s strategic development, after a substantial shareholder contingent opposed management remuneration proposals. Over 25% of votes cast during a 2 August shareholders’ meeting opposed Wizz Air’s directors’ remuneration policy and ...
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NewsWizz seals order for 75 A321neos after shareholder approval
Wizz Air shareholders have approved the firming of 75 Airbus A321neo purchase rights, a plan originally disclosed by the carrier nearly 11 months ago. Approval for the purchase was secured at an extraordinary general meeting on 2 August. Wizz Air’s board says the proposal received “strong shareholder support”, and it ...
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NewsCanary Islands start-up Surcar aims to use hydrogen-electric Twin Otters
Canary Islands floatplane start-up Surcar Airlines is intending to use hydrogen-electric engines on De Havilland Twin Otter aircraft. The company plans to introduce aircraft retrofitted with the ZA600 powertrain developed by propulsion specialist ZeroAvia. Surcar Airlines is looking to offer inter-island services and sightseeing tours. It will initially use conventionally-powered ...
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NewsFirst Russian-built collision-avoidance system to be fitted on Superjet
Russian avionics specialist Navigator is aiming to deliver the country’s first domestically-built collision-avoidance system later this year. Navigator says the system – known as SPSV – has passed the third of four certification stages for aviation equipment under Russian standards. The fourth stage will finalise the process and confirm that ...
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NewsIsrair Group agrees six-month extension to Smartwings negotiations
Israeli operator Israir Group has agreed a six-month extension to the deadline for completing negotiations over its proposed acquisition of Czech carrier Smartwings. Israir Group says the 180-day extension – which commences on 4 August – has been agreed with Smartwings shareholders. The negotiations between the parties concern particular aspects ...
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NewsNordica turns to Knighthood Global for turnaround after revenue falls short
Estonian carrier Nordic Aviation Group has brought in consultancy firm Knighthood Global to carry out a restructuring, in an attempt to turn around losses after supply chain issues hit its revenues amid rising costs.
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NewsPoland advances on Armed Black Hawk deal, as Apache training starts
Poland’s Ministry of National Defense has initiated the procurement process to acquire PZL Mielec-built S-70i Armed Black Hawks, further bolstering its helicopter modernisation activities.
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PodcastAirline Business Podcast: Summer disruption, airport noise, sustainability and award winners
Graham and Lewis discuss the operational challenges being seen in Europe and North America, as ATC issues and airspace restrictions combine with weather events and other factors.
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NewsLosses spur Air Belgium to seek capital injection from new investor
Air Belgium has been holding discussions with a new investor after turning in a full-year loss of €44.6 million ($49 million), nearly four times deeper than the previous deficit. The airline’s auditor, Mazars, points out that cumulative losses have reached €91.6 million, and remarks that uncertainty exists which could present ...
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NewsCzech Republic welcomes arrival of first two AH-1Z attack helicopters
The Czech Republic has received its first two Bell AH-1Z Viper attack helicopters, with the assets having been delivered on 26 July aboard a US Air Force Boeing C-17 strategic transport.
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NewsCroatia Airlines edges into first-half profit as fuel costs fall
Croatia Airlines’ passenger numbers over the first half of the year were still nearly 20% down on the pre-crisis level, but the carrier has claimed a net profit for the period. The operator states that it transported 773,000 passengers over the six months to 30 June – up by nearly ...
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NewsAzerbaijan Airlines to merge operations with budget arm Buta
Azerbaijan Airlines is to merge its operations with its subsidiary operator Buta Airways, and unify them under the main carrier’s AZAL brand. Buta Airways was established as a low-cost division in late 2016 and has been serving a network comprising several destinations in Russia, as well as Turkey and the ...
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NewsBermudair requests ‘immediate action’ from US DOT to launch operations
Start-up regional carrier Bermudair has received an air operator certificate from the Bermuda Civil Aviation Authority, taking it one step closer to launching operations to the East Coast of the USA.
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Airline BusinessChallenges remain despite Air France-KLM's steady post-pandemic progress
While there remain plenty of pressures and potential pitfalls ahead, a doubling of profits in the second quarter underlined the steady progress Air France-KLM is making in its recovery out of the pandemic.
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NewsNew CAeS facility to accelerate hydrogen aircraft expertise
Cranfield Aerospace Solutions (CAeS) has opened a newly refurbished hangar and research and development centre to support its development of hydrogen-powered aircraft.
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NewsPlay looks to expand fleet and network as first half exceeds expectations
Icelandic budget airline Play is extending its network to the German hub of Frankfurt later this year, as it turns in an improving first-half performance. Play is to open the Frankfurt service on 14 December, operating the route four to five times weekly over the winter season. Frankfurt will be ...
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NewsAir France-KLM in talks with Apollo over €1.5bn loyalty programme financing
Air France-KLM is in talks with private equity firm Apollo Global Management over a possible €1.5 billion ($1.66 billion) financing of its loyalty programme Flying Blue.
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NewsProspective A380 start-up Global Airlines plans initial New York and Los Angeles routes
Prospective UK long-haul start-up Global Airlines is intending to configure its Airbus A380s with 450-470 seats, and initially operate to New York JFK and Los Angeles from London Gatwick. The would-be carrier is promising a three-class service – first, business and economy – as it looks to obtain an air ...