Europe – Page 142
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NewsIAG sees quarterly profit top €1bn after record Iberia result
IAG cited a strong performance from its Spanish operations as the British Airways and Iberia owner saw its net profit for the second quarter of 2023 top €1 billion ($1.1 billion).
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NewsAir France-KLM doubles profit in second quarter
Air France-KLM doubled operating profits in the second quarter to €733 million ($810 million) on revenues up 14% on the same period last year.
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Airline BusinessWhy some airlines are relieved to be flying older aircraft
A notable dynamic of the current aircraft maintenance and reliability issues being experienced by carriers around the world is that the problems have been more acute among the latest-generation technologies.
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NewsSafran chief reveals previous CFM engine issue with contaminated powder metal
Safran chief Olivier Andries has disclosed that its CFM International engine venture experienced its own issue with powder metal contamination two years ago. Andries mentioned the situation during a half-year briefing on 27 July, days after rival Pratt & Whitney’s parent company revealed a powder metal contamination problem affecting in-service ...
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NewsMC-21 manufacturer Irkut to rebrand under prominent Yakovlev name
Russian airframer Irkut is to be rebranded with the Yakovlev name, with the migration taking place by the end of August. Irkut is the manufacturer of the MC-21 and also produces the Superjet 100 and its successor, the SSJ-New. Yakovlev design bureau is already a part of Irkut but the ...
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NewsWizz Air hit with UK enforcement action over disruption payments
Budget carrier Wizz Air has overhauled its commitments and processes for paying passengers when flights are cancelled and delayed after the UK aviation regulator took enforcement action over a high volume of passenger complaints of money still owed.
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NewsSafran expects progress towards interiors profitability this year
Safran is confident that it will restore profitability to its aircraft interiors division following efforts to transform the business and given the returning market interest in seat products. The aerospace company turned in a first-half operating loss of €100 million ($111 million) for its interiors division – contrasting with its ...
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NewsKa-52 attack helicopter proves deadly foe to Ukrainian forces
The Kamov Ka-52 “Alligator” attack helicopter is proving to be a formidable adversary as the Ukrainian army continues its counter-offensive against Russian forces.
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NewsSafran raises full-year outlook on back of strong civil engine aftermarket
Civil aftermarket activity has helped drive a strong performance in Safran’s propulsion business over the first half of the year. Safran delivered 785 Leap engines over the six months to 30 June, including 419 in the second quarter, compared with the previous half-year figure of 465. The Leap powers the ...
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NewsHeart selects partner to develop electrical system for hybrid-electric commuter
Swedish start-up Heart Aerospace has selected Crane Aerospace & Electronics to collaborate on producing the electrical power distribution system for its 30-seat hybrid-electric ES-30 regional aircraft.
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NewsAirbus drops interim A320neo rate references to focus on 75-per-month target
Airbus has dropped references to an interim monthly production-rate target of 65 aircraft for the A320neo-family programme, to focus instead on its ambitions to reach the higher output of 75 per month. The airframer had been looking to achieve the figure of 65 by the end of 2024, and 75 ...
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NewsAirbus explores options to offset weight penalty of A321XLR’s reinforced fuel tank
Airbus is exploring options to ensure modifications to the A321XLR’s fuel tank do not impose a weight penalty that will significantly affect the aircraft’s range. The A321XLR – which is scheduled to enter service in the second quarter of next year – is intended to offer carriers the ability to ...
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NewsNo short-term production disruption from latest P&W engine snag: Airbus chief
Airbus is confident that the latest snag to affect Pratt & Whitney PW1000G engines will not disrupt A320neo-family production this year, but the airframer has yet to assess potential effects further out. Pratt & Whitney parent RTX disclosed on 25 July that a “rare condition” in powder metal used for ...
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NewsAirbus maintains ramp-up schedules and full-year delivery target
Airbus is maintaining its ramp-up schedule targets as the airframer turns in flat adjusted earnings of €2.26 billion ($2.5 billion) for its commercial aircraft division for the half-year. Revenues for the six months to 30 June increased by 16% to €20.3 billion as the company achieved higher deliveries of 316 ...
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NewsITA and MedSky A320 flights mark reinstatement of Italy-Libya air links
Italian and Libyan carriers have conducted services between their countries’ respective capitals, to mark a reinstatement of air links absent for a decade. ITA Airways operated the Rome Fiumicino-Tripoli route with an Airbus A320 on 24 July, while Libya’s MedSky Airways carried out a reciprocal service on the same day, ...
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NewsHeathrow’s operator blames CAA pricing decision for half-year loss
London Heathrow airport’s operator is blaming UK Civil Aviation Authority pricing restrictions for its continuing first-half losses, although the adjusted pre-tax deficit of £139 million ($179 million) was better than the previous year. The Civil Aviation Authority published a price cap for the ‘H7’ regulatory period – the five years ...
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NewsAftermarket helps drive strong Rolls-Royce first-half civil aerospace performance
Strong civil aerospace performance over the first half has contributed to Rolls-Royce’s raising its full-year financial guidance. Rolls-Royce is expecting first-half underlying operating profit for the division to reach £400 million ($515 million), contrasting with the previous interim loss of £79 million. It says higher aftermarket profitability – the result ...
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NewsPoland orders two Saab 340 airborne early warning turboprops
The Swedish airframer says its 340 airborne early warning platform provides a detailed situational picture that can be used for military and civilian tasks, including air surveillance and rescue operations.
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NewsAirlines ask Dutch Supreme Court to consider Schiphol noise judgement
A number of airlines and industry associations have joined forces to institute ‘cassation proceedings’ through the Dutch Supreme Court regarding the Amsterdam Court of Appeal’s decision earlier this month to lift a block on reducing flights from Schiphol airport. Airlines had initially successfully challenged a plan to cut flight departures ...
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NewsUK cargo 747 start-up One Air commences customer flights with Chinese operation
UK cargo start-up One Air is preparing to introduce a second Boeing 747 freighter, having conducted its inaugural long-haul service. The carrier flew its initial 747-400SF from London Stansted to Jinan, in Shandong province, on 22 July before flying to London Heathrow – operating the return flight via Almaty in ...