Europe – Page 158
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NewsLufthansa seals deal for stake in ITA Airways
Lufthansa has reached agreement to acquire a minority stake in ITA Airways under a plan which envisages the Italian carrier boosting revenues from €2.5 billion this year to €4.1 billion in 2027.
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NewsChallenge Group lands investment package for 767 conversions
Maltese-based air freight and logistics specialist Challenge Group is receiving investment supporting its acquisition and cargo conversion of a batch of Boeing 767-300ERs. Investec Aviation Finance is providing just over €60 million ($64 million) for the purchase and modification of four 767s. Challenge Group operates carrier divisions in Israel – ...
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NewsItaly set to unveil agreement with Lufthansa for ITA stake
Italian government talks with Lufthansa over the latter acquiring stake in national airline ITA Airways appear to have come to fruition amid widespread reports that a deal could be announced on 25 May.
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NewsEU court rejects approval of Italian airline pandemic aid over absence of explanation
Approval of an Italian government provision of €130 million ($140 million) in pandemic support to certain carriers in the country has been struck down by the European Union’s General Court. The General Court has annulled a European Commission decision to approve the October 2020 subsidy, ruling that it failed to ...
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NewsRussia’s SSJ-New edges towards serial production
Serial production of the Irkut SSJ-New, the domestically-modified variant of the Superjet 100, is scheduled to commence next year, Russian state technology corporation Rostec insists. Rostec chief Sergei Chemezov says prototypes of the SSJ-New are being assembled at the Irkut plant in Komsomolsk, while certification structural testing of an SSJ-New ...
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NewsCAE to locate Central European training site in Austrian capital
CAE plans to base its new Central European pilot training centre in Vienna, with the new site to open in the second half of next year.
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AnalysisTen years after its debut flight, A350 widebody is flying high
With a decade having passed since the first flight of its A350 twinjet, Airbus is regaining production momentum after the pandemic ravaged demand for widebody capacity.
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NewsBoeing secures first BBJ 777-9 purchase commitment
Boeing Business Jets’ new president has made an instant impact at EBACE revealing that his team has landed orders and commitments this year to sell four VVIP-configured airliners, including its first BBJ 777-9.
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NewsGeorgian Airways defends opening services to Russian capital
Georgian Airways has defended its decision to open services to Russia, following a bilateral agreement, insisting that the measure is not a political gesture. The carrier started operating its A9930 flight from Tbilisi to Moscow Vnukovo on 20 May, initially with a Boeing 737-700, in spite of vehement opposition from ...
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NewsRyanair looks to put 737 Max deliveries back on track as higher fuel bill looms
Budget carrier Ryanair expects its fleet to be short of up to 10 Boeing 737 Max 8-200s for the peak summer schedule, owing to the disruption in deliveries of the type from the US airframer. The airline had previously indicated that it expected short-term capacity shortfall, as it disclosed its ...
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NewsUSA signals support for providing F-16s to Ukraine
After months of declining requests from Kyiv to send F-16 fighters to the Ukrainian air force, the Biden Administration, under pressure from allies in Europe, appears to have reversed course.
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NewsEasyJet chief sees chance to ‘significantly’ cut winter losses
Chief executive Johan Lundgren believes EasyJet is in position to significantly reduce losses incurred over the winter and ultimately for the off-season period to become profitable for the carrier.
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NewsEasyJet leasing older A320s to reinforce fleet capacity
UK budget carrier EasyJet is looking to reinforce its fleet with the lease of older Airbus A320s which would be delivered by the end of this year. The airline says it has a commitment to lease 11 mid-life A320s up to the first quarter of its 2023-24 fiscal year, which ...
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NewsNew Polish hub airport project invites bids for air traffic control tower
Developers of a major transport hub for central Poland, centred on an international airport, are seeking bids for the air traffic control tower. The tower – depending on the selection – will be up to 105m in height, with the final figure determined by visibility analysis. But it is set ...
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NewsEasyJet narrows first-half losses
EasyJet cut pre-tax losses to £411 million for the first six months of its financial year on revenues 80% up year-on-year.
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NewsRolls-Royce runs UltraFan for first time
Rolls-Royce has successfully completed the first tests of its new UltraFan technology demonstrator at its Derby, UK site, with the engine running on 100% sustainable aviation fuel.
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NewsUnited Aircraft aims to build MC-21 engine nacelle plant in Voronezh
Russia’s United Aircraft is looking to establish a new production centre in Voronezh, specialising in engine nacelles for the Aviadvigatel PD-14 and PD-8 powerplants. These engines have been developed for the Irkut MC-21 and SSJ-New programmes. United Aircraft states that its Ilyushin division has reached an agreement with the government ...
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NewsAirline Business Index shows industry close to 2019 size amid soaring revenue
The latest Airline Business Index shows the global airline industry’s revenue soared even further above 2019 levels in the first quarter of 2023, as the sector moved to within touching distance of its pre-Covid size.
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NewsIl-114-300 set for high-speed flight tests following engine certification
United Engine’s Klimov division aims to produce several powerplants this year for Ilyushin Il-114-300 high-speed flight testing. Russian federal air transport authority Rosaviatsia has recently approved the Klimov TV7-117ST-01 engine for operation at altitudes of 6,000m (19,700ft) and speeds up to 297kt. This is the regime for the next planned ...
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NewsTransavia cancels hundreds more flights as aircraft shortage persists
Dutch carrier Transavia has cancelled hundreds of flights through to the end of June as it grapples with a shortage of aircraft.