Europe – Page 175
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NewsDaring Flyr collapses after launching into crisis-hit market
Norwegian carrier Flyr, having audaciously started up in the midst of the pandemic, survived for fewer than 600 days before being forced into bankruptcy – the latest casualty of Scandinavia’s highly-competitive and often-unforgiving airline market. Oslo’s stock exchange implemented a suspension of trading in the company’s shares on 1 February ...
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NewsLong-term Condor chief Teckentrup to be succeeded by Brussels Airlines head
Brussels Airlines chief Peter Gerber is to take over as the head of German holiday airline Condor, succeeding veteran Ralf Teckentrup. Gerber’s departure from the Belgian operator – a Lufthansa Group carrier – had previously been disclosed. Condor has confirmed that he will step into the top post from 1 ...
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NewsNorway's Flyr ceases operations after financing fails
Struggling Norwegian carrier Flyr has ceased operations and is to file for bankruptcy on 1 February after failing to secure new financing.
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NewsBrussels Airlines chief departs
Brussels Airlines will temporarily be led by former chief executive Christina Foerster following the departure of Peter Gerber.
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NewsNew Hong Kong firm Fly Meta to take converted 777-300ER freighters
Four converted Boeing 777-300ER freighters are to be delivered to a Hong Kong-based cargo charter carrier through a lease agreement with AerCap. The aircraft are being converted into 777-300ERSFs under the Israel Aerospace Industries modification programme for the twinjet type. IAI had embarked on the programme with US lessor GECAS ...
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NewsAnalysts explore spin recovery modes for proposed TVRS-44 turboprop
Russian researchers have continued performance analysis of the proposed UZGA TVRS-44 Ladoga twin-turboprop, with assessment of unusual attitudes.
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NewsFlyr finances ‘critical’ as it fails to raise funds
Norwegian carrier Flyr is in a fight for survival after the failure of its financing plan put paid to a key wet-leasing deal.
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NewsFinnair hikes A350 maximum weights to cope with longer Asian sectors
Finnair has tweaked the maximum take-off weight of 10 Airbus A350-900s in order to overcome payload limitations on certain Asia-Pacific services.
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NewsRyanair retains profit forecast after strong third-quarter performance
Ryanair net profit for the third quarter more than doubled to €211 million ($230 million), in comparison with the same pre-crisis period, even though passenger numbers were up only 7%.
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NewsAltimeter setting cited in Wideroe Dash 8 low-approach inquiry
Norwegian investigators have disclosed that they are probing a low approach involving a Wideroe De Havilland Dash 8-100 at the northern Svolvaer airport last month.
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NewsAzerbaijan Airlines signals plans to expand 787 and A320neo fleets
Azerbaijan Airlines is to introduce more Boeing 787s and Airbus A320neos as part of a continuing fleet modernisation.
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NewsItaly signs letter of intent with Lufthansa to kick-off ITA stake talks
Italy’s government has signed a letter of intent with Lufthansa as it opens talks with the carrier over the acquisition of ITA Airways.
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NewsVaradi hopeful on improved Wizz operational resilience
Wizz Air chief executive Jozsef Varadi believes air traffic control delays are likely to provide the biggest challenge this summer as the carrier bids to avoid a repeat of the operational disruption it suffered last year.
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NewsEASA proposes gap analysis to guide eVTOL manufacturers on pilot type rating
European regulators have put forward informal guidance on pilot type-rating requirements for eVTOL craft, to assist manufacturers seeking certification to develop a customised training syllabus.
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NewsKLM to take A350 freighters while Air France reinforces A350-900 fleet
Air France-KLM Group has agreed to order four Airbus A350 freighters which its Martinair division will operate for KLM Cargo. The group will also order another three A350-900s for the Air France fleet.
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NewsAirbus continues recruitment ramp-up to feed new technological activities
Airbus is embarking on a recruitment drive to hire another 13,000 personnel this year, matching its effort last year.
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NewsWizz Air summer expansion based on ‘safe’ network growth: Varadi
While Wizz Air plans to increase its capacity 30% this summer, the airline’s chief executive Jozsef Varadi believe this represents a safe way of growing, given expansion is weighted on adding frequencies and has a focus on maturing markets.
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NewsWizz sees strong summer ahead as currency gains boost third quarter
European budget carrier Wizz Air is confident of returning to profit and pre-Covid utilisation in the next financial year after more than doubling its revenues in its latest financial quarter.
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NewsItalian industry cements its role in GCAP fighter effort
Italy’s leading defence companies have signed a contract to advance the nation’s role in the UK-led Global Combat Air Programme (GCAP), which seeks to deliver a new manned Tempest fighter and complementary systems for operational use from 2035.
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NewsJet2 believes full-year financial results will beat expectations
UK leisure carrier Jet2 is forecasting it will exceed full-year financial expectations, with a profit of £370-385 million ($458-476 million) after winter bookings strengthened. Jet2 states that average load factors, as a result, are slightly ahead of the pre-pandemic winter 2018-19 season, compared with a 24% hike in capacity. The ...