Europe – Page 336
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NewsAirlines UK-commissioned study calls for reopening of US routes
Ongoing travel restrictions between the UK and the USA will negatively affect the former’s economy by £32 million ($41 million) a day by the beginning of October, but losses could be reduced and confidence restored if some markets between the two countries were allowed to reopen later this year, according to a new study carried out by York Aviation on behalf of Airlines UK.
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NewsRolls-Royce weighs funding options including £2.5bn equity issue
Rolls-Royce is evaluating various options for raising additional funding, including equity of up to £2.5 billion. The engine manufacturer’s share price fell substantially during trading on 21 September as it disclosed the plan, dropping to lows not reached since 2003. “We continue to review all funding options to enhance balance ...
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NewsAirbus shows off hydrogen-fuelled concept aircraft for 2035 service entry
Airbus has unveiled conceptual designs for a potential zero-emission commercial aircraft, which it believes could be developed for service entry in the next 15 years. All three of the preliminary designs – branded as ‘ZEROe’ aircraft – would use hydrogen as the main power source. Source: Airbus ...
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NewsNorway extends airline loan guarantee scheme until year-end
Norway is to set extend its aviation loan guarantee scheme until the end of the year in a move it hopes will make it more attractive to airlines.
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NewsRwandAir switches London services to Heathrow airport
The African carrier has been serving Heathrow on a cargo-only basis during the coronavirus crisis, and says today that its passenger services to the UK capital will also serve the hub when they resume on 3 October.
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AnalysisEvacuating passengers re-entered cabin after refusing to jump from E195’s wing
Investigators are seeking a reduction in height criteria for assisted emergency exit escape, after passengers evacuating a Flybe Embraer 195 re-entered the jet after refusing to jump from the wing. Several passengers were escorted back into the aircraft and directed to other exits where slides had been deployed. The aircraft ...
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NewsRyanair cuts October capacity again as restrictions impact deepens
Ryanair is planning to reduce its October capacity by 20%, on top of the 20% cut that it announced in mid-August. The budget carrier now expects to operate at around 40% of its 2019 levels in October, down from 50% previously, although it does project load factors of at least ...
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NewsEasyJet taps TUI aviation head Jarvis for finance role
EasyJet has named TUI Group’s aviation head Kenton Jarvis as its new chief financial officer, where he will team up again with chief executive Johan Lundgren.
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NewsRyanair and Italian authorities complete ‘cordial’ Covid-19 meeting
The Italian civil aviation authority says its meeting with Ryanair regarding adherence to the country’s Covid-19 health measures was “cordial”, with the airline reafirming its committment to enforcing all requirements.
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NewsIcelandair Group receives strong response to share offer
Icelandair Group has received a strong response to its share offering, with an oversubscription reaching some 85% more than the planned allocation. The offering – initially intended to cover IcKr20 billion ($147 million) in new shares, through separate share batches of IcKr17 billion and IcKr3 billion – closed on 17 ...
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NewsRyanair could order more Max jets by year-end: Davy
Ryanair may “take advantage of market softness” and add to its Boeing 737 Max orderbook by the end of the year, Davy Research has predicted in a new report.
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NewsUnion criticises Lufthansa’s launch plan for new leisure unit
German pilot union Vereinigung Cockpit has expressed scepticism about Lufthansa’s planned a new leisure subsidiary Ocean, and intends to oppose efforts by the airline to employ crews without collective labour agreements.
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NewsCrisis spurs competition regulator to prolong Oneworld transatlantic pact
UK competition regulators have imposed interim measures to address concerns over transatlantic routes operated under the Oneworld alliance’s joint business arrangement, having opted not to accept concession proposals put forward earlier this year. Oneworld carriers British Airways and American Airlines had offered slots at London Heathrow or Gatwick to alleviate ...
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NewsATR flies first new-build 72-600 freighter for FedEx
ATR has flown the first example of its newly-developed 72-600 freighter, a purpose-built cargo version of its larger turboprop. The aircraft was launched three years ago with an order for up to 50 from US express freight specialist FedEx. Thirty of the aircraft under the FedEx agreement were firm. ATR ...
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NewsBritish Airways competes head on with Virgin Atlantic in Lahore
British Airways will compete with Virgin Atlantic on its recently-announced London Heathrow-Lahore route, having disclosed its own plans to serve the Pakistani city from October. The IAG-owned carrier will operate four flights a week to Lahore from 12 October, using a Boeing 787-8 aircraft. The carrier’s announcement comes less than ...
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NewsBA chief Cruz hopeful on workforce agreements but warns of painful recovery ahead
British Airways is hopeful that outstanding contract revisions covering changes to pay and conditions for 30,000 staff members can be concluded shortly, as the carrier hunkers down to weather a “long and protracted” recovery.
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NewsAeroflot cleared to increase share capital
Aeroflot has won shareholder approval to increase its authorised capital to 1.95 billion shares.
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NewsItaly again cites Ryanair over compliance with Covid measures
Italy’s civil aviation authority is meeting with Ryanair on 16 September to discuss allegations of non-compliance with the country’s Covid-related health measures.
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In depthHow Soviets decided four was the magic number
Call it an air transport anachronism, but just as four-engined airliners are slipping, perhaps prematurely, into the realms of nostalgia, Russian airframer VASO is assembling a new widebody quadjet, the Ilyushin Il-96-400M, at its facility in Voronezh.
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NewsRussia’s Utair seeks return to strategic plan from 2022
Russia’s Utair Group is expecting to return to its strategic course from 2022, as the impact of the air transport crisis begins to subside. Utair Group states, in a first-half briefing, that the crisis might “drag on” until the beginning of the peak season of 2021, but that it plans ...