Europe – Page 77
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NewsCroatia Airlines turns in first-half loss but expects benefits as new A220s arrive
Croatia Airlines is expecting to introduce a second Airbus A220 in December, having newly taken delivery of its first at the end of July. The carrier is replacing its current fleet of 12 aircraft – comprising two A320s, four A319s and six De Havilland Dash 8-400s – with 15 A220s ...
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NewsSwedish air force chief awaits ‘political decision’ on future airlifter
Stockholm’s selection of a new-generation tactical airlifter will be a “political decision”, says Swedish air force chief Major General Jonas Wikman.
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NewsSpohr still optimistic of completing ITA deal in fourth quarter
Lufthansa Group chief executive Carsten Spohr is still targeting completing its deal to acquire a stake in Italian carrier ITA Airways before year-end.
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NewsAirbus chief ‘blindsided’ by sharp Leap delivery drop as Safran strives to recover pace
Airbus chief executive Guillaume Faury says the airframer has been “blindsided” by a sharp drop-off in CFM International Leap engine deliveries, and is waiting to see how soon the powerplant manufacturer can recover. Speaking at a half-year briefing on 30 July, Faury said the Leap delays were “not factored” into ...
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NewsUkrainian F-16s are no “golden bullet”: USAFE chief
A US Air Force leader says that Ukraine’s receipt of Lockheed Martin F-16s is an important step in its fight against Russia but warns that it will not lead immediately to air superiority.
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NewsLufthansa challenges weigh down wider group as profits fall 37% in second quarter
Lufthansa Group adjusted earnings before interest and taxes (EBIT) fell 37% in the second quarter to €686 million ($742 million) despite revenues passing €10 billion for the first time, as challenges at its German operations in particular took a toll.
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NewsSafran highlights seating recovery as interiors arm reaches operating break-even
French aerospace firm Safran’s aircraft interiors division has narrowly edged into operating profit for the first half, turning around a heavy loss at the same point last year. The division, which generated a €100 million ($108 million) interim loss in 2023, posted a €10 million profit for the six months ...
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NewsSafran lowers expectations for full-year Leap engine deliveries
French aerospace firm Safran has lowered its expectations for CFM International Leap engine production for the full year, after delivering over 120 fewer Leap powerplants in the first half. Safran says it delivered 664 Leap engines in the six months to 30 June, some 15% down on last year’s interim ...
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NewsAirbus implementing focused cost-containment programme to ensure ramp-up efficiency
Airbus is implementing a short-term cost-containment programme intended to support its production ramp-up efforts. Speaking during a first-half briefing, chief executive Guillaume Faury said the aim of the programme – which has been designated ‘Lead’ – is to prioritise serving the ramp-up and financial performance, and avoid being “distracted”. He ...
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NewsInvestments bring down Airbus commercial aircraft earnings in first half
Airbus’s adjusted earnings for its commercial aircraft division were down by 13% to €1.95 billion ($2.11 billion) over the first half, as investments for future preparation offset the increase in deliveries. The airframer delivered 323 commercial aircraft over the first six months – up on the previous 316 and lifting ...
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NewsNorse Atlantic eases liquidity pressure with revised credit-card payment terms
Long-haul low-cost operator Norse Atlantic Airways has eased some of its financial pressure through an agreement which releases cash from credit-card payment providers. The airline had disclosed earlier this month that it was encountering near-term cash and liquidity issues after a weaker-than-expected second quarter. While summer bookings have been “satisfactory”, ...
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NewsNetherlands to obtain JASSM-ER long-range munition
The Netherlands is set to become the world’s fifth international operator of the Lockheed Martin AGM-158 Joint Air-to-Surface Standoff Missile Extended Range (JASSM-ER).
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NewsAirbus highlights interest in A330neo during Farnborough show
Airbus demonstrated demand for its A330neo during the Farnborough air show, as the backlog for the twinjet shows signs of an uptick after five years of trending downwards. Orders for the re-engined aircraft reached 337 at the end of 2019, as strong activity and a delivery ramp-up followed the initial ...
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NewsCondor restructuring funding undergoes further scrutiny after court annulment
German carrier Condor is facing a renewed investigation into financial support granted by the country’s government, approval for which was recently annulled by the European General Court. The in-depth investigation will probe whether a €321 million ($347 million) restructuring package – approved in July 2021 – is compatible with state-aid ...
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NewsCroatia Airlines takes delivery of first A220
Croatia Airlines has taken delivery of its first Airbus A220-300, one of six being acquired from US lessor Air Lease. The twinjet, powered by Pratt & Whitney PW1500G engines, is part of a fleet modernisation which will involved the carrier’s taking up to 15 A220s. Croatia Airlines chief executive Jasmin ...
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NewsNATO awards next-generation rotorcraft concept study work to three airframers
An initiative led by a group of NATO members to develop a next-generation rotorcraft to enter service in the coming decades has moved a step forward with the award of concept study contracts to Airbus, Leonardo and Sikorsky.
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NewsDeutsche Aircraft begins fuselage-cutting work to create D328eco test airframe
Germany’s Deutsche Aircraft has started construction of its first D328eco test aircraft, with cutting work to extend a D328 fuselage. The D328eco is an upgraded version of the turboprop, intended to accommodate 40 passengers. It will feature more efficient engines – the Pratt & Whitney PW127XT-S – and modernised avionics, ...
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NewsAirbus A321XLR programme chief outlines path to highest weight variant
Airbus is looking to obtain higher-weight certifications for its A321XLR over the next three months, as it works on the individual enhancements required by early operators of the long-range twinjet. The airframer secured European Union Aviation Safety Agency approval for the basic version – with a 97t maximum take-off weight ...
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NewsAir Belgium rejigs A330 fleet as it looks towards exiting restructuring process
Air Belgium is expecting to exit a judicial restructuring process in September, and is claiming to have achieved profitability over the first four months of this year. The carrier axed its scheduled passenger operations in October last year – describing them as “chronically unprofitable” – and opted for restructuring to ...
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NewsGreece to acquire up to 40 F-35s
Athens signed a long-sought letter of offer and acceptance with airframer Lockheed Martin covering 20 F-35 stealth fighters, with options for a further 20 jets.