Europe – Page 10
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Newsletter
Lagging Asia-Pacific leaves global airline traffic just short of 2019 levels
That the global airline industry is able to record a 17% year on year rise in passenger traffic for January 2024 and still be just below 2019 levels is a reminder of how nascent some aspects of its Covid-19 recovery are.
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News
GCAP exportability vexes cautious Japanese politicians
Japanese politicians are grappling with how to deal with future exports related to the Global Combat Air Programme, which will be developed in conjunction with Italy and the United Kingdom.
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Analysis
Asia key opportunity as Lufthansa aims to catch-up on capacity
Recovering Asia-Pacific markets will be a key part of Lufthansa Group plans for a 12% in capacity in 2024, even if ongoing supply chain challenges have prompted it to tone down its growth plans for the year.
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News
Sweden formally becomes 32nd NATO member
Sweden has joined NATO as the western military alliance’s 32nd member, with its prime minister Ulf Kristersson having formally deposited its instrument of accession with the US government in Washington DC on 7 March.
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News
Airbus discloses new order for pair of A350s
Airbus has recorded a new firm agreement for a pair of A350-900s, the airframer’s only order activity for February. It has yet to list the recent American Airlines deal for 85 A321neos, or any other single-aisle orders so far this year. The two additional A350s are attributed to an undisclosed ...
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News
Swiss remains Lufthansa’s crown jewel with record profit and double-digit EBIT margin
Swiss International Air Lines posted a record operating profit for 2023 as healthy demand for air travel and disciplined cost-cutting allowed the airline to “definitively master the corona crisis and the major challenges that it posed”.
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News
Work starts on Portuguese navy helicopter/UAV-carrier vessel
Damen Shipyards has begun work on a new multi-role maritime platform that will enable the Portuguese navy to conduct tasks including the operation of embarked helicopters and unmanned air vehicles (UAVs).
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News
Spohr still optimistic on ITA, but will look ‘rationally’ at cost of deal concessions
Lufthansa Group chief executive Carsten Spohr insists the carrier will make a rational decision over the cost of any concessions attached to approval for its planned acquisition ITA Airways, but is encouraged by the approach to global competition of the incoming European Commission.
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News
SAS chief: SkyTeam will ‘unlock’ network benefits previously unavailable in Star Alliance
Accession to the SkyTeam alliance will provide Scandinavian operator SAS with greater network reach in various ways, chief executive Anko van der Werff believes. Speaking during a first-quarter briefing, he said SAS had enjoyed a good relationship with Star Alliance, of which it was a founder member. “We equally have ...
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News
Icelandair set to tighten Emirates ties with reciprocal codeshare
Icelandair has tentatively agreed a strategic partnership with Middle Eastern carrier Emirates, potentially leading to a codeshare between the two. The agreement – currently in the form of a memorandum of understanding – was reached at the ITB travel show in Berlin. Emirates has an interline tie-up with Icelandair, but ...
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News
SAS maintains full-year expectations after busy first quarter
SAS is maintaining its financial forecast for the full year 2023-24, as well as the timetable for its emergence from US Chapter 11 bankruptcy protection. It has turned in a pre-tax loss of just under SKr1.1 billion ($107 million) for its fiscal first quarter – the three months to 31 ...
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News
JetBlue drops DOT complaint against Dutch government over Schiphol slots
JetBlue Airways has withdrawn its complaint against the Dutch government after securing favourable summer take-off and landing slots at Amsterdam’s Schipol airport, but warns that it will continue to fight for access if necessary.
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News
Rafale ramp-up in full swing to meet soaring demand
Dassault Aviation continues to increase production of its Rafale fighter to meet soaring demand from the export market as total orders for the multirole type near the 500-unit mark. The French airframer took in 60 orders for the Rafale last year – 42 tranche 5 jets for the French air ...
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News
Walsh accuses UK government of ‘short-sighted cash grab’ with APD rise
The head of global airline association IATA has accused the UK government of a “short-sighed cash grab” after it announced plans to increase air passenger duty (APD) for some traveller types.
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News
Lessor Falko acquires batch of older E-Jets from Nordic Aviation Capital
UK-based regional aircraft lessor Falko has agreed to acquire a package of 24 Embraer E-Jets from Nordic Aviation Capital. Falkso says the purchase agreement covers 20 E190s and E195s plus four E170s and E175s. All of the aircraft are the older variants which preceded the re-engined E2 family. Falko says ...
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News
Carlyle to take majority share in recapitalised London Southend airport
London Southend airport’s parent company, Esken, has agreed to a restructuring and recapitalisation plan under which it will surrender ownership of the airport operator to investor Carlyle Global Infrastructure Fund. Carlyle will convert a £193.75 million ($246.5 million) loan into an 82.5% stake in the operator, while Esken will hold ...
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News
USAF deepens cooperation with Sweden on eve of NATO integration
Washington and Stockholm launched joint air combat drills involving American B-1B heavy bombers and Swedish Gripen fighters as the Nordic country completes the long-delayed process of officially joining the transatlantic military alliance.
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News
Pegasus Airlines’ full-year operating profit slips in 2023
Turkish low-cost carrier Pegasus Airlines posted a full-year operating profit of €489 million ($530 million) in 2023, down around €100 million on the previous year.
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News
Swiss names new finance chief and adds operations role to management board
Swiss has named a new chief financial officer and is adding a chief operating officer to its management board.
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News
Aeralis unveils common core fuselage design for modular aircraft family
UK developer Aeralis has unveiled the common core fuselage design that will be at the heart of its modular family of military aircraft, with the structure on display at the DIMDEX exhibition in Doha, Qatar.