Europe – Page 5

  • MH17 detonation
    News

    No evidence Ukraine aware of threat before MH17 shot down: analysis

    2021-02-08T15:04:00Z

    Independent analysis has found no evidence that Ukrainian authorities were aware of the threat to high-altitude traffic, and specifically civil aviation, before a Malaysia Airlines Boeing 777-200ER was shot down by a surface-to-air missile. This is despite Ukrainian national security officials’ openly floating the possibility that high-powered weapons might ...

  • TBM 940
    News

    France’s DGA to modernise flight-test fleet with four TBM 940 turboprops

    2021-02-08T14:11:00Z

    Daher has been awarded €21.8 million ($29.8 million) to produce four TBM 940 high-speed turboprops for use by France’s DGA defence procurement agency.

  • Aer Lingus
    News

    Aer Lingus secures €150m loan from Irish state recovery fund

    2021-02-08T10:28:00Z

    Irish carrier Aer Lingus has tapped a state-backed pandemic recovery fund to secure €150 million ($180 million) in debt funding. The capital has been secured from the Ireland Strategic Investment Fund’s (ISIF) €2 billion Pandemic Stabilisation and Recovery Fund, which the country’s finance ministry established last year to support ...

  • Austrian Airlines
    News

    Austrian plans further restructuring amid stalled recovery

    2021-02-05T17:13:00Z

    Austrian Airlines is planning to implement further restructuring measures in response to lower-than-predicted travel demand amid the current wave of Covid-19 infections. The Lufthansa Group carrier says it is currently operating around 15% of pre-crisis capacity. It had previously forecast that the level would reach 50% during ...

  • Aeroflot fleet
    News

    ​Aeroflot losses hit $1.3 billion in 2020

    2021-02-05T15:02:00Z

    Russian flag carrier Aeroflot incurred a net loss in 2020 amid slumping revenue as passenger numbers were hammered by the Covid-19 crisis.

  • SkyGuardian UK 2018
    News

    SkyGuardian’s UK visit to showcase Protector, maritime capabilities

    2021-02-05T14:51:00Z

    General Atomics Aeronautical Systems will deploy a company-owned and -operated MQ-9B SkyGuardian unmanned air vehicle to the UK in July.

  • BelugaXL first landing
    News

    Airbus intends ETOPS for BelugaXL to support transatlantic operations

    2021-02-05T12:02:00Z

    Airbus is to seek extended twin-engined operations (ETOPS) approval for the BelugaXL outsize transporter, in order to support commercial services involving overwater flights. Three BelugaXLs, based on the A330, have been built, the most recent introduced in October 2020. Another three will be manufactured, the last two of which ...

  • RAF P-8 Poseidon Fulmar 1
    News

    RAF welcomes fifth Poseidon MPA at Lossiemouth base

    2021-02-05T11:26:00Z

    The UK Royal Air Force’s P-8A Poseidon MRA1 maritime patrol aircraft fleet has been boosted by the arrival of its fifth example of the adapted Boeing 737NG.

  • Airline-data
    In depth

    Airline coronavirus recovery tracker: February 2021 update

    2021-02-05T09:37:00Z

    Our regular examination of the latest global data for several key airline market indicators, including international and domestic travel restrictions, traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.

  • FBO operation-c-Signature Aviation
    News

    Rival bidders link up to secure $4.7bn Signature Aviation takeover

    2021-02-05T08:21:00Z

    Rival bidders for fixed-based operations specialist Signature Aviation have agreed a combined acquisition of the company, prompting the withdrawal of a previously-recommended takeover offer. A newly-formed UK-registered company, Brown Bidco, is being formed by investors Global Infrastructure Partners, Blackstone, and Cascade. GIP and Blackstone will each indirectly hold ...

  • Norwegian 737-800 at Gatwick
    News

    Lessors raise concerns over Norwegian aircraft returns

    2021-02-04T19:12:00Z

    Law firms representing Norwegian’s lessors and creditors have raised concerns over the airline’s bid to repudiate 36 aircraft leases under its restructuring process.

  • Wizz Air Airbus A320
    News

    ​Wizz to close Trondheim base

    2021-02-04T19:09:00Z

    Wizz Air is to close its recently opened Tronheim base as Covid-19 continues to disrupt air travel in Norway.

  • Lufthansa Airbus A320
    News

    Lufthansa repays KfW loan early after €1.6bn bond issue

    2021-02-04T18:32:00Z

    Lufthansa Group is to pay back early its loan from financial firm KfW following the German airline company’s issuing of €1.6 billion in bonds. The group says it has placed the bonds in two tranches, with terms of four and seven years. Lufthansa’s initial tranche of €750 million ...

  • Norwegian fleet parked-c-Norwegian
    News

    Norwegian flew eight aircraft on average in restriction-hit January

    2021-02-04T13:39:00Z

    Restructuring low-cost carrier Norwegian operated an average of just eight aircraft in January as a result of services curtailed by travel restrictions.

  • Almost empty airport during Covid
    News

    Airline passenger traffic saw sharpest decline in history during 2020

    2021-02-03T17:41:00Z

    The coronavirus-ravaged airline industry experienced its sharpest-ever decline in passenger demand during 2020, as global traffic fell 65.9% from 2019 levels, according to full-year data released by IATA today.

  • World2Fly A330 title-c-World2Fly
    News

    Spanish long-haul start-up World2Fly plans transatlantic services

    2021-02-03T17:08:00Z

    Newly-established Spanish operator World2Fly is seeking to open transatlantic services to US destinations. The airline – which has ambitions to operate Airbus A350s – has obtained an A330-300 formerly used by Spanish carrier Air Europa. This aircraft (EC-LXR) is powered by Rolls-Royce Trent 700 engines and was originally ...

  • Belavia 737 Max-c-Belavia
    News

    New Belavia chief prepares for 737 Classic withdrawal

    2021-02-03T16:06:00Z

    Belarusian flag-carrier Belavia is intending to stop operations with its older-generation Boeing 737s as it looks towards taking the 737 Max. Belavia has appointed a new general director, former marketing director Igor Cherginets, to succeed long-term airline chief Anatoly Gusarov. Cherginets says the airline is planning to modernise ...

  • Cargo on an A330 C Lufthansa Cargo
    News

    Air cargo demand decline in 2020 ‘worst since records began’

    2021-02-03T15:52:00Z

    The air cargo sector – touted as the airline industry’s bright spot during the coronavirus crisis – saw its largest year-on-year fall in demand since IATA records began during 2020, although the final quarter brought signs of the gap closing.

  • Wizz Air Airbus A321
    News

    Wizz to open Sarajevo base in May

    2021-02-03T14:43:00Z

    Central European budget carrier Wizz Air is establishing a base in Sarajevo, in an effort to boost its market position in Bosnia and Herzegovina.

  • Cancelled flights
    News

    IATA outlines scenario where Covid variants pummel 2021 traffic

    2021-02-03T14:26:00Z

    The global airline industry might only see traffic growth of around 13% from 2020 levels this year amid the impact of new variants of Covid-19, according to a potential scenarios presented by IATA.