All Europe articles
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NewsLCI, SMFL firm up helicopter leasing joint venture
Lessors LCI and Sumitomo Mitsui Finance and Leasing (SMFL) have confirmed the launch of a helicopter leasing joint venture. The joint venture will launch with a value of $230 million, say the two companies. Source: LCI An H175 managed by LCI The deal ...
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Travel restrictions prompt Wizz to put St Petersburg launch on hold
Expanding Central European carrier Wizz AIr has been forced to put plans to launch its first Russian base on hold as a result of fresh travel restrictions.
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Crisis diminishes cross-border merger prospects: IAG ex-chief Walsh
Former IAG chief executive Willie Walsh believes the prospects for greater cross-border merger freedom have receded in the wake of the air transport crisis, because governments are more likely to act to protect airlines. Speaking at a Eurocontrol event on 22 September, Walsh said he expected consolidation in the ...
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US rule on early 777 fuel-tank inerting overrides foreign carriers’ objections
US safety regulators have adopted a controversial rule aimed at modifying early Boeing 777s to reduce the risk of a centre fuel-tank explosion, having dismissed multiple objections by foreign operators of the type. Part of a long-running FAA effort to reduce the risk of fuel-vapour explosion across a range ...
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News
TUI brings down winter capacity as short-term booking trend persists
Leisure company TUI Group has further cut its winter capacity, to around the 40% level, as it laments the uncertainty over travel restrictions to which it attributes a persistent trend for short-term bookings. TUI had stated in August that it was reducing capacity for the winter 2020-21 season by ...
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Airbus turns to hydrogen as energy promise of batteries fades
Airbus is backing away from battery power in favour of pursuing hydrogen as a primary propulsion source for future aircraft development, over concerns that battery technology will not advance quickly enough to adapt to large airliners. The airframer has unveiled three conceptual designs – two based on conventional turboprop ...
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Lufthansa to mothball entire A380 and A340-600 fleet
Lufthansa Group will put all of its Airbus A380s and 10 of its A340-600s into long-term storage, only to be reactivated in the event of an “unexpectedly rapid market recovery”, and will permanently remove the remainder of its A340-600 fleet from service.
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Airlines 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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Rolls-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 ...
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Airbus 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: ...
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Norway 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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RwandAir 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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Analysis
Evacuating 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. ...
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Ryanair 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 ...
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EasyJet 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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Ryanair 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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Icelandair 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 ...
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Ryanair 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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Union 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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Crisis 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 ...
