All Europe articles – Page 10
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NewsCzech Airlines insolvency petition outlines scale of financial burden
Czech Airlines’ insolvency petition sets out the scale of the company’s financial problems, which it partly attributes to the inability to source rescue funding from the Czech government. The company has 266 creditors, with the total liability to suppliers amounting to Kc809 million ($37.1 million) as of 25 February, ...
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Turkish Airlines posts $836m net loss for 2020 despite freight boost
A strong rise in cargo revenues helped Turkish Airlines end 2020 with a profitable final quarter at an operating level, though the Star Alliance carrier still posted a net loss of $836 million for the full-year.
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Ryanair and Wizz fly less than a million passengers between them in February
Ryanair and Wizz Air passenger numbers were down 95% and 87%, respectively, in February as the two European low-cost airlines carried less than a million passenger between them during the month.
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RAF’s Sentinel R1 fleet ends operational duties with final flight
The UK Royal Air Force (RAF) has flown its last operational sortie with a Raytheon Sentinel R1 ground surveillance aircraft, with the modified business jet fleet leaving use after only 14 years of service.
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Pobeda to open second Moscow base with flights from Sheremetyevo
Russian budget carrier Pobeda is to open services from a second Moscow base, operating from the capital’s Sheremetyevo airport. Pobeda is part of Aeroflot Group alongside Aeroflot and Rossiya. Moscow Sheremetyevo is Aeroflot’s main base. The expansion will involve Pobeda’s opening services to 12 cities in Russia, as ...
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Electroflight battery system will power Heart Aerospace ES-19
Electroflight has been selected to build a High Energy Propulsion Battery System ( HEPBAS ) for the Heart Aerospace ES-19, a regional airliner currently being developed in Sweden.
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Czech Airlines files for reorganisation
Czech Airlines (CSA) has filed for reorganisation under insolvency regulations as “the last option to save the company” unless it receives government financial support.
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BA premium-economy roll-out plays well for recovery phase: Doyle
British Airways chief executive Sean Doyle believes the increased mix of premium-economy seating in its capacity is well timed to cater for the likely slower pick-up in business traffic during the pandemic recovery phase.
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IAG sees long-haul driving passenger revenues since September
IAG carriers British Airways and Iberia have been generating the majority of their passenger revenues from long-haul flights in recent months, driven by resilient demand for visiting friends and relatives (VFR) travel.
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Texan aviation investment group MDI acquires three Austrian 767s
Lufthansa Group carrier Austrian Airlines has agreed to sell three of its Boeing 767-300ERs to a US company, Texas-based MonoCoque Diversified Interests. Austrian says the first of the 767s will be transferred at the beginning of March with a second to be handed over in May. The carrier ...
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Norwegian posts $2.7bn annual loss
Norwegian made a net loss of NKr23 billion ($2.7 billion) in 2020, dramatically deepening one of NKr1.61 billion in 2019, as its long-haul low-cost business model was devastated by the Covid-19 pandemic.
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Italian ministers to discuss Alitalia successor with EU
Italian government ministers are set to meet with European Commission representatives to discuss plans to establish a new national carrier. The airline, which has initially been branded ITA, is emerging from the restructuring of troubled flag-carrier Alitalia. “We evaluated the possibility of continuing the ITA project and expressed ...
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Gallego sees Air Europa deal more likely to close in late 2021
IAG chief executive Luis Gallego expects completion of the group’s planned acquisition of Spanish carrier Air Europe to be nearer to year-end, having set a second-half target to close the delayed deal.
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IAG to operate 20% of capacity in first quarter after tumbling to €7.4bn loss
British Airways and Iberia parent IAG expects to operate just a fifth of its 2019 capacity in the first quarter after disclosing it swung to a €7.43 billion ($9.1 billion) operating loss last year. IAG posted a €1.47 billion loss for the fourth quarter, a period in which it ...
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DHL to source A321 freighter capacity through SmartLynx
Logistics specialist DHL Express is to introduce a pair of Airbus A321 freighters, to be operated by wet-lease capacity provider SmartLynx Malta. SmartLynx Malta had emerged last year as a customer for A321 freighters from Vallair as it sought to enter the cargo aircraft market. The company has ...
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Airlines warned slow action on CO2 means people will soon fly less
Europe’s airline industry has been warned that in the absence of concrete and speedy technological progress towards a reduction in CO2 emissions, people might choose to fly less as the impacts of climate change become more apparent.
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Three landing jets ‘narrowly’ missed stepladder left on Birmingham runway
UK investigators have disclosed that three aircraft landing at Birmingham airport in darkness narrowly missed a large ladder which had fallen from a maintenance vehicle in the touchdown zone of runway 33. The A-frame ladder, about 2.2m in length, had fallen from a pick-up truck, probably during a sudden ...
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IAG names new Aer Lingus chief
IAG airline Aer Lingus has appointed Lynne Embleton as its new chief executive, effective 6 April, replacing interim head Donal Moriarty.
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A321XLR's rear fuel tank demands special fire-protection conditions
Airbus’s A321XLR will be subject to special conditions proposed for the aircraft’s integrated rear centre tank, intended to ensure adequate protection from fire. The large 12,900-litre centre tank, located in the aft hold of the twinjet, will contain the fuel necessary for the aircraft to achieve its extended range. ...
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BAE chief upbeat on maintaining Tempest momentum
BAE Systems is confident that it can maintain early momentum with the UK’s Future Combat Air System/Tempest project, with chief executive Charles Woodburn expecting firm details to emerge via a forthcoming Integrated Review.
