All Europe articles – Page 154
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NewsStrong yields and revenue help Pegasus narrow Q1 loss
Turkish carrier Pegasus Airlines narrowed its net loss in the first quarter to €22 million ($24 million) on record revenues for the period.
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NewsGerman start-up USC looks to operate A340s including converted freighters
German-based start-up operator USC is intending to operate Airbus A340 converted freighters, and has reached an agreement on the modification with the UK’s Avensis Aviation. USC is located in Frankfurt and aims to serve long-range routes with A340-300s and -600s from this summer. It is intending initially to conduct wet-lease ...
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Airline BusinessAirline Business Covid-19 recovery tracker: May 2023 update
Our regular examination of the latest global data for several key airline market indicators, including 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.
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NewsCourt grants approval for SAS’s equity-raise solicitation
Scandinavian carrier SAS has obtained court approval to commence solicitation procedures to raise equity as part of the airline’s ‘SAS Forward’ restructuring programme. The carrier, which is under US Chapter 11 protection, states that potential investors will have about 13 weeks to present final bids. “We will conduct a competitive ...
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NewsUkraine’s SkyUp creates Maltese carrier to establish EU presence
Ukrainian carrier SkyUp Airlines has established a Maltese division, giving the operator a presence in the European Union. It has branded the division SkyUp MT and says it has obtained an air operator’s certificate as well as other regulatory certifications. SkyUp has transferred an initial aircraft, a 189-seat Boeing 737-800, ...
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NewsUK cargo start-up One Air hints at eventual migration to 777F
UK start-up cargo carrier One Air has disclosed that it could look to modernise with Boeing 777 freighters as its business develops. The operator is formally seeking to operate US routes, and has submitted a filing with the US Department of Transportation. One Air has newly secured an air operator’s ...
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NewsA380 wing-spar crack checks must take account time in storage
Inspections for cracks in the vicinity of Airbus A380 wing spars must take into account the amount of time the aircraft has been parked in storage, safety regulators have instructed. The European Union Aviation Safety Agency has updated its criteria for determining inspection intervals for the affected areas – specifically ...
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PodcastAirline Business Podcast: Q1 earnings, Ryanair order, Go First woes, Joyce's Qantas legacy
Graham and Lewis discuss how European and North American carriers performed during the recent earnings season, which saw a degree of ‘normalisation’ and plenty of positivity about the summer
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NewsCargolux 747 freighter loses landing gear bogie after emergency landing
A Cargolux Boeing 747-400 freighter suffered a “significant” landing incident at Luxembourg airport, where its right body landing gear bogie detached following an emergency landing.
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NewsSpanish air force receives first H135 trainer from Airbus Helicopters
Airbus Helicopters has delivered a first H135 light-twin rotorcraft to the Spanish air force, for use as an advanced training asset. Handed over at the airframer’s Albacete final assembly site in early May, some six months ahead of schedule, the H135 is the first of 11 on order for the ...
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Airline BusinessHow strong is the corporate air travel recovery?
As airline quarterly earnings ‘normalise’ in the Covid-19 recovery, many large European and US carriers are beginning to quantify how strongly – or not – corporate travel is coming back.
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NewsUSA approves sale of CH-47s to Germany
Berlin has cleared a major hurdle in its effort to acquire 60 Boeing CH-47F heavy-lift helicopters, securing approval from arms export regulators in Washington.
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NewsCourt rules TAP pilot’s death no excuse for refusing passenger compensation
Portuguese carrier TAP is not relieved of its obligation to compensate passengers for a flight cancelled after the death of a pilot, European judges have ruled. The first officer of the Stuttgart-Lisbon service, on 17 July 2019, was found deceased in his hotel room about 2h before the scheduled departure ...
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NewsTurkish Airlines eyes June announcement for massive long-term order
Turkish Airlines is reportedly hoping to announce an aircraft order covering around 600 aircraft next month, which will support it’s recently disclosed ambition to double the size of its fleet to more than 800 over the next decade.
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NewsUkraine receives Storm Shadow cruise missiles gifted by UK
The UK has delivered on its promise to bolster the Ukrainian air force, with defence secretary Ben Wallace announcing that it is transferring MBDA-built Storm Shadow air-launched cruise missiles to Kyiv.
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NewsKLM takes mitigating steps as it flags ‘difficulty’ fully deploying E-Jet E2 fleet
KLM is tweaking its summer schedule and is holding on to several Embraer 190s that were due to be returned to lessors in a bid to overcome a capacity shortage caused by technical challenges affecting its Pratt & Whitney-powered E195-E2s.
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NewsAir Baltic cuts first-quarter loss as it looks towards IPO
Air Baltic improved its revenue performance and significantly cut its net loss in the first quarter of 2023, as the business saw positive outcomes from its mixture of own-brand flying and deals to operate capacity for other carriers.
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NewsJet2 puts first A321neo into service
Jet2’s first Airbus A321neo has entered service, marking the beginning of its shift away from operating a Boeing-dominated fleet.
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NewsVirgin Atlantic cuts losses but pushes profit return to 2024
Virgin Atlantic now does not expect to return to the black until 2024 after today disclosing a pre-tax loss of £206 million before exceptionals for 2022.
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NewsEU court annuls Lufthansa and SAS state aid approvals after Ryanair complaints
The European General Court has annulled the European Commission’s approval of state aid provided to Lufthansa and SAS during the Covid-19 crisis.