All Europe articles – Page 160
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NewsRussian lessor GTLK turns in heavy net loss as sanctions bite
Russian state lessor GTLK has turned in a full-year net loss of Rb55.8 billion ($683 million) under international standards, its highest ever, which it attributes to international sanctions pressure. The result contrasts with the Rb990 million profit for the previous year. GTLK says the sanctions imposed by various countries have ...
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NewsFaroese carrier Atlantic Airways plans transatlantic service to New York
Faroe Islands carrier Atlantic Airways is to open a transatlantic service to New York later this year, for a short period. The airline will fly from its Vagar base to New York’s secondary Stewart airport from 22 August. Atlantic Airways will serve the connection weekly. It says it will operate ...
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NewsCourt awards BOC Aviation over $400m for Russian 747-8F defaults
Lessor BOC Aviation has been granted damages of more than $400 million against Russian freight operators AirBridgeCargo and Volga-Dnepr, over defaults relating to three leased Boeing 747-8Fs. The situation emerged after the Russian invasion of Ukraine in February last year, after which international sanctions were imposed on Russian carriers and ...
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NewsGlobal airline fleet will grow by one-third over next decade: Oliver Wyman
The global airline fleet has reached 98% of its pre-pandemic size and is projected to grow by one-third more by 2033, according to management consulting firm Oliver Wyman.
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NewsAir Baltic optimistic after strong first-quarter revenue performance
Latvian carrier Air Baltic is optimistic over its prospects for the year after generating revenues of €104 million ($114 million) for the first quarter. The airline is aiming to reach €700 million for the full year and transport 4.4 million passengers. For the first quarter it carried 770,000 and load ...
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NewsAirbus seeks A321XLR rapid-descent approval based on A321neo performance
Airbus is asking US regulators to approve A321XLR emergency descent performance based on that for the basic A321neo, arguing that aerodynamic changes to the long-range variant will only have a limited effect. The airframer states that flight-test and analysis data shows the A321neo is able to descend from its certified ...
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NewsIrish carrier ASL cleared to test freight potential of unmanned aerial vehicles
Irish carrier ASL Airlines has obtained an operator’s certificate for light unmanned aerial vehicles, with which it will test the potential for such craft to expand its freight network. The Irish Aviation Authority has issued the Light UAS certificate to the carrier’s subsidiary ASL Future Flight. ASL Airlines says it ...
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Airline BusinessAirline Business Covid-19 recovery tracker: April 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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NewsSurveillance overhaul set to replace half of Norway’s conventional radars
Norway’s air navigation service has completed the installation of an antenna array intended to replace half of the country’s conventional radars. Some 200 antennas have been positioned in various locations, including airports and mountain peaks, in order to provide wide-area multilateration coverage. Multilateration enables aircraft positions to be calculated through ...
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NewsEmbraer and Saab deepen relationship with C-390 and Gripen E pact
Embraer and Saab have entered an agreement to work together on business development and engineering opportunities for the C-390 tactical transport and Gripen E fighter.
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NewsJetBlue finally set to launch flights from New York to Amsterdam
JetBlue Airways will launch operations between New York and Amsterdam’s Schiphol airport “late this summer” as the carrier finally gains a long-sought foothold at one of Europe’s busiest airports.
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NewsAirbus books first A350 freighter order for the year
Four more Airbus A350 freighters have been booked in the airframer’s backlog, attributed to an undisclosed customer. Airbus revealed the order – which was placed on 23 March, and marks its first for the cargo model this year – in its first-quarter backlog figures. The agreement brings to 39 the ...
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NewsIsrair holding ‘intensive’ talks over Smartwings acquisition
Israeli leisure operator Israir Group states that it is conducting “intensive negotiations” with Czech carrier Smartwings’ owners, in order to reach agreement to acquire the airline. Although the company says the tender process has advanced, it reiterates that it might not be the only contender and “does not know” whether ...
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NewsTurkey launches UAV-centric aircraft carrier after being denied F-35s
The NATO member’s floating airfield will deploy rotary-wing assets and fixed-wing unmanned aerial vehicles, but notably no conventional fighter jets, since Turkey was removed from the US-led Lockheed Martin F-35 programme.
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NewsA220 engine ‘in maintenance for 386 days’ but Air Baltic chief foresees improvement
Air Baltic has seen maintenance of the Pratt & Whitney PW1500G geared turbofans (GTFs) that power its Airbus A220-300 fleet take months longer than expected as supply-chain and labour challenges weigh on the MRO sector, but the airline expects the situation to improve.
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NewsIcelandair signs for 13 A321XLRs as 757 replacement
Icelandair has signed signed a memorandum of understanding to purchase 13 Airbus A321XLR aircraft – the airline’s first ever Airbus order – to replace its fleet of ageing Boeing 757s.
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NewsSerious approach incidents expose altimeter-setting vulnerabilities
Investigation into the Hop Bombardier CRJ1000 low-approach incident at Nantes in October 2021 has exposed vulnerabilities in crucial pressure-setting procedures, and potential difficulties in detecting errors. The CRJ1000 flew the approach more than 500ft below the correct glidepath, a situation only discovered when air traffic control received a minimum safe ...
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NewsAir Baltic chief reiterates interest in stretched A220 as options decision looms
Air Baltic would still consider taking a stretched version of the Airbus A220 – widely dubbed the A220-500 – should the variant become available in the right timeframe for its outstanding order options.
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NewsAzerbaijan Airlines signs for a dozen Airbus single-aisle jets
Azerbaijan Airlines is ordering a dozen Airbus single-aisle jets, comprising A321neo and A320neo variants. The airline signed a formal agreement for the aircraft on 6 April in the Azerbaijani capital Baku. Azerbaijan Airlines says it will select an engine model “at a later stage”. “The signed contract will provide our ...
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NewsCRJ1000 low-approach inquiry stresses verification of altimeter pressure settings
French investigators are highlighting the importance of validating altimeter pressure settings, after a Hop Bombardier CRJ1000 descended below the glidepath on approach to Nantes. The aircraft (F-HMLD) was conducting the approach to runway 21 in turbulent conditions, during the arrival from Lyon on 20 October 2021. Investigation authority BEA says ...