All Europe articles – Page 187
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NewsTAP chief welcomes acquisition interest as carrier reports record Q3 revenue
TAP Air Portugal’s chief executive has welcomed the interest from Air France-KLM – and potentially others – in acquiring a stake in the Star Alliance carrier as it reported its highest-ever third-quarter revenue and forecast a “good” full-year performance.
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NewsRolls-Royce to hike spare-engine sales to reinforce fleet resilience
Rolls-Royce large civil engine flying hours are gradually increasing but still remain about one-third down on pre-crisis levels, the company has disclosed. The flying-hours figure reached 65% of 2019 levels in the four months to the end of October, and 62% for the year so far. Rolls-Royce says this is ...
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NewsVirgin to support Heathrow on capacity peaks but cancelling flights ‘not an option’
Virgin Atlantic is hopeful “lessons have been learned” to avoid a repeat of this spring’s operational challenges at London Heathrow airport next summer.
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NewsAeroitalia signs for three 737 Max 8s from Air Lease
Aeroitalia is to take three Boeing 737 Max 8 jets on long-term placements from Air Lease, as the Italian start-up carrier seeks to expand its operations in the coming years.
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NewsRyanair reports October traffic up 14% on 2019, while Wizz sees 22% rise
Ryanair exceeded its pre-Covid passenger numbers by nearly 2 million in October this year, while rival Wizz Air reported traffic up by around 800,000 passengers on the same basis.
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NewsSAS seals renegotiated fleet leases with more lessors
Scandinavian operator SAS has secured additional agreements with lessors to change the terms of lease contracts as part of its restructuring programme. SAS is operating under US Chapter 11 bankruptcy protection, and the court is overseeing progress with the carrier’s ‘SAS Forward’ re-organisation initiative. The restructuring crucially requires amendments to ...
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NewsWizz returns conflict-stranded Airbus to service and awaits return of others
Central European budget carrier Wizz Air has returned to service one of the four Airbus jets stranded in Ukraine as a result of the conflict. The rescued aircraft, an A320, was retrieved from the city of Lviv on 13 September, and flown to Katowice in Poland. Wizz says “no significant ...
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NewsWizz Air seeks to offset choppy currency impact as operations stabilise
Budget carrier Wizz Air has shifted towards euro-denominated lease contracts as part of a strategy to counter the effects of economic conditions. The airline has turned in a first-half operating loss of €63.8 million ($63 million) for the six months to 30 September. But a net foreign-exchange losses amounting to ...
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NewsLufthansa reaches pay deal with cabin crew
Lufthansa has struck a pay deal with flight attendants through a collective agreement running until at least the end of next year.
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Airline BusinessWhy Icelandair is banking on flexibility to sustain recovery
Buoyed by record revenue and load factors in the third quarter, airline chief executive Bogi Nils Bogason sees the combination of its connecting model across the Altantic and Iceland’s strong tourist market as positioning the carrier to thrive beyond this summer’s peak
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NewsFinal flights scheduled as Doncaster Sheffield airport nears closure
Attempts to prevent the closure of the UK’s Doncaster Sheffield airport appear to have failed, with the final passenger service set to arrive from Hurghada on 4 November, and a positioning flight departing for Manchester just after midnight on 5 November. Leisure carrier TUI, the airport’s remaining based airline, will ...
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Airline BusinessVueling heads IAG carrier capacity and profits return
Spanish low-cost carrier Vueling is leading the pace in restoring capacity and profit returns among IAG carriers as the group sees all but British Airways and Level operating at or above 2019 ASKs in the first quarter of next year.
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NewsA350 reconfiguration reclaims interior cabin length as well as width
Airbus has gained close to a metre in cabin length by reconfiguring the A350’s interior, including shifting the rear pressure bulkhead further aft and moving the cockpit wall forward. Its updated configuration also includes widening the cabin by 2in either side, through re-sculpting the central fuselage sidewalls, taking the width ...
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NewsAir France-KLM eyes TAP, Transavia and territories for growth as ITA deadline nears
Air France-KLM is studying consolidation opportunities in Europe and beyond as the exclusivity period for negotiations on an ITA Airways stake comes to an end, but also cites firm plans to expand within the limits of its current operations.
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NewsIAG sees full-year operating profit of €1.1bn after confirming strong third quarter
European airline group IAG expects to post an operating profit of €1.1 billion ($1.1 billion) before exceptionals for the full-year after confirming a strong third quarter in which all of its carriers were back in the black.
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NewsAir France-KLM operating profit tops €1bn in Q3 despite Schiphol challenges
Air France-KLM expressed confidence about the winter demand outlook as it reported an operating profit of €1.02 billion ($1.02 billion) for the third quarter of 2022.
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NewsFinnair chief warns of ‘long journey’ to restore company’s financial strength
Finnair Group has turned in its first quarterly comparable operating profit for nearly three years, although it still generated a net loss for the period. The company attributes the performance – a comparable operating result of €35.2 million ($35 million) in the quarter to 30 September – to “pent-up demand” ...
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NewsAirbus expects A321XLR service entry in second quarter of 2024
Airbus has flown all three of its A321XLR test aircraft, but expects entry into service will not take place until the second quarter of 2024. The airframer had previously indicated that its introduction would take place in early 2024, as a result of a delay in the certification campaign to ...
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NewsIAG shareholders agree to 50-strong 737 Max order
Shareholders of British Airways and Iberia parent IAG have approved the company’s plan to purchase 50 Boeing 737 Max, including the high-capacity Max 8-200 and the as yet uncertificated Max 10.
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NewsIAG confirms order for 37 more A320neos after shareholder approval
British Airways and Iberia parent IAG has confirmed an order for 37 A320neo aircraft, after its shareholders approved the purchase on 26 October. The order was announced in late July and followed agreements earlier in the year for 22 A320neo-family jets, meaning IAG has now made firm commitments for 59 ...