All Europe articles – Page 33
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NewsAeroflot settles foreign-aircraft claim with lessor CDB Aviation
Russian operator Aeroflot Group has reached another settlement over leased foreign aircraft, through a deal with CDB Aviation. The agreement with the Irish-based lessor covers four aircraft, but financial terms have not been revealed. Aeroflot says that, as a result of the settlement, the lessor has “ceased its claims” against ...
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NewsEasyJet outlines £1bn profit target after strong summer confirms return to the black
Carrier expects to post a pre-tax profit in the range of £440-460 million ($541-566 million) for the 12 months ending 30 September 2023, driven by a record headline profit over the second half of its financial year.
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NewsEasyJet agrees deal with Airbus on planned order for up to 257 A320neo-family jets
UK low-cost carrier EasyJet has reached an agreement with Airbus to order a further 157 A320neo-family jets and take purchase rights on 100 more.
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NewsAirbus rejigs management after restoring dedicated commercial aircraft leadership
Airbus is rejigging its management teams following its decision to restore the role of a dedicated commercial aircraft chief and appoint Christian Scherer to the post. Scherer will oversee an initial team of eight including Sabine Klauke as head of engineering, Philippe Mhun as head of programmes and services, and ...
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PodcastAirline Business Podcast: SAS stakes, sustainability and sweet spots
Graham and Lewis discuss the latest consolidation moves in Europe, as Air France-KLM announces plans to take a minority stake in SAS.
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NewsLuxair orders up to nine Embraer E195-E2s
Luxair has ordered up to nine Embraer E195-E2 twinjets, as it continues with a fleet modernisation effort.
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NewsLuton airport operations suspended after severe fire tears through multi-storey car park
London Luton airport remains closed to all air traffic after an extensive fire which badly damaged a multi-storey car park. Up to 1,200 vehicles are estimated to have been in the car park when the blaze broke out at 20:47, and the escalating fire was declared a major incident by ...
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NewsBermudAir pivots away from all-premium seating strategy
Several weeks into operating flights to the East Coast of the USA, BermudAir no longer plans to configure its cabins exclusively with business-class seats.
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NewsA321XLR test flight simulates in-service operations
Airbus has completed a test-flight of its A321XLR with a complement of 200 people on board, simulating real-life in-service conditions. The flight, lasting 6h 12min, took place on 5 October, starting and ending in Toulouse. Airbus says 167 employees of the airframer, as well as 33 other occupants – specialists, ...
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NewsSAS and financer Apollo clash over rescue consortium’s expense-repayment deadline
SAS has obtained a favourable court ruling to shorten a notice period for a hearing on repayment of expenses, in relation to its recent equity-solicitation process, despite objections from a key financial participant in the carrier’s restructuring.
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NewsOlder aircraft could be candidates as Finnair ponders eventual narrowbody renewal
Finnair is content with its current fleet structure but indicates that it is more likely to lean towards older engine technology for updating its narrowbodies given the long delivery lead times and recent technical snags with new powerplants.
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In depthTop 100 airline group financial rankings 2022
Robust revenues as passenger markets reopened enabled many of the world’s leading airlines to restore profitability in 2022 – but the scars of the pandemic were still evident. FlightGlobal’s analysis of the airline industry financial performance in 2022 based on the top 100 airline groups by revenue.
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NewsAirbus launches work on Wunstorf MRO site for German A400M fleet
The German air force’s A400M tactical airlifter fleet will receive enhanced in-service support from later this decade, with work having started on a new facility at its Wunstorf air base.
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NewsBrazil and Poland send military transports to evacuate citizens from Israel
Military transport aircraft from Brazil and Poland have been dispatched to Israel to evacuate visiting citizens, after war erupted on 7 October following a surprise assault by the militant group Hamas sparked a new war in the region.
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NewsAirbus faces another fourth-quarter rush to meet delivery target
Airbus will need to hand over 232 aircraft in the final quarter to achieve its aim of 720 commercial deliveries for the full year, having shipped 488 jets by 30 September – two-thirds of the target.
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NewsEasyJet enters formal pact with Airbus to offset emissions through carbon-capture
UK budget carrier EasyJet has signed up to Airbus’s new carbon-capture programme, the first operator to reach a formal agreement over the initiative. EasyJet had been revealed last year as one of seven operators which had tentatively agreed to explore the Airbus carbon-removal scheme. It is based on direct air ...
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NewsGreece in talks to purchase up to 49 Black Hawks from Sikorsky
The producer of the iconic combat utility helicopter says Athens formally submitted a purchase request to the US government in April for nearly 50 UH-60s, to update the Hellenic Army’s fleet of Bell UH-1s.
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In depthAirline Business Covid-19 recovery tracker: October 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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NewsFinnair to cut debt costs and reinforce finances with €600m share issue
Finnair is intending to reinforce its financial position with a share issue aimed at raising €600 million ($632 million) during the fourth quarter of this year. The airline says the Finnish government, its main shareholder, is supporting the rights issue, along with other interested parties. Finnair says it will use ...
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NewsIsraeli authorities ‘effectively’ mitigating conflict risks to air traffic: EASA
Israeli authorities are sufficiently addressing potential risks to civil aviation from the outbreak of conflict on 7 October, the European Union Aviation Safety Agency believes. But EASA is advising that operators should ensure they have carried out a “robust” risk assessment with a “high level” of contingency planning, adding that ...