All Europe articles – Page 362
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NewsRussian titanium giant cuts output as aircraft demand sinks
Falling demand for new aircraft has prompted the major Russian metals producer VSMPO-Avisma to cut the quantity of titanium output by about a third this year. The company is a key supplier to the aerospace industry – including Boeing and Airbus – providing the materials for such assemblies as landing-gear, ...
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NewsVirgin Atlantic needs state support to survive: Branson
Virgin Atlantic needs government support to survive the coronavirus crisis, the airline’s founder warned today.
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NewsEmirates A380 dipped below 400ft as crew mistakenly chased glideslope
Investigators have determined that an Emirates Airbus A380 descended far below the glideslope at Moscow Domodedovo after its crew entered a rapid descent, erroneously believing the jet was too high for the correct approach path. It descended to 504ft above ground – with a rate of descent of 1,600ft/min – ...
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NewsCityJet secures breathing space by entering examinership
An Irish court has appointed an interim examiner at regional wet-lease specialist CityJet as the carrier seeks protection during the coronavirus crisis.
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NewsEU funds development of next-generation combat helicopter capabilities
The EU is providing up to €22 million ($23.8 million) in funding for the development of technologies to support next-generation combat helicopters, including interoperability with unmanned air vehicles – so-called Manned Unmanned Teaming (MUM-T).
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NewsIcelandair plans new share issue to prop up financial position
Icelandair Group is preparing to issue new shares to shore up its liquidity and strengthen its financial position during the coronavirus-driven downturn. The company has yet to disclose the size of the share issue planned. But it says the intention of the offer is to ensure its “long-term competitiveness” after ...
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NewsEasyJet argues case against cancelling Airbus deal
UK budget carrier EasyJet is arguing that it cannot terminate its contentious Airbus order by falling back on the argument that the coronavirus outbreak is a situation beyond its control. The airline has been under fire from its founder, and key shareholder, Stelios Haji-Ioannou over the cost of retaining the ...
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NewsEasyJet secures cash for potential nine-month fleet grounding
EasyJet has expressed confidence it now has enough cash to survive a nine-month grounding of its fleet after securing additional funding.
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NewsStobart Group ponders move to buy back regional operator
Stobart Group is considering buying back Irish regional operator Stobart Air and lessor Propius from the administrators of Flybe parent, Connect Airways.
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Airline BusinessEuropean carriers face long haul through coronavirus crisis
If the relative financial success of the European airline industry had always seemed paradoxical given the glut of carrier failures over the past three winters, the coronavirus outbreak has to some extent been a leveller.
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NewsFinnair converts A350 passenger cabins for freight transport
Finnair is the latest airline to temporarily transform passenger cabins into freight carriages, disclosing plans to fill two of its Airbus A350s with cargo to boost capacity between Europe and Asia. Until now, Finnair has only transported freight in the belly of its passenger A350s. However, the airline has unveiled ...
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NewsProsecutor to consider case against Superjet crash captain
Russia’s prosecutor general is to consider the case of an Aeroflot captain indicted over last year’s fatal Sukhoi Superjet 100 landing accident at Moscow Sheremetyevo. The federal Investigative Committee says it has completed its criminal probe into the 5 May 2019 accident during which the aircraft returned to the airport ...
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NewsCondor looking at options after PGL pulls out of acquisition
German leisure carrier Condor is looking at different optons for its future ownership as talks continue with LOT’s parent Polish Aviation Group (PGL) on conditions attached to it withdrawing from its proposed acquisition of the airline.
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NewsAn-225 flypast marks Warsaw arrival as it ferries coronavirus supplies
Antonov’s outsize An-225 transport has ferried nearly 1,000cb m of supplies from China to the Polish capital Warsaw, the six-engined freighter’s first commercial operation since undergoing a modernisation programme. The aircraft was chartered by the UK’s Chapman Freeborn, based at London Gatwick, as part of the relief effort to provide ...
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NewsIATA deepens projected airline revenue loss to $314 billion
IATA now forecasts airlines will lose $314 billion in passenger revenue this year amid the coronavirus outbreak, a deepening of $62 billion from its previous projection.
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NewsNorwegian share price plummets on debt conversion plan
Scandinavian budget carrier Norwegian saw its share price nosedive when markets opened on 14 April, following its 8 April proposal to convert debt to equity in order to qualify for state aid. Shortly after the Oslo stock exchange reopened following the long Easter weekend, Norwegian’s share price was at one ...
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Wizz Air axes one-fifth of personnel but remains upbeat on prospects
Central European budget carrier Wizz Air is cutting 1,000 personnel, nearly one-fifth of its staff, after its operation was reduced to a bare minimum by the coronavirus crisis. The airline says it has been forced to take the “difficult step” to make workers redundant, adding that it has also carried ...
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NewsRussian domestic flights rise in March as international links suffer
Russian airspace data indicates that the number of domestic services increased during March, even as coronavirus restrictions badly affected international traffic. Figures from the state air traffic management corporation show that domestic flights rose by over 11% to more than 73,000 last month. But the number of international services was ...
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NewsAn-225 recruited for coronavirus support flights
Antonov Airlines has started deploying its An-225, the world’s largest operational aircraft, on services supporting the effort to combat coronavirus. The six-engined freighter had recently been restored to flight following a substantial upgrade programme. Antonov says the aircraft departed Kiev on 11 April on the first commercial service since the ...
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NewsBrussels shields its dormant fleet from nesting birds and fading seats
Brussels Airlines has given an insight into the complexity associated with the enforced long-term parking of its aircraft fleet during the coronavirus crisis. It has newly extended the grounding until at least 15 May, and over 50 aircraft in its all-Airbus fleet are being sealed and parked at the Belgian ...