All Europe articles – Page 9

  • Tus A320-c-Tus Airways
    News

    Global Knafaim to raise equity for Tus Airways loan repayment

    2022-12-01T07:29:00Z

    Israel’s Global Knafaim Leasing is injecting additional capital into Cypriot carrier Tus Airways, via a share issue, the lessor reveals in its third-quarter financial statement. It says that the board approved the extra investment of $2 million on 30 November. Investment partner Kenneth Woolley has similarly contributed in order to ...

  • Airbus Helicopters' clean-sheet "DisruptiveLab" helicopter demonstrator
    News

    Airbus Helicopters to fly new fuel-efficient demonstrator by year-end

    2022-12-01T01:55:00Z

    Airbus Helicopters has revealed a new clean-sheet concept rotorcraft to validate a selection of new technologies it hopes will collectively deliver a fuel-burn reduction of up to 50%.

  • F-35 and Finnish F-18
    News

    Washington approves Finland purchase of Raytheon air-to-air, air-to-ground missiles

    2022-11-30T15:57:00Z

    The government in Helsinki received approval for an official Foreign Military Sales request to purchase 40 AIM-9X Block II Sidewinder missiles and 48 AGM-154 Joint Standoff Weapons from Raytheon.

  • RAF A400M Akrotiri
    News

    A400M on track to assume UK special forces support role, Airbus says

    2022-11-30T15:43:00Z

    Airbus Defence & Space is making good progress against an accelerated capability development plan for the UK Royal Air Force’s (RAF’s) A400M Atlas fleet, a senior company official says.

  • RAF E-7A Wedgetail AEW1
    News

    UK Wedgetail AEW delivery schedule slips to 2024

    2022-11-30T12:42:00Z

    The UK will face a longer than expected operational gap until the reintroduction of a dedicated fixed-wing airborne early warning aircraft capability, with prime contractor Boeing Defence UK confirming a slip to the delivery schedule for its E-7A Wedgetail programme.

  • Johan Lundgren, EasyJet
    News

    EasyJet chief sees consolidation through retrenchments not mergers

    2022-11-30T11:14:00Z

    EasyJet chief executive Johan Lundgren believes consolidation in Europe is more likely to happen through legacy carrier retrenchments rather than merger and acquisition (M&A) activity, in part because of state support keeping failing carriers in operation.

  • ALAFCO 737 Max-c-Boeing
    News

    ALAFCO seeks shareholder approval for $2.2bn Macquarie acquisition

    2022-11-30T10:10:00Z

    Kuwaiti lessor ALAFCO is to convene a shareholder meeting to approve a substantial acquisition by asset management firm Macquarie AirFinance. ALAFCO states that its board discussed and reviewed, on 29 November, a proposal for the acquisition – valued at $2.215 billion – which includes sale of 53 aircraft from its ...

  • Aircompany Armenia flight-c-Yerevan airport
    News

    More oversight progress needed to lift Armenia blacklisting: Commission

    2022-11-30T09:47:00Z

    European regulators believe Armenian authorities have made “limited progress” with improving safety oversight, but stress that more effort is needed to lift a blanket blacklisting of the country’s airlines. Newly-established carrier Fly Arna – a joint venture between Air Arabia and the Armenian National Interests Fund – commenced operations in ...

  • SAS A350-c-SAS
    News

    SAS progresses with restructuring but full-year losses remain heavy

    2022-11-30T07:46:00Z

    Scandinavian operator SAS is aiming to complete its court-supervised restructuring process in the second half of next year, as it releases its first full-year figures since entering US Chapter 11 protection. Its Chapter 11 process is intended to enable the airline to progress with its extensive ‘SAS Forward’ restructuring programme. ...

  • Israir title-c-Israir
    News

    Israir details updated bid for Smartwings

    2022-11-30T06:30:00Z

    Israeli carrier Israir has detailed its binding offer for Czech operator Smartwings, but has yet to discover whether it will be successful. Israir says the transaction, if accepted, would be valued at €44 million which includes €8 million for the entire share capital of Smartwings. Another €12 million would be ...

  • EasyJet A320neo
    News

    EasyJet positions to meet summer restoration of capacity

    2022-11-29T18:28:00Z

    UK budget carrier EasyJet is taking steps to ensure it and suppliers have sufficient labour to meet a further pick-up in demand, as it aims to return to pre-pandemic capacity levels next summer.

  • Norse Paris-JFK-c-Norse Atlantic
    News

    Norse Atlantic to open Paris-New York service next year

    2022-11-29T18:28:00Z

    Norse Atlantic Airways is to open transatlantic services to New York JFK from Paris Charles de Gaulle next year. The airline states that the operation – which will be daily – will commence on 26 March. Norse Atlantic uses a fleet of Boeing 787s for its services. The airline’s route ...

  • Airbus
    News

    Strong summer quarter helps EasyJet cut full-year losses

    2022-11-29T09:57:00Z

    Despite remaining in the red, EasyJet is pointing to a record earnings performance in the quarter ended 30 September, which helped to wipe £1 billion ($1.2 billion) off its full-year losses.

  • Croatia Airlines A220-c-Airbus
    News

    Croatia Airlines to operate up to 15 A220s as it places firm order

    2022-11-29T09:22:00Z

    Croatia Airlines has formally ordered six Airbus A220-300, and aims to lease a further nine of the type. The carrier is intending to build a fleet of 15 of the twinjets under a modernisation programme. Airbus says the A220s will replace earlier-generation aircraft in the fleet. Croatia Airlines operates a ...

  • MSC-Air-Cargo-777-200F
    News

    MSC Mediterranean launches air cargo operation with first Boeing 777 freighter

    2022-11-28T18:26:00Z

    MSC Mediterranean Shipping stepped into the air cargo industry on 28 November as its operating partner Atlas Air took delivery of a Boeing 777-200 freighter, which Atlas will operate on behalf of MSC.

  • Tonje Wikstrom Frislid-c-Flyr
    News

    Flyr chief steps down as carrier bids to overcome financial strife

    2022-11-28T18:10:00Z

    Norwegian carrier Flyr’s chief executive, Tonje Wikstrom Frislid, has opted to step down from her post having led the airline since it commenced operations last year. Chief financial officer Brede Huser is taking over, the carrier states. The transition comes at a crucial point in the airline’s development, because Flyr ...

  • Air Baltic Airbus A220-300
    News

    Air Baltic posts profitable third quarter

    2022-11-28T15:53:00Z

    Latvian carrier Air Baltic posted net profit before exceptionals in the third quarter as it sees an improvement in its financial results.

  • Loganair ATR 72
    News

    Loganair chief eyes Heathrow opportunity

    2022-11-28T15:06:00Z

    Scottish regional carrier Loganair’s chief executive Jonathan Hinkles believes a shift in thinking at Heathrow airport may help support development of regional connectivity at the London hub after securing permanent slots there. Loganair began flying the Isle of Man-Heathrow route in late 2021, using slots temporarily vacated at Heathrow during ...

  • Ukraine air traffic-c-Eurocontrol
    News

    Ukraine conflict: East European states to benefit from Eurocontrol fund

    2022-11-28T10:49:00Z

    Pan-European air navigation organisation Eurocontrol is pursuing an initiative for solidarity funds aimed at assisting member states affected by the Ukrainian conflict. The voluntary funds will be established to assist, in particular, Ukraine and Moldova as well as the Baltic states and Poland. Eurocontrol says Ukraine and Moldova will receive ...

  • Air Moldova-c-Air Moldova
    News

    Air Moldova quarrels with civil aviation regulator over safety inspections

    2022-11-28T09:55:00Z

    Air Moldova has clashed with the country’s civil aviation regulator in an extraordinary spat over the results of inspections at the airline. The Moldovan civil aviation authority has declared that, during unannounced inspections, it found “serious deficiencies” in the airline’s finances which could potentially interfere with air safety and the ...