All Europe news – Page 125
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NewsAirbus takes €200m charge on A400M as defence unit orders soar
Airbus Defence & Space has reported a first-half order intake up 86% year-on-year, due largely to a follow-on Eurofighter contract with Spain.
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NewsAeroflot invites investors to participate in share offering
Russian flag-carrier Aeroflot is formally inviting interest in acquiring shares in the company, following the earlier approval of a hike in its authorised capital. The airline states that 5.42 billion ordinary shares are being placed under the capital increase, through an open subscription. Investors who held shares on 11 May ...
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NewsAirbus chief confident that engineless aircraft backlog will vanish by year-end
Airbus admits it had 26 aircraft still awaiting engines at the end of the first half, a tailback caused by supply-chain issues in the aerospace sector. But chief executive Guillaume Faury is confident that this backlog will diminish to zero by the end of the year. Speaking during a first-half ...
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NewsAirbus pushes back A320neo production-rate target over supply-chain concerns
Airbus has shifted the ramp-up target for A320neo production, pushing back the timeline for achieving 65 aircraft per month to early 2024. It amounts to a six-month deferral from its original aim to reach this rate in summer 2023. The airframer says it is making adjustments to its ramp-up trajectory, ...
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NewsEasyJet to add A321neos to Lisbon as TAP slots expand network
UK budget carrier EasyJet is to station three Airbus A321neos in Lisbon, in order to operate an expanded network achieved through the acquisition of former TAP Air Portugal slots. The airline is opening 14 new routes this winter, and increasing frequency on seven others, taking the network from the capital ...
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NewsSAS seeks court authorisation to proceed with new Airbus delivery
SAS is seeking authorisation to continue with aircraft deliveries with a filing to a US bankruptcy court setting out justification for the acquisition. The Scandinavian operator has been under US Chapter 11 bankruptcy protection since 5 July. Airbus is due to deliver an A320neo – MSN10937 – to the carrier ...
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NewsHow Rolls-Royce’s Orpheus demonstrator will power FCAS innovation for UK
Rolls-Royce Defence used the Farnborough air show to unveil an experimental demonstrator engine that was designed and tested “in under 18 months”, and at significantly lower cost versus traditional methods.
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NewsPoland to replace Soviet-era fighters with 48 KAI-built FA-50PLs
Poland has signed framework agreements with South Korea to purchase military equipment including 48 Korea Aerospace Industries (KAI) FA-50PL training and combat aircraft.
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NewsLessor LCI signs for up to six more H175 helicopters
Leasing firm LCI has agreed to acquire up to six Airbus Helicopters H175s, with the first to be delivered towards the end of next year. The agreement covers two firm helicopters plus four options, and increases the lessor’s commitment to the type. LCI values the deal at over $125 million. ...
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NewsWizz Air maintains pace of fleet-expansion programme
Budget carrier Wizz Air is maintaining its fleet-expansion programme, although it is prepared for potential disruption from supply-chain issues. It added eight new Airbus A321neos during the quarter while returning four A320s at the end of their leases. The changes take Wizz’s fleet to 157 aircraft. “Our fleet programme remains ...
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NewsATR picks NH Industries helicopters executive as new chief
Turboprop manufacturer ATR has named Airbus Helicopters executive Nathalie Tarnaud Laude as its new chief executive, succeeding Stefano Bortoli. Laude, who joined Airbus in 2005, is president of NH Industries and heads the venture’s NH90 military helicopter programme. She has also held senior roles at Airbus in the strategic, finance ...
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NewsWeaker currency forces Wizz to absorb €140m foreign-exchange loss
Weakening of the euro against the US dollar generated a foreign-exchange impact of €140 million which exacerbated budget carrier Wizz Air’s losses over the first quarter. Wizz Air turned in an operating loss of €284 million ($289 million) for the three months to 30 June. But a revaluation of US ...
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NewsBaffled Ryanair vows to appeal EU ruling on €8.4m in ‘illegal’ state aid
Low-cost group Ryanair has vowed to appeal what it describes as a “bizarre” ruling by the European Commission that it benefited from illegal state aid relating to France’s La Rochelle airport between 2003 and 2010. In approving the financial aid provided by the French government to La Rochelle and Beauvais ...
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NewsLufthansa cancels more than 1,000 flights as ground staff strike
Lufthansa has cancelled more than 1,000 flights on and around 27 July in response to a “warning strike” by members of the Verdi trade union over a pay dispute. The action involves around 20,000 ground staff from across the Lufthansa Group’s German units and comes with the mainline carrier already ...
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NewsPoland’s first H-model Hercules arrives for in-country preparation
A first of five Lockheed Martin C-130H tactical transports acquired for use by the Polish air force landed at the nation’s Bydgoszcz airport on 15 July.
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NewsLessor Avolon's chief Slattery to step down from top post
Irish-based lessor Avolon has nominated Andy Cronin as chief executive, succeeding Domhnal Slattery who is stepping down from his position. Cronin is the chief financial officer of Dublin-based Avolon, and has been unanimously appointed as chief executive designate by the board. Slattery was the founding chief of the leasing firm, ...
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NewsAirbus exercising patience over Chinese certification for A220
Airbus does not envision a near-term certification of its A220 in China, but nevertheless expects eventual approval for the twinjet from Chinese regulators. The airframer recently obtained agreements from four Chinese carriers covering close to 300 single-aisle jets – all from the A320neo-family range. These included 100 for China Eastern ...
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NewsA400M tests aerial firefighting adaptation with Spanish support
The A400M’s potential for use as an aerial firefighting asset has been put to the test, with Airbus conducing an initial campaign in collaboration with the Spanish air force.
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NewsEasyJet takes £133m disruption hit but says operations now ‘normalised’
EasyJet recorded a loss before tax of £114 million ($137 million) for the three months ending 30 June 2022, as operational disruption had a £133 million cost impact. Providing a fiscal third-quarter trading update on 26 July, the UK-based low-cost carrier lamented capacity caps imposed by London Gatwick and Amsterdam ...
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NewsHeathrow insists passenger cap will remain until ground-handling resource improves
London Heathrow airport’s operator insists its capacity cap will remain in place until airlines increase ground-handling resources to a level that matches demand. The operator introduced the cap of 100,000 daily departing passengers after service levels – flight cancellations, aircraft parking logistics issues, and baggage problems – became unacceptably low. ...