All Europe news – Page 147
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NewsVirgin Atlantic suffered ‘intensely challenging’ 2021 but profit expected in 2023
UK carrier Virgin Atlantic is finally transitioning from crisis-mode to recovery this year following an “intensely challenging 2021”, with an expectation that profitability will follow in 2023.
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Airline BusinessAir Baltic chief on Ukraine solidarity, Russia exit, airspace closures and IPO plans
Martin Gauss is running an airline based in a country – and operating from two others – whose proximity to Russia in geographical and historical terms heightens both the emotional and, in some cases, practical effects of the conflict.
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NewsEurowings receives first A320neo
Lufthansa Group’s low-cost unit Eurowings has taken delivery of its first Airbus A320neo. The CFM International Leap-1A-powered jet landed in Dusseldorf on 1 April following a delivery flight from Toulouse. Source: Airbus Eurowings received its first A320neo in early April The carrier expects the aircraft to enter ...
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NewsConversion venture EFW names new chief executive
Freighter conversion venture EFW has named chief operating officer Jordi Boto as its new chief executive, succeeding the veteran Andreas Sperl. Sperl, whose career has included serving as Airbus chief financial officer, has stepped down from his post and left the company, says EFW. Source: EFW Boto’s career ...
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NewsAn-22 among several Antonov aircraft damaged during Gostomel combat
Ukrainian airframer Antonov has disclosed that several aircraft types, including an An-22 outsize freighter, were damaged during the firefight with Russian forces at Gostomel airport. The large four-engined An-22 had been – along with the six-engined An-225 – a highly-recognisable aircraft within the Ukrainian cargo fleet. Combat operations at Gostomel ...
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NewsUSA clears more F-16s for Bulgaria
US officials have approved the sale of an additional eight Lockheed Martin F-16 Block 70 fighters to Bulgaria.
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NewsAir France-KLM eyes Leap engines for A320neo orders
Air France-KLM is in talks with CFM International over a potential Leap-1A engine deal to power its future fleet of Airbus A320neo and A321neo aircraft.
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NewsBeach towels inspire new Condor livery
German leisure carrier Condor has unveiled a new “brand identity” that will see its aircraft painted with a striped livery intended to evoke colours and designs associated with holidays.
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NewsRussian firm looks to shift carriers onto domestic booking platform
Russian state technology firm Rostec’s joint venture with Sirena-Travel is preparing to enable Russian carriers to transfer to a domestic reservations system, to protect against possible problems with foreign booking platforms. The venture, RT-Transcom, is carrying out preparations under a state order in order to “protect the industry”. It says ...
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NewsRussian presidential decree orders aircraft lease payments in roubles
Russian president Vladimir Putin has issued a decree setting out measures for fulfilling aircraft and engine lease payments, stating that they will be met in Russian currency. The decree on “temporary procedures” to meet obligations to certain foreign creditors was signed on 1 April. Hundreds of aircraft leased to Russian ...
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NewsSAS commercial chief steps down for post in education sector
SAS is losing another senior executive in the space of two weeks, with the decision by chief commercial officer Karl Sandlund to step down. He is set to leave SAS by the beginning of October. His resignation comes two weeks after that of chief financial officer Magnus Ornberg. Sandlund has ...
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NewsRyanair expects full-year loss towards deeper end of guided range
Budget carrier Ryanair is expecting a full-year net loss of €350-400 million ($385-440 million), prior to exceptional items. This is towards the higher end of the previously-guided loss range of €250-450 million for the airline, whose financial year closed on 31 March. Ryanair says its full-year passenger numbers recovered to ...
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NewsAir France to restore 90% capacity, introduce ‘shuttle’ to JFK
Air France will restore capacity to near pre-pandemic levels by what the airline hopes to be a strong peak summer travel season.
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NewsPobeda parks large part of fleet and concentrates Moscow network on Vnukovo
Aeroflot Group’s budget carrier Pobeda is to cut back its operations, putting 40% of its fleet into storage and trimming its network in response to the constraints on Russian air transport. It will maintain services with 25 Boeing 737s but park 16 others. The airline will also suspend the transfer ...
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NewsOzturk to succeed Nane as Pegasus Airlines chief executive
Pegasus Airlines’ chief commercial officer Guliz Ozturk will step up to lead the airline from 1 May, with current chief executive Mehmet Nane moving to a boardroom role.
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NewsITA reaches Airbus lease agreement with AerCap
Italian operator ITA Airways has reached a formal lease agreement for 12 Airbus aircraft, including a pair of A330neos, with AerCap. The agreement covers 10 A320neos in addition to the two long-haul twinjets. AerCap says the aircraft are scheduled for delivery to the new airline – which commenced operations last ...
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NewsFraport withdraws from Chinese airport market with Xi’an divestment
German airport operator Fraport is withdrawing from the Chinese market, having been unable to build on its involvement with Xi’an Xianyang airport. The company is selling its entire 24.5% shareholding in the airport operator, ending a 14-year partnership which has run since the company acquired the stake in 2008. Fraport ...
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NewsMC-21 serial production delay forces Russia to look at fuel subsidy for older types
Russia’s government is expecting serial production of the Irkut MC-21 to be pushed back by up to two years, and has outlined optimistic plans to ramp-up output of older, and less fuel-efficient, aircraft types in the interim. During a briefing that followed a presidential meeting on the state of the ...
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NewsBoeing wins NATO contract to explore capability needs for AWACS replacement
NATO has 17 E-3A AWACS command and control aircraft, which it operates from a base in Geilenkirchen, Germany.
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Airline BusinessMore airlines able to look forward with confidence about recovery
A notable theme over the past week has been the shift in global airline narrative towards renewal, as more markets emerge from the worst of the Covid-19 crisis.