All Europe news – Page 225
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NewsBA premium-economy roll-out plays well for recovery phase: Doyle
British Airways chief executive Sean Doyle believes the increased mix of premium-economy seating in its capacity is well timed to cater for the likely slower pick-up in business traffic during the pandemic recovery phase.
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NewsIAG sees long-haul driving passenger revenues since September
IAG carriers British Airways and Iberia have been generating the majority of their passenger revenues from long-haul flights in recent months, driven by resilient demand for visiting friends and relatives (VFR) travel.
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NewsTexan aviation investment group MDI acquires three Austrian 767s
Lufthansa Group carrier Austrian Airlines has agreed to sell three of its Boeing 767-300ERs to a US company, Texas-based MonoCoque Diversified Interests. Austrian says the first of the 767s will be transferred at the beginning of March with a second to be handed over in May. The carrier had disclosed ...
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NewsNorwegian posts $2.7bn annual loss
Norwegian made a net loss of NKr23 billion ($2.7 billion) in 2020, dramatically deepening one of NKr1.61 billion in 2019, as its long-haul low-cost business model was devastated by the Covid-19 pandemic.
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NewsItalian ministers to discuss Alitalia successor with EU
Italian government ministers are set to meet with European Commission representatives to discuss plans to establish a new national carrier. The airline, which has initially been branded ITA, is emerging from the restructuring of troubled flag-carrier Alitalia. “We evaluated the possibility of continuing the ITA project and expressed the desire ...
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NewsGallego sees Air Europa deal more likely to close in late 2021
IAG chief executive Luis Gallego expects completion of the group’s planned acquisition of Spanish carrier Air Europe to be nearer to year-end, having set a second-half target to close the delayed deal.
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NewsIAG to operate 20% of capacity in first quarter after tumbling to €7.4bn loss
British Airways and Iberia parent IAG expects to operate just a fifth of its 2019 capacity in the first quarter after disclosing it swung to a €7.43 billion ($9.1 billion) operating loss last year. IAG posted a €1.47 billion loss for the fourth quarter, a period in which it operated ...
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NewsDHL to source A321 freighter capacity through SmartLynx
Logistics specialist DHL Express is to introduce a pair of Airbus A321 freighters, to be operated by wet-lease capacity provider SmartLynx Malta. SmartLynx Malta had emerged last year as a customer for A321 freighters from Vallair as it sought to enter the cargo aircraft market. The company has reached a ...
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NewsAirlines warned slow action on CO2 means people will soon fly less
Europe’s airline industry has been warned that in the absence of concrete and speedy technological progress towards a reduction in CO2 emissions, people might choose to fly less as the impacts of climate change become more apparent.
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NewsThree landing jets ‘narrowly’ missed stepladder left on Birmingham runway
UK investigators have disclosed that three aircraft landing at Birmingham airport in darkness narrowly missed a large ladder which had fallen from a maintenance vehicle in the touchdown zone of runway 33. The A-frame ladder, about 2.2m in length, had fallen from a pick-up truck, probably during a sudden acceleration, ...
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NewsIAG names new Aer Lingus chief
IAG airline Aer Lingus has appointed Lynne Embleton as its new chief executive, effective 6 April, replacing interim head Donal Moriarty.
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NewsA321XLR's rear fuel tank demands special fire-protection conditions
Airbus’s A321XLR will be subject to special conditions proposed for the aircraft’s integrated rear centre tank, intended to ensure adequate protection from fire. The large 12,900-litre centre tank, located in the aft hold of the twinjet, will contain the fuel necessary for the aircraft to achieve its extended range. Airbus ...
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NewsBAE chief upbeat on maintaining Tempest momentum
BAE Systems is confident that it can maintain early momentum with the UK’s Future Combat Air System/Tempest project, with chief executive Charles Woodburn expecting firm details to emerge via a forthcoming Integrated Review.
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NewsSAS poised to re-open European summer routes if restrictions ease
Scandinavian operator SAS is preparing to re-open 180 routes for the summer within the Nordic region and Europe, believing that vaccination programmes are set to ease travel restrictions. The airline is continuing to suffer heavily from the air transport crisis, turning in a pre-tax loss of SKr1.94 billion ($234 million) ...
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NewsNorwegian gives update on progress in settling with lessors
Norwegian continues to make progress in settling leases and other contracts with creditors under its Irish restructuring process, but faces opposition from some parties.
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NewsAirline industry might burn through $95bn in cash this year: IATA
The global airline industry might continue to burn cash into 2022 amid uncertainty over when governments will release travel restrictions, according to a range of scenarios presented by IATA.
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NewsInfluential Lufthansa Group shareholder Thiele dies
German entrepreneur Heinz-Hermann Thiele has died, a year after he emerged as a substantial shareholder in Lufthansa Group and threatened to reject a crucial bail-out for the airline company. Thiele was the majority shareholder and deputy chair of rail and commercial vehicle systems supplier Knorr-Bremse. The company says he “passed ...
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Airline BusinessEuropean airlines pine for summer recovery
Amid the endless months of lockdown, the rollout of vaccines has been the light at the end of the tunnel for European airlines desperate to begin generating cash again.
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NewsHeathrow Airport losses top £2 billion in pandemic-hit 2020
London Heathrow airport’s operator ended last year with enough liquidity to see it through until 2023 after a dreadful 12 months in which it lost just over £2 billion ($2.8 billion).
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NewsScottish government selects preferred bidder for Prestwick airport
Scotland’s cabinet secretary for transport has disclosed that a preferred bidder has been chosen for Glasgow Prestwick airport. Michael Matheson was responding to a question in parliament on 23 February regarding progress on returning the airport to the private sector. The government acquired the airport from New Zealand’s Infratil in ...