All Europe news – Page 248
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NewsAirbus acknowledges ‘white-tails’ among inventory of stored aircraft
Airbus has acknowledged that its inventory of undelivered aircraft includes a number of ‘white-tails’, but stresses that the proportion is relatively small. The airframer put the undelivered total at 135 by the end of September, down from 145 at the end of June, although it has not specified the extent ...
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AnalysisTokyo weighs options for overseas participation in ambitious F-X future fighter programme
As Tokyo advances its ambitious F-X future fighter programme, it must weigh a number of factors – including concerns around intellectual property (IP) and ease of upgrade – as it decides which nations to partner with for the effort, according to two leading airpower experts.
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NewsAirbus shifts timeline for potential A320neo ramp-up to third quarter 2021
Airbus has shifted the timeframe for a potential ramp-up of single-aisle production to the beginning of the third quarter of 2021. Speaking during a third-quarter briefing, Airbus chief executive Guillaume Faury said the airframer had “pushed to the right” the possible starting point to raise production – from the second ...
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NewsAirbus cuts undelivered aircraft to 135 as production converges
Airbus has reduced to about 135 the number of aircraft it has been unable to deliver as a result of the air transport crisis. The airframer insists it has managed, over the third quarter, to achieve convergence between production and deliveries. Airbus recorded €1.2 billion ($1.4 billion) in charges over ...
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NewsKLM Cityhopper seeks EASA backing for virtual-reality pilot training
KLM’s regional Cityhopper division is exploring whether it can obtain European safety authority certification for virtual-reality pilot training. The regional operator is interested in pursuing European Union Aviation Safety Agency approval for the training, which will initially complement its regular training programmes. Cityhopper says the virtual-reality scheme could then start ...
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NewsRyanair to suspend service from all Irish airports except Dublin
Ryanair will temporarily cease operations from all Irish airports except Dublin for a one-month period, blaming government “mismanagement” and a “complete collapse in travel demand”.
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NewsPoor communication led Finnair flight attendant to fall from mobile stairs
Finnish investigators have determined that poor communication regarding signals to ground vehicles led a flight attendant to fall from a mobile staircase as it pulled away from a Finnair Airbus A320. The flight attendant was seriously injured in the 3.5m fall at Helsinki Vantaa airport on 13 January. Finland’s Safety ...
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News‘Risk must be rebalanced’ across industry: LOT operations chief
Suppliers such as aircraft manufacturers, lessors and MRO providers must make a greater contribution to shouldering the financial risk borne by airlines amid the air transport crisis, in the view of LOT chief operating officer Maciej Wilk.
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NewsParis CDG passenger numbers sneak ahead of London Heathrow’s
Under the exceptional circumstances of the air transport crisis, Paris Charles de Gaulle airport has overtaken London Heathrow as the primary European hub. Charles de Gaulle handled almost 19.3 million passengers in the first nine months of 2020, according to figures from operator Groupe ADP, down 66.8%. London Heathrow’s total ...
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NewsFinnair ratchets up long-term savings as nine-month loss reaches €450m
Finnair is again hiking its target for permanent cost savings from 2022, raising it to €140 million ($165 million) from the previous level of €100 million. It had already increased the target in August, lifting it from the original figure of €80 million. The Nordic carrier disclosed the change as ...
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NewsTurkish Airlines agrees amended delivery schedule for Airbus orders
Turkish Airlines has undertaken a restructuring of its fleet plans, agreeing with Airbus to reschedule a number of deliveries. The carrier adds that it has “adapted the overall outstanding orders”, taking into account operational and financial positions, to ensure a “solid basis” for the airline’s future. Turkish Airlines has not ...
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NewsAirline cash burn to continue throughout 2021: IATA
Airlines will struggle to cut unit costs sufficiently to prevent cash burn continuing throughout 2021, based on current demand assumptions, according to IATA.
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NewsACI Europe claims nearly 200 of region’s airports ‘face insolvency’
ACI Europe has warned of the “collapse of significant parts of the air transport system” because of a worsening outlook for passenger demand.
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NewsIcelandair to withdraw and part-out batch of 757-200s
Icelandair Group is planning to retire four Boeing 757-200s over the next few weeks, which will be placed with part-out schemes. The company says some of the components will be cannibalised for its remaining 757s while others will be sold. Icelandair Group says the retirement is part of its broader ...
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NewsEasyJet enters leaseback agreements for nine more A320s
UK budget carrier EasyJet has agreed several sale-and-leaseback arrangements, covering nine aircraft and generating nearly $400 million to enhance its liquidity. The airline has sealed a transaction involving five Airbus A320s with Irish-based Wilmington Trust SP Services. EasyJet says this agreement, centred on leases averaging 117 months, will generate proceeds ...
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NewsIcelandair uses Boeing compensation to offset new 737 Max expenditure
Icelandair Group is expecting to take delivery of three more Boeing 737 Max jets in the first half of 2021, and has reclassified part of the compensation received for the Max grounding as reduced capital expenditure on them. The company has not disclosed the scale of the compensation settlement reached ...
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NewsRussian budget proposal cuts near-term subsidy for CR929
Russia’s government is proposing heavily reduced near-term budget allocations for the joint Russian-Chinese long-haul aircraft project, as part of a broad review of state aviation strategy funding. United Aircraft and Chinese aerospace firm Comac have been working to develop the CRAIC CR929, a 280-seat twin-engined widebody jet. The legislative proposal ...
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NewsNorwegian converts more debt into equity
Scandinavian budget carrier Norwegian has converted another SKr231 million ($26 million) of debt into equity by issuing 56.3 million new shares.
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NewsEasyJet to make 418 crew in Germany redundant
EasyJet will almost halve its fleet in Berlin amid the Covid-19 pandemic.
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NewsAir Baltic to operate 40 winter routes
Latvian carrier Air Baltic plans to maintain “essential connectivity” through the winter months, linking its Riga hub with 40 destinations.