All Europe news – Page 55
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NewsFuel prices prompt Play to row back on full-year profit prediction
Icelandic budget carrier Play is pessimistic about its chances of generating an operating profit this year, owing to the rise in fuel prices. Play had been forecasting a “narrow but positive” operating margin for the full year 2023, and the operating profit for the third quarter has proven “strong” so ...
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NewsJet2 expecting strong full-year performance as leisure bookings remain robust
UK leisure carrier Jet2 is forecasting full-year pre-tax profit of £480-520 million ($600-650 million), before foreign exchange revaluation, as the company states that it is on track to exceed market expectations. Jet2 says the outlook is based on “current visibility” although it acknowledges that the winter booking cycle still has ...
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NewsAegean Airlines eyes full-year profits high after strong second quarter
Greek carrier Aegean Airlines expects to post record full-year profits for 2023 after disclosing pre-tax earnings for the second quarter of €67.3 million ($72.2 million).
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NewsAirbus records strong widebody order activity during August
Airbus has disclosed an order for three A330-900s from an unidentified customer during August, a month which has been one of the strongest this year for long-haul aircraft agreements. The airframer recorded 20 A330-900s for lessor Avolon, as well as seven aircraft for Air Algerie – comprising five A330-900s and ...
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NewsUSA to provide Ukraine with RTX medium-range missiles ahead of F-16 transfer
Recent Pentagon contracts allocated $192 million, sourced from Ukraine security assistance funds, to supply an indefinite quantity delivery of Advanced Medium Range Air-to-Air Missiles from Raytheon.
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NewsEasyJet wants to be ‘first customer’ for Airbus ZEROe aircraft: Lundgren
EasyJet chief executive Johan Lundgren insists the carrier wants to be first in line for any future hydrogen-powered aircraft that long-time supplier Airbus builds.
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NewsNorse Atlantic to add Paris-Los Angeles flights
Scandinavian long-haul, low-cost carrier Norse Atlantic Airways is to launch flights from Paris Charles de Gaulle to Los Angeles – its third US destination from the French capital.
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NewsCoincidentally-identical waypoint names foxed UK air traffic control system
Preliminary investigation into the serious UK air traffic control failure on 28 August has traced the root cause to a processing conflict triggered by a single flightplan featuring two separate waypoints which – although geographically distant – had identical designators. UK air navigation service NATS has not disclosed details of ...
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NewsAeroflot Group reaches financial settlement with AerCap over batch of seized aircraft
Russia’s Aeroflot Group says it has completed a settlement with lessor AerCap concerning a batch of aircraft operated by its carriers, which were retained as part of a Russian government seizure of foreign-built fleets in response to international sanctions over the Ukrainian conflict. Aeroflot Group says AerCap has “ceased” its ...
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NewsLufthansa plots growth for rebranded leisure unit Discover Airlines
Lufthansa Group has dropped the Eurowings name from its newest leisure unit as part of a rebranding which will support Discover Airlines’ growth with six more aircraft over the coming year and expansion at Munich airport.
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AnalysisRAF to highlight need for strong UK defence industrial base during DSEI show
Engagement with industry is among the UK Royal Air Force’s (RAF’s) main objectives as it prepares to participate in the first DSEI exhibition since Russia’s invasion of Ukraine.
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NewsLockheed touts ‘incredible export opportunities’ for UK linked to NMH bid
Lockheed Martin insists that a selection of its Sikorsky S-70M Black Hawk by the UK for its New Medium Helicopter (NMH) competition would open up “incredible export opportunities” for the country, as the airframer prepares to disclose how it will address the social value requirements of the contest. Although Sikorsky ...
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NewsJet2 appoints chair to succeed Meeson
UK leisure carrier Jet2 has named existing director Robin Terrell as non-executive chairman, as long-standing leader Phillip Meeson steps down after four decades with the airline.
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NewsSAS introducing batch of leased E195s from Azorra
Scandinavian carrier SAS is leasing a batch of Embraer 195 regional jets from Florida-based lessor Azorra Aviation. SAS is undergoing a restructuring programme – known as ‘SAS Forward’ – while under US Chapter 11 bankruptcy protection. Among the various aspects of this programme is an overhaul of the airline’s fleet ...
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NewsAvolon firms A330neo order and conversions to A321neo
Irish-based lessor Avolon has firmed an order for 20 Airbus A330neos, and is converting 50 A320neos in its backlog to the larger A321neo.
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NewsAirbus negotiates setting up global A350 MRO venture with Air France-KLM
Airbus has entered exclusive negotiation with Air France-KLM Group to set up a joint venture for global A350 component maintenance by the first half of next year. The venture – envisioned as a 50:50 partnership – would offer supply-chain management, repair, and the establishment of a pool of components. Airbus ...
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Airline BusinessRevenues power airlines above 2019 benchmark despite lagging traffic and capacity
The latest Airline Business Index shows the second quarter of this year was marked by soaring revenue and a jump in passenger numbers, as the industry exceeded the 2019 benchmark index score for the first time since the pandemic.
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NewsNordwind A321 executed go-around with over 100 system failures after hard landing
Russian investigators have detailed the serious damage inflicted on a Nordwind Airbus A321 by a hard landing at Antalya, after which the crew executed a go-around despite the aircraft’s being crippled. Over 100 failures were recorded by the ACARS communications system after the twinjet – arriving from Moscow on 10 ...
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NewsSAS recruits Seabury restructuring specialist as transformation officer
Scandinavian carrier SAS has named strategy and restructuring specialist Ginger Hughes as the company’s new chief transformation officer. SAS filed for US Chapter 11 bankruptcy protection in July last year, in order to undertake its ‘SAS Forward’ restructuring programme. Hughes was previously a senior manager at advisory firm Seabury Group ...
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NewsRussian government outlines additional support measures for civil aircraft manufacturing
Russian prime minister Mikhail Mishustin has outlined additional support measures for the country’s aviation industry, as crucial aircraft programmes edge towards serial production. At a governmental meeting on 31 August, Mishustin highlighted the maiden flight – two days earlier – of the modified Yakovlev SJ-100, a version of the Superjet ...