Europe – Page 109
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NewsSAS seals renegotiated fleet leases with more lessors
Scandinavian operator SAS has secured additional agreements with lessors to change the terms of lease contracts as part of its restructuring programme. SAS is operating under US Chapter 11 bankruptcy protection, and the court is overseeing progress with the carrier’s ‘SAS Forward’ re-organisation initiative. The restructuring crucially requires amendments to ...
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NewsWizz returns conflict-stranded Airbus to service and awaits return of others
Central European budget carrier Wizz Air has returned to service one of the four Airbus jets stranded in Ukraine as a result of the conflict. The rescued aircraft, an A320, was retrieved from the city of Lviv on 13 September, and flown to Katowice in Poland. Wizz says “no significant ...
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NewsWizz Air seeks to offset choppy currency impact as operations stabilise
Budget carrier Wizz Air has shifted towards euro-denominated lease contracts as part of a strategy to counter the effects of economic conditions. The airline has turned in a first-half operating loss of €63.8 million ($63 million) for the six months to 30 September. But a net foreign-exchange losses amounting to ...
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NewsLufthansa reaches pay deal with cabin crew
Lufthansa has struck a pay deal with flight attendants through a collective agreement running until at least the end of next year.
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Airline BusinessWhy Icelandair is banking on flexibility to sustain recovery
Buoyed by record revenue and load factors in the third quarter, airline chief executive Bogi Nils Bogason sees the combination of its connecting model across the Altantic and Iceland’s strong tourist market as positioning the carrier to thrive beyond this summer’s peak
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NewsFinal flights scheduled as Doncaster Sheffield airport nears closure
Attempts to prevent the closure of the UK’s Doncaster Sheffield airport appear to have failed, with the final passenger service set to arrive from Hurghada on 4 November, and a positioning flight departing for Manchester just after midnight on 5 November. Leisure carrier TUI, the airport’s remaining based airline, will ...
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Airline BusinessVueling heads IAG carrier capacity and profits return
Spanish low-cost carrier Vueling is leading the pace in restoring capacity and profit returns among IAG carriers as the group sees all but British Airways and Level operating at or above 2019 ASKs in the first quarter of next year.
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NewsA350 reconfiguration reclaims interior cabin length as well as width
Airbus has gained close to a metre in cabin length by reconfiguring the A350’s interior, including shifting the rear pressure bulkhead further aft and moving the cockpit wall forward. Its updated configuration also includes widening the cabin by 2in either side, through re-sculpting the central fuselage sidewalls, taking the width ...
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NewsAir France-KLM eyes TAP, Transavia and territories for growth as ITA deadline nears
Air France-KLM is studying consolidation opportunities in Europe and beyond as the exclusivity period for negotiations on an ITA Airways stake comes to an end, but also cites firm plans to expand within the limits of its current operations.
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NewsIAG sees full-year operating profit of €1.1bn after confirming strong third quarter
European airline group IAG expects to post an operating profit of €1.1 billion ($1.1 billion) before exceptionals for the full-year after confirming a strong third quarter in which all of its carriers were back in the black.
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NewsAir France-KLM operating profit tops €1bn in Q3 despite Schiphol challenges
Air France-KLM expressed confidence about the winter demand outlook as it reported an operating profit of €1.02 billion ($1.02 billion) for the third quarter of 2022.
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NewsFinnair chief warns of ‘long journey’ to restore company’s financial strength
Finnair Group has turned in its first quarterly comparable operating profit for nearly three years, although it still generated a net loss for the period. The company attributes the performance – a comparable operating result of €35.2 million ($35 million) in the quarter to 30 September – to “pent-up demand” ...
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NewsAirbus expects A321XLR service entry in second quarter of 2024
Airbus has flown all three of its A321XLR test aircraft, but expects entry into service will not take place until the second quarter of 2024. The airframer had previously indicated that its introduction would take place in early 2024, as a result of a delay in the certification campaign to ...
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NewsIAG shareholders agree to 50-strong 737 Max order
Shareholders of British Airways and Iberia parent IAG have approved the company’s plan to purchase 50 Boeing 737 Max, including the high-capacity Max 8-200 and the as yet uncertificated Max 10.
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NewsIAG confirms order for 37 more A320neos after shareholder approval
British Airways and Iberia parent IAG has confirmed an order for 37 A320neo aircraft, after its shareholders approved the purchase on 26 October. The order was announced in late July and followed agreements earlier in the year for 22 A320neo-family jets, meaning IAG has now made firm commitments for 59 ...
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NewsShortage of 787 cockpit windows reflects industry-wide supply constraints: Lufthansa chief
Lufthansa Group chief executive Carsten Spohr continues to insist that the global aviation industry will see constrained capacity for the foreseeable future as it seeks to serve resurgent demand for air travel.
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NewsItalian Carabinieri picks locally built AW119Kx for fleet replacement
Leonardo Helicopters says the 20 AW119Kx light-singles will be built in Vergiate plant in northern Italy, rather than on the type’s usual production line in Philadelphia.
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NewsLufthansa earmarks three A380s for 2023 return and expects more to follow
Lufthansa is planning to return three Airbus A380s to its Munich base from June next year, but is also working on a plan to increase that number.
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NewsParis airports operator raises traffic outlook again
Paris airports operator Groupe ADP has further lifted its passenger traffic expectations for the year after a strong summer performance.
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NewsHeathrow lifts passenger outlook but flags demand return ‘a number of years’ away
London Heathrow airport’s operator still does not expect demand to return to pre-pandemic levels for “a number of years” despite raising its passenger forecast for this year after a strong summer.