Europe – Page 258
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News
Wizz chief sees network diversification key to easing crisis impact
Wizz Air chief executive Jozsef Varadi believes the airline’s network diversification in recent months will help the low-cost carrier better ride out the coming months of the coronavirus crisis.
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Airbus delivers 39 aircraft but records just a single order in August
Airbus recorded a single order during August, for one corporate A320neo which was received from a private customer. It took the airframer’s overall net order total this year to 303 aircraft. Total deliveries over the first eight months of the year reached 284, the manufacturer’s latest backlog figures show. This ...
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Lufthansa makes case for expanding airport Covid testing scheme
Lufthansa has disclosed that 150,000 passengers were monitored for Covid-19 at the Frankfurt airport testing facility it opened in late June with Fraport and Centogene, and about 1% of samples taken over the last six weeks gave a positive result for the disease.
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Experienced crew struggled with instrument flight after 737 lost autopilots
Spanish investigators have detailed an unusual incident in which a Boeing 737-500 crew struggled to control the aircraft after the autopilots failed, even though all the instruments needed to operate the flight remained fully functional. Operated by Lithuanian carrier Klasjet, the aircraft had departed Madrid Barajas for Kaunas on 5 ...
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EasyJet latest to scale back capacity amid travel restrictions
EasyJet has become the latest European carrier to cut capacity plans in the light of demand being negatively hit by increased travel restrictions.
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UK to set out ‘aviation recovery strategy’ this autumn
UK ministers intend to publish an ”aviation recovery plan” this autumn setting out how they will get the sector back on track, as industry stakeholders continue to press for action amid the stalled restoration of passenger services.
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TAP awarded first €500 million of state rescue loan
TAP Portugal has received just under €500 million ($591 million) of its potential €1.2 billion state rescue loan from the Portuguese government, the airline has disclosed. In June, the European Commission approved Portugal’s plan to lend the carrier up to €1.2 billion to help address “immediate liquidity needs” arising from ...
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Supersonic passenger aircraft research in line for Russian federal grant
Creation of a Russian supersonic passenger aircraft research centre has been selected for funding by the federal government. The aim of the scientific centre is to establish a world-class technological knowledge base for conceptual design and aerodynamic analysis of an aircraft with low sonic boom. This work on key technological ...
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EU-China bilateral safety agreement comes into effect
A bilateral safety agreement between European and Chinese aviation regulators came into effect on 1 September, paving the way for simpler evaluation and certification processes for airframers of the two regions. The European Union Aviation Safety Agency says it held a joint meeting with its Chinese counterparts on 3 September, ...
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Stobart confirms Falko among possible buyers for regional unit
Stobart Group has confirmed it is in ‘early stage’ discussions with a number of parties including Falko Regional Aircraft over the possible sale of its regional arm Stobart Air and aircraft lessor Propius.
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EC clears €200m Italian aid for Alitalia
A direct government grant of almost €200 million ($236 million) to Alitalia has been approved by the European Commission to compensate the airline for damage caused by the Covid-19 pandemic.
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Airline Business
Airline coronavirus recovery tracker: September 2020 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, airport passenger throughput, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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Virgin Atlantic to cut 1,150 more jobs after restructuring approved
UK carrier Virgin Atlantic is to cut a further 1,150 jobs after formally securing court approvals for a restructuring plan which will unlock £1.2 billion ($1.6 billion) worth of refinancing.
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Airbus redesigns A350 control panel to resist liquid spillage
Airbus has developed a new liquid-resistant integrated control panel for the A350, designed to avoid the risk to engine systems from accidental drink spillage in the cockpit. Its development follows two incidents, in November last year and January this year, in which A350-900s diverted as a result of uncommanded engine ...
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Ryanair eyes liquidity boost as it targets €400m from share issue
Ryanair is to launch a share issue aimed at raising gross proceeds of around €400 million ($475 million) to help de-risk the group’s debt repayments and better position it to capitalise on fresh growth opportunities in the market
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Airports join airline call for European winter slot waiver
Airports grouping ACI Europe has joined forces with airline bodies and slot coordinators to agree a theoretical framework for a waiver of the 80:20 “use it of lose it” rule during the upcoming northern hemisphere winter season.
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Heathrow airport begins formal consultation on cuts as union talks stall
Heathrow airport has formally initiated consultations with unions over salary cuts as it battles the fallout of the sharp drop in traffic due to the global pandemic.
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Jet2 sees winter bookings slow but bright picture for summer 2021
UK leisure carrier Jet2 is hopeful of offering capacity close to 2019 levels next summer after citing encouraging forward bookings for the period.
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Heathrow boss urges pre-board virus trial on New York flights
John Holland-Kaye claims checking passengers for Covid-19 at airport, using emerging technology, could kick-start traffic on one of world’s busiest routes
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UK court formally backs Virgin Atlantic restructuring plan
Virgin Atlantic has completed another step in its planned recapitalisation after a court today approved its restructuring plan.