Europe – Page 31
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Airline BusinessWhy growing Ryanair expects European short-haul capacity to fall this summer
Ryanair believes that European short-haul capacity will be down year on year in the coming summer season, leaving it significantly below pre-Covid levels, in a development that will support higher fares.
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NewsCanadian investment firm CDPQ establishes new lessor with SMBC Aviation Capital
Canadian investment company CDPQ is tying up with SMBC Aviation Capital to establish a new leasing and aircraft finance platform. It will be worth $1.5 billion – sourced from $500 million annual investment over three years – and focus on modern, next-generation aircraft. The new platform will operate under the ...
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NewsO’Leary: Ryanair would pick up early Max 10 deliveries if United turns them down
Ryanair chief executive Michael O’Leary has chided United Airlines over its stance on the Boeing 737 Max 10, adding that the Irish budget carrier will pick up any deliveries the US airline opts not to take.
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NewsRyanair sees improvements in Boeing quality but more work needed: O’Leary
Ryanair expects to be seven Boeing 737 Max jets short of its pre-summer delivery target, but the carrier has observed an improvement in quality of the aircraft arriving from the airframer.
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NewsUSA approves F-16 sale to Turkey alongside F-35s for Greece
The long-stalled deal to provide Turkey with 40 Lockheed Martin F-16V fighters was approved by arms regulators, who simultaneously advanced a proposal to sell 40 F-35A stealth fighters to Greece – orders worth a gargantuan $31.6 billion to Lockheed.
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NewsCroatia approved for $500m Black Hawk purchase
Arms export regulators at the US Department of State signed off on the deal between NATO member Croatia and US helicopter maker Sikorsky for eight UH-60 Black Hawk multi-role rotorcraft.
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NewsBiden asks Congress to approve F-16 sale to Turkey
US President Joe Biden has asked lawmakers in Congress to approve a sale of 40 Lockheed Martin F-16V fighters to Turkey, after the NATO country approved a request by Sweden to join the Euro-Atlantic military alliance.
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NewsScottish carrier Loganair’s chief steps down as final Saab 340 retires
Scottish regional carrier Loganair’s chief executive, Jonathan Hinkles, is stepping down from his position with immediate effect. Hinkles has been with the carrier for over seven years. He disclosed the decision as Loganair withdrew the last of its Saab 340 turboprops, which the carrier marked with a ceremony on 25 ...
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NewsSJ-100 aerodynamic analysis aims to reduce wake vortex effects
Russian researchers have completed another phase of analysis of the domestically-powered Yakovlev SJ-100, examining its aerodynamic characteristics during take-off and landing.
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NewsAccusations fly following loss of Russian Il-76
Accusations and confusion surround the shooting down of a Russian air force Ilyushin Il-76 transport near the Russian city of Belgorod on 24 January.
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NewsIcing considered most likely cause of climbing PC-24’s jammed elevator
UK investigators have been unable to determine why a Pilatus PC-24 jet’s elevator jammed during climb out of Liverpool, but point to the possibility that accumulated ice obstructed the aircraft’s control surfaces. Two pilots were the only occupants of the jet which was conducting a flight to Birmingham on 9 ...
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Airline BusinessHow is Wizz Air handling impact of Middle East war and GTF groundings?
Few airlines in Europe were more exposed to two of the industry’s biggest headwinds in the final three months of 2023 than Wizz Air.
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NewsCommission initiates deeper probe into latest IAG-Air Europa tie-up bid
IAG’s latest attempt to acquire Spanish carrier Air Europa is being referred for in-depth investigation by the European Commission over competition concerns.
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NewsWizz Air swings to loss in ‘tricky’ final quarter of 2023
European budget carrier Wizz Air swung to a net loss in the October-December 2023 quarter, as geopolitical and supply chain challenges weighed on its financial performance.
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NewsNorse Atlantic to explore strategy options including part-ownership by another carrier
Scandanavian low-cost long-haul carrier Norse Atlantic Airways indicates it is exploring part-ownership by another airline as an option for its future strategy. Norse Atlantic serves transatlantic routes using a fleet of Boeing 787s. The company has been engaged in rounds of fundraising, through share issues, to shore up liquidity over ...
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NewsRussia’s Aurora reaches agreement on supply terms for new TVRS-44 turboprop
East Russian carrier Aurora Airlines has signed an agreement of intent covering the supply of UZGA TVRS-44 Ladoga regional turboprops, in order to increase transport accessibility in the area.
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NewsNorse Atlantic attracts about 70% take-up from latest share issue
Norse Atlantic Airways has received subscriptions for about 70% of the shares offered in its latest stock issue.
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NewsNorth Macedonia picks Leonardo’s AW149 and AW169M for rotorcraft renewal
North Macedonia’s defence ministry has selected Leonardo Helicopters to equip its armed forces with a new fleet of AW149 and AW169M rotorcraft.
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NewsEasyJet loses more than £40m to Middle East war but confident on summer
EasyJet reports bookings and yields for its key summer season are trending higher year on year, after its losses during the October-December quarter were exacerbated by the Israel-Hamas war.
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NewsAir France to open transatlantic service to new US destination
SkyTeam carrier Air France is to open a new transatlantic service this year, operating to the US city of Phoenix.