Europe – Page 382
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NewsUSA raises tariffs on EU aircraft to 15%
The Office of the US Trade Representative (USTR) raised its tariffs on large European aircraft 15%, up from its 10% levies implemented last October, in an ongoing dispute over subsidies.
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NewsTurkey’s aviation regulator confirms AtlasGlobal suspends flights
Turkey’s directorate general of civil aviation has confirmed that struggling carrier AtlasGlobal has suspended flights and is to file for bankruptcy.
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NewsWorld gradually shifting to resist corrupt practices: Airbus chief
Airbus chief Guillaume Faury believes there is an increasing global resistance to corrupt practices from which the airframer is set to benefit in its efforts to combat risks of non-compliance. The company is recovering from a hefty €3.6 billion penalty imposed through a deferred prosecution agreement to settle allegations of ...
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NewsEl Al to serve third London airport with Stansted link
Israeli carrier El Al is to re-open a connection to London Stansted, more than a decade after it last operated to the airport. El Al is to conduct flights to Tel Aviv using Boeing 737-800s. It will operate five-times weekly on the route from 28 June with flights initially continuing ...
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NewsA220 break-even pushed back to mid-2020s
Airbus is pushing back the estimate for A220 programme break-even to the middle of the current decade, several years later than the 2020 timeline for which Bombardier had been aiming. It has disclosed that it has taken a larger share, 75%, of the programme by picking up part of Bombardier’s ...
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NewsNorwegian yet to find profitable long-haul model: chief
Norwegian’s new chief executive Jacob Schram has acknowledged that the Scandinavian budget carrier has yet to find a way of making its long-haul operation profitable.
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NewsFrance, Germany launch FCAS demonstrator phase
A Franco-German future combat air system (FCAS) initiative formally launched at last year’s Paris air show has secured approval to move into its demonstrator phase.
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NewsAirbus takes hit as A400M faces export hurdles
Airbus incurred a fresh €1.2 billion ($1.3 billion) charge against its A400M tactical transport programme in the fourth quarter of 2019, having “reassessed its assumptions on future export deliveries”.
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Airline BusinessWhy Ryanair is still more likely to bide its time than bid for Air Italy
Ryanair’s move to hold a press conference in Milan today sparked some press speculation that the low-cost carrier was about to make a bid for the assets of collapsed carrier Air Italy.
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Airline BusinessNorwegian counts costs of 737 Max and Trent 1000 disruptions
Norwegian estimates that disruption from the Boeing 737 Max grounding and ongoing issues with the Rolls-Royce Trent engines on its 787 fleet have led to a combined NKr1.7 billion ($183 million) net loss for 2019.
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NewsA330-800 secures joint European and US certification
European and US authorities have granted joint type certification to the Airbus A330-800, the smaller variant of the re-engined A330neo family. FlightGlobal had earlier reported that the aircraft was set to receive European Union Aviation Safety Agency and US FAA certification on 13 February. Airbus has confirmed that both authorities ...
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NewsAirbus takes €100m charge to restructure key fuselage supplier
Among the charges disclosed by Airbus in its full-year financial results is a €103 million figure relating to efforts to turn around German aerostructures firm Premium Aerotec. Airbus says the charge relates to a restructuring plan for the Augsburg-based company which is intended to improve the company’s position. “We want ...
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NewsNorwegian plans deeper capacity cuts in bid for 2020 profit return
Restructuring low-cost carrier Norwegian is targeting a net profit for the coming year on deeper capacity cuts after progress on its turnaround in 2019 was clipped by the impact of the Boeing 737 Max grounding and Rolls-Royce engine issues.
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NewsAirbus to cut A330 output and keep A350 rate level
Airbus is to cut production of its A330 line to 40 aircraft this year, and will keep A350 monthly output to between nine and 10 aircraft. The decision is a consequence of “overall customer demand” in the twin-aisle sector, says the airframer. Chief executive Guillaume Faury, speaking in Toulouse on ...
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NewsAegean reveals rebrand as first A320neo arrives
Aegean Airlines has unveiled its new livery on the first Airbus A320neo to be delivered.
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NewsAirbus sees ‘clear path’ to small hike in A320 production
Airbus indicates that it sees potential for a further small hike in A320-family monthly production rates beyond the 63 already planned for 2021. The airframer says it “sees a clear path” to increasing the rate by one or two aircraft per month for 2022 and 2023 – potentially taking the ...
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NewsPenalties cut into Airbus full-year performance
Heavy penalties on Airbus imposed under the €3.6 billion deferred prosecution agreement, as well as other charges, have cut into the company’s full-year results, leading to its formally reporting a consolidated net loss of €1.36 billion. The penalty is part of an overall €5.6 billion negative impact on the full-year ...
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NewsAirbus takes 75% of A220 programme as Bombardier exits
Airbus is increasing its share in the A220 programme to 75%, with the Canadian government’s Investissement Quebec holding the 25% balance, as Bombardier exits from the former CSeries partnership. The European airframer has confirmed that, under the revised ownership agreement for Airbus Canada Limited Partnership, the Investissement Quebec share will ...
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NewsNew Air Baltic A220 latest to suffer engine failure
Investigators have disclosed that a new Air Baltic Airbus A220-300 which diverted to Bordeaux on 12 February had suffered an engine failure. While the details of the failure, in the left-hand Pratt & Whitney PW1500G powerplant, have yet to be disclosed, the incident follows a series of engine failures on ...
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NewsTurkey’s AtlasGlobal reportedly set to halt flights again
Turkish media are reporting troubled local operator AtlasGlobal is to cease operations again, less than two months after restoring flights.