Europe – Page 60
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Airline BusinessAirline Business Covid-19 recovery tracker: August 2023 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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NewsHow dislodged engine intake cover downed UK F-35B in carrier mishap
Procedural shortcomings around the removal and stowage of protective engine intake covers aboard the Royal Navy (RN) aircraft carrier HMS Queen Elizabeth led to the UK’s loss of a Lockheed Martin F-35B on take-off, a formal investigation has concluded.
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NewsUS imposes sanctions against Belarusian carrier and government jet
US authorities have imposed sanctions against the Belarusian flag-carrier Belavia, as well as a specific aircraft used by the country’s government. Belavia operates the aircraft, a Bombardier Challenger 850 – registered EW-301PJ – which is based on the CRJ200 regional jet. It was originally delivered in 2006 to Canadian private ...
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NewsRomania moves toward $6.5 billion F-35 buy
The Romanian defence ministry has requested parliamentary approval for an initial purchase of 32 Lockheed Martin F-35A stealth fighters, valued at some $6.5 billion.
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NewsTurkish Airlines lifts outlook after strong first half despite cargo decline
Strong demand in the passenger business during the first half has prompted Turkish Airlines to lift its full-year EBITDA expectations, despite a sharp fall in cargo revenues.
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NewsAccounting change brings volatility to Aeroflot’s reinstated financial results
Aeroflot’s reinstatement of financial disclosures earlier this month has given an insight into its performance in the year-and-a-half since the Ukrainian conflict began, although the picture has been complicated by changes to accounting methods and the effect of currency exchange. Application of the new federal accounting standard – which affects ...
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NewsSpun-out AnadoluJet to operate in its own right by summer 2024
Turkish Airlines will roll-out new brand positioning for its recently spun out low-cost operation AnadoluJet in the coming weeks and hopes to have the carrier operating in its own right before next summer.
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NewsTurkish Airlines set for fleet decision ‘soon’ after engine complications
Turkish Airlines expects to announce its major order for 600 aircraft ”soon” after receiving revised proposals from the OEMs and studying options around engines following supply issues.
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NewsLufthansa seals long-term pay deal with pilots
Lufthansa mainline and cargo pilots represented by the Vereinigung Cockpit (VC) union have backed a new collective labour deal which will cover pay terms until at least the end of 2026.
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NewsUSA gives formal approval to begin F-16 training for Ukrainian pilots
The Department of Defense says President Joe Biden gave formal approval for certain NATO allies to begin training Ukrainian aviators on the US-made fighter jet, although such a deal has reportedly been in place since the alliance summit in July.
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NewsTUI back in profit and confident hotter summers create opportunities
TUI Group has reported its first fiscal third-quarter profit since the Covid-19 pandemic, supported by strong demand and high prices in a European peak travel season that has since been marked by heatwaves and widespread coverage of wildfires in Rhodes
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NewsNorwegian secures four-year deal to transport armed forces personnel
Scandinavian budget carrier Norwegian has secured an agreement with the country’s armed forces for defence sector travel over a four-year period. The airline says the contract will begin in the first quarter of next year. Source: InsectWorld/Shutterstock Norwegian values the agreement at around NKr1 billion ($98 million), ...
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NewsTurkish Airlines profit growth run continues into second quarter
Turkish Airlines continued its strong post-pandemic profits run by lifting second quarter operating profits by 50%.
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NewsMNG Airlines and Golden Falcon terminate proposed business combination
Turkish logistics operator MNG Airlines has terminated its proposed business combination agreement with the specialised private equity company Golden Falcon Acquisition. MNG and Golden Falcon had disclosed the proposed combination in December last year, as part of the airline’s strategy to become a publicly-listed US company on the New York ...
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NewsBelgium delays acceptance of new F-35 deliveries
Brussels joins the USA in not accepting F-35s with the new TR-3 configuration, which jet manufacturer Lockheed Martin is still in the process of flight testing.
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NewsNew business-class carrier Bermudair tentatively approved to fly to USA
New regional carrier Bermudair on 7 August received tentative approval of its foreign air carrier permit from the US Department of Transportation (DOT), clearing it to fly to the USA.
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NewsTurkish Airlines and Thai Airways eye Istanbul joint-venture operations
Star Alliance partners Turkish Airlines and Thai Airways have signed a preliminary agreement to deepen their relationship through plans to establish a joint venture on routes through Istanbul.
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NewsGCAP partnership to take centre stage at DSEI show
With the UK’s cross-domain DSEI show to open its doors in just over five weeks’ time, we look ahead to some of the likely highlights of the event, where FlightGlobal will be reporting as aerospace media partner.
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Airline BusinessHow agile Air Serbia is finding a profitable growth path
When it comes to examples of airlines exiting the Covid-19 crisis as bigger, more confident operations, Air Serbia is a compelling case, even as it grapples with the capacity constraints that are being felt across the industry.
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NewsSSJ-New model undergoes aerodynamic flutter analysis
Irkut’s SSJ-New, the successor to the Superjet 100, is undergoing aeroelasticity testing as part of the preparation for the aircraft’s maiden flight. An initial round of flutter tests was carried out in June at the Central Aerohydrodynamic Institute in Moscow. This testing has been conducted with a model of the ...