Europe – Page 81
-
NewsSAS defers access to remainder of $700m bridging loan
Scandinavian carrier SAS is deferring its access to the second half of its $700 million debtor-in-possession term loan, after a stronger-than-forecast financial performance over the winter which improved its liquidity position. SAS remains under US Chapter 11 protection, and the debtor-in-possession loan – agreed with Apollo Global Management – provided ...
-
NewsSaudia A330 and SkyUp aircraft caught up in assault on Khartoum airport
Saudi Arabian flag-carrier Saudia and Ukrainian operator SkyUp Airlines have confirmed that aircraft in their fleets have been caught up in hostilities at Sudan’s Khartoum airport. Saudia states that one of its Airbus A330s has suffered an “accident” prior to take-off from Khartoum on 15 April. The aircraft was “shot ...
-
In depthLeaked Pentagon documents estimate heavy aircraft losses on both sides of Ukraine conflict
Unverified estimates from classified US government intelligence materials leaked on social media indicate large numbers of aircraft losses for both Russia and Ukraine, including fixed-wing fighters and helicopters.
-
NewsRyanair assessing impact of Boeing’s 737 Max delivery disruption
Irish low-cost carrier Ryanair is “assessing with Boeing” how the US airframer’s move to pause delivery of some 737 Max jets because of a manufacturing error will impact delivery of aircraft due through the end of June.
-
NewsTurkish Airlines aims to double in size under 10-year plan
Turkish Airlines aims to carry 170 million passengers and operate over 800 aircraft by 2033, under a newly unveiled strategic plan which will essentially double the size of the airline over the coming 10 years.
-
NewsA350F orders edge above A330-200F deliveries
Orders for Airbus’s A350 freighter have passed the total number of deliveries for its A330-200F, although the earlier cargo aircraft’s own order backlog had once peaked at nearly 80 jets. Airbus has firmed orders for 39 A350Fs in the 15 months since the first aircraft were recorded in the backlog. ...
-
NewsRussian aerospace forum outlines prospects for supersonic business jets
Former United Aircraft president Mikhail Pogosyan believes there is a market for 600 supersonic aircraft in the business sector, but expects any initial designs to take more than a decade to emerge. Speaking during a forum at the Moscow Aviation Institute, of which he is rector, Pogosyan said the Russian ...
-
NewsUkrainian prosecutors pursue negligence case over An-225 destruction
Ukrainian prosecutors are pursuing a case of alleged official negligence over the destruction of the Antonov An-225 heavy transport during combat at Kyiv’s Gostomel airport. The accusation against the former Antonov general director follows an investigation which found that the An-225 was “not transported from the danger zone”, says the ...
-
Airline BusinessWhy European short-haul travel will become more expensive
Analysts at Bernstein this week became the latest industry observers to suggest that airlines will need to charge more for short-haul air travel as the decade progresses, in response to European Union measures aimed at reducing carbon emissions.
-
NewsCanada’s Air Transat now flying year-round to Marseille
Canada’s Air Transat is firming its foothold in France by extending its seasonal service to the Mediterranean city of Marseille to a year-round flight.
-
NewsAero Vodochody declares successful weapons tests on Next Generation L-39
The Czech aircraft manufacturer says it fired some 230 missiles and dropped more than 50 bombs from the armed version of its latest L-39NG jet trainer.
-
NewsLockheed starts producing F-35s for Poland
Advanced strike fighter manufacturer Lockheed Martin has begun production of F-35s bound for Poland.
-
NewsRussian lessor GTLK turns in heavy net loss as sanctions bite
Russian state lessor GTLK has turned in a full-year net loss of Rb55.8 billion ($683 million) under international standards, its highest ever, which it attributes to international sanctions pressure. The result contrasts with the Rb990 million profit for the previous year. GTLK says the sanctions imposed by various countries have ...
-
NewsFaroese carrier Atlantic Airways plans transatlantic service to New York
Faroe Islands carrier Atlantic Airways is to open a transatlantic service to New York later this year, for a short period. The airline will fly from its Vagar base to New York’s secondary Stewart airport from 22 August. Atlantic Airways will serve the connection weekly. It says it will operate ...
-
NewsCourt awards BOC Aviation over $400m for Russian 747-8F defaults
Lessor BOC Aviation has been granted damages of more than $400 million against Russian freight operators AirBridgeCargo and Volga-Dnepr, over defaults relating to three leased Boeing 747-8Fs. The situation emerged after the Russian invasion of Ukraine in February last year, after which international sanctions were imposed on Russian carriers and ...
-
NewsGlobal airline fleet will grow by one-third over next decade: Oliver Wyman
The global airline fleet has reached 98% of its pre-pandemic size and is projected to grow by one-third more by 2033, according to management consulting firm Oliver Wyman.
-
NewsAir Baltic optimistic after strong first-quarter revenue performance
Latvian carrier Air Baltic is optimistic over its prospects for the year after generating revenues of €104 million ($114 million) for the first quarter. The airline is aiming to reach €700 million for the full year and transport 4.4 million passengers. For the first quarter it carried 770,000 and load ...
-
NewsAirbus seeks A321XLR rapid-descent approval based on A321neo performance
Airbus is asking US regulators to approve A321XLR emergency descent performance based on that for the basic A321neo, arguing that aerodynamic changes to the long-range variant will only have a limited effect. The airframer states that flight-test and analysis data shows the A321neo is able to descend from its certified ...
-
NewsIrish carrier ASL cleared to test freight potential of unmanned aerial vehicles
Irish carrier ASL Airlines has obtained an operator’s certificate for light unmanned aerial vehicles, with which it will test the potential for such craft to expand its freight network. The Irish Aviation Authority has issued the Light UAS certificate to the carrier’s subsidiary ASL Future Flight. ASL Airlines says it ...
-
Airline BusinessAirline Business Covid-19 recovery tracker: April 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.