All Europe articles – Page 148
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NewsStrike-hit SAS warns it could be forced into ‘radical’ downsizing
SAS is estimating the cost of the pilots’ strike at SKr1-1.3 billion ($94-123 million) over the first 10 days, and warns that it could be forced to resort to selling assets and cutting back its operations. The company – which has filed for US Chapter 11 protection – has been ...
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NewsAir France-KLM firms Apollo’s €500m investment through spare engine pool
Air France-KLM Group has signed a €500 million ($501 million) investment agreement with private equity company Apollo Global Management, after the two sides entered talks for a capital injection earlier this year. The agreement involves investment in an operating affiliate of Air France which will own a spare engine pool ...
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NewsEU considers return to 80:20 airport slot rule but with relief tool
The European Commission has proposed a return to the pre-Covid 80:20 ‘use it or lose it’ airport slot rule in the coming winter season, but with exceptions in the case of significant air-travel disruption.
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NewsVirgin Atlantic unveils A330neo cabin and names Boston as route for October debut
Virgin Atlantic expects to begin operations with its first Airbus A330neo in October this year on its London Heathrow-Boston route, the carrier announced on 12 July as it unveiled its cabin for the type.
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NewsDi Gennaro becomes ATR’s finance chief
Franco-Italian turboprop manufacturer ATR has revealed that longtime aerospace executive Antonio Di Gennaro became the company’s chief financial officer on 1 July.
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NewsHeathrow airport caps daily passengers and tells airlines to halt ticket sales
London Heathrow airport has announced a capacity cap for the peak summer travel season and requested that its airline customers stop selling tickets for the period, citing the challenges posed by the “legacy of Covid”.
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Airline BusinessAirline Business Covid-19 recovery tracker: July 2022 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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NewsA320 just 6ft from terrain collision after pressure-setting error
French investigators have disclosed that an Airbus A320 inbound to Paris narrowly escaped colliding with terrain short of the runway, after an incorrect pressure setting given to the pilots went undetected. Analysis of the serious incident – which took place in poor weather and low visibility – shows the A320 ...
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NewsNorwegian signs pact to to pursue network link-up with Wideroe
Norwegian has signed a letter of intent to co-operate with compatriot carrier Wideroe under a partnership which aims to link their respective networks.
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NewsDeucalion Aviation investor SVPGlobal takes over entirety of company
Investment firm Strategic Value Partners has completely acquired the asset-management company Deucalion Aviation, having previously taken a 50% share. Deucalion manages over 180 aircraft – both single- and twin-aisle, with a core of mid-life models – which are leased to more than 80 operators. Strategic Value Partners has acquired full ...
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NewsUS Navy loses F/A-18 overboard in Mediterranean heavy seas
A Boeing F/A-18 Super Hornet was blown off the deck of an aircraft carrier in the Mediterranean Sea after experiencing ”unexpected heavy weather”.
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NewsSaudi waste-to-fuel plant developer seeks UK price-stabilisation mechanism
Saudi Arabian engineering firm Alfanar is seeking price-protection measures from the UK government as it commits to developing two more sustainable aviation fuel plants in the country. Alfanar is already advancing with an initial £1 billion project – the ‘Lighthouse Green Fuels’ scheme in Teesside, in the north-east – which ...
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NewsWizz Air cuts back summer capacity to contain operational disruption
Budget carrier Wizz Air is limiting summer capacity growth to around 35% compared with the pre-crisis level, in order to reduce risks of operational disruption over the peak period. The airline says it has “further improved the agility and resilience of our network”, measures which include adjusting schedules where a ...
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NewsAirbus fleet forecast simplifies aircraft classifications as single-aisle jets blur boundaries
Increasingly-blurred boundaries between traditional single-aisle and twin-aisle operations have spurred Airbus to simplify aircraft segmentation in its latest 20-year demand forecast. Its outlook to 2041 increases the overall new delivery demand to 39,490 passenger and freighter aircraft – from the previous figure of just over 39,000 – across the next ...
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NewsAirbus forecasts 50% rise in freighter fleet as e-commerce outpaces general cargo
Airbus expects the global freighter fleet to climb above 3,000 aircraft by 2041, with growth in the e-commerce sector outpacing that of general cargo over the next 20 years. The airframer expects deliveries of 2,440 freighters over the two-decade period while the retention of some 630 current aircraft, including those ...
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NewsQantas A350-1000s and undisclosed A350F customer lift Airbus’s widebody orders
Qantas Airways has firmed its order for a dozen Airbus A350-1000s while the airframer has also secured an agreement for another seven A350 freighters, from an undisclosed customer. Two A350 freighters recently identified for Silk Way Airlines, and a single A330-900 for Delta Air Lines, added to a lively end ...
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NewsBoeing plans P-8 deliveries to New Zealand, Germany and South Korea
Transfer of the anti-submarine and rescue aircraft will be completed over the next two years.
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NewsEuropean Parliament backs draft rules to increase availability of sustainable fuel
Members of the European Parliament have adopted new draft rules broadening the definition of sustainable aviation fuels and accelerating availability levels in a bid to achieve 2050 climate targets. Parliament has raised – from 32% to 37% – the European Commission’s original proposal for minimum availability of sustainable fuel at ...
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NewsZeroAvia tightens flight-test regime after Piper crash probe flags pressure points
ZeroAvia has tightened the experimental regime for its hydrogen fuel-cell aircraft testing, including management of commercial pressures, after a UK investigation into a serious loss-of-power accident uncovered safety weaknesses in the programme. The accident, at Cranfield on 29 April last year, involved a modified Piper M350 (G-HYZA) whose single piston ...
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Airline BusinessChanges at the top as airline operational woes continue
The unbecoming spectacle of more airlines cancelling flights – having spent the past two years desperate to ramp-up operations – has continued this week. And while IATA used its recent AGM to play down the scale of the problem, it nevertheless acknowledged that airlines and the wider industry have work ...