All Europe articles – Page 149
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NewsSAS secures court approval to continue operating under Chapter 11
Scandinavian carrier SAS has obtained court approval to continue operating as normal, following its filing for US Chapter 11 protection. The company has been granted clearance to continue operating as an airline, pay employees’ wages, suppliers’ fees, and taxes, and honour customer programmes including its EuroBonus loyalty scheme. SAS had ...
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NewsJet2 chair lambasts ‘atrocious’ service from ‘ill-prepared’ UK airports
UK budget carrier Jet2’s executive chair has issued a scathing opinion over the readiness of its base airports to deal with recovering passenger demand, describing them as being “woefully ill-prepared”. Philip Meeson says “most” of the airline’s 10 base airports in the UK have been “poorly resourced” for the volume ...
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NewsAn-124 successor tweaked to feature winglets and larger cross-section
Russian developers have tweaked the design of a proposed successor to the Antonov An-124 to increase its capacity, and assess the potential benefits of winglets. The proposed design – tentatively designated the ‘Slon’, a word meaning ‘elephant’ – has been undergoing windtunnel tests at the Central Aerohydrodynamic Institute. Previous testing ...
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NewsRussia poses tough EW problem for Ukrainian UAVs: RUSI
A new think tank report highlights the challenge that Russian electronic warfare (EW) poses for Ukrainian unmanned air vehicles (UAVs).
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NewsLogistics entrepreneur Kuehne overtakes state as largest Lufthansa shareholder
Logistics entrepreneur Klaus-Michael Kuehne has increased his stake in German flag-carrier Lufthansa, becoming the largest single shareholder in the company. Lufthansa Group filings show that Kuehne raised his stake on 5 July from just over 10% to a little more than 15%. The company states that its shareholder structure, as ...
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NewsFBI, MI5 cite aerospace sector in warning about CCP espionage
The counterintelligence agencies of the United Kingdom and USA have issued a stark warning about the espionage risk the Chinese Communist Party (CCP) presents for western businesses, citing examples in the aerospace industry.
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NewsVertical Aerospace picks battery cell supplier for VX4 eVTOL
Vertical Aerospace has selected the Taiwanese firm Molicel to supply high-power battery cells for the company’s VX4 electric vertical take-off aircraft. The two sides have entered a partnership which will result in Molicel providing its cell technology for integration with Vertical Aerospace’s battery-pack design. Vertical Aerospace says the agreement will ...
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NewsBritish Airways recruits KLM operating chief de Groot
KLM chief operating officer Rene de Groot is to step down from his role to take up the same position at British Airways.
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NewsVirgin continues Florida push with Heathrow-Tampa service
Virgin Atlantic is to launch year-round flights from London Heathrow to Tampa from this November, marking the first service to the Florida city from the London airport.
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NewsUS support for Ukraine includes 20 Mi-17s, 700 Switchblades
The US Department of Defense has provided over 20 Mil Mi-17 helicopters in addition to other airpower support to Ukraine.
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NewsAeroflot Group to consolidate MRO capabilities within A-Technics subsidiary
Russian flag-carrier Aeroflot is to reinforce its maintenance capabilities by transferring infrastructure and personnel to its specialised technical subsidiary A-Technics. It intends to complete the transfer of production facilities – including hangar complexes at Moscow Sheremetyevo – and re-assignment of qualified staff by the end of this year. As a ...
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NewsSAS’s largest creditors include state bondholders and loan providers
Initial US Chapter 11 filings from Scandinavian carrier SAS show that government loans and hybrid bonds make up the most significant unsecured creditor claims against the company. Just under $600 million in state hybrid bonds, plus another $161 million in commercial hybrid bonds, are listed with Intertrust Group which acts ...
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NewsSAS Chapter 11 filing 'accelerated' to protect company: chief executive
SAS chief executive Anko van der Werff insists the pilot strike affecting the company did not directly trigger its US Chapter 11 filing, but has accelerated the decision to seek court protection. The board made the decision on 5 July to proceed with the filing, the day after SAS pilots ...
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NewsSAS files for US Chapter 11 protection to push through restructuring
Scandinavian operator SAS has voluntarily filed for US Chapter 11 bankruptcy protection, as part of its efforts to push through a comprehensive restructuring of its business. Through the court-supervised process it aims to reach agreements with its main stakeholders, restructure its debts and reconfigure its aircraft fleet. It expects the ...
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NewsStar Alliance ties up with Deutsche Bahn to offer air-rail interchange
German rail operator Deutsche Bahn is to become a non-airline partner of Star Alliance, offering surface connections to passengers of the carrier group later this year. Deutsche Bahn will be the alliance’s first intermodal partner from 1 August. It states that the tie-up will “intelligently connect” air and rail, and ...
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NewsTAP A330neo threw up dust during near-overrun take-off from Angola
Investigators believe a take-off performance miscalculation at Luanda meant a TAP Air Portugal Airbus A330neo became airborne at the far end of the runway after a late increase in thrust. The A330-900 (CS-TUL), with a take-off weight of 191.3t, was bound for Lisbon on 12 April. Although the twinjet had ...
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PodcastAirline Business Podcast: IATA AGM talking points and A380 return
Graham and Lewis consider the main talking points from the recent IATA AGM in Doha, at which the association outlined an improved economic outlook for the industry. At the same time as better news on Covid restrictions being dropped, however, executives also acknowledged a new set of headwinds. They also ...
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NewsEasyJet operating chief resigns
Peter Bellew has resigned from his position as EasyJet’s chief operating officer to “pursue other business opportunities”, the UK-based low-cost carrier announced on 4 July. EasyJet’s statement to the London Stock Exchange does not suggest the decision relates to the operating challenges faced by the carrier in recent months. Bellew ...
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NewsSAS warns 'reckless' pilots' strike threatens carrier's survival
SAS is warning that industrial action by pilots is reckless and threatens the survival of the company, after it failed to avert a strike by cockpit crews. Efforts at mediation had twice deferred a strike notice, pushing it back from 29 June until 4 July. But SAS says the members ...
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NewsVallair prepares to convert A330s under new Class-E freighter programme
French engineering specialist Vallair has unveiled a Class-E cargo modification for Airbus A330-300s, which is intended to offer a quick low-cost alternative to full freighter conversion. The upper-deck modification – which will offer a 60t payload and range of some 4,200nm – is designed to “bridge the gap” for operations ...