All Europe articles – Page 23
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IAG starts another round of share buy-backs to support Air Europa acquisition
British Airways and Iberia parent IAG is pursuing another share buy-back programme intended to support its proposed acquisition of Spanish operator Air Europa.
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Airbus could still pick up Spirit AeroSystems entities in Scotland and Malaysia
Airbus’s framework agreement with Spirit AeroSystems shows that the aircraft manufacturer might yet acquire Scottish or Malaysian operations of Spirit if a third-party buyer does not emerge. Both Sprit’s Glasgow Prestwick division and its Subang airport arm in western Kuala Lumpur supply components for Airbus programmes. Neither has been included ...
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Air France-KLM flags summer bookings hit from Paris Olympics
Air France-KLM has warned that travellers avoiding Paris due to the forthcoming Olympic Games could cause a revenue hit of up to €180 million ($193 million) at its French operations.
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Airbus chief: Acquisition of Spirit A350 and A220 work unexpected but necessary
Airbus chief executive Guillaume Faury admits that the airframer was not expecting to be negotiating an acquisition of key aircraft programmes from beleaguered US firm Spirit AeroSystems, but insists it is necessary and that Airbus is ready to absorb them.
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CargoLogicAir administrators wrestle to recover deleted vital records
Joint administrators of former UK-based freight carrier CargoLogicAir are pressuring software specialist Microsoft to recover essential financial data, after records were deleted when user access was withdrawn. CargoLogicAir, which operated a fleet of Boeing 747 freighters, was linked to Russian freight company Volga-Dnepr Group. Sanctions imposed over the Ukrainian conflict ...
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Boeing and Airbus agree to split up Spirit AeroSystems’ operations
Boeing has confirmed it will take over US-based aerostructures firm Spirit AeroSystems in an $8.3 billion agreement, including net debt, with Airbus poised to acquire its key programmes from the company. The all-stock transaction has an equity value of $4.7 billion, with each share of Spirit stock being exchanged for ...
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SAS restructuring aid cleared by European Commission
Scandinavian operator SAS has secured European Commission approval for a restructuring aid package worth up to €1.3 billion ($1.4 billion) intended to support the company’s efforts to achieve long-term sustainability. SAS has been undergoing a restructuring programme – known as ‘SAS Forward’ – while under US Chapter 11 bankruptcy protection. ...
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Finnish Border Guard picks SNC-modified Challenger 650s for Dornier replacement
US firm Sierra Nevada (SNC) has been awarded a $170 million contract to deliver two Rapcon-X surveillance aircraft to the Finnish Border Guard.
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Gotland partners with Elfly and Heart for sustainable flight push
The government of Gotland is to collaborate with electric aircraft manufacturers Elfly Group and Heart Aerospace to achieve a goal of starting zero-emission commercial flights to the Swedish island by 2027.
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Swiss names Lufthansa Group manager Jens Fehlinger as its new CEO
Swiss International Air Lines has named Lufthansa Group manager Jens Fehlinger as its new chief executive beginning on 1 October.
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Fokker Next Gen ditches hydrogen-powered F100 to focus on clean-sheet design
Fokker Next Gen has ditched plans to modify a Fokker 100 to run on hydrogen power to focus entirely on developing a clean-sheet zero-emission airliner for service entry in 2035.
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Geneva airspace restored to full capacity after rainfall flood at air traffic centre
Swiss air navigation service Skyguide has restored full capacity to Geneva airspace, more than two days after flooding disrupted operations an air traffic management control centre. Skyguide says the flooding, following a heavy thunderstorm on 25 June, affected the facility’s data centre and, specifically, the cooling systems. The risk of ...
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Icelandair prepares for Airbus arrival with simulator acquisition
Icelandair is reinforcing its training regime ahead of introducing Airbus single-aisle jets with an A320neo-family simulator.
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New Polish hub airport pushed back to 2032 after government revises programme
Poland’s government has endorsed the country’s new hub airport project, although the programme has been revised and it will not open until 2032.
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Delta and SAS plan far-reaching codeshare deal
Delta Air Lines and Scandinavian carrier SAS plan to launch a broad codeshare arrangement under which they will jointly sell flights across their combined network.
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Denmark to repatriate F-35s stationed in USA as delivery halt drags on
Denmark’s first six F-35A fighters had been stationed at the USA’s Luke AFB, where they were being used to train new pilots and maintenance crews from the Royal Danish Air Force.
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Shipping firm MSC to pick up Rome operator’s stake in Genoa airport
Cruise and logistics firm MSC Group is looking to acquire a 15% shareholding of the company which runs Italy’s Genoa airport.
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Sweden signs contract to acquire third Saab GlobalEye surveillance aircraft
Saab has been awarded a roughly SKr2.6 billion ($245 million) contract to provide a third GlobalEye surveillance aircraft for use by the Swedish air force from later this decade.
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Air India hikes capacity to London Heathrow with A350 deployment
Air India is to increase capacity on the Delhi-London Heathrow route by deploying its new Airbus A350-900s on the sector from September. The airline operates a mix of Boeing 777-300ERs and 787-8s on the route. But from 1 September, it states, 14 of its 17 weekly flights will be operated ...
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Spain’s unmanned SIRTAP flies through its critical design review
Spain’s Airbus Defence & Space-developed SIRTAP tactical unmanned air vehicle (UAV) has cleared its critical design review activity.