All Europe articles – Page 245
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NewsSAS poised to re-open European summer routes if restrictions ease
Scandinavian operator SAS is preparing to re-open 180 routes for the summer within the Nordic region and Europe, believing that vaccination programmes are set to ease travel restrictions. The airline is continuing to suffer heavily from the air transport crisis, turning in a pre-tax loss of SKr1.94 billion ($234 million) ...
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NewsNorwegian gives update on progress in settling with lessors
Norwegian continues to make progress in settling leases and other contracts with creditors under its Irish restructuring process, but faces opposition from some parties.
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NewsAirline industry might burn through $95bn in cash this year: IATA
The global airline industry might continue to burn cash into 2022 amid uncertainty over when governments will release travel restrictions, according to a range of scenarios presented by IATA.
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NewsInfluential Lufthansa Group shareholder Thiele dies
German entrepreneur Heinz-Hermann Thiele has died, a year after he emerged as a substantial shareholder in Lufthansa Group and threatened to reject a crucial bail-out for the airline company. Thiele was the majority shareholder and deputy chair of rail and commercial vehicle systems supplier Knorr-Bremse. The company says he “passed ...
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Airline BusinessEuropean airlines pine for summer recovery
Amid the endless months of lockdown, the rollout of vaccines has been the light at the end of the tunnel for European airlines desperate to begin generating cash again.
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NewsHeathrow Airport losses top £2 billion in pandemic-hit 2020
London Heathrow airport’s operator ended last year with enough liquidity to see it through until 2023 after a dreadful 12 months in which it lost just over £2 billion ($2.8 billion).
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NewsScottish government selects preferred bidder for Prestwick airport
Scotland’s cabinet secretary for transport has disclosed that a preferred bidder has been chosen for Glasgow Prestwick airport. Michael Matheson was responding to a question in parliament on 23 February regarding progress on returning the airport to the private sector. The government acquired the airport from New Zealand’s Infratil in ...
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NewsKLM takes delivery of first Embraer 195-E2 jet
KLM Royal Dutch Airlines has taken delivery of its first Embraer 195-E2 jet for its Cityhopper subsidiary, as the carrier continues its fleet renewal with more efficient regional aircraft.
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NewsVolotea sees growth after switch to all-Airbus fleet
European carrier Volotea could add four further Airbus narrowbodies to its fleet this summer after completing the withdrawal of its Boeing 717 fleet.
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NewsUK bookings surge on lockdown exit plan
Airlines have seen a jump in UK ticket sales in the hours after the government published information on the national plan for exiting lockdown.
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NewsAir Europa negotiates lease deferrals
Lessors are discussing new rent-deferral arrangements with Air Europa as the Spanish carrier navigates towards fresh state-backed financial support, sources have told Cirium.
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NewsLithuanian start-up carrier Heston ties up with lessor Genesis
Irish-based lessor Genesis is supporting the establishment of a new Lithuanian charter and wet-lease carrier, Heston Airlines, in co-operation with consolidated aircraft trading and maintenance firm Heston Aviation. Heston Airlines is applying for a European air operator’s certificate and has obtained an initial Airbus A320, configured with 180 seats. Chief ...
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NewsEASA shapes certification basis for Liberty ‘flying car’ gyroplane
European safety authorities have finalised a certification basis for a convertible roadworthy rotorcraft, the PAL-V Liberty gyroplane, enabling its developer to accelerate compliance demonstration. The European Union Aviation Safety Agency says the certification specifications for rotorcraft are aimed primarily at helicopters and are “not fully adequate” to prescribe a basis ...
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NewsNorwegian proposes haircut for creditors
Norwegian’s creditors are set to take a significant haircut on their debts under a capital-raising exercise the carrier is planning under its restructuring processes. In a 19 February stock-exchange filing, the Scandinavian low-cost carrier says it intends to issue NKr1.88 billion ($221 million) of perpetual subordinated convertible bonds and retained ...
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Airline BusinessAirline Business special: CEOs to watch in 2021
As the Covid-19 crisis moves into its second year, we feature some of the airline chiefs whose success or otherwise will be bellwethers of the industry’s recovery in 2021.
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NewsBritish Airways secures £2bn loan facility from 11 banks
HSBC, Deutsche Bank, Credit Suisse, Standard Chartered, Santander and Citi are among the 11 banks in the syndicate that has extended a £2 billion (£2.8 billion) guaranteed loan facility to IAG-owned British Airways, Cirium understands.
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NewsUK bans operations with PW4000-powered 777s
UK regulators have imposed a ban on operating Boeing 777s fitted with Pratt & Whitney PW4000-112 engines until protective action is carried out, following the powerplant failure on a United Airlines 777-200 over Denver. The UK Civil Aviation Authority says it is taking the “precautionary measure” until “appropriate safeguards” are ...
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NewsDutch probe shedding of 747 freighter engine parts over Maastricht
Dutch investigators have opened an initial probe into an incident in which a Boeing 747-400 freighter apparently shed engine parts after departure from Maastricht. The aircraft had “engine problems” and lost several metal parts after it took off from Maastricht-Aachen airport on 20 February, before diverting to Liege, says the ...
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NewsS7 Airlines takes delivery of its first 737-800 converted freighter
Russian carrier S7 Airlines has taken delivery of the first of a pair of Boeing 737-800 converted freighters. The aircraft are being leased to the airline by GECAS. Freight division S7 Cargo will take responsibility for commercial management of the 737-800BCF aircraft’s capacity. The first aircraft (VP-BEN) was transferred to ...
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NewsAir France-KLM aims to emerge leaner from Covid-19
Air France-KLM has warned that, with no sign of a recovery from currently dire trading conditions, it plans to shrink and become a leaner, more efficient outfit.