All Europe articles – Page 247
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Airline BusinessAirlines anxiously await international rescue as variants trump vaccines
Concerns about variants of Covid-19 are spoiling what was, towards the end of 2020, expected to be a turning point for international air travel.
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NewsGerman government finalises airport support package
The German government has agreed a financial support package for airports under which the nation’s 15 largest gateways will receive more than €600 million ($725 million).
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News2020 was worst for European airport traffic in 25 years
Trade body ACI Europe is calling for further financial support for European airports as they struggle for survival after a year in which passenger volumes fell back to levels last seen 25 years ago.
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NewsFrench shipping giant CMA CGM to enter air cargo market with A330-200Fs
French logistics and sea transport firm CMA CGM is branching into air freight operations, with the introduction of services using four Airbus A330-200Fs. The company is establishing a new division, CMA CGM Air Cargo, which will be dedicated to air freight services. It states that the strategic move is intended ...
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NewsPandemic could speed up sustainable ‘reset’ of aviation: webinar
Disruptive alternative propulsion will not come to aviation in leaps and bounds, but will require time, significant investment and partnerships between major manufacturers and small, nimble start-ups
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NewsJet2 raises £422m to guard against ‘unpredictable shutdown’
Jet2 has raised £422 million ($582 million) through an equity issue aimed at ensuring it has sufficient liquidity in the event of an “extended and likely unpredictable shutdown”.
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NewsBahrain military picks up former Braathens RJ100
Bahrain’s air force is to receive another BAE Systems Avro RJ100, one of the 10 Avros which had been withdrawn from the fleet of Swedish carrier Braathens Regional Airlines. Braathens Regional had been operating eight RJ100s and a pair of RJ85s but put the aircraft on the market, through Skyworld ...
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NewsEuropean aviation proposes framework for net-zero CO2 by 2050
Five industry associations have joined forces to propose a plan for European aviation to reach net-zero CO2 emissions by 2050.
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NewsMEPs back plan to ease airport slot rules for summer 2021
Members of the European Parliament have backed proposals to ease slot rules for the forthcoming summer season under which airlines only have to use half their airport slots in order to retain them for the following year.
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NewsStart-up Flyr plans listing on Norwegian stock exchange
Norwegian start-up Flyr will apply for a listing on the Oslo stock exchange’s Euronext Growth market as it seeks to raise NKr600 million ($70 million) from private equity investors. The airline has already secured NKr165 million from cornerstone investors, giving the airline an initial valuation of NKr750 million. Investors already ...
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NewsAirbus and Air France spearhead Paris bid to advance hydrogen-hub airports
Airbus and Air France-KLM are joining airports operator Groupe ADP and other French entities to explore the use of hydrogen at Parisian airports. They are seeking projects focused on storage and distribution of gaseous and liquid hydrogen within airports, options for hydrogen recycling, and diverse uses of hydrogen in aeronautics ...
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NewsLessor NAC stands firm as minister hints at Garuda CRJ1000 axe
Leasing firm Nordic Aviation Capital is acknowledging negotiations with Garuda Indonesia with regards to Bombardier CRJ1000s it supplied to the flag-carrier, as a result of pandemic-related financial pressures on the airline. But it is insisting that it will hold Garuda to its obligations, after an Indonesian minister stated that he ...
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NewsVirgin Atlantic expects early-summer passenger demand recovery
UK carrier Virgin Atlantic has written off the normally busy Easter travel season and now expects a recovery in passenger numbers to begin in May-June, chief executive Shai Weiss has indicated. Noting that he has been forced to repeatedly push back his expectations for a recovery in travel demand, Weiss ...
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NewsIrish MRO firm takes over Flybe A400M servicing division
Collapsed UK regional operator Flybe’s former aviation maintenance service at Brize Norton has been acquired by Irish-based Atlantic Aviation Group. Flybe Aviation Services had been working on the Royal Air Force’s Airbus Defence & Space A400M transports at the facility under a 2014 contract. It stated at the time that ...
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NewsUK mandates hotel quarantines for returning red-list passengers
The UK is to launch mandatory hotel quarantines for UK and Irish residents returning from “red list” states where transmission rates of Covid-19 are high. “In short, this means that any returning residents from these countries will have to quarantine in an assigned hotel room for 10 days from the ...
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NewsSwissport names former EasyJet executive as new chief
Restructuring ground handler Swissport International has appointed Warwick Brady, currently head of the recently rebranded Stobart Group, as its new chief executive, enabling Christoph Mueller to take up the chairman role with the Swiss firm.
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NewsAirbus lines outside Europe delivered most aircraft in January
Airbus’s delivery figures for January were unusual because, as a result of the air transport crisis, the majority of aircraft were handed over from its non-European final assembly lines. The airframer has five sites with assembly lines – in Toulouse, Hamburg, Tianjin, Mobile and Montreal – with the two European ...
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NewsBA eyes UK alcohol-to-fuel plant after sustainability tie-up with LanzaJet
British Airways is the latest carrier to tie up with a sustainable alcohol-to-fuel initiative established last year by carbon recycling and biotechnology firm LanzaTech. Its agreement involves not only the supply of fuel but initial exploration into a possible biorefinery for the airline in the UK. UK long-haul carrier Virgin ...
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NewsTUI sees vaccine roll-out key to sparking summer travel
Travel firm TUI Group is taking encouragement that a rapid roll-out of vaccines will help fuel a return to travel even as its latest quarterly results showed the company continuing to be hammered by the Covid-19 pandemic.
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NewsIcelandair focuses on cash preservation as pandemic resurgence bites
Icelandair transported just 14,000 passengers during December 2020, but even this figure was more than the October and November totals combined. Fourth-quarter revenues for Icelandair Group amounted to just $60 million to 31 December, down by more than 80%, while pre-tax losses for the period reached $97 million. It attributes ...