All Europe articles – Page 254
-
NewsRecovery in flight numbers not likely until 2026: Eurocontrol
Eurocontrol does not expect flight numbers in European airspace to recover to 2019 levels until 2026, according to its latest projection.
-
NewsGovernment reinforces Air Serbia as turbulence rocks Balkan carriers
Serbia’s government has reinforced its position in flag-carrier Air Serbia, as the air transport system of the former Yugoslavia continues to suffer with the collapse of Montenegro Airlines. Air Serbia emerged in 2013 as the former Jat Airways – a successor to Yugoslav operator JAT – underwent a revamp through ...
-
NewsNordica to buy out LOT stake in regional unit Xfly
Estonian carrier Nordica has reached agreement with LOT Polish Airlines to acquire its 49% share in Xfly, making it the sole owner of the regional capacity provider.
-
NewsIAG welcomes UK-EU liberalisation clause as it adapts ownership structure
British Airways and Iberia parent IAG has welcomed the recognition of airline ownership liberalisation contained within the text of the new UK-European Union trade agreement. Ownership has been an issue for IAG during the UK’s withdrawal from the EU, because IAG controls both UK and EU carriers. IAG has been ...
-
NewsSwedish debt authority grants guarantee to regional carrier BRA
Sweden’s national debt office has given a guarantee for a SKr200 million ($24 million) loan intended for Braathens Regional Airways. The guarantee covers 90% of the principal for the loan, which will run for five years. Sweden’s government has mandated the debt office to provide the guarantees to mitigate the ...
-
NewsUS hits Europe with new tariffs on aircraft parts
The Office of the US Trade Representative (USTR) has placed new tariffs on aircraft manufacturing parts as well as some alcohol products from the European Union in an ongoing transatlantic spat about aerospace subsidies.
-
NewsVolga-Dnepr starts restoring An-124 fleet to operation
Russian outsize freight specialist Volga-Dnepr is resuming commercial operations with its Antonov An-124 fleet, a month after suspending use of the type. The operator temporarily withdrew the cargo transporter from service after the 13 November accident at Novosibirsk in which one of its An-124-100s suffered an uncontained engine failure and, ...
-
NewsSecond Alitalia Covid package cleared as earlier state aid probes continue
European competition regulators have cleared a second tranche of Italian aid to national carrier Alitaila as compensation for disruption to travel caused by the pandemic, though its existing state aid probes into Italy’s earlier support for the carrier continue.
-
NewsRyanair restricts voting rights to meet EU ownership after Brexit
Irish low-cost carrier Ryanair is implementing voting-right restrictions on all shares in the company owned by non-European Union nationals from 1 January 2021 to ensure the airline complies with ownership rules once the UK leaves the EU. The measures date back to resolutions put in place in March 2019 to ...
-
NewsWizz Air imposes post-Brexit share restrictions to slash non-EU ownership
Central European budget airline operator Wizz Air Holdings is to implement a plan to align its ownership structure to ensure it continues to meet European Union requirements once the UK’s withdrawal from the EU is finalised on 1 January. Wizz Air Holdings says that, if it does not take action, ...
-
NewsIcelandair agrees sale-and-lease of two more 737 Max jets
Icelandair Group is selling a pair of Boeing 737 Max jets under a leaseback scheme, ahead their delivery next year. The two Max 9s are due to be introduced to the Icelandair fleet in the second quarter of 2021. Icelandair Group says it has entered an agreement with Sky Aero ...
-
NewsUK-EU agreement features review of airline ownership and control rules
Rules governing ownership and control of UK and European Union airlines will be reviewed within 12 months of the entry into force of the new future UK-EU relationship agreement, according to the text of the provisional deal. Under the current situation, EU airlines must be majority-owned by EU interests. Once ...
-
NewsStruggling Montenegro Airlines to cease operations
Montenegro Airlines is to cease all operations, attributing the decision to the refusal of the country’s government to continue supporting the carrier. It states that it will “completely suspend” its services from 26 December. Montenegro Airlines has apologised to passengers for the problems this will cause over the next few ...
-
NewsUnited to require negative covid test for US-bound passengers from the UK
United Airlines will begin requiring US-bound passengers from the UK to show proof of a negative coronavirus test result as a more virulent strain of the virus continues to tear across southern England.
-
NewsAirbus relieved over post-Brexit deal but yet to analyse details
Airbus is yet to assess the consequences of the newly-agreed future relationship between the UK and the European Union. But it believes the “potential disruption” which would have arisen from failure to reach a post-Brexit agreement “has been avoided”. Airbus chief executive Guillaume Faury says he “welcomes” the deal, unveiled ...
-
Airline BusinessHow many jobs have Europe’s airlines cut in 2020?
Tens of thousands of jobs have been lost in Europe’s airline sector since the crisis began, as carriers seek to reduce cash burn and ‘right-size’ for the eventual recovery in demand.
-
NewsLufthansa agrees savings deal with pilots until March 2022
Lufthansa has struck a cost savings deal with its pilots which will avert layoffs until March 2022.
-
NewsYak-40 fitted with propeller for superconducting motor test
Russian researchers are planning to test-fly a Yakovlev Yak-40 modified with a superconducting electric motor and propeller mounted on the trijet’s nose. The Moscow-based Central Institute of Aviation Motors expects the first flights to be carried out in 2021. Siberian aeronautical research centre SibNIA, located in Novosibirsk, installed the electric ...
-
NewsGreece cleared for €120m state contribution to Aegean
European regulators have approved Greek plans to contribute €120 million ($146 million) as part of recapitalisation plans for Aegean Airlines. Greece notified the European Commission of plans for an aid measure to compensate Aegean for damage suffered from travel restrictions imposed between 23 March 2020 to 30 June 2020. The ...
-
NewsAlitalia replacement ITA plans 2021 start with 52 aircraft: reports
The new Italian airline being established to replace Alitalia has outlined plans to commence operations in April 2021 with an operation about half the size of its predecessor’s, according to media reports in Italy.