All Europe articles – Page 259
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Jet2 sees winter bookings slow but bright picture for summer 2021
UK leisure carrier Jet2 is hopeful of offering capacity close to 2019 levels next summer after citing encouraging forward bookings for the period.
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Heathrow boss urges pre-board virus trial on New York flights
John Holland-Kaye claims checking passengers for Covid-19 at airport, using emerging technology, could kick-start traffic on one of world’s busiest routes
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UK court formally backs Virgin Atlantic restructuring plan
Virgin Atlantic has completed another step in its planned recapitalisation after a court today approved its restructuring plan.
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August is strongest traffic month for Ryanair and Wizz since crisis
The two airlines are the first in Europe to report traffic figures for the month, providing an early indication of how much passenger levels returned during the summer travel peak.
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‘Flying-V’ model embarks on first test flight — with Airbus support
A scaled model of the ‘Flying-V’ blended wing aircraft concept — first unveiled by Dutch researchers last year — has completed its first test flight in Germany. Airbus also emerged as the latest partner in the project, after Dutch flag carrier KLM threw its weight behind the project last year. ...
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Virgin Atlantic adds back five routes to network in September
UK carrier Virgin Atlantic is restoring flights to Atlanta, Lagos, Tel Aviv and the Indian cities of Delhi and Mumbai this month as the restructuring airline rebuilds its network amid coronavirus.
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Governments ‘killing aviation’ by not managing border risks: IATA
The lack of co-operation between governments is stymieing the restart of commercial air travel amid the coronavirus pandemic, potentially causing “irreparable demand to global connectivity”, according to IATA.
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Electronic attack updates boost Saab’s Gripen offer to Finland
Saab used the Kauhava air show to announce fresh details about its Gripen E/F proposal for Finland’s HX fighter requirement, including the addition of a lightweight air-launched decoy missile
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Air cargo traffic stabilises in July as capacity crunch continues
Air cargo traffic was stable in July but demand continues to be constrained by the lack of bellyhold capacity, according to the latest monthly report from IATA. Figures from the airline association show that demand in cargo tonne kilometre (CTK) terms fell by 13.5% year on year in July. IATA ...
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Travel bans prompt Wizz to freeze capacity ramp-up plans
Central European budget carrier Wizz Air is no longer expecting to further increase capacity between October and the end of the year as fresh travel restrictions temper demand.
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Russian state helps Aeroflot Group obtain Rb70bn in loans
Aeroflot Group has obtained state guarantees to enable it to secure two loans totalling Rb70 billion ($940 million), and has also received a subsidy worth Rb7.9 billion. The Russian operator has turned in a net loss of Rb58.3 billion for the first six months of the year, under international accounting ...
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Creditors to take over Swissport under debt-for-equity restructuring
Ground-handling firm Swissport is set to be taken over by a group of creditors under a €1.9 billion ($2.3 billion) debt-for-equity swap as part of an extensive financial restructuring. Once the process is completed, seven institutions – a group collectively known as AHG – will control more than 75% of ...
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Berlin Brandenburg preps for 31 October opening following long, troubled slog
Flughafen Berlin Brandenburg (FBB), the operator of the long-delayed Berlin Brandenburg International airport, getting set for a 31 October opening, revealed details about festivities and the first arriving jets.
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Omni 767 suffers gear collapse on landing at Bucharest
Investigators in Romania are set to probe the partial collapse of a Boeing 767-300ER’s main landing-gear shortly after the twinjet touched down at Bucharest Baneasa airport. Video images captured of the landing indicate a normal touchdown – some 700m from the threshold – as the aircraft arrived on runway 07 ...
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Norwegian keeps faith in slimmed down long-haul model
Restructuring low-cost carrier Norwegian aims to stick with a scaled-back version of its long-haul business when it moves out of the hibernation phase it has been in since the coronavirus crisis hit. While the airline continues to work on financial restructuring to secure its future – and today confirmed it ...
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Schiphol Group to cut hundreds of jobs as airport traffic falls
Dutch airports operator Royal Schiphol Group expects to cut hundreds of jobs as the coronavirus crisis stymies demand for air travel.
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Norwegian warns more cash needed to survive crisis
Restructuring low-cost carrier Norwegian has warned it will require further financing next year to survive the winter as coronavirus-related travel restrictions continue to hamper the recovery in air travel
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Gatwick seeks easing of financing terms after £321m first-half loss
London Gatwick airport’s operator is asking creditors for short-term amendments to financing terms as part of its efforts to restructure the business to cope with the air transport crisis. The operator says its reduced earnings for 2020 are expected to have a “significant impact” on relevant financial ratios, and it ...
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EASA sets date to begin flight-testing 737 Max
European validation testing of the Boeing 737 Max is set to commence in early September, with flights conducted in Canada. The European Union Aviation Safety Agency states that it will begin simulator testing from 1 September at a facility in London Gatwick. Flight-testing of the aircraft under EASA oversight will ...
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Crisis forces Rolls-Royce to rethink ITP Aero retention
Such has been the sweeping impact of the air transport crisis that Rolls-Royce is floating the divestment of its Spanish-based turbine business ITP Aero just three years after its acquisition – having previously insisted the business was not for sale. Rolls-Royce, which had long held 47% of ITP Aero, turned ...