All Europe articles – Page 277
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NewsEuropean airline bailouts hit €26.6 billion: HSBC
European governments have provided the continent’s airlines with nearly €26.6 billion ($31.5 billion) in assistance throughout the coronavirus crisis, underlining the value regulators place on the connectivity carriers provide, according to a report from HSBC.
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In depthChina-backed Skyrizon and local partner up pressure for Motor Sich acquisition
China-backed firm Skyrizon is making a renewed push in its long-running effort to acquire Ukrainian aircraft engine manufacturer Motor Sich, with vocal support from a new local partner.
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NewsIAG dials back capacity outlook as recovery falters
IAG has pulled back its capacity planning for this year and next, after the initial encouraging signs of booking recovery in the air transport crisis started to level off. It is expecting third-quarter capacity to be 78%, rather than 74%, down on last year’s figure, while the fourth quarter will ...
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NewsBerlin’s new airport needs €300m in additional funding
Less than two months before the new Berlin Brandenburg International airport is scheduled to open after years of delays, the airport’s operator Flughafen Berlin-Brandenburg (FBB) will need an additional €300 million ($354 million) if it is to remain solvent on its opening day.
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NewsHow the traffic collapse has improved European flight efficiency
Analysis of flight operations in Europe has given an insight into a fringe benefit of the air transport crisis – the improvement in flightpath efficiency in all three spatial dimensions. Eurocontrol has been monitoring the airspace situation in detail since the onset of the crisis, and assessing the effect of ...
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NewsFinnair slashes planned October capacity
Finnair is more than halving the number of flights it intends to operate during October as resurgent coronavirus cases and heightened travel restrictions hit passenger demand.
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News‘Last chance to save UK airline industry’: EasyJet chief
The chief executive of UK-based low-cost carrier EasyJet has warned that the lack of government support for the airline industry is threatening the sector’s long-term competitiveness.
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NewsIAG shareholders approve capital increase and director pay
Shareholders have voted in favour of IAG’s proposed €2.75 billion ($3.25 billion) capital increase during the group’s AGM today, while also approving the directors’ remuneration package.
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NewsWizz chief sees network diversification key to easing crisis impact
Wizz Air chief executive Jozsef Varadi believes the airline’s network diversification in recent months will help the low-cost carrier better ride out the coming months of the coronavirus crisis.
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NewsAirbus delivers 39 aircraft but records just a single order in August
Airbus recorded a single order during August, for one corporate A320neo which was received from a private customer. It took the airframer’s overall net order total this year to 303 aircraft. Total deliveries over the first eight months of the year reached 284, the manufacturer’s latest backlog figures show. This ...
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NewsLufthansa makes case for expanding airport Covid testing scheme
Lufthansa has disclosed that 150,000 passengers were monitored for Covid-19 at the Frankfurt airport testing facility it opened in late June with Fraport and Centogene, and about 1% of samples taken over the last six weeks gave a positive result for the disease.
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NewsExperienced crew struggled with instrument flight after 737 lost autopilots
Spanish investigators have detailed an unusual incident in which a Boeing 737-500 crew struggled to control the aircraft after the autopilots failed, even though all the instruments needed to operate the flight remained fully functional. Operated by Lithuanian carrier Klasjet, the aircraft had departed Madrid Barajas for Kaunas on 5 ...
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NewsEasyJet latest to scale back capacity amid travel restrictions
EasyJet has become the latest European carrier to cut capacity plans in the light of demand being negatively hit by increased travel restrictions.
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NewsUK to set out ‘aviation recovery strategy’ this autumn
UK ministers intend to publish an ”aviation recovery plan” this autumn setting out how they will get the sector back on track, as industry stakeholders continue to press for action amid the stalled restoration of passenger services.
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NewsTAP awarded first €500 million of state rescue loan
TAP Portugal has received just under €500 million ($591 million) of its potential €1.2 billion state rescue loan from the Portuguese government, the airline has disclosed. In June, the European Commission approved Portugal’s plan to lend the carrier up to €1.2 billion to help address “immediate liquidity needs” arising from ...
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NewsSupersonic passenger aircraft research in line for Russian federal grant
Creation of a Russian supersonic passenger aircraft research centre has been selected for funding by the federal government. The aim of the scientific centre is to establish a world-class technological knowledge base for conceptual design and aerodynamic analysis of an aircraft with low sonic boom. This work on key technological ...
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NewsEU-China bilateral safety agreement comes into effect
A bilateral safety agreement between European and Chinese aviation regulators came into effect on 1 September, paving the way for simpler evaluation and certification processes for airframers of the two regions. The European Union Aviation Safety Agency says it held a joint meeting with its Chinese counterparts on 3 September, ...
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NewsStobart confirms Falko among possible buyers for regional unit
Stobart Group has confirmed it is in ‘early stage’ discussions with a number of parties including Falko Regional Aircraft over the possible sale of its regional arm Stobart Air and aircraft lessor Propius.
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NewsEC clears €200m Italian aid for Alitalia
A direct government grant of almost €200 million ($236 million) to Alitalia has been approved by the European Commission to compensate the airline for damage caused by the Covid-19 pandemic.
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Airline BusinessAirline coronavirus recovery tracker: September 2020 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, airport passenger throughput, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.