All Europe articles – Page 278
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NewsVirgin Atlantic to cut 1,150 more jobs after restructuring approved
UK carrier Virgin Atlantic is to cut a further 1,150 jobs after formally securing court approvals for a restructuring plan which will unlock £1.2 billion ($1.6 billion) worth of refinancing.
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NewsAirbus redesigns A350 control panel to resist liquid spillage
Airbus has developed a new liquid-resistant integrated control panel for the A350, designed to avoid the risk to engine systems from accidental drink spillage in the cockpit. Its development follows two incidents, in November last year and January this year, in which A350-900s diverted as a result of uncommanded engine ...
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NewsRyanair eyes liquidity boost as it targets €400m from share issue
Ryanair is to launch a share issue aimed at raising gross proceeds of around €400 million ($475 million) to help de-risk the group’s debt repayments and better position it to capitalise on fresh growth opportunities in the market
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NewsAirports join airline call for European winter slot waiver
Airports grouping ACI Europe has joined forces with airline bodies and slot coordinators to agree a theoretical framework for a waiver of the 80:20 “use it of lose it” rule during the upcoming northern hemisphere winter season.
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NewsHeathrow airport begins formal consultation on cuts as union talks stall
Heathrow airport has formally initiated consultations with unions over salary cuts as it battles the fallout of the sharp drop in traffic due to the global pandemic.
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NewsJet2 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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NewsHeathrow 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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NewsUK 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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NewsAugust 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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News‘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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NewsVirgin 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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NewsGovernments ‘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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NewsElectronic 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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NewsAir 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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NewsTravel 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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NewsRussian 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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NewsCreditors 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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NewsBerlin 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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NewsOmni 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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NewsNorwegian 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 ...