All Europe articles – Page 285
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NewsAirbus expects to set aside up to €1.6bn for restructuring
Airbus has warned that it is likely to require a provision of up to €1.6 billion ($1.9 billion) to account for restructuring once firm agreements are reached with its social partners. The airframer disclosed in June that, in response to the air transport crisis and the scaling-back of commercial aircraft ...
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NewsAirbus impairs inventories ‘at risk’ as stored aircraft level rises
Airbus has recorded a near-€300 million charge for impairment of inventories considered at risk, as stored aircraft continue to push up its inventory level. The airframer reveals in its first-half accounts to 30 June that its inventories stood at €37.5 billion – up by nearly €6 billion on the figure ...
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NewsAirbus trims A350 rates again as crisis becomes ‘visible’ in second quarter
Airbus is trimming A350 production rates, to five aircraft per month from six, in a further adjustment to its output in the face of weak air transport market demand. The airframer has disclosed that some 145 commercial aircraft went undelivered during the first half of this year, as a result ...
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NewsHeathrow issues Covid-19 testing plea as losses mount
London’s Heathrow airport has reiterated calls for the UK government to introduce a Covid-19 testing programme as an alternative to quarantine for arriving passengers.
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NewsWizz Air chief claims ‘this is our time’ as carrier expands network
Wizz Air is taking advantage of the opportunities created by the coronavirus crisis to expand its footprint across eastern and central Europe with new bases and routes.
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NewsS7 temporarily tops Russian passenger carriage table
S7 Airlines has temporarily emerged as Russia’s largest individual operator, the aviation regulator shows, as passenger numbers in the country halved to 27.8 million in the first six months of the year. Federal air transport authority Rosaviatsia states that the number of air passengers travelling in Russia was nearly 52% ...
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NewsAir cargo decline narrows in June but market ‘exceptionally challenging’
Air freight traffic declines showed some signs of improving in June but business remains “exceptionally challenging”, according to the latest IATA market wrap-up.
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NewsParis airports operator sees at least five years before full traffic return
Aeroports de Paris is projecting passenger traffic levels at the French capital will not return to last year’s high until the 2024-27 timeframe.
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NewsLufthansa reinstates flights between Frankfurt and New York
Lufthansa Group’s flagship carrier Lufthansa has reinstated flights between Frankfurt International airport and New York City’s John F Kennedy International airport after four months of suspension due to the coronaviruas global health emergency.
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NewsIcelandair seals new cabin crew pact as it reels from first-half losses
Icelandair Group has secured approval from its flight attendants for a new collective agreement, thrashed out after a stand-off which involved the airline’s dismissing, and then reinstating, its cabin crew corps. The agreement will remain valid until the end of September 2025 and rounds off the critical negotiations with personnel ...
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NewsRyanair warns of base closures in Spain and Italy
Ryanair has threatened to close bases in Spain and Italy if new labour agreements cannot be reached with unions.
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NewsTAP Air Portugal to reach 40% of pre-Covid network in September
TAP Air Portugal is planning to operate 700 flights per week in September, bringing its network to around 40% of its pre-coronavirus level.
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NewsRussian regulator underscores storm risk after Khabarovsk An-24 incidents
Eastern Russian authorities are urging operators to improve their awareness of adverse weather operations after two serious thunderstorm-related incidents in the space of three days involving Khabarovsk Airlines Antonov An-24s. One aircraft unintentionally flew into a heavy hailstorm at 17,000ft while operating a Tynda-Khabarovsk service on 17 July. The aircraft ...
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NewsAirlines ‘disappointed’ after UK reintroduces Spain restrictions
Airlines have expressed disappointment in the UK government’s sudden decision to remove Spain from its travel corridor list less than three weeks after lifting quarantine restrictions on arrivals from the country.
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NewsRecovering Ryanair could have 40 737 Max jets by summer 2021
Budget carrier Ryanair hopes to introduce its first Boeing 737 Max this year and up to 40 of the type ahead of the 2021 summer season. But the airline warns that the financial year will be “very challenging” after it turned in a first-quarter net loss of €185 million ($217 ...
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NewsRegulators approve Garmin autoland on TBM 940
Daher has secured US and European certifications for Garmin’s autoland safety system in the TBM 940 single-engined turboprop.
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NewsAirline slot waivers need strict conditions: ACI World chief
Airports body ACI World does not completely oppose a waiver of the 80:20 slot rule in the North Hemisphere winter season, but argues it should only be applied with strict conditions attached.
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NewsAirbus ‘olive branch’ aims to end subsidy row as WTO remains impaired
Airbus’s adjustment of A350 launch aid contracts is intended to bring an early end to a transatlantic subsidies dispute which is otherwise set to drag on for several months as a consequence of delays to World Trade Organization decisions. The WTO’s appeals process has been crippled since last December by ...
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NewsEurope’s low-cost carriers look beyond the restart
With the European aviation market shaken and long-haul travel largely absent, it is the continent’s low-cost carriers that are embracing the restart, driven by pent-up leisure and visiting-friends-and-family (VFR) demand.
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Airline BusinessWhy SpiceJet may feel time is right for US and UK services
True long-haul flights would be a significant strategic change for the budget operator, and there are many challenges to overcome before services could start.