All Europe articles – Page 291
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NewsAer Lingus staff to vote on new labour deal
Aer Lingus staff represented by the SIPTU union are to be balloted after a deal was reached on new pay and conditions at the Irish carrier.
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NewsUnexpected fuel-pump wear spurs swap order for Trent 787s
Operators of Rolls-Royce-powered Boeing 787s are being warned over unanticipated fuel-pump deterioration, particularly on high-life Trent 1000 engines, and instructed to replace the parts earlier. While the issue had originally been thought to affect pumps with a specific part number, Rolls-Royce has developed a service bulletin which extends to additional ...
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NewsKLM secures €3.4bn in state support
Dutch carrier KLM has sealed state backed financing of €3.4 billion to help it through the coronavirus crisis under an agreement which is tied to conditions around cost reductions and environmental performance. The Dutch government had in April pledged an aid package to KLM in the form of state guarantees ...
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NewsEasyJet sells six A320neos to SMBC
Budget airline EasyJet has further reinforced its finances after agreeing a $255 million sale-and-leaseback involving six Airbus A320neos. The carrier states that the deal is part of a plan – disclosed in May – to raise about £500-650 million ($620-807 million) through such transactions. EasyJet has identified SMBC Aviation Capital ...
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NewsLufthansa shareholders confirm bailout approval
Lufthansa shareholders have approved a €9 billion ($10.1 billion) financial rescue from Germany’s economic stabilisation fund (WSF) at an extraordinary general meeting today. The vote in favour of the financial package was expected after the airline’s biggest shareholder Heinz-Hermann Thiele indicated he would support the deal. Under the financial plan ...
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NewsVIP Voyager touches down with Union Flag livery
A UK Royal Air Force-operated Airbus Defence & Space A330 Voyager touched down at its Brize Norton home in Oxfordshire on 25 June sporting a new Union Flag livery to denote its tasking as a VIP transport asset.
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NewsLufthansa agrees savings package and peace deal with UFO union
Lufthansa and its main flight attendant union UFO have reached a deal on savings and committed to building a “constructive social partnership” after acrimony over recent years.
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NewsFourth MC-21 flight-test aircraft emerges from painting
Irkut’s fourth flight-test MC-21-300 has emerged from painting in Ulyanovsk and returned to join the rest of the certification fleet in Moscow. The aircraft, numbered 73056 and fitted with Pratt & Whitney PW1400G engines, was transferred to Moscow’s Ramenskoye airfield on 25 June. Source: Irkut Aircraft 73056 bears ...
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NewsEasyJet share issue raises £419 million
EasyJet has raised £419 million ($521 million) by placing 59.54 million shares through an immediate accelerated bookbuilding process. The UK low-cost carrier had disclosed on 24 June that it was aiming to raise £400-450 million by issuing just under 15% of its current share capital. Source: AIrbus ...
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NewsLufthansa poised for bailout as key shareholder set to back plan
A vital €9 billion ($10.1 billion) state bailout of Lufthansa is set to be approved at an extraordinary general meeting today after key shareholder Heinz-Hermann Thiele indicated he would support the deal. Lufthansa had earlier this month said the €9 billion financial support package agreed with the German government to ...
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NewsIcelandair reaches crucial restructuring pact with cabin crew union
Icelandair Group has achieved a breakthrough in its restructuring efforts, with a provisional productivity agreement with cabin crew representatives. While the company had reached new deals with its pilots and aircraft mechanics, cabin crew union FFI was holding out and Icelandair Group was pessimistic over progress. But it states that ...
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NewsEasyJet to reinforce cash position with expanded share issue
UK budget carrier EasyJet is aiming to raise £400-450 million through issuing new shares equating to just under 15% of the current share capital. Up to 59.54 million shares will be placed through an immediate accelerated bookbuilding process. EasyJet has started restoring flight operations after an 11-week grounding. It says ...
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NewsSpain eyes MH-60R helicopter purchase to meet ASW requirement
Spain is considering the acquisition of Sikorsky MH-60R anti-submarine warfare helicopters for its navy due to delays in buying NH Industries NH90s for the mission.
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NewsGround-support firm Swissport to axe half of UK handling personnel
Ground-handling company Swissport has disclosed plans to cut more than 4,000 jobs in the UK, three months after it joined other handlers in urging financial support for the sector. The company says the number of aircraft operating is insufficient to maintain its full complement of staff. “It is with regret ...
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Airline BusinessEuropean carriers put emphasis on reach in short-haul return
As European carriers lay out their plans for restoring passenger services, one of the most notable aspects has been a desire to rebuild the spread of networks ahead of volume.
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NewsZeroAvia claims UK first with flight of electric-powered Piper M350
Californian propulsion developer ZeroAvia has conducted what it claims is the UK’s “first electric-powered flight of a commercial-scale aircraft”, with a converted Piper M350 piston-single taking off on 22 June from Cranfield airport.
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NewsTurkey’s SunExpress to axe German airline operation
German-Turkish leisure carrier SunExpress is shutting its German division as part of a revamp of its operations which includes concentrating on its core business. Although SunExpress has gradually resumed flights since 1 June, restoring both domestic and international services, it says the coronavirus crisis “hit hard” during April and May. ...
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NewsUral Airlines starts restoring fleet to passenger configuration
Russian carrier Ural Airlines has started reconverting aircraft back to passenger configuration, having temporarily modified them to operate as freighters. Ural Airlines says it converted 12 of its 48 jets to cargo configuration as passenger traffic bled away and freighter capacity demand rose during the coronavirus crisis. The operator has ...
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NewsEU-Japan pact enables mutual certification recognition
Japanese and European representatives have reached a bilateral agreement on civil aviation safety, through which each side will recognise and accept the other’s regulatory approvals. The agreement will enable reciprocal acceptance of certificates and findings of compliance by either side’s approval organisations and competent authorities. Its primary objective is to ...
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NewsShot-down UIA 737 recorders to be sent to France: Iranian ministry
Iranian authorities appear set to send the flight recorders of the Boeing 737-800 shot down over Tehran to France for download of their data. The issue of reading the data following the event involving the Ukraine International Airlines flight PS752, operating from Tehran to Kiev on 8 January, has been ...