All Europe articles – Page 297
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NewsLufthansa Group nears deal for €9bn financing package
Lufthansa Group is holding advanced talks with the German economic stabilisation fund WSF for conditional assistance of up to €9 billion. The company says €3 billion of this assistance would take the form of a loan from bank KfW. Lufthansa Group says an agreement “has not yet been finalised”. It ...
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NewsEASA flight-resumption protocol warns of increased risk from unruly passengers
Europe’s safety regulator is warning of the potential for increased unruly behaviour from passengers after it drew up a safety protocol of measures intended to ensure safety during restoration of airline services. The European Union Aviation Safety Agency (EASA) has published the documentation jointly with the European Centre for Disease ...
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NewsBerlin Tegel could close four months before Brandenburg hub opens
Berlin’s airports operator is poised to close the capital’s Tegel airport early, with the possibility that it might not resume operations before the new Brandenburg airport opens. Shareholders of the operator, FBB, met on 20 May and unanimously agreed on a temporary exemption from obligations to operate the airport – ...
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NewsAir France terminates A380 fleet with immediate effect
Air France has accelerated plans to phase out its Airbus A380 fleet and will retire the aircraft immediately rather than in 2022 as previously scheduled.
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NewsMajor lessors now hold substantial interests in Norwegian
Chinese-linked interests will hold significant shareholdings in Scandinavian budget carrier Norwegian following a debt-to-equity conversion scheme established to shore up the company’s financial position. Norwegian’s new share capital amounts to nearly 3.07 billion shares following the conversion scheme. Leasing firm BOC Aviation – which is Singapore-based, but ultimately controlled by ...
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NewsRolls-Royce overhaul primarily to affect UK civil aerospace
Rolls-Royce has increased its civil aerospace workforce by about one-third over the last 10 years, but admits that deep cuts in the sector will be necessary during its newly-unveiled restructuring. The company employs 26,100 personnel in the civil aerospace sector – accounting for about half its global workforce – with ...
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NewsFinnair seeks further layoffs to match reduced flying schedule
Finnair will enter talks with its entire workforce to secure additional temporary layoffs aimed at downsizing the number of employees to match its much-reduced flying schedule over the coming months.
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NewsNorwegian secures key state loan after sealing equity restructuring
Norwegian has completed its financial restructuring under which it converted NKr12.7 billion ($1.27 billion) debt into equity to enable it to access NKr3 billion in lifeline state aid.
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NewsRolls-Royce to cut 9,000 jobs largely in civil aerospace
Rolls-Royce is expecting to have to axe around 9,000 personnel – about 17% of its global workforce – in the aftermath of the economic downturn caused by the coronavirus outbreak. Its civil aerospace division will be “predominantly” affected, it says, following the severe deterioration of the air transport market. “We ...
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NewsGerman panel, industry, assess ethics of FCAS technology
Germany has initiated an independent process to consider the ethical and legal implications of using autonomy and artificial intelligence as part of a multinational Future Combat Air System, to enter use by around 2040.
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NewsRussian government lays out proposals to lift domestic civil aerospace
Russia’s government is proposing subsidise the operation of domestically-built aircraft, to reduce operating costs, and provide state guarantees to lessors to support the country’s civil aviation industry. President Vladimir Putin told senior politicians and airline industry leaders, via video conference on 13 May, that the proposal, running over 2020-21, would ...
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NewsEasyJet cybersecurity breach affects 9 million customers
UK budget carrier EasyJet is contacting customers after a serious cybersecurity breach which resulted in access to the personal information of 9 million travellers. Credit card details of just over 2,200 customers were accessed, the airline admits, and it has taken action to contact all of them to offer support. ...
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NewsPressured Utair cuts losses but coronavirus impact looms
Russian carrier Utair halved its pre-tax losses in the first quarter, despite initial effects from the coronavirus crisis, but the impact on the second quarter has yet to become clear. The financially-pressured carrier’s passenger numbers in April were down by nearly 90%. Utair disclosed in early March that it was ...
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NewsSwiss to adapt fourth 777 for cargo-only flights
Swiss plans to modify a fourth Boeing 777 for cargo-only flights as the Lufthansa subsidiary grows its intercontinental freight network. Under a new schedule effective since 15 May, Hong Kong, New York JFK and Mumbai have become new destinations served with multiple weekly frequencies, Swiss says. Previously, it operated cargo ...
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NewsSmartwings seeks support on financing not state ownership
Czech airline operator Smartwings Group insists it is only pressing for government support on financing through the crisis rather than wanting it to take a holding in the company. The group, which includes Czech Airlines as well as leisure operator Smartwings, was the focus of fresh speculation after the country’s ...
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NewsRyanair expects post-Covid-19 price war
Fares will be slashed across Europe once coronavirus travel restrictions are lifted as airlines seek to tempt passengers back on board, Ryanair believes.
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NewsFinnair outlines plan to restart Europe and Asia flights in July
Finnair plans to start operating 30% of its network from July with flights to a number of key European and Asian cities.
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NewsRussian authority recommends flights operate half-empty
Russia’s federal consumer rights protection authority is recommending that aircraft should not carry more than half their total passenger capacity during the restoration of air traffic. The authority, Rospotrebnadzor, states that, during check-in, passengers should not be seated in “close proximity” to one another – including seats immediately in front ...
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NewsAirbus Helicopters touts safety benefits of rotor blade measurement research
Airbus Helicopters is hailing the success of a research project that has enabled for the first time the manufacturer to gather data on the stresses experienced by main rotor blades while they are in motion.
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NewsRyanair Group expects €200m first-quarter loss
Ryanair Group is forecasting a loss of more than €200 million for the first quarter, double the figure it estimated at the beginning of May, with a smaller loss in the second. The company is forecasting that it will transport fewer than 80 million passengers for the fiscal year 2020-21 ...