All Europe articles – Page 33
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NewsNorse trims first-quarter losses as it aims for full-year profitability
Long-haul budget carrier Norse Atlantic Airways is aiming for full-year profitability, having trimmed first-quarter operating losses by around 15%. Chief executive Bjorn Tore Larsen says the quarter has demonstrated “major improvement on all metrics” since last year. It doubled revenues to $78.2 million, as passenger numbers increased by more than ...
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NewsUK start-up Ascend embarks on first commercial service
UK start-up Ascend Airways has embarked on commercial services, having flown a charter operation from London Southend. The carrier obtained its air operator’s certificate and scheduled route licence from the UK Civil Aviation Authority on 9 April. Ascend states that it carried out its first service on 26 April, on ...
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NewsGol and Avianca owner Abra to invest in Spanish charter carrier Wamos Air
Abra intends to invest in Wamos Air under a deal both companies say will enable expension, though details remain unavailable
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NewsCourt annuls Condor restructuring aid decision over failure to initiate formal investigation
Approval of state aid to German carrier Condor has been overturned by the European General Court because it was granted without a formal investigation procedure.
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Airline BusinessIAG enjoys Madrid’s status as ‘new Miami’ as it starts 2024 on front foot
While its two largest competitors were knocked on to the back foot in financial terms during the first quarter of this year, IAG enjoyed a much more straightforward three months.
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NewsIAG lifts first quarter operating profit on strong passenger demand
British Airways and Iberia parent IAG increased operating profits before exceptionals in the first quarter to €68 million ($59 million) driven by higher passenger revenues for the period.
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NewsGreek carrier Aegean implementing Saudia codeshare pact
Greek carrier Aegean is entering a partnership with Saudi Arabian flag-carrier Saudia, which will include codeshare services. The two operators unveiled the deal at the Arabian Travel Market event in Dubai. Under the tie-up Aegean will place its ‘A3’ designator code on Saudia-operated flights to Athens from both Jeddah and ...
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NewsSpirit AeroSystems chief believes Airbus partnership will remain intact
Spirit AeroSystems chief executive Patrick Shanahan believes the company will remain a partner to Airbus even as Boeing negotiates a potential acquisition of the aerostructures firm.
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NewsVirgin 787 transatlantic SAF flight demonstrated emission and fuel-burn benefits: carrier
Preliminary figures from Virgin Atlantic’s transatlantic Boeing 787-9 flight using 100% wholly-sustainable fuel indicate that it cut carbon and particulate emissions by 64% and 40% respectively, based on a lifecycle analysis.
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NewsAirbus completes acquisition of UAS maker Aerovel
Airbus has finalised its acquisition of unmanned air systems (UAS) manufacturer Aerovel, boosting its exposure to the tactical UAS market.
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NewsPoland’s LOT taking three new Embraer jets this summer: chief
Polish flag-carrier LOT’s chief executive, Michal Fijol, has disclosed that the carrier has signed for three Embraer E2 jets which will arrive this summer.
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Airline BusinessWizz puts its faith in SAF amid scarcity, mandates and increased momentum
While much of the attention of Wizz Air’s eye-catching investment in a UK firm with ambitions to turn human waste into a biofuel was on the unlikely source of the feedstock, more significant perhaps is the low-cost carrier’s increased interest in sustainable aviation fuel (SAF).
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NewsLufthansa names Amadeus CFO as new group finance chief
Lufthansa Group has named Till Streichert, chief financial officer of technology firm Amadeus, as its new finance head in succession to Remco Steenbergen.
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NewsUnidentified customer orders over 50 A321neos
Airbus has revealed an order for 51 A321neos placed by an undisclosed customer in its latest backlog figures. The 18 April agreement was the most significant activity recorded by the airframer during the month. British Airways is taking five single-aisle jets – three A320neos and two A321neos – while Airbus ...
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NewsIcelandic cargo carrier Bluebird Nordic discontinues operations
Iceland’s Bluebird Nordic has discontinued cargo operations, ending services on 30 April. The Reykjavik-based carrier says it has “voluntarily surrendered” its air operator’s certificate to the Icelandic civil aviation administration. Bluebird Nordic adds that it is returning all the aircraft in its fleet to their respective lessors. It was owned ...
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NewsNew footage details Ukrainian F-16 pilot training in Denmark
Video footage has been released showing pilot training activities being provided to Ukrainian air force personnel using Lockheed Martin F-16s, just months before Kyiv is expected to begin operating the western fighter.
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NewsSecInt Group details expansion plan on back of Polish acquisition
Uncrewed systems and surveillance specialist SecInt Group is promising to introduce a range of new and upgraded products as it builds on the recent acquisition of Polish aircraft manufacturer Marganski & Myslowski Aviation (MMA).
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NewsCargolux’s full-year figures illustrate return of cyclical freight activity
Freight specialist Cargolux Group achieved a full-year net profit of $286 million, but the figure is substantially down on the previous level of $1.6 billion. Cargolux generated revenues of $2.97 billion for 2023, over 40% lower than its 2022 performance. The carrier says the figures show the “cyclical nature” of ...
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NewsAeroflot claims lowest first-quarter net loss in five years
Russian flag-carrier Aeroflot has turned in a first-quarter net loss of Rb6.9 billion ($75.3 million), but states that this is its lowest loss for the period in five years. It says the result – under Russian accounting standards – illustrates a “trend of progressive improvement”. Aeroflot says it achieved the ...
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NewsScandinavia’s Frost Air obtains own air operator’s certificate
Scandinavian ad hoc and sub-charter carrier Frost Air has been granted an air operator’s certificate from Danish regulators.