All Europe articles – Page 43
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NewsSwiss remains Lufthansa’s crown jewel with record profit and double-digit EBIT margin
Swiss International Air Lines posted a record operating profit for 2023 as healthy demand for air travel and disciplined cost-cutting allowed the airline to “definitively master the corona crisis and the major challenges that it posed”.
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NewsWork starts on Portuguese navy helicopter/UAV-carrier vessel
Damen Shipyards has begun work on a new multi-role maritime platform that will enable the Portuguese navy to conduct tasks including the operation of embarked helicopters and unmanned air vehicles (UAVs).
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NewsSpohr still optimistic on ITA, but will look ‘rationally’ at cost of deal concessions
Lufthansa Group chief executive Carsten Spohr insists the carrier will make a rational decision over the cost of any concessions attached to approval for its planned acquisition ITA Airways, but is encouraged by the approach to global competition of the incoming European Commission.
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NewsSAS chief: SkyTeam will ‘unlock’ network benefits previously unavailable in Star Alliance
Accession to the SkyTeam alliance will provide Scandinavian operator SAS with greater network reach in various ways, chief executive Anko van der Werff believes. Speaking during a first-quarter briefing, he said SAS had enjoyed a good relationship with Star Alliance, of which it was a founder member. “We equally have ...
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NewsIcelandair set to tighten Emirates ties with reciprocal codeshare
Icelandair has tentatively agreed a strategic partnership with Middle Eastern carrier Emirates, potentially leading to a codeshare between the two. The agreement – currently in the form of a memorandum of understanding – was reached at the ITB travel show in Berlin. Emirates has an interline tie-up with Icelandair, but ...
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NewsSAS maintains full-year expectations after busy first quarter
SAS is maintaining its financial forecast for the full year 2023-24, as well as the timetable for its emergence from US Chapter 11 bankruptcy protection. It has turned in a pre-tax loss of just under SKr1.1 billion ($107 million) for its fiscal first quarter – the three months to 31 ...
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NewsJetBlue drops DOT complaint against Dutch government over Schiphol slots
JetBlue Airways has withdrawn its complaint against the Dutch government after securing favourable summer take-off and landing slots at Amsterdam’s Schipol airport, but warns that it will continue to fight for access if necessary.
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NewsRafale ramp-up in full swing to meet soaring demand
Dassault Aviation continues to increase production of its Rafale fighter to meet soaring demand from the export market as total orders for the multirole type near the 500-unit mark. The French airframer took in 60 orders for the Rafale last year – 42 tranche 5 jets for the French air ...
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NewsWalsh accuses UK government of ‘short-sighted cash grab’ with APD rise
The head of global airline association IATA has accused the UK government of a “short-sighed cash grab” after it announced plans to increase air passenger duty (APD) for some traveller types.
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NewsLessor Falko acquires batch of older E-Jets from Nordic Aviation Capital
UK-based regional aircraft lessor Falko has agreed to acquire a package of 24 Embraer E-Jets from Nordic Aviation Capital. Falkso says the purchase agreement covers 20 E190s and E195s plus four E170s and E175s. All of the aircraft are the older variants which preceded the re-engined E2 family. Falko says ...
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NewsCarlyle to take majority share in recapitalised London Southend airport
London Southend airport’s parent company, Esken, has agreed to a restructuring and recapitalisation plan under which it will surrender ownership of the airport operator to investor Carlyle Global Infrastructure Fund. Carlyle will convert a £193.75 million ($246.5 million) loan into an 82.5% stake in the operator, while Esken will hold ...
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NewsUSAF deepens cooperation with Sweden on eve of NATO integration
Washington and Stockholm launched joint air combat drills involving American B-1B heavy bombers and Swedish Gripen fighters as the Nordic country completes the long-delayed process of officially joining the transatlantic military alliance.
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NewsPegasus Airlines’ full-year operating profit slips in 2023
Turkish low-cost carrier Pegasus Airlines posted a full-year operating profit of €489 million ($530 million) in 2023, down around €100 million on the previous year.
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NewsSwiss names new finance chief and adds operations role to management board
Swiss has named a new chief financial officer and is adding a chief operating officer to its management board.
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NewsAeralis unveils common core fuselage design for modular aircraft family
UK developer Aeralis has unveiled the common core fuselage design that will be at the heart of its modular family of military aircraft, with the structure on display at the DIMDEX exhibition in Doha, Qatar.
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NewsFAA grants Pipistrel’s Velis Electro light-sport aircraft certification
The US Federal Aviation Administration has granted Slovenian light aircraft manufacturer Pipistrel an airworthiness exemption for its Velis Electro trainer.
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NewsUkrainian prosecutors lay formal charges over destruction of An-225
Ukrainian prosecutors and security service SBU have formally accused ex-Antonov officials of obstructing attempts by the country’s military to defend Gostomel airport. The airport was “strategically important”, says the security service, and became the target of an assault in the early days of the Ukrainian-Russian conflict. This attack on 27 ...
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NewsIcelandair opts for PW1100G to power Airbus single-aisle fleet
Icelandair Group has opted for the Pratt & Whitney PW1100G engine to power its fleet of Airbus A320neo-family jets. The operator says the selection covers up to 35 aircraft, including long-range A321LRs and A321XLRs. Icelandair has also chosen a long-term maintenance package, EngineWise, from the manufacturer. The airline is already ...
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NewsSwiss voters approve Swfr250m runway extension in Zurich
Voters in Switzerland have approved a Swfr250 million ($283 million) plan to extend two runways at Zurich airport, the country’s busiest, which will allow more types of aircraft to use all three runways, increasing safety, and streamlining operations.
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NewsUncrewed systems will be vital for maintaining UK combat mass, MoD says
The increased future use of uncrewed systems will provide the UK’s military with vital operational capability and increased combat mass, according to its newly published Defence Drone Strategy.