All Europe articles – Page 7
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NewsAirbus absorbs A400M charge, as space sector losses prompt European consolidation push
Airbus Defence & Space has reported a loss of €566 million ($590 million) against its activities last year, with space activities and the A400M tactical transport having contributed to the deficit.
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NewsAirbus has ‘clear picture’ of investment needed to turn around Spirit work packages
Airbus is aiming for a mid-year completion of a transaction to acquire Spirit AeroSystems work packages, but acknowledges that the complex deal is taking longer than expected. Spirit is being acquired by Boeing which has spurred Airbus to take ownership of key aerostructure work undertaken by Spirit, notably on the ...
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NewsEngine shortage will cause dip in Airbus first-quarter narrowbody deliveries: Faury
Airbus is expecting an early dip in single-aisle deliveries as a result of supply-chain issues with engines for its A320neo family. Speaking during a full-year briefing on 20 February, chief executive Guillaume Faury said that “tensions” regarding narrowbody engines “persist”. He says Pratt & Whitney deliveries – in the aftermath ...
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NewsAirbus forecasts 820 commercial aircraft deliveries this year
Airbus is expecting to achieve 820 commercial aircraft deliveries this year, up on the 766 handed over in 2024. The airframer disclosed the forecast as it unveiled full-year financial results on 20 February. Last year’s increase in deliveries enabled Airbus’s commercial aircraft division to generate a 6% rise in revenues ...
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NewsAirbus pushes back entry-into-service of A350 freighter
Airbus is pushing back the entry-into-service date of its A350 freighter to the second half of 2027, from its earlier expectation of 2026. The airframer states that it is facing “specific supply-chain challenges, notably with Spirit AeroSystems”, which are “putting pressure” on ramp-up of A350 production. Speaking during a full-year ...
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NewsShareholders of lessor NAC approve $2bn takeover by Dubai Aerospace Enterprise
Shareholders in lessor Nordic Aviation Capital have approved the company’s proposed acquisition by Dubai Aerospace Enterprise. The company values the transaction at more than $2 billion – inclusive of outstanding debt. Nordic Aviation Capital says the shareholder vote was 85% in favour of the agreement, under which DAE will take ...
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NewsRomania advances on $84m Small Diameter Bomb acquisition
Romania has secured approval for a potential $84 million purchase of Boeing GBU-39B Small Diameter Bomb (SDB) precision weapons.
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NewsCanadian trainer deal and military PC-12 sales lifted Pilatus last year
Pilatus has disclosed the sale of two PC-12s to military customers, as its PC-21 trainer continues to perform strongly on the international stage.
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NewsRecord order backlog and rising defence spending boost BAE Systems’ figures
BAE Systems ended last year with a record order backlog and strong prospects for future growth through its activities in ventures such as the Global Combat Air Programme (GCAP).
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NewsUzbekistan’s Qanot Sharq to introduce A321XLRs
Uzbekistan-based carrier Qanot Sharq is expanding its ties with US lessor Air Lease through an agreement for long-range Airbus A321XLRs and A321LRs. The three XLRs and two LRs are scheduled to be delivered to the operator over the course of 2026-27. Qanot Sharq, based in Tashkent, already has A321neos and ...
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NewsProfitable Jet2 expects higher summer costs to cover late Airbus deliveries
UK leisure carrier Jet2 is expecting to take delivery of 14 more Airbus A321neo twinjets by the end of summer this year, increasing its fleet to 23. But it states that the arrival of “a number” of these will be delayed past their agreed delivery dates. “Consequently we expect to ...
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NewsDOJ indicts US aircraft parts firm for violating sanctions against Russia
The US Department of Justice (DOJ) has indicted three employees of a US aircraft parts supplier for allegedly exporting aircraft components to a Russian airline in violation of US sanctions.
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NewsDespairing Lilium staff turn to crowdfunding for food as wages remain unpaid
Desperate Lilium Aerospace employees who have gone almost two months without pay have been forced to turn to crowdfunding in order to cover their living costs while the firm remains in financial limbo.
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AnalysisEmbraer touts Middle East’s potential for expanding C-390 customer list
Embraer is confident of adding to its already 10-strong customer list for the C-390 Millennium tactical transport and KC-390 tanker this year, with the Middle East and Latin American markets each holding potential.
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NewsIceland’s Play insists revised business model is starting to show positive results
Icelandic budget carrier Play has turned in a heavy full-year loss, but insists the overhaul of its business model is starting to show results. The airline generated a net loss of $66 million for 2024 – approaching double the previous year’s $35 million – on revenues which were up 4% ...
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NewsEASA validates US certification of A321XLR’s P&W engine models
European regulators have validated certification for several higher-thrust Pratt & Whitney PW1100G engine models previously approved by the US FAA. The European Union Aviation Safety Agency states that it validated the PW1133G1, GR, GAR and G1R versions of the engine on 7 February. They offer various combinations of features including ...
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NewsTurkish Airlines applies to double registered capital ceiling
Turkish Airlines is seeking regulatory approval to double its authorised capital ceiling, potentially enabling it to raise its share capital to TL10 billion ($276 million). The company secured clearance from the country’s Capital Markets Board on 14 February and it applied on 17 February for similar authorisation from the ministry ...
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NewsMahan RJ100 crew warned before landing on closed Grozny runway
Preliminary findings indicate that an Iranian-operated British Aerospace Avro RJ100 crew was twice warned before landing on an under-construction runway at Grozny. The Mahan Air aircraft, operating flight W55116, had been inbound from Tehran on 14 October last year. It was cleared for the PINTA 1P arrival pattern to runway ...
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NewsFrankfurt Hahn claws back passengers in first full year under Triwo’s control
Frankfurt’s Hahn airport has recorded a 12% increase in passenger numbers in its first full year under new management, following rescue of the facility from insolvency administration. The airport’s operator, investment firm Triwo, says 1.9 million passengers used Hahn over the course of 2024. This follows a 21% rise in ...
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NewsFinnair aims to replace 15 oldest A320-family jets in ‘partial’ fleet renewal
Finnair is preparing a partial renewal of its narrowbody fleet, indicating that it will involve its 15 oldest Airbus A320-family airframes. Speaking during a full-year results briefing, chief executive Turkka Kuusisto said the scope and timing of the modernisation will be detailed when the company has “finalised calculation”. But he ...
