Category: Europe

Lufthansa Posts Groups Best Ever Annual Results

Total revenues for the Lufthansa Group in 2017 amounted to €35.6 billion, a 12.4 percent increase compared to 2016. The Adjusted EBIT of €2.97 billion was a substantial 69.7 percent year-on-year improvement. An 8.4 percent Adjusted EBIT margin was up 2.9 percentage points compared to 2016. EBIT for 2017 increased more than €1 billion to […]

British Airways Trials Biometric Technology at Four U.S. Airports

British Airways is trialling biometric technology to speed up boarding and arrivals processes in Orlando, Los Angeles, Miami and New York. Customers are breezing through new biometric boarding gates at Orlando International Airport, with the airline managing to board flights of almost 240 customers in around ten minutes. Working in partnership with the Greater Orlando […]

First Airbus A320 Door and Slide Trainer in the Baltic States

As the first and only of its kind in the Baltic States, BAA Training has added a brand new Airbus A320 Door and Slide Trainer to its repertoire of training equipment. BAA Training continues to invest in its training equipment so it will be the first choice training provider. Having announced the 4 full flight […]

Airbus A380 Program Suffers New Blow – Virgin Atlantic Cancels Order

The struggling A380 superjumbo program at Airbus has been hit with more disappointment as Virgin Atlantic cancels its order for six of the 550-seat plane. The order was placed back in 2000 and confirmed in 2001. While an initial delivery date had been set for 2006, continued delays on Airbus’ side, followed by postponements on […]

Airbus A380 and A400M Production Cuts Put 3700 Jobs at Risk

Following the previously announced changes to the A380 and A400M delivery plans, Airbus confirms the formal adjustment of production rates for its A380 and A400M programmes. The new plan, which was presented to the European Works Council, involves the production of six A380s per year starting from 2020 and eight A400Ms per year, also as […]

January Passenger Demand Growth Slows on Temporary Factors

The International Air Transport Association (IATA) announced global passenger traffic results for January 2018 showing traffic (revenue passenger kilometers or RPKs) rose 4.6% compared to January 2017. This was the slowest year-over-year increase in nearly four years, but results were affected by temporary factors including the later timing of the Lunar New Year in 2018 […]

Lufthansa Group Female Pilots Take off

On 8 March, six all-female crews from Lufthansa, SWISS, Austrian Airlines, Eurowings and Brussels Airlines will start their morning rounds to Berlin on time for the International Women’s Day. The jets are flown from Frankfurt, Munich, Düsseldorf, Vienna, Zurich and Brussels by two female pilots each. In order to send out another signal on this […]

Airbus Looks to Reduce Supplier Costs to Make C Series Profitable

With Airbus still in discussions with Bombardier and the Canadian Government over its intended acquisition of a 50.01% stake in the ailing C Series project, the French plane maker has announced its intention to squeeze supplier prices for future C Series planes. The intention is to try and make the cost of manufacture of the […]

US Private Equity Eyes Up to 49% Stake in Spain’s Volotea

US-based firms Indigo Partners LLC and HRS Management have been shortlisted as potential buyers of up to 49% of Spanish budget carrier Volotea, La Vanguardia newspaper has reported citing sources close to the talks. According to the report, the sale, which is being overseen by investment bank Morgan Stanley, is set to conclude within the […]

Austrian Airlines Cancels 140 Flights During Union Negotiations

Lufthansa subsidiary Austrian Airlines has canceled more than 140 out of 570 flights March 6-7 as collective bargaining meetings are expected to interrupt flight operations, affecting 10,000 passengers. As a precautionary measure, Austrian said it has adjusted operations and thinned out schedules by 25% during this period on flights between Vienna and Amsterdam, Basel, Brussels, […]