Category: Europe

Wizz Counts Cost Of Lease Returns

Low-cost carrier (LCC) Wizz Air has reported a 31% rise in maintenance costs, to EUR 27m, for Q1 2017/18. The Budapest-based airline says most of the rise was due to a larger fleet, which increased by 13 aircraft from the year-before period. By 2020 it expects to operate 120 Airbus narrowbodies, including A320neos and A321neos, […]

Air France Unveils New Airline Joon To Target Millenial Travellers

Air France presents its new airline, Joon, which will start operating medium-haul flights from Paris-Charles de Gaulle this autumn, followed by long-haul flights in summer 2018. Joon is especially aimed at a young working clientele, the millennials (18 to 35 year-olds), whose lifestyles revolve around digital technology. This new brand has been entirely designed to […]

Global Expansion Through Business Acquisition In Aviation: The Better Way?

To increase geographical presence, decrease competition, accelerate expansion – just a few reasons why companies choose business acquisition as an inorganic mode of expansion. With yearly worth of worldwide mergers and acquisitions topping €41 billion it’s only natural that increasing number of deals has been recorded and anticipated in the aviation industry as well. With […]

Wizz Details Hike In 2020 Capacity

Low-cost operator Wizz Air expects to have 15% more aircraft in its fleet by March 2020 than it had indicated a year ago. The airline’s latest fleet schedule, disclosed during its first-quarter results presentation, shows it will have a fleet of 120 aircraft by the end of the 2019-20 fiscal year. This figure is a […]

5 Airports Prove to Be the Best in the World

Air travel is no longer a luxury commodity – on the contrary, it proves to be as indispensable to everyday life as medicine or telecommunications. Apart from occupying a pivotal role in the social development, aviation also brings enormous benefits to modern economies by unlocking their potential for more profitable trade and tourism. Without a […]

Iran-Airbus Deal Facing Financial Challenge

Iran has failed so far to fully settle the financing issue of the purchased planes from Airbus and ATR, Ali Abedzadeh, Iran’s deputy minister of roads and urban development, said. Both plane makers have announced readiness to finance some of the aircraft, Abedzadeh, who heads Iran Civil Aviation Organization, said, Tasnim news agency reported July […]

EasyJet CEO Carolyn McCall To Step Down

UK low-cost carrier easyJet has announced that Carolyn McCall will step down as CEO around the end of 2017 to lead UK television company ITV. The airline said McCall will continue with her existing responsibilities; the search for her successor is already underway. “This was a really difficult decision for me to make,” McCall said. […]

FL Technics Will More Than Double Asian Staff

Lithuania’s FL Technics is based in one region with healthy aviation growth, but the firm aims to serve the even more rapidly growing markets far to the East. Since opening its first office in Southeast Asia in 2011, FL has added an office in Bangkok and a hangar in Indonesia. The MRO now employs 100 […]

Chaos Hits Gatwick Flights After Airliner Suffers Tyre Blowout

Airline passengers are facing cancellations, delays and disruption after a plane tyre burst as it left the runway on a transatlantic flight. Flights are using Gatwick’s back-up runway after the airport’s main strip was closed following an incident involving an Air Canada Rouge flight to Toronto. The plane was leaving Gatwick at 1.16pm bound for […]

DOT Tentatively Approves Norwegian UK Air Permit

The US has tentatively granted low cost carrier (LCC) Norwegian UK a foreign air permit, saying it sees no persuasive basis to deny the application. The tentative go-ahead from the US Department of Transportation (DOT) comes more than 18 months after Norwegian filed its application in December 2015. The application was met with considerable opposition […]