Category: Europe

Fuel Prices Rise But Major Airlines Have No Hedging Plans

Reading Time: < 1 minute Commenting at the Airline Economics Conference in Dublin on Monday, January 22, four of the major carriers, Delta Air Lines, American Airlines, United Airlines and Dubai-based Emirates, confirmed they will not be hedging fuel bills, despite a recent rise in the cost of oil. For the first time in three years, the global Trent benchmark […]

ATR Triples Firm Orders in 2017

Reading Time: < 1 minute Turboprop maker ATR says it more than tripled the number of firm orders in calendar 2017 as it broadened its global footprint around the world. The company said it secured firm orders for 113 aircraft in the 12 months to December 31 2017, up from 36 firm orders in the prior corresponding period. “In 2017, […]

SAS in ‘Final Negotiations’ for New A320neo Order

Reading Time: < 1 minute Scandinavian Airlines (SAS) has confirmed it is in final negotiations with Airbus for a large batch of A320neo narrowbodies following a Reuters report, citing SAS CFO Goran Jansson, that the carrier will purchase 40-50 aircraft. An SAS spokesman told ATW he could not confirm precise quantities: “I’m not sure we’re talking about numbers at the […]

British Airways in Talks Over New A380 Order

Reading Time: < 1 minute British Airways is in talks with Airbus over the proposed acquisition of new A380-800s informed sources have told Bloomberg news. Last year, the IAG International Airlines Group unit was linked to the purchase of between six and seven used A380s but, according to the sources, is now considering acquiring a larger number of new-build aircraft. […]

Lufthansa Technik Logistik Services on the Way to a Digital Warehouse

Reading Time: < 1 minute Lufthansa Technik Logistik Services (LTLS) is driving digitalization forward by purposefully using Internet of Things (IoT) technologies. The aim is to improve the efficiency of operational processes and lay the foundation for reducing the workload of employees. For this purpose, the wholly owned subsidiary of Lufthansa Technik AG has launched a targeted warehousing program as […]

Ryanair UK Pilots Vote to Accept Pay Increases of up to 20%

Reading Time: < 1 minute Ryanair confirmed that all 15 of its UK pilot bases – including London Stansted which had previously rejected an improved pay deal – have now voted in secret ballot to accept pay increases of up to 20% and these increases will be paid next week in the January payroll. These increases bring Ryanair’s pilot pay […]

How Cryptocurrencies Are Changing Private Jet Travel

Reading Time: 2 minutes For private jet passengers, time and reliability are paramount when booking a flight. Flexibility and safety is also within the coveted traits of this market. During the past few months, a new payment method, the cryptocurrencies, have propelled this market to new heights, granting clients with a swifter, secure and universal transaction system. Speed and […]

Emirates Signs Agreement for up to 36 Additional A380s

Reading Time: 2 minutes Dubai-based Emirates Airline has signed a Memorandum of Understanding (MoU) to acquire up to 36 additional A380 aircraft. The agreement was signed at the airline’s headquarters in Dubai by HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group, and John Leahy, Chief Operating Officer – Customers, Airbus Commercial Aircraft. […]

More M&A Activity Expected In 2018

Reading Time: 2 minutes In the minds of many industry analysts, there’s an air of inevitability about further aftermarket acquisitions in 2018. “MRO M&A activity will continue to be quite robust and consistent with the transaction volumes over the past few years,” predicts Jonathan Berger, managing director of New York-based Alton Aviation Consultancy. An MRO-Network Twitter poll from early […]

Germania Sets Course for all-Airbus Fleet

Reading Time: < 1 minute From 2020, independent German airline Germania will be implementing the most comprehensive fleet replacement measures in its corporate history. In this context, the airline is now setting the course for the standardisation of its fleet. Over the next 15 months, the ten Boeing type 737-700s in the fleet will be retired and replaced with Airbus […]