Category: Europe

Lufthansa Buys Major Portion of Defunct Air Berlin

Reading Time: < 1 minute In what Carsten Spohr, chief executive of Lufthansa, said was a “great day” for his company, Germany’s largest carrier has agreed to purchase the lion’s share of Air Berlin, which filed for bankruptcy protection on August 15. The purchase price of €210m (US$245m) will see Lufthansa looking to acquire 80 of Air Berlin’s 144 aircraft, […]

Bankrupt Air Berlin to Stop Flying at the End of the Month

Reading Time: 2 minutes When Air Berlin, Germany’s second-largest airline, filed for bankruptcy protection, the stricken carrier was given a government bridging loan of €150 million (US$177 million) to keep it operational while a buyer, or buyers were sought. It was hoped that the carrier would prove more attractive if it remained operational and the loan was intended to […]

Air France and Vietnam Airlines Sign a New Joint Venture

Reading Time: 2 minutes On 10 October 2017, Air France and Vietnam Airlines announced the signing of a strategic partnership allowing the two airlines to optimize their services between France, Europe and Vietnam and to strengthen their position in a buoyant but highly competitive market. Starting 1 November 2017, date of the launch of this new joint venture, Air […]

Boeing Provided Monarch With $130m Bailout In 2016

Reading Time: < 1 minute Boeing  reportedly injected GBP100 million (USD131 million) into Monarch Airlines  last year as part of a bailout that briefly kept the airline operational, reports The Financial Times. However, the cash payments, which were paid over a period of six months from October 2016 into Monarch’s holding company, the Jersey-based Petrol Jersey Limited, weren’t enough to […]

AviaAM Leasing leases Airbus A321 to Yamal Airlines

Reading Time: < 1 minute AviaAM Leasing, a Warsaw Stock Exchange listed global aviation holding company engaged in the business of commercial aircraft acquisition, leasing and sales, has announced the delivery of Airbus A321-211 to its long-standing partner Yamal Airlines. The aircraft was leased to the carrier under an operating lease agreement for the term of 6 years. Prior to […]

More than 7% increase in Air Travel Compared to Last Year 2017

Reading Time: 3 minutes The International Air Transport Association (IATA) announced industry performance statistics for 2016 showing that system-wide, airlines carried 3.8 billion passengers on scheduled services last year, an increase of 7% over 2015, representing an additional 242 million air trips. This information is included in the 2017 edition of the IATA World Air Transport Statistics (WATS), the […]

Lufthansa To Hire 1,000 Flight Attendants For A380 Munich Operations

Reading Time: < 1 minute Lufthansa will hire 1,000 flight attendants for its Munich hub as its launches Airbus A380 operations from the Bavarian capital in spring 2018. “From March 25, our A380s will take off for Hong Kong, Los Angeles and Beijing,” Lufthansa Munich hub CEO Wilken Bormann said. Lufthansa will transfer five of 14 509-seat Airbus A380s from […]

Production of First Parts Of The Latest A330neo Gears Up

Reading Time: < 1 minute As Airbus prepares for the first flight of the A330-900, production of the second member of the A330neo Family, the A330-800, is well underway with the first parts advancing at Airbus sites throughout Europe. These parts include the new increased-span wing now being equipped in Bremen (Germany) and its new composite Sharklets from KAL-ASD, the […]

EasyJet Prepares For Fleet Changes

Reading Time: 3 minutes Aircraft scheduled to arrive and leave its fleet over the winter months. UK LCC easyJet is bracing for a busy winter, transitioning aircraft to its Austrian air operator’s certificate (AOC), growing its A320neo fleet and phasing out 30 of its Airbus A319s. EasyJet operates a fleet of 280 aircraft, made up of Airbus A319s, A320s […]

BAA Training Receives Approval for Embraer E190 Type Rating in Tanzania

Reading Time: < 1 minute BAA Training, European standard aviation training centre, has received an approval to provide Embraer E190 Type rating training from the Tanzania Civil Aviation Authority (TCAA). From now on the company can provide Tanzanian airlines with initial and recurrent Embraer E190 Type rating training and full flight simulator dry or wet lease in all BAA Training […]