Lufthansa’s Eurowings says bookings strong despite inflation worries
Lufthansa’s budget carrier Eurowings said on Wednesday it was not seeing fewer bookings due to consumers’ worries about inflation and recession amid the war in Ukraine. “We have had concerns…
Air France-KLM launches 2.3 bln euro rights issue
Air France-KLM on Tuesday unveiled a 2.256-billion-euro ($2.41 billion) rights issue to existing shareholders to strengthen its balance sheet and further repay French state aid. The French and Dutch states…
Air France-KLM in talks with Apollo on 500 mln euro cash injection
Air France-KLM said on Friday it had entered exclusive talks with private equity firm Apollo for a 500 million euro ($529 million) capital injection into one of its engineering and…
Italy freezes 146 mln euro assets of Russian Sukhoi in JV with Leonardo
Image: REUTERS/Kieran Doherty Italy’s police said they froze assets worth 146 million euros ($153 million) owned by Superjet International, a joint venture between Russia’s Sukhoi and Leonardo, as the country…
A4E Calls For Reform Of Airport Charges
Thomas Reynaert, A4E MD, makes his case at Routes Europe 2022 – Image: Ocean Driven Media Airport price hikes of 10-30% will only hinder the recovery given the cost-driven nature…
Wizz Air aims to form a new airline subsidiary in Malta
Hungary-based low-cost carrier Wizz Air plans to set up a new airline subsidiary registered in Malta, as it aims to reinforce the airline’s position and support expansion plans in Europe.…
Aeroflot buys eight stranded Airbuses from foreign leasing firms
Image: Maxim Zmeyev Russia’s biggest airline, Aeroflot, said on Friday it had bought eight Airbus A330 aircraft from foreign leasing companies “as part of the fulfilment of contractual obligations”. More…
easyJet to cut A319 seat capacity to fly with fewer crew
easyJet will reduce its Airbus A319 aircraft capacity in order to fly with fewer cabin crew members. The move comes as the UK-based budget carrier faces staff shortages. As part…
Lufthansa to buy seven Boeing passenger aircraft, 10 cargo planes
Germany’s Deutsche Lufthansa announced plans on Monday to buy Boeing passenger and cargo planes with a total list price of nearly $6 billion, citing a drive to modernise its fleet…