Ryanair anticipates an 80 per cent return to pre-pandemic capacity levels by July, while announcing 26 new destinations in its network, as the carrier ambitiously banks on a fast-approaching European industry recovery. The European budget carrier’s chief executive, Michael O’Leary, reiterated on Wednesday that he is confident in a meaningful recovery for intra-European air travel,
Lawmakers in the US are set to debate whether or not a new Scandinavian airline, Norse Atlantic, should be allowed a permit to enter the US market. Last week, World of Aviation reported that Bjorn Kjos, the founder and ex-CEO of troubled carrier Norwegian Air, has taken another shot at the budget trans-Atlantic market, in
International Airlines Group, the parent company to British Airways, has offered some of its lucrative landing slots at London’s airports as collateral for the first time to secure US$1.8 billion in new funding to strengthen its financial situation. Rising coronavirus cases in continental Europe have dented expectations that mass travel will be able to restart
A deal struck between aircraft leasing company Dubai Aerospace Enterprise and US carrier American Airlines over the sale-and-leaseback of 18 737 MAX jets is nearing completion. According to the Dubai-based lessor, Dubai Aerospace Enterprise (DAE) has “substantially completed” its deal to deliver the 737 MAX 8 jets to American. The deal was signed in Q3
European planemaker Airbus is set to increase the range on its A220-300, the largest of its A220 variants, by some 200 nautical miles. According to Airbus, from mid-2021 it will be offering A220-300 customers with a range increase of 200 nautical miles, after increasing the aircraft’s maximum take-off weight (MTOW) by one tonne to 70.9
Public confidence in what was looking to be a recovery in the European travel industry by the all-too-important summer travel season has fallen, as new waves of infection see airline shares plummet. Shares in European airlines fell across the board on Monday, following announcements from the UK government that continued to advise against summer travel,
