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November 7, 2024

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November 7, 2024

Lufthansa's takeover of Ita Airways: A multi-million dollar dispute and political tensions

Belinda Borg 7 November 2024 07:31

Lufthansa's takeover of 41 percent of the Italian airline Ita Airways is facing new challenges. Shortly before the planned completion of the deal, a dispute has broken out between Lufthansa and the Italian Ministry of Economy, which is jeopardizing the project. According to reports, the ministry has put the deal on hold for the time being because Lufthansa is questioning the originally agreed purchase price. The airline argues that the value of Ita Airways has decreased in recent months and that it therefore wants to pay less than the agreed 603 million euros. According to Italian media reports, the company is trying to save a sum of around ten million euros. Lufthansa and the Italian Ministry of Economy: Disagreement close to completion The plan for Lufthansa to buy the Ita shares was signed by the Italian government in May 2023. With Lufthansa's entry, Italy is pursuing the goal of strategically strengthening the loss-making Ita Airways, which emerged from the insolvent Alitalia, and making it more competitive on the European market. Lufthansa originally planned to complete the takeover by the end of 2024, but negotiations again ran into political obstacles and financial differences. The German aviation group argues, according to insiders, that the valuation of the Italian airline is lower today than it was six months ago. Reasons for this could be the uncertain economic outlook, rising operating costs and ongoing operational problems at Ita Airways. The company has made heavy losses since its founding in 2021 and is under considerable pressure to cut its costs and enter new markets. However, Lufthansa spokespeople explained on

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Tap Air Portugal increases bond offering to 400 million euros

Belinda Borg 7 November 2024 07:01

Tap Air Portugal has increased its bond offering from an initial €350 million to a current €400 million, the maximum amount approved by the government for raising debt. The proceeds from the bond offering will be used to repay debts due on November 8. This measure is part of the airline's efforts to ensure its financial stability following the strains of the COVID-19 pandemic.

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British Airways celebrates 25 years of flight operations at London City Airport

Amely Mizzi 7 November 2024 06:32

On November 5, 2024, British Airways (BA) celebrated the 25th anniversary of flight operations at London City Airport (LCY), a milestone for the airline and the airport in one of London's most dynamic economic centers. British Airways operates its flights from LCY through its subsidiary BA CityFlyer, which currently operates a fleet of 20 Embraer ERJ-190 aircraft and flies to 26 European cities. With a focus on fast access to London city center and seamless handling within 20 minutes, BA CityFlyer focuses on efficiency and proximity to the British capital. London City Airport and its importance for British Airways Opened in 1987, London City Airport, just eight miles from central London and close to Canary Wharf, is strategically positioned to particularly appeal to business traffic. While around 2023 million passengers were handled there in 3,4, passenger volume is expected to continue to rise by the end of 2024, approaching the level of five million in 2019. BA CityFlyer, the largest operator at London City Airport with around 50 percent of all flights, values ​​this location for its proximity to London's financial district and its customer-friendly infrastructure. Growth in route selection and customer loyalty Since 1999, when British Airways' franchise partner British Regional Airlines first flew from London City, the route has developed steadily. After BA CityFlyer replaced BA Connect in 2007, the company expanded the route network to over 50 destinations, including Frankfurt, Geneva and the popular destination Edinburgh, which are considered the oldest routes. Edinburgh remains LCY's most frequently used destination, followed by Glasgow, Amsterdam and Frankfurt. The most distant destination is Mykonos in

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Eurowings plans new connections to Ljubljana

Amely Mizzi 7 November 2024 06:09

Eurowings is expected to start flights from Berlin to Ljubljana, Slovenia, from April 11, 2025 and one day later from Düsseldorf. The Lufthansa subsidiary is the only airline to have applied for a tender from the Slovenian government, which provides subsidies to promote new flight connections to the country. This measure is intended to expand the air transport network in Slovenia and create new international connections. Ex-Yu-Aviation.com was the first to report on the plans.

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Netherlands orders 12 Airbus H225M

Belinda Borg 7 November 2024 05:38

The Netherlands has taken a step to strengthen its military capabilities: on November 5, 2024, at the Euronaval exhibition in Paris, it announced that it would order twelve Airbus H225M Caracal helicopters. This new fleet is intended to replace the aging H215M Cougar transport helicopters, which have been in service for almost three decades. The decision to go with the H225M was made back in June 2023 after a comprehensive evaluation in which the Caracal prevailed over competing models thanks to its versatility, range and proven performance. The H225M Caracal, developed by Airbus Helicopters, is a latest-generation medium multi-purpose helicopter optimized for missions such as troop transport, military support and rescue operations. With a maximum range of 1.253 kilometers and the ability to be refueled in flight, these helicopters offer remarkable flexibility for long missions. The Dutch Air Force plans to use the Caracals in the new Special Operations Squadron 300, which has been specially designed for operations in cooperation with the Korps Commandotroepen and the Maritime Special Operations Units. The aim is to further strengthen the country's military capabilities for demanding operational conditions at sea and on land. The purchase of 14 Caracal helicopters was originally planned, but the Ministry of Defence was forced to reduce the order to 2030 machines for cost reasons. This reduction was necessary in order to stay within the budget and still ensure that the helicopters are equipped according to the specific requirements of the special unit. The total delivery of the helicopters is planned for the period 2032 to XNUMX; the machines will be stationed at the Gilze-Rijen air base, where the Cougar helicopters are currently in service.

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Eurowings launches new connection from BER to Jeddah

Amely Mizzi 7 November 2024 05:08

Eurowings now connects Berlin Brandenburg Airport (BER) with Jeddah in Saudi Arabia three times a week. The flights depart from Berlin on Tuesdays, Fridays and Sundays at 21:20 p.m. and arrive in Jeddah at 05:00 a.m. The return flight departs at 06:30 a.m. and arrives in Berlin at 10:35 a.m. The flight time is around six hours. With this new connection, Eurowings is expanding its Middle East offering and strengthening BER's international connections. Since the end of October, Dubai has also been served again with increased frequency.

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Iberia operates first commercial flight with Airbus A321XLR

Amely Mizzi 7 November 2024 04:30

On November 6, 2024, Spanish airline Iberia reached a milestone by becoming the first airline to use the new Airbus A321XLR on a commercial flight. The brand new aircraft, registered as EC-OIL, took off from Madrid-Barajas International Airport (MAD) and landed at Paris-Charles de Gaulle Airport (CDG) about two hours later. This premiere marks the start of Iberia's use of this aircraft on transatlantic routes and has the potential to transform the long-haul market for good. The Airbus A321XLR is known for its exceptional range and is seen as a beacon of hope for so-called "thin" long-haul routes, which have lower demand and where traditional wide-body aircraft would often be unprofitable. With a range of up to 8.700 kilometers, the A321XLR can connect cities on both sides of the Atlantic non-stop, which is particularly important for Iberia's strategy of promoting direct connections between secondary cities. The aircraft, which was delivered by Airbus in Hamburg on October 30, 2024, offers 182 seats, including 14 in business class. Iberia plans to use the A321XLR on induction flights to Paris and London in the initial phase to familiarize crews with the specific requirements of this model, before it goes into regular service on transatlantic routes, such as to Boston, in early 2025. The decision to give Iberia the first model of the A321XLR was not originally planned. The Lebanese Middle Eastern Airlines (MEA) was actually supposed to be the launch customer. Due to internal challenges at the Irish airline Aer Lingus, which is also part of the International Airlines Group (IAG), the choice finally fell on Iberia.

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Frankfurt modernizes passenger controls with new scanners

Stephen Steiner 7 November 2024 04:02

Frankfurt Airport is relying on modernized security checks: In cooperation with Rohde & Schwarz, the airport operator Fraport will install over 100 new R&S QPS201 body scanners to make passenger checks faster and more efficient. These scanners work with millimeter wave technology and artificial intelligence and, according to Fraport, should ensure more precise detection while minimizing false alarms. The use of this technology means that passengers will have to go through additional security checks less often in the future, as potential danger areas can be precisely displayed on an avatar. In a complementary pilot project, the R&S QPS Walk2000 is currently being tested, a walk-through scanner that allows passengers to walk through the check without stopping. This scanner, the world's first of its kind, could make it unnecessary to take off jackets and remove items from bags in the future, thus speeding up the process even further. The test is running in Terminal 1 of Frankfurt Airport and is designed to last for six months. In 2023, Fraport took over responsibility for security checks from the Federal Ministry of the Interior and is investing extensively in optimizing passenger handling. The new scanners, which have already been approved by the European Civil Aviation Conference, are intended to improve the screening process for the more than 50 million passengers annually at Germany's largest airport.

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