Ryanair Holdings PLC, which owns Ryanair (FR/RYR) has filed a legal suit against the Swedish Governments €455m aid package for Swedish Airlines. The loan guarantee scheme from the Swedish Government has received EU approval but Ryanair is asking the EU to cancel that approval. Ryanair argues that the scheme, which [read more]
Wayne Harvey has been appointed as the new chairman of Cardiff Airport replace Roger Lewis. Mr Harvey is currently is a senior partner with Audit & Assurance specialists Deloitte and has previously worked for Ernst & Young (EY). He has a tough start to the role with the industry facing [read more]
Irish carrier Aer Lingus (EI/EIN) has come under fire after images appeared on social media showing a packed flight from London to Belfast. The images posted on twitter by BBC NI journalist Kelly Bonner show a packed flight with most of the seats taken in breach of social distancing guidelines. [read more]
Ryanair (FR/RYR) is to cut 3000 jobs across the airline in a bid to survive the next year. The job cuts will primarily come from operational staff, Pilots and Cabin crew according to sources at the airline. The news comes just 24 hours after it emerged British Airways was also [read more]
Seattle-based airframer Boeing has announced that it plans to cut its workforce by 10% as it seeks to cut costs following a $641m loss in the first quarter of 2020. Boeing made the announcement as it posted its first-quarter results and said it will seek to cut 16,000 jobs through [read more]
European airframer Airbus has confirmed that it will furlough 3,200 of its workforce at its wing manafacturing site at Broughton, North Wales. The news comes just hours after Airbus CEO Chief Executive Officer, Guillaume Faury told staff that the company was ” “bleeding cash at an unprecedented speed” and it must [read more]
South African Airway (SA/SAA) is close to collapse after it failed to secure further backing from the South African Government. The airline has offered redundancy packages to all of its 4,700 staff members from the end of April. State-owed South African Airways has received numerous bailouts from the South African [read more]
The aircraft leasing and financing arm of General Electric (GE) has cancelled an order for 69 Boeing 737 Max aircraft. Irish-American GE Capital Aviation Services (GECAS) has been re-evaluating its order book as global aircraft demand drops off with the Coronavirus (COVID-19) pandemic. Although not mentioned directly as a reason [read more]
British Airways is retiring five more Boeing 747-400 Jumbo Jets this week with the first arriving at an airfield in Gloucestershire earlier today. The earlier than planned retirement of the aircraft comes as a direct result of the Coronavirus pandemic which has grounded the majority of British Airways fleet. When [read more]
Liverpool Airport (LPL/EGGP) has said that from tomorrow (12th April) all scheduled passenger flights will operate from the XLR Executive Jet Centre. The move allows the airport to close the main terminal as passenger flights have all but stopped at the airport, and across the UK as a result of [read more]
©2014-2022 UK Aviation News | A UK Aviation Media Production | Hosted and Maintained by Newport Digital | Find us on Mastodon