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IAG swaps Air Europa loan for a 20 percent stake

IAG swaps Air Europa loan for a 20 percent stake

by Richard Schuurman | Aug 16, 2022 | Airlines | 0 comments

International Airlines Group (IAG) has exercised its option to convert a €100 million loan to Spanish carrier Air Europa into a twenty percent share, it announced on August 16 in a regulatory filing. This means that IAG has finally got a foot in the door with the...
Airbus continues to source Russian titanium via subsidiaries

Airbus continues to source Russian titanium via subsidiaries

by Richard Schuurman | Apr 12, 2022 | Airlines | 0 comments

UPDATE –  Airbus confirms that it is still sourcing some of its titanium from Russian supplier VSMPO. This is despite the international sanctions that have been imposed on Russia after it invaded Ukraine on February 24. The European airframer states that it is...
Ryanair targets use of one-third of SAF by 2050

Ryanair targets use of one-third of SAF by 2050

by Richard Schuurman | Mar 21, 2022 | Airlines | 0 comments

Increasing its uptake of sustainable aviation fuels (SAFs) to slightly over one-third (34 percent) is one of the means how Irish low-cost carrier Ryanair wants to become carbon neutral by 2050. The use of more SAF is part of its ‘Pathway to Net Zero’ that was...
Lufthansa bid on ITA Airways could start more consolidation

Lufthansa bid on ITA Airways could start more consolidation

by Richard Schuurman | Jan 25, 2022 | Airlines | 0 comments

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Brussels approves state aid for restructuring plan TAP Portugal

Brussels approves state aid for restructuring plan TAP Portugal

by Richard Schuurman | Dec 23, 2021 | Airlines | 0 comments

TAP Portugal can continue its restructuring plans now that the European Commission has approved €2.55 billion in state aid the carrier from the Portuguese government. The Commission also ruled positively over a combined €178.5 million in Covid-aid. Brussels approves...
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