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Aviation

  • End to ‘preighting’: European airlines no longer allowed to pack empty passenger planes with cargo

    April 20, 2022

    Airlines across the European Union are no longer allowed to pack empty passenger planes with cargo, in a further sign that the aviation industry is recovering from the pandemic. The temporary exemption to allow so-called ‘preighting’ – using passenger planes to transport freight – was introduced during the pandemic as passenger flows dried up while [...]

  • Ukraine war leading to long-term consequences for aviation, says Emirates’ Sir Tim Clark

    April 18, 2022

    The Ukraine war and the consequent exclusion of Russia from the global economy will have long-term consequences for global aviation, said Emirates’ boss Sir Tim Clark. “This [war] will have major manifestations of perhaps disadvantage for both sides. And this will have an impact on the industry,” he told the BBC today. Clark said Emirates was [...]

  • US lessor Air Lease says 21 jets stranded in Russia

    April 12, 2022

    US leasing company Air Lease Corp said today 21 of its jets were still stranded in Russia after the company terminated all contracts with the sanction-hit country. Air Lease did not reply when asked about how it could get its aircraft back, but it is believed it could claim insurance following the Kremlin’s decision to [...]

  • Moscow plots retaliation following EU blacklisting of 21 Russian airlines

    April 12, 2022

    Moscow’s aviation regulator said it was planning countermeasures after the EU Commission banned 21 Russian airlines from operating. The Rosaviatsia said Brussels’ decision attested to a “policy of discrimination and violation  of international aviation law,” which is expected to bring about “response measures” from Moscow’s side. The EU Commission announced yesterday it had added a [...]

  • Empty planes with no one checking in: Staggering 15,000 ‘ghost flights’ took off from UK during pandemic

    April 11, 2022

    The Civil Aviation Authority has recently revealed that almost 15,000 “ghost flights” departed from 32 UK airports between March 2020 and September 2021.  With around 4,910 planes Heathrow made the top of the list, followed by Aberdeen, Manchester and Stansted, at an overall  average of 720 per month. According to City A.M. estimates, that would [...]

  • EU Commission adds 21 Russian airlines to banned list

    April 11, 2022

    The European Commission announced today it has added a further 21 Russian airlines to the list of carriers prevented from operating in the bloc. According to the body, the carriers do not meet international safety standards as they are operating domestically without the valid documentation. “The Russian Federal Air Transport Agency has allowed Russian airlines [...]

  • Sunday Spotlight: Airbus is winning the battle for the skies from beleaguered Boeing

    April 10, 2022

    The recent challenges around safety concerns and the impact of the coronavirus pandemic have resulted in American aircraft manufacturer Boeing losing ground to Airbus. Although both companies control a significant market share, Toulouse-based Airbus has extended its dominance over the last five years. According to data compiled and calculated by Finbold, shared with City A.M. this [...]

  • Global aviation to recover by mid-2023 despite uncertainty of Ukraine war

    April 7, 2022

    Global aviation is expected to go back to 2019 levels by August 2023 despite the uncertainty caused by Russia’s invasion of Ukraine. According to aviation analytics firm Cirium, traffic at the end of the year will be between 10 and 15 per cent down on pre-pandemic levels, but a steady recovery is expected to continue [...]

  • Aircraft lessors see ‘horrendous’ hike in insurance costs

    April 7, 2022

    Lessors are already seeing a “horrendous” hike in insurance costs as the Kremlin’s retaliation against Western sanctions start to bite, said BOC Aviation’s boss Robert Martin. “Because there are going to be huge claims on these insurances this year for confiscation or theft if the aircraft aren’t given back, this will then have a knock [...]

  • Passenger rights take off as non-EU airlines including BA and easyJet to be made liable for compensation

    April 7, 2022

    Non EU airlines operating flights on behalf of carriers from the bloc will be liable for compensation for delayed and cancelled flights. Issued today by the Court of Justice of the European Union, the verdict represents another boost to passenger rights. “Passengers of a delayed flight may claim compensation from a non-EU air carrier where [...]

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