Major airports across Europe need to face up to a looming shortfall in capacity from next winter as airlines continue to restructure their operations, Ryanair DAC CEO Eddie Wilson told delegates at Routes Reconnected. 

Finnair has raised its savings target by a further €30 million ($36 million) to €170 million by 2022 as it aims to increase the scale of permanent reductions to its cost base.  

The UK CAA has rejected Heathrow Airport’s request for £2.6 billion ($3.6 billion) to cover COVID-19 pandemic-related losses, labeling the claim as “disproportionate and not in the interests of consumers.”

Airports and airlines will need to be “very creative in finding new solutions” to cope with the post-pandemic aviation market, a panel at Routes Reconnected heard on April 26.

As the industry looks for signs of recovery, slot distribution remains a delicate balance for airlines, airports and authorities.

The latest survey of more than 40 service providers suggests a shift in MRO spending is well underway.

LCC IndiGo has agreed to a sale and leaseback deal with lessor GECAS covering 14 CFM LEAP-powered Airbus A320neos, as India battles a crippling second wave of coronavirus infections.

Airlines welcomed comments by European Commission (EC) President Ursula von der Leyen in which she said the European Union would allow unrestricted travel for U.S. travelers who have been vaccinated.