Low cost carrier Wizz Air is aiming to raise €200 million ($273 million) through an initial public offering on the London Stock Exchange next month. The 10-year-old company is seeking to expand its network, which currently consists of around 315 routes between 96 destinations in 35 countries, in order to challenge the continent’s leading budget carriers Ryanair and EasyJet. U.S. private equity group Indigo Partners, which is currently Wizz Air’s leading shareholder, is expected to reduce its equity holding through the share offering.
UK carrier EasyJet said it will apply new technologies, including operating small unmanned aircraft systems (UAS), to maintain its Airbus fleet. The airline is also developing 3D virtual reality and augmented reality technology, customized engineering applications and early fault prognosis. It is installing Panasonic Toughpad tablets in cockpits fleetwide.
Statistics released this week by Airbus showed that commercial aircraft bookings for 78 airplanes in April increased its net order total for the year to 142, while Boeing’s order total for the month stood at 70, raising its 2014 net total as of May 6 to 291.
Despite an apparent historic consensus at the ICAO Triennial Assembly in Montreal in early October to develop a global market-based mechanism for managing aircraft emissions, the European Commission (EC) has pressed ahead with plans to implement its emissions trading scheme (ETS) in the meantime.
SR Technics (Stand 1906) has redelivered its 100th aircraft, an Airbus A319 belonging to easyJet, from its Malta MRO facility. The aircraft departed from Malta International Airport last week for London Gatwick after undergoing an immediate layover check (heavy maintenance). SR Technics started operations in Malta in 2010, and easyJet has been the facility’s main customer, along with Finnair, Portugal’s Orbest and France’s Aigle Azur.
Six months after promising a thorough overhaul of its business and having suffered the “most challenging” period in the 10 years since its re-branding from the former British European Airlines, UK regional Flybe reports a “re-energized commercial performance.” In the 12 months leading to March 31, the airline saw losses grow more than five-fold, to £40.7 million ($62 million), driven by increased fuel charges, passenger taxes–which accounted for around 18 percent of its UK-generated ticket revenue–and the costs of restructuring, including the elimination of 490 jobs.
UK airline easyJet placed conditional orders with Airbus on Tuesday for 100 new A320neos and 35 Sharklet-equipped A320s worth $12 billion at list prices. The A320s are scheduled for delivery between 2015 and 2017, while the A320neos will be delivered from 2017 to 2022, according to the announcement at the Paris Air Show.
EasyJet said 85 of the aircraft will be used to replace aging aircraft as they leave the fleet over the next nine years; the remaining aircraft deliveries will support the carrier’s strategy of increasing its seat capacity by 3 to 5 percent annually.
UK-based low-cost carrier EasyJet, Airbus and Nicarnica Aviation plan a final test in August of the Nicarnica-developed airborne-volcanic-object imaging detector in a bid to prevent major air traffic disruption like the one the eruption of Iceland’s Eyjafjallajökull caused in 2010.
Styling itself as “Africa’s first pan-African low-cost carrier,” Fastjet certainly looks like an airline in a hurry. Having opened its base in Dar es Salaam, Tanzania, only late last November, it now plans to launch operations in Kenya, Angola and Ghana this year, starting with five Airbus A319s it aims to acquire during the first six months of its expansion and 15 within a year. It also hopes to benefit from the wreckage of South Africa’s low-cost sector with its pending acquisition of defunct 1Time Airline.
Airbus and its air traffic management subsidiaries, together with systems integration company EADS Cassidian, said they will participate as industry partners in seven European flight trials set to begin early next year through 2014 under the direction of the Single European Sky ATM Joint Undertaking (Sesar JU).
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