Benelux

Jet missed its headline shipment target by a whisker in 2024, provisionally launching more than 765 jets to airline companies and lessors, market sources said, mentioning preliminary data. Plane notionally delivered more than 122 planes in December, bringing the total for the year to just over 765, they stated. Airbus decreased remark ahead of a statement on Jan 9. The European planemaker had actually anticipated around 770 shipments after lowering its target in July due to provide problems, and avoided a prospective 2nd revenue warning after striking a deal over extra engine supplies in November. But products of interiors stay...

Concerns about conflict in the Middle East have actually triggered worldwide airline companies to suspend flights to the region or to prevent afflicted airspace. Below are a few of the airline companies that have suspended services to and from the area: AEGEAN AIRLINES The Greek airline company has actually cancelled flights to and from Beirut until March 29. AIR ALGERIE The Algerian airline company has actually suspended flights to and from Lebanon till additional notice. AIR ARABIA The United Arab Emirates carrier will resume flights to Beirut on Jan. 9. AIRBALTIC Latvia's airBaltic has cancelled flights to and from Tel...

Wizz Air on Tuesday said it had actually signed a brand-new support agreement with defence and aerospace firm RTX's Pratt & & Whitney amidst engine concerns, adding that it expects 40 of its planes to remain grounded through 2026. The affordable Hungarian airline said Pratt & & Whitney will supply business assistance, consisting of operational assistance and a settlement package for direct costs associated with grounded airplane, through the end of 2026. Budapest-headquartered Wizz Air, which flies an all-Airbus fleet, has had to browse extra challenges after Pratt && . Whitney in 2023 stated more than 1,000 engines required to...

Swiss International Air Lines stated on Monday a member of its cabin crew who ended up in intensive care recently when the flight he was on suffered engine issues and smoke inside the aircraft, has passed away in hospital. The Jet A220-300 from Bucharest to Zurich made an emergency landing in the Austrian city of Graz on Dec. 23 after the problems arose. The guy was then taken to healthcare facility in Graz where he died. We are all deeply shocked by the death of our cherished colleague. The news leaves us deeply saddened and stunned. Our ideas are with...

The crash on Sunday of a Jeju Air Boeing 737800 in Seoul eliminated a total of 179 people in the deadliest air disaster on South Korean soil. Here are some of the biggest aviation accidents of 2024, in order of severity: SOUTH KOREA Jeju Air worldwide flight 7C2216, originating from Bangkok, Thailand, and directed to Seoul, crashed on Dec. 29, eliminating all 175 passengers and 4 of the 6 team. BRAZIL Voepass regional flight 2283, an ATR-72 turboprop stemming from Cascavel and directed to Sao Paulo, crashed on Aug. 11 in the town of Vinhedo, eliminating all 62 people on...

Concerns about dispute in the Middle East have triggered international airline companies to suspend flights to the area or to prevent afflicted air area. Below are some of the airlines that have actually suspended services to and from the region: AEGEAN AIRLINES The Greek airline has actually cancelled flights to and from Beirut up until March 29. AIR ALGERIE The Algerian airline has suspended flights to and from Lebanon until further notice. AIR ARABIA The United Arab Emirates provider resumes flights to Beirut on Jan. 9. AIRBALTIC Latvia's airBaltic has actually cancelled flights to and from Tel . Aviv till...

The following are the top stories in the Wall Street Journal. Reuters has actually not verified these stories and does not guarantee their accuracy. - Signify, previously known as Philips Lighting, has actually been bought by a German court to remember items apparently infringing on patents of South Korea's Seoul Semiconductor for more than 7 years. - Chinese consumer-electronics expert Xiaomi will sign up with the electric-vehicle charging networks of competitors NIO , XPeng and Li Automobile, giving its customers access to 10s of countless charging stations in China. - Taiwan has actually blocked Uber Technologies' planned $ 950 million...

A Swiss International Air Lines flight bound for Zurich from Bucharest made an emergency landing in Austria due to the fact that of engine issues and smoke in the cabin and cockpit that left one team member in extensive care, the carrier said. The Airbus A220-300 aircraft involved in Monday's occurrence was carrying 74 passengers and five crew when it landed in the Austrian city of Graz. All guests were evacuated, and a lot of are now returning to Zurich, Swiss stated in a declaration. Twelve passengers on flight LX1885 got treatment. All who were hospitalized have been able to...

Taiwan's China Airlines will split an order for its longhaul fleet renewal in between Boeing and European competing Plane and purchase trucks from the U.S. planemaker in a closely seen offer worth practically $12 billion. Taiwan's biggest provider had been thinking about the 777X, of which the 777-9 is an alternative, and A350-1000 as replacements for its fleet of 10 Boeing 777-300ERs and to provide capacity for future development, sources have told Reuters previously. China Airlines stated on Thursday that it would buy 10 Boeing 777-9 airplane and 10 Jet A350-1000s along with 4 777-8 truck airplane for $11.9 billion,...

Vaeridion, a German aviation firm establishing an electrical microliner as the air travel industry makes a push to cut emissions, said it had actually raised 14 million euros ($ 14.70 million). The company, established in 2021 by previous Airbus supervisors Ivor van Dartel and Sebastian Seemann, said the cash raised would be utilized in its strategies to develop an electrical microliner which will provide commercial flights by 2030. Its plane will bring approximately 9 guests in addition to team members, and is targeted at short-haul flights in Europe for distances of as much as 500 kilometres. With the Microliner, we...

Portugal's leading court has ruled that 1,200 TAP cabin crew members on shortterm contracts who were laid off and later reinstated as staff needs to get retroactive pay, a decision that might cost the airline company as much as 300 million euros ($ 315 million). The Supreme Court ruling, dated Dec. 12 and seen on Tuesday, stated TAP should deal with the cabin personnel as if they had constantly been on irreversible contracts and compensate them with back incomes dating from the start of their work. The judgment impacts flight workers who were initially hired for one year in 2020...

Embraer said on Tuesday that Luxembourgbased Luxair has actually placed a firm order for 2 more E195E2 jets, bumping up its 2023 order of 4 aircraft and helping to drive shares of the Brazilian planemaker higher. The very first Luxair E2 is anticipated to be provided in 2026, the Brazilian business stated in a statement, including that the new company order provides the carrier with additional delivery slots for 2027. Luxembourg's flag carrier still holds shipment positions for 3 other jets, Embraer said in a statement, which could be transformed into orders for the smaller E190-E2 plane if required. Embraer's...

European shares were on course to post their worst week in three months on Friday, as U.S. Presidentelect Donald Trump's comments about prospective tariffs on the European Union even more startled investors currently stressed about the rate outlook. The pan-European STOXX 600 index fell 0.8% by 0812 GMT, trading at its lowest in nearly a month and on course for its most significant weekly decrease considering that early September. Trump stated that the EU should acquire U.S. oil and gas to offset its remarkable deficit with the world's biggest economy, or face tariffs. All the major European subsectors remained in...

U.S. Postmaster General Louis DeJoy protected plans to buy a rising number of electric delivery lorries and said he did not plan to return funding allocated for zeroemission models without legislation from Congress. In 2023, Congress provided USPS $3 billion as part of a $430. billion environment expense to buy EVs and charging infrastructure--. consisting of $1.2 billion for electrical cars. It prepares to purchase. some 66,000 electrical cars by 2028. DeJoy stated at a U.S. Legislature hearing on. Tuesday that the EV purchase strategy makes service sense for USPS. Reuters reported recently that Donald Trump's shift. group is thinking...

Donald Trump's transition group is considering canceling the U.S. Postal Service's agreements to energize its delivery fleet, as part of a wider suite of executive orders targeting electric cars, according to three sources knowledgeable about the strategies. The relocation, which could be unveiled in the early days of Trump's administration that begins on Jan. 20, is in line with Trump's project guarantees to roll back President Joe Biden's. efforts to decarbonize U.S. transportation to combat environment. change-- a program Trump has actually stated is unnecessary and possibly. damaging to the economy. Reuters has previously reported that Trump is preparing to....

Donald Trump's transition group is considering canceling the U.S. Postal Service's contracts to amaze its shipment fleet, as part of a more comprehensive suite of executive orders targeting electric automobiles, according to three sources acquainted with the strategies. The move, which might be revealed in the early days of Trump's administration that begins on Jan. 20, remains in line with Trump's project assures to roll back President Joe Biden's. efforts to decarbonize U.S. transportation to combat environment. modification-- a program Trump has stated is unneeded and possibly. harming to the economy. Reuters has previously reported that Trump is planning to....

Donald Trump's transition group is thinking about canceling the United States Postal Service's. agreements to electrify its shipment fleet, as part of a broader. suite of executive orders targeting electrical lorries, according. to 3 sources knowledgeable about the strategies. The relocation, which might be revealed in the early days of. Trump's administration that starts on Jan. 20, is in line with. Trump's campaign promises to roll back President Joe Biden's. efforts to decarbonize U.S. transportation to combat environment. change-- an agenda Trump has stated is unneeded and potentially. damaging to the economy. Reuters has formerly reported that Trump is planning...

Donald Trump's shift group is thinking about canceling the United States Postal Service's. contracts to energize its shipment fleet, as part of a wider. suite of executive orders targeting electrical cars, according. to 3 sources acquainted with the strategies. The move, which could be revealed in the early days of. Trump's administration that starts on January 20, remains in line. with Trump's campaign assures to roll back President Joe. Biden's efforts to decarbonize U.S. transportation to fight. environment modification-- a program Trump has said is unneeded and. potentially damaging to the economy. Reuters has previously reported that Trump is preparing...

An Indian antitrust examination has concluded there was no cost collusion between the domestic systems of delivery business DHL, United Parcel Service and FedEx, according to three sources and a file seen . The Competitors Commission of India (CCI) ordered an examination in 2022 into more than a lots shipment companies for alleged collusion on discount rates and tariffs and had reviewed thousands of emails to examine the fees business charged for airport services, Reuters reported in January. The case was filed by the Federation of Indian Publishers, which grumbled that international business, together with lots of domestic companies, were...

Boeing stated on Tuesday it delivered 14 commercial jets in October, less than half of the 34 jets it handed over to customers throughout the exact same month in 2023, after a weekslong strike stopped the majority of its aircraft production. The U.S. planemaker is needing all of its West Coast factory employees to be back at work on Tuesday after the strike ended on November 5, but added in a statement that it will be numerous weeks before aircraft production gets fully in progress. Boeing is dealing with heightened oversight by the U.S. Federal Aviation Administration (FAA) as it...

PPF Group, the investment lorry owned by main Europe's wealthiest family, will look for more acquisitions across its portfolio consisting of possibly some United Group assets in southeast Europe and other telecom companies, its CEO Jiri Smejc told Reuters. Billionaire investor Smejc took control of managing PPF in 2022 on behalf of the household of his long-time business partner Petr Kellner after his death in a heli-skiing crash. He has actually since led a shift away from Russia and Asia to Western markets, taking stakes in German TV group ProsiebenSat.1. , parcel box company InPost, streaming. companies Viaplay and other...

Parcel locker business InPost reported a 33.4% increase in its thirdquarter incomes on Friday, above market expectations, buoyed by volume development both in its home market Poland and abroad. Adjusted revenues before interest, tax, depreciation and amortisation (EBITDA) were 852.7 million zlotys ($ 213.2 million). in the quarter, compared to the 821 million expected by experts. in a company-compiled consensus. InPost runs Europe's greatest network of automated. lockers, dubbed automated parcel machines or APMs, that allow. customers to gather or drop off plans at a practical time. The group, which aside from Poland is present in eight. nations including France...

Silicon Valley startup Lyten revealed on Tuesday its strategy to construct the world's very first gigafactory for lithiumsulfur batteries in Reno, Nevada, as companies seek to capitalize on the need for more inexpensive source of power for electrical cars. With battery costs considerably affecting EV rates, automakers are increasingly searching for alternative innovations to make such cars available to a larger market. Lyten, backed by Chrysler-parent Stellantis and shipment providers FedEx, stated it would invest more than $1 billion in the center that would initially create 200 tasks, growing to more than 1,000 in northern Nevada. Nevada's Reno is also...

The following are the leading stories on the business pages of British papers. Reuters has not verified these stories and does not vouch for their precision. The Times - Greensill's administrators have recuperated additional funds of 41 million pounds ($ 53.5 million) for creditors of the finance company, which collapsed in the middle of an outcry over its lobbying of federal government officials. - British finance minister Rachel Reeves declined to rule out raising the nationwide insurance coverage taxes that organizations pay, saying on Monday that a pre-election dedication not to raise the rate of social security contributions applied to...