Europe > Transportation

Transportation in Europe

  • Passengers arrive with their luggage in Terminal 5 of London’s Heathrow Airport

    UNITED KINGDOM, 2017/06/02 Passengers faced a third day of disruption at Heathrow on Monday as British Airways (BA) cancelled short-haul flights next a world computer crash that unions blamed on the outsourcing of IT services to India. The embattled airline said it was cancelling 13 short-haul flights from Heathrow Airport, Europe’s busiest, but was aiming to operate a full long-haul schedule from the hub and was operating a full service from Gatwick Airport.
  • Commercial airline industry's 2016 safety performance data released

    WORLD, 2017/03/11 The International Air Transport Association (IATA) released data for the 2016 safety performance of the commercial airline industry. • The all accident rate (measured in accidents per 1 million flights) was 1.61, an development from 1.79 in 2015. • The 2016 major jet accident rate (measured in hull losses per 1 million flights) was 0.39, which was the equivalent of one major accident for each 2.56 million flights. This was not as good as the rate of 0.32 completed in 2015 and was as well above the five-year rate (2011-2015) of 0.36. • There were 10 fatal accidents with 268 fatalities. This compares with an average of 13.4 fatal accidents and 371 fatalities per year in the previous five-year period (2011-2015).
  • Alstom-led consortium awarded $2.88 billion Dubai metro extension

    FRANCE, 2016/08/31 Dubai's transport authority announced Wednesday it had awarded a French-led consortium a $2.88 billion arrangement to extend its metro network to the site of the Expo 2020 world trade equitable. The consortium, led by France's Alstom Conglomerate and as well inclunding Spain's Acciona and Turkey's Gulermak, will construct a 15 kilometre (nine mile) extension to the site of the equitable, a statement said. Alstom will supply 50 trains, 15 of them for the new extension and 35 to upgrade existing services, the statement said.
  • Air freight demand growth slows in May

    WORLD, 2016/07/10 The International Air Transport Association (IATA) released world air freight data showing that request measured in freight ton kilometers (FTKs) slowed in May with increase falling to 0.9% year-on-year. Yields remained pressured as freight capacity measured in available freight ton kilometers (AFTKs) increased by 4.9% year-on-year. Freight request decreased or flat lined in May across all regions with the exception of Europe and the Middle East. These regions recorded increase in air cargo volumes of 4.5% and 3.2%, respectively, in May, compared to the same period last year. Broad weakness in world trade volumes, which have largely tracked sideways since the end of 2014, accounts for about 80% of air freight's sluggish performance.
  • North Korea detains Russian yacht in neutral waters

    NORTH KOREA, 2016/05/15 A Russian official says North Korea has seized a Russian yacht with five crew members in the Sea of Japan without offering any "explanation." "The North Korean side has communicated that the yacht has been taken to the port of Kimchaek," said Igor Agafonov, a Russian foreign ministry official on Saturday. He added that the crew members aboard Elfin are alive and unharmed and that Russia is attempting to gain access to them.
  • Brussels Airport reopens to fewer passengers

    BELGIUM, 2016/04/04 This is 12 days next suicide bombers destroyed its departure hall and killed 16 people. Belgium’s major airport had not handled passenger flights since two suspected Islamist militants carried out the suicide attacks. Those bombs and a separate one on a metro train in the capital killed 32 people, excluding the three bombers. The initial of three scheduled flights set for Sunday was due to depart for Faro in Portugal at 1.40pm local time, with only about 60 to 70 passengers. Planes will as well go to Turin and Athens later in the day, with three return flights set for the evening.
  • Russia's Aeroflot launches updated investor relations website

    RUSSIA, 2016/04/02 Aeroflot is pleased to announce the launch of its updated investor relations website. The entirely new and redesigned website is dedicated to providing data and resources for the investment community in a modern, convenient and easy-to-navigate format. The new site was created as part of the road map for strengthening corporate governance at Aeroflot, and is aimed at improving transparency, quality of results reporting at the company and Aeroflot Group level, inclunding corporate governance disclosure.
  • Brazil’s Azul invests in TAP – Air Portugal

    BRAZIL, 2016/03/26 Brazilian airline Azul made an investment of about US$100 million (90 million euros) in Portuguese airline TAP – Portugal, according to a statement posted on its website. “The investment will give Azul the right to hold approximately 40 % of the economic price of the Portuguese airline at the time of conversion of the security and next approval by the Civil Aviation Authority of Portugal,” the statement said. The issue of bonds convertible into shares, is occurring under the TAP recapitalisation plan agreed in June 2015 during the privatisation process of the Portuguese airline.
  • Ports: focus on Med logistics at the Sorrento

    GREECE, 2015/11/20 An executive project containing guidelines to build a logistics national platform, in particular in the south of Italy, to boost its competitiveness in the Mediterranean is the idea which may be supported by the EU 2014-2020 structural funds that Obi (Bank-Enterprises Economy and Finance Observatory) in cooperation with Assoporti and Confitarma will present Friday and Saturday during the course of the fifth edition of the Sorrento Conference, the international event that since 2010 brings to the city economists academics representatives of authorities, enterprise and finance. This year's edition will be centred on the theme of logistics and mobility in the Mediterranean with particular attention to the transport of wares.
  • Moscow bans Egyptian national carrier from flying to Russia

    EGYPT, 2015/11/15 Russia's national aviation agency on Friday banned Egypt's national carrier from flying to Russia, a move that follows the suspension of all Russian flights to Egypt next a deadly crash. Rosaviatsiya on Friday formally notified Moscow's Domodedovo airport, where Egypt Air flights arrive, that the ban is effective starting Saturday, said the airport spokesman Alexander Vlasov. The aviation agency didn't give any immediate reason for the ban on flights. The move follows Russian President Vladimir Putin's decision to suspend all Russian flights to Egypt next the Oct. 31 crash of a Russian passenger jet in Egypt that killed all 224 people on board.