FlightGlobal
• David Kaminski-Morrow
A U.S. bankruptcy court approved airBaltic’s first-day motions and access to an initial €140 million in debtor-in-possession financing, allowing the Latvian carrier to maintain normal operations during its voluntary Chapter 11 restructuring after disclosing it had approached a critical liquidity shortfall.
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Air France-KLM is prepared to offer Portugal a stake in the airline group as part of its proposed acquisition of TAP, according to a person familiar with the matter. The structure is intended to strengthen Air France-KLM’s position against a competing offer from Deutsche Lufthansa.
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A U.S. bankruptcy court approved airBaltic’s first-day motions and access to an initial €140 million in debtor-in-possession financing, allowing the Latvian carrier to maintain normal operations during its voluntary Chapter 11 restructuring after disclosing it had approached a critical liquidity shortfall.
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European nations are responding to growing threats against space systems by expanding domestic space capabilities and improving coordination with allies, government officials said at the Novaspace Space Security and Defense Summit. The effort signals a stronger focus on resilience, cooperation and security across Europe’s space sector.
German launch startup Isar Aerospace says it is ready to begin commercial launches of its Spectrum rocket after a successful test flight earlier this month, marking a transition from development testing toward operational launch services in Europe’s emerging commercial space market.
HawkEye 360 is deepening its European footprint through a partnership with Leonardo, the creation of its first Luxembourg subsidiary and a separate collaboration with ERA. The moves broaden the company’s regional industrial and commercial relationships around satellite-based radio-frequency intelligence and geospatial data services.
Planet Labs Germany will provide dedicated Earth-observation capacity to Germany’s Federal Ministry of the Interior under a contract announced Sept. 16. The agreement gives the ministry access to dedicated constellation services, expanding commercial satellite support for German government applications.
Ukrainian President Volodymyr Zelenskiy said Russian drones attacked Moldovan airspace on two occasions while he was traveling through the country aboard his aircraft. The disclosure underscores the spillover risk to civil and government aviation from Russia’s ongoing drone operations near Ukraine and neighboring states.
Air Force officials say the F-35 demonstrated combat value during Middle East operations, even as GAO found three in four aircraft unable to fly a full mission and sustainment needs reached $13.7 billion. Europe received more than three dozen jets in the past year, while Switzerland’s procurement faces rising costs and contract scrutiny.
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