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ch-aviationVanja Popovic

Latvia approves airBaltic plan, but funding remains unresolved

Latvia’s government has approved a plan for airBaltic, while leaving the airline’s funding unresolved. The decision advances the carrier’s proposed path forward but does not yet settle how the plan will be financed or address the resulting execution uncertainty.

2026-08-05T07:00:23.712372-07:00

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Latvia approves airBaltic plan, but funding remains unresolved

Latvia’s government has approved a plan for airBaltic, while leaving the airline’s funding unresolved. The decision advances the carrier’s proposed path forward but does not yet settle how the plan will be financed or address the resulting execution uncertainty.

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Electra and 2Excel plan European EL2 demonstrations as Canada orders six Bombardier Global 6500s

Electra and 2Excel Aviation will collaborate on UK and European demonstrations of Electra’s hybrid-electric ultra-short-takeoff-and-landing aircraft, beginning with the EL2 technology demonstrator. Separately, Canada plans to replace its aging Challenger fleet with six Bombardier Global 6500s, with options for four more.

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LiveEO wins German Space Agency grant to study multimodal AI foundation model for Earth observation

LiveEO has secured a high-six-figure grant from the German Space Agency to assess a new class of multimodal “vision foundation” AI models for Earth-observation applications. The feasibility study will examine how such systems could support broader analysis of satellite imagery and related data.

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Think tank warns Europe’s orbital computing gap is widening as U.S. and China accelerate space-based data centers

Europe risks becoming dependent on foreign orbital computing infrastructure as U.S. companies and China’s government-led programs advance space-based data centers, the European Space Policy Institute warns. The widening gap underscores Europe’s strategic and industrial exposure in a potentially important segment of future space infrastructure.

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Associated Press

High activity

Leipzig/Halle suspends flights after explosive drone is found near Ukrainian An-124 and DHL jet hits unidentified object

Leipzig/Halle Airport temporarily halted operations after German authorities found a drone carrying an explosive device near a Ukrainian An-124. Separately, a DHL cargo aircraft struck an unidentified object while operating near the airport and made a precautionary landing at Hannover, prompting a major security investigation.

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Wizz Air to open new Kosovo base at Prishtina in November 2026

Wizz Air will establish a new base at Prishtina International Airport from November 2026, extending its regional footprint and supporting the airline’s long-term growth strategy in Kosovo. The move is expected to strengthen connectivity from the country as the base becomes operational.

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SpaceNews.com

High activity

Neuraspace raises €15.6M to scale AI-powered space domain awareness and traffic management

Portugal-based Neuraspace secured €15.6 million from Lince Capital, Explorer Investments, Armilar Venture Partners and Portugal’s Recovery and Resilience Plan. The financing will expand its AI-enabled space domain awareness and space-traffic-management platform for commercial, institutional and defense satellite operations.

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