Europe News

FlightGlobalGraham Dunn

airBaltic Abandons 100-Jet Growth Plan, Cuts A220 Fleet to 36

Latvia’s state-owned airBaltic is pivoting from expansion to financial stabilization, reducing its Airbus A220-300 fleet from 54 aircraft to 36. The restructuring includes cost reductions and a proposed debt-for-equity swap as the carrier seeks to restore profitability and strengthen its balance sheet.

2026-08-11T06:35:55.747652-07:00

Europe

Recent Coverage

Sweden Detains Russian Couple Near Protected Cottage Used by Saab CEO

Swedish authorities detained a Russian couple who were camping near a cottage used by Saab CEO Micael Johansson, who is under personal protection. The incident highlights the heightened security environment surrounding senior defense-industry executives and sensitive corporate sites amid regional tensions.

1 source Bookmark this story

AeroTime

High activity

Istanbul overtakes Heathrow as Europe’s busiest airport in July 2026

Istanbul Airport surpassed London-Heathrow to become Europe’s busiest airport in July 2026, prompting Heathrow to argue that the case for expansion has never been clearer. The shift highlights the competitive pressure on Europe’s major hubs as airports vie for capacity, connectivity and passenger traffic.

3 sources Bookmark this story

FlightGlobal

High activity

airBaltic Abandons 100-Jet Growth Plan, Cuts A220 Fleet to 36

Latvia’s state-owned airBaltic is pivoting from expansion to financial stabilization, reducing its Airbus A220-300 fleet from 54 aircraft to 36. The restructuring includes cost reductions and a proposed debt-for-equity swap as the carrier seeks to restore profitability and strengthen its balance sheet.

14 sources Bookmark this story

COSPAR Re-elects Pascale Ehrenfreund as President as 2026 Florence Assembly Draws 3,000

COSPAR has re-elected Dr. Pascale Ehrenfreund as president following its 2026 assembly in Florence, which drew approximately 3,000 attendees. The event covered a broad range of space research and operations, from planetary science to human spaceflight, underscoring the organization’s role as a convening forum for the sector.

1 source Bookmark this story

Vertical Aerospace secures $100 million financing commitments to advance Valo eVTOL toward certification

Vertical Aerospace has secured approximately $100 million in financing commitments from existing and new investors to support certification and commercialisation of Valo, its piloted four-passenger electric vertical-takeoff-and-landing aircraft. The funding comes as the Bristol-based company advances the program toward critical design review and production.

4 sources Bookmark this story

Create a free account to see more recent Europe stories and keep bookmarks in one place.