Europe News

Aviation Source • Len Varley

Ryanair Q1 profit falls 34% to €538 million as fuel spike and lower fares pressure results

Ryanair reported a 34% decline in first-quarter profit after tax (PAT) to €538 million for the period ended June 2026, down from €820 million a year earlier. The airline cited higher jet-fuel costs on the unhedged portion alongside weaker revenue per passenger, as it cut ticket prices amid softer demand.

2 Sources

2026-07-21T00:35:46.378107-07:00

SpaceNews.com

IHI evaluates Kuva Space’s next-gen hyperspectral satellites for Japan’s planned multi-sensor Earth observation constellation

1 Source

2026-07-21T00:37:17.888871-07:00

SpaceWatch Global

ESA 2026 Space Economy Report: 53% of government space spending tied to defence as Europe weighs “shareholder vs customer” polic

1 Source

2026-07-21T01:08:50.456627-07:00

FlightGlobal

Vertical Aerospace nears UK government funding (up to £310m) to anchor UK production

1 Source

2026-07-20T16:08:31.781398-07:00

Europe News Timeline

SpaceWatch Global

1 source

ESA 2026 Space Economy Report: 53% of government space spending tied to defence as Europe weighs “shareholder vs customer” polic An #SpaceWatchGL Opinion piece cites ESA’s 2026 Space Economy Report, estimating that 53% of government space spending goes to defence. Torsten Kriening argues Europe must decide whether it prioritizes a “shareholder” approach or a “customer” approach to shape future European space capability and demand.

2026-07-21T01:08:50.456627-07:00

ESA 2026 Space Economy Report: 53% of government space spending tied to defence as Europe weighs “shareholder vs customer” polic

SpaceNews.com

1 source

IHI evaluates Kuva Space’s next-gen hyperspectral satellites for Japan’s planned multi-sensor Earth observation constellation Japan’s IHI is considering incorporating hyperspectral satellites from Finnish startup Kuva Space into its planned ~100-strong, multi-sensor sovereign Earth observation constellation. The move would expand the constellation’s sensing mix by adding hyperspectral capability to support Japan-led Earth observation requirements.

2026-07-21T00:37:17.888871-07:00

IHI evaluates Kuva Space’s next-gen hyperspectral satellites for Japan’s planned multi-sensor Earth observation constellation

Aviation Source

2 sources

Ryanair Q1 profit falls 34% to €538 million as fuel spike and lower fares pressure results Ryanair reported a 34% decline in first-quarter profit after tax (PAT) to €538 million for the period ended June 2026, down from €820 million a year earlier. The airline cited higher jet-fuel costs on the unhedged portion alongside weaker revenue per passenger, as it cut ticket prices amid softer demand.

2026-07-21T00:35:46.378107-07:00

Ryanair Q1 profit falls 34% to €538 million as fuel spike and lower fares pressure results

AINonline

1 source

NATO Allies Push New Multinational Fleets to Meet AEW and Airlift Requirements NATO member coalitions are accelerating proposals for new multinational fleets designed to close collective gaps in airborne early warning (AEW) and airlift capabilities. The focus is on enabling shared deployment of AEW and strategic/tactical airlift assets to support alliance operations across member priorities.

2026-07-20T23:41:45.903334-07:00

NATO Allies Push New Multinational Fleets to Meet AEW and Airlift Requirements

FlightGlobal

1 source

Vertical Aerospace nears UK government funding (up to £310m) to anchor UK production Vertical said it is close to securing a final “broad package” of government-backed investment, including a grant of up to £310 million, with a decision expected by year-end. The funding is aimed at anchoring production in the UK as the company advances its aircraft development and scale-up plans.

2026-07-20T16:08:31.781398-07:00

Vertical Aerospace nears UK government funding (up to £310m) to anchor UK production

Via Satellite

2 sources

UK Government to invest £62M more to boost national space sector The UK government will provide an additional £62 million (about $83.4 million) to support and accelerate the country’s space sector. The funding is intended to strengthen domestic space capabilities and help sustain growth across the sector.

2026-07-20T15:08:15.227026-07:00

UK Government to invest £62M more to boost national space sector

AirInsight

3 sources

EU proposes expanding ETS to flights within 5,000 km of the EEA, drawing backlash from IATA and environmental critics over extra The European Commission’s proposal would extend the EU ETS to cover airline emissions from flights within 5,000 km of the EEA, effectively adding Middle East and North Africa routes. IATA rejects the plan’s extraterritorial scope, while environmental groups and low-cost carriers raise concerns about pricing and competitiveness.

2026-07-20T10:15:47.243298-07:00

EU proposes expanding ETS to flights within 5,000 km of the EEA, drawing backlash from IATA and environmental critics over extra

ch-aviation

1 source

Ireland signs Passenger Capacity Act 2026, setting up removal or amendment of Dublin Airport’s 32 million-passenger cap Ireland has signed the Dublin Airport (Passenger Capacity) Act 2026, moving toward axing or revising the long-postponed 32 million-passenger annual cap at Dublin International. The change could reset the airport’s regulatory growth envelope following years of delay.

2026-07-20T07:24:00.546309-07:00

Ireland signs Passenger Capacity Act 2026, setting up removal or amendment of Dublin Airport’s 32 million-passenger cap