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ch-aviationDaniel Martinez Garbuno

UK’s Global Airlines enters insolvency process

UK-based Global Airlines has entered an insolvency process, placing the carrier’s operating plans and commercial prospects under formal financial scrutiny. The development adds another case of distress among airlines seeking to establish or sustain operations in a competitive market.

2026-09-03T07:50:36.646187-07:00

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UK’s Global Airlines enters insolvency process

UK-based Global Airlines has entered an insolvency process, placing the carrier’s operating plans and commercial prospects under formal financial scrutiny. The development adds another case of distress among airlines seeking to establish or sustain operations in a competitive market.

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Associated Press

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European and Japanese spacecraft separate for final approach to Mercury after nearly decade-long voyage

Two spacecraft bound for Mercury have entered the final stage of a nearly decade-long journey after separating from their mother ship on Thursday. The European and Japanese-built probes will now continue independently toward the planet, marking a major milestone in a long-duration deep-space mission.

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Aeroflot buys Lufthansa stakes in catering businesses

Aeroflot has acquired Lufthansa’s stakes in catering businesses, marking a corporate transaction between Russia’s flag carrier and the German airline group. The deal affects aviation-adjacent operations rather than aircraft or route networks, adding a new dimension to the companies’ respective portfolio strategies.

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European Spaceflight

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Isar Aerospace could attempt second Spectrum launch as early as Sept. 4

New maritime safety notices indicate that Isar Aerospace may target Sept. 4 for the second flight of its Spectrum rocket. The potential launch would mark the company’s next test of its orbital vehicle following its inaugural mission and provide an early measure of progress in its European commercial launch effort.

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Report: UK risks falling behind rivals on hydrogen aviation without renewed government and industry action

Hydrogen in Aviation says the UK has made progress against its 2024 goals but warns that momentum is insufficient to secure a leading position in hydrogen-powered flight. The report calls for concerted action to prevent more ambitious international competitors from capturing the technology and industrial opportunity.

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PLD Space and HyImpulse raise extension rounds to fund orbital launch vehicles

Spain’s PLD Space and Germany’s HyImpulse have secured significant extension funding rounds to advance development of their respective orbital launch vehicles, underscoring continued investor backing for Europe’s emerging commercial launch sector as both companies work toward bringing new rocket systems to market.

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