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EU allocates $494 million in 2025 SAF allowances to airlines

The European Union is allocating $494 million in sustainable aviation fuel allowances to carriers for 2025. The funding provides direct support for airline SAF adoption while underscoring the growing role of policy mechanisms in meeting Europe’s aviation decarbonization objectives.

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ClearSpace signs ESA contract to mature Phoenix geostationary satellite life-extension mission

Luxembourg-based ClearSpace will help the European Space Agency mature technologies for Phoenix, an in-orbit servicing mission designed to extend the operating life of a geostationary satellite otherwise due to retire between 2028 and 2030. The contract marks a development step for commercial satellite servicing capabilities.

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CybExer to test security of EU’s IRIS² satellite connectivity system

Estonian cybersecurity company CybExer will play a key role in testing the security of IRIS², the European Union’s future secure satellite connectivity system. The appointment highlights the cybersecurity requirements attached to the EU’s planned space-based communications infrastructure as the program moves toward implementation.

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EU’s SpaceX Rival Won’t Get Preferential Treatment, Antitrust Chief Warns

The European Union’s antitrust chief said a proposed satellite venture intended to provide a regional answer to SpaceX will face normal scrutiny from competition authorities. The warning contrasts with strong political support from European Commission President Ursula von der Leyen and signals that strategic importance will not override competition rules.

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TUI cuts upper-end profit guidance as airline revenue bookings weaken amid late-booking trend

TUI lowered the top end of its full-year profit guidance, citing weaker booked revenue at its airlines business as travelers delay purchasing decisions amid ongoing geopolitical and economic uncertainty. The company’s comments point to continued demand visibility challenges for leisure carriers heading into the remainder of the year.

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