Reuters
• Oliver Taslic
Shares in Air France-KLM, Lufthansa and IAG have outperformed European low-cost carriers as premium demand and Asia-linked routes offset weak intra-European fares. The divergence now hinges on whether elevated long-haul ticket prices persist if fuel costs ease, potentially reshaping airline earnings and investor expectations.
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Hisdesat selected Airbus and Thales Alenia Space to build SpainSat NG-III, while Eutelsat and Poland advanced cooperation on Europe’s IRIS² secure communications program. Separately, SES agreed to support Starlab’s commercial space station and provide multi-orbit connectivity across LATAM Airlines’ Airbus and Embraer fleet.
NHIndustries and the NATO Helicopter Management Agency have completed the first flight of the NH90 in its Software Release 3 configuration, also known as Block 1. The upgrade introduces Link 22 connectivity, improved sensors and enhanced anti-submarine warfare capabilities for NATO fleets.
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Shares in Air France-KLM, Lufthansa and IAG have outperformed European low-cost carriers as premium demand and Asia-linked routes offset weak intra-European fares. The divergence now hinges on whether elevated long-haul ticket prices persist if fuel costs ease, potentially reshaping airline earnings and investor expectations.
Leonardo CEO Lorenzo Mariani says the Global Combat Air Programme could enter service around two years earlier than its current 2035 target, while BAE Systems CEO Charles Woodburn warns that the opportunity for additional partner nations is closing. An accelerated schedule could affect the program’s initial combat capabilities.
Romanian startup FLYYO plans to begin scheduled ultra-low-cost carrier operations in the latter part of the first quarter of 2027, according to ch-aviation. The announcement adds a prospective new entrant to Europe’s competitive low-cost airline market, though no fleet or network details were provided.
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Planet is expanding its headquarters into the BERLIN DECKS innovation campus in Berlin, acquiring space for its first European production facility. The site will add manufacturing capacity to the satellite company’s European presence and marks a significant expansion of its headquarters footprint.
A government-funded consortium is preparing trials of electric aircraft in Scotland, targeting improved connections for remote communities across the Highlands and Islands. The program builds on £31.5 million in UK Department for Transport funding secured by the Bristow-led Scottish Electric Aviation Network.
Lufthansa has initiated a redundancy plan covering 550 employees, adding a significant workforce-reduction measure to the airline’s current corporate and operational agenda. The available reporting does not specify the affected business units, implementation timeline, or whether the reductions are voluntary or compulsory.
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