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easyJet warns profits slumped 70% on soaring fuel costs amid Iran war; latest results follow the €5bn-$6bn takeover agreement

easyJet reported a 70% drop in third-quarter profits, with pre-tax profit falling to £385 million for the three months to 30 June. The airline attributed the decline to a £105 million fuel-cost increase tied to the conflict in Iran and weaker customer demand, though late bookings improved after its recently agreed £5.7bn takeover.

8 Sources

2026-07-23T01:49:36.860162-07:00

FlightGlobal

Dassault pivots after FCAS breakup: Rafale successor demo plans by 2032 alongside Falcon 10X delay to after 2029

2 Sources

2026-07-22T22:04:27.308266-07:00

Reuters

Thales surges: 21% jump in first-half 2026 order intake as European defense spending lifts surveillance and satellite demand

4 Sources

2026-07-22T22:19:42.168035-07:00

European Spaceflight

ONERA selects Belgium’s AMOS to build a 2.5-metre telescope for French civil and military space surveillance

1 Source

2026-07-22T13:24:35.453396-07:00

Europe News Timeline

FlightGlobal

8 sources

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easyJet warns profits slumped 70% on soaring fuel costs amid Iran war; latest results follow the €5bn-$6bn takeover agreement easyJet reported a 70% drop in third-quarter profits, with pre-tax profit falling to £385 million for the three months to 30 June. The airline attributed the decline to a £105 million fuel-cost increase tied to the conflict in Iran and weaker customer demand, though late bookings improved after its recently agreed £5.7bn takeover.

2026-07-23T01:49:36.860162-07:00

easyJet warns profits slumped 70% on soaring fuel costs amid Iran war; latest results follow the €5bn-$6bn takeover agreement

Reuters

4 sources

Thales surges: 21% jump in first-half 2026 order intake as European defense spending lifts surveillance and satellite demand Thales reported a 21% increase in first-half 2026 order intake versus the prior year, with growth concentrated in its defense and aerospace units. The company linked the momentum to rising global military spending, as well as sustained demand for surveillance and satellite systems.

2026-07-22T22:19:42.168035-07:00

Thales surges: 21% jump in first-half 2026 order intake as European defense spending lifts surveillance and satellite demand

FlightGlobal

2 sources

Dassault pivots after FCAS breakup: Rafale successor demo plans by 2032 alongside Falcon 10X delay to after 2029 Following the termination of the trinational New Generation Fighter/FCAS program, Dassault Aviation is moving to develop a Rafale successor via an independent combat-aircraft demonstration effort targeted for 2032. In parallel, Dassault has pushed Falcon 10X entry into service to no earlier than 2029, citing schedule slippage tied to tighter post–A320neo/max-style certification requirements.

2026-07-22T22:04:27.308266-07:00

Dassault pivots after FCAS breakup: Rafale successor demo plans by 2032 alongside Falcon 10X delay to after 2029

politico.eu

1 source

Germany combat drone procurement stalls as officials split over Boeing’s Ghost Bat vs European alternatives Germany’s effort to field a new combat drone is at risk of delay amid internal government divisions over whether to procure Boeing Australia’s Ghost Bat or pursue European alternatives. The disagreement is reportedly centered on sourcing decisions, with the lack of alignment threatening schedule certainty.

2026-07-22T19:33:31.539607-07:00

Germany combat drone procurement stalls as officials split over Boeing’s Ghost Bat vs European alternatives

AirInsight

1 source

MHIRJ begins assessing a CRJ-series successor, with R&D under way in Munich ahead of a 2040 replacement target MHIRJ says it is in the early stage of evaluating a successor to the CRJ family, planned to address fleet replacement needs by 2040. The company’s R&D is being conducted at its former Maeve unit in Munich, marking the start of its long-horizon aircraft development pathway.

2026-07-22T14:42:35.187642-07:00

MHIRJ begins assessing a CRJ-series successor, with R&D under way in Munich ahead of a 2040 replacement target

European Spaceflight

1 source

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ONERA selects Belgium’s AMOS to build a 2.5-metre telescope for French civil and military space surveillance ONERA has chosen AMOS to develop and deliver a 2.5-metre telescope for space surveillance support covering both French civil and defense needs. The selection underlines continued investment in ground-based sensing capacity for monitoring objects in orbit.

2026-07-22T13:24:35.453396-07:00

ONERA selects Belgium’s AMOS to build a 2.5-metre telescope for French civil and military space surveillance

Reuters

1 source

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EASA issues no-fly warning for Jordan airspace amid ongoing fighting EASA has added Jordan to its airspace operating restriction list, asking airlines not to operate in the country’s airspace. The action follows renewed conflict in the region and strikes affecting EASA’s U.S. Gulf allies.

2026-07-22T13:13:36.140380-07:00

EASA issues no-fly warning for Jordan airspace amid ongoing fighting

FlightGlobal

3 sources

Icelandair 757 pilots’ licenses suspended after unauthorized low pass over islands Icelandic regulators disciplined two pilots after an investigation into an unauthorized low-altitude pass during a scheduled Boeing 757-200 flight on 11 April from Frankfurt to Reykjavik. The action follows the pilots’ conduct over the islands, prompting license suspension and enforcement measures.

2026-07-22T12:24:51.623764-07:00

Icelandair 757 pilots’ licenses suspended after unauthorized low pass over islands