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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Airbus Defence and Space will lead the development and construction of SpainSat NG-III for Hisdesat, with Thales Alenia Space as partner. The satellite will replace Spain’s existing military communications capability and is described by Airbus as Europe’s most advanced secure communications satellite.
France’s Air Force chief says Rafale fighters are being used more intensively than planned, creating pressure for additional F4-standard aircraft sooner. The service wants to avoid waiting until 2033 for the more advanced F5 standard, underscoring immediate fleet-readiness concerns and production-timing tradeoffs.
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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.
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.
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.
Croatia Airlines reported substantially deeper losses in the first half as higher fuel prices and adverse exchange-rate movements compounded the expense of withdrawing older aircraft and introducing A220s. The results highlight the financial strain of fleet renewal while the carrier manages operational and balance-sheet complexity during the transition.
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