Bloomberg
• Danny Lee
Singapore Airlines Group reported first-half revenue of S$11.3 billion, a record, but operating profit fell 29.1% to S$569 million and net profit dropped 43.9% to S$134 million. Strong passenger and cargo demand helped cushion higher fuel costs linked to the Middle East conflict; the group also warned of possible demand spillover effects.
Geopolitical Developments & Conflict Impact
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Fire Point CEO Iryna Terekh says expanding Starshield licenses beyond Ukraine’s temporarily occupied territories could extend coverage 200 to 300 kilometers farther. She told Breaking Defense that the added reach could significantly affect Ukraine’s ability to counter Russian ballistic attacks on civilians.
Germany’s military will stop using Chinese-made drones over concerns that sensitive information could leak, according to reports citing the Defense Ministry. The move follows an earlier DJI ban that did not stick: the Bundeswehr later ordered 500 Matrice 30Ts, while commanders reportedly acquired thousands more without centralized tracking.
Poland is finalizing a transfer of MiG-29 fighters to Ukraine in return for drone technology, reviving a deal suspended in June over unmet commitments. The arrangement links a legacy combat-aircraft transfer to access to unmanned systems, though the available report provides no details on aircraft numbers, technology or timing.
Poland and Ukraine have agreed on a reciprocal military-technology exchange after several months of negotiations, Polish Deputy Defense Minister Cezary Tomczyk said. Warsaw will provide Kyiv with additional MiG-29 fighters, while Ukraine will share anti-drone technologies with Poland; one report specifies that Poland plans to transfer two aircraft.
President Volodymyr Zelensky said Ukraine expects the first Saab JAS 39 Gripen C/D fighters in January or February 2027. Sweden has donated 16 aircraft, whose arrival is expected to reinforce Ukrainian air defenses, including the ability to intercept Russian attack drones. Kyiv has urged partners to accelerate aircraft deliveries.
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Singapore Airlines Group reported first-half revenue of S$11.3 billion, a record, but operating profit fell 29.1% to S$569 million and net profit dropped 43.9% to S$134 million. Strong passenger and cargo demand helped cushion higher fuel costs linked to the Middle East conflict; the group also warned of possible demand spillover effects.
NATO fighter jets twice failed to bring down a drone as air-threat warnings spread across the Baltic states. Missile debris was recovered, adding a physical trace to the incident as alerts widened across the region.
The U.S. government has initiated civil forfeiture proceedings against a Gulfstream G550 owned by Deer Jet Beijing, alleging it flew to Iran in December 2024 and remained there for six days in violation of export controls. Authorities seized the aircraft at Anchorage Ted Stevens International Airport on May 24.
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