August 4, 2025

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August 4, 2025

Brussels Airlines reports losses in the first half of 2025

The Belgian airline Brussels Airlines closed the first half of 2025 with an operating loss. Adjusted EBIT was minus €46 million, a slight increase of two percent compared to the previous year. The company, which carried 4,2 million passengers in the first six months, attributes the negative result primarily to external influences. According to Nina Öwerdieck, Chief Financial Officer of Brussels Airlines, the nationwide demonstrations in Belgium in particular were responsible for an estimated financial burden of around €12 million. Added to this were a revaluation of assets, unexpected maintenance costs, and disruptions to long-haul operations. In contrast, the European route network developed positively, reflecting strong demand. The airline nevertheless remains confident of achieving a positive overall result at the end of the year. For the travel-intensive summer season, Brussels Airlines has expanded its fleet to 50 aircraft, including additional Airbus A320s and Airbus A330s. In addition, four Airbus A220s are operated via its wet-lease partner AirBaltic. To ensure operations, more than 2025 new employees have been hired since January 300, including pilots, cabin crew, and ground staff. For the first time, the airline also deployed specially trained summer students as cabin crew. At Brussels Airport, baggage drop-off capacity was doubled to speed up processes. Brussels Airlines sees these challenges as encouraging its efforts to build a more resilient cost structure. This includes conscious resource allocation, cost discipline, and route network optimization. The airline plans to take advantage of strong demand in the summer to offset the losses from the first half of the year and achieve its third consecutive profitable annual result.

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Lufthansa Group confirms annual forecast despite difficult environment

The Lufthansa Group concluded the second quarter of 2025 with a significant increase in earnings. The operating result (adjusted EBIT) rose by almost a third to 871 million euros, while the Group result doubled to over one billion euros. Despite ongoing geopolitical crises, economic uncertainties, and a challenging market environment, the Group Management Board, led by Chairman of the Executive Board and CEO Carsten Spohr, confirmed its positive forecast for the full year. This success is primarily due to the improved operational stability of the airlines. The core brand Lufthansa Airlines achieved its best stability and punctuality figures since 2016 in the first six months of the year. This led not only to higher customer satisfaction but also to lower financial burdens from compensation payments for flight irregularities. The increased flight program in the passenger business and positive investment results, including from the new investment in ITA Airways, also contributed to this positive development. The Lufthansa Cargo and Lufthansa Technik business units deserve particular mention. Lufthansa Cargo doubled its operating result to 73 million euros in the second quarter, boosted by strong demand for Asian e-commerce shipments and capacity bottlenecks in sea freight. Lufthansa Technik achieved a record result of 310 million euros in the first half of the year, reflecting the continued high demand for maintenance and repair services. One disappointment remains the increase in unit costs, which is attributable to high cost inflation and increased location costs in the home markets. According to Carsten Spohr, delays in aircraft deliveries and the burden of European regulations also continue to pose a challenge. Meanwhile, the Group is pressing ahead with its turnaround program at Lufthansa Airlines to increase efficiency and profitability. Lufthansa also plans to

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Nuremberg Airport expects record travel wave at the start of the holidays

With the start of the Bavarian summer holidays, Nuremberg's Albrecht Dürer Airport is expecting a record wave of travel. Around 798.000 passengers are expected to be served in the next six weeks, a ten percent increase over the previous year. Airport Managing Director Dr. Michael Hupe emphasized that the selection of over 60 non-stop destinations will meet the increased demand. A total of around 5.200 takeoffs and landings are planned, bringing travelers to popular holiday destinations and European cities. The most popular destinations from Nuremberg this summer are Antalya with around 174.000 passengers, followed by Mallorca with over 78.000 passengers. Greek destinations such as Rhodes, Crete, and the new destination Kavala are also experiencing remarkably strong demand, attracting a total of around 110.000 passengers. International hubs such as Amsterdam, Paris, Frankfurt, and Istanbul also play an important role. The busiest day is expected to be September 8, when departing and returning travelers will overlap at the airport. The airport has prepared for the expected influx by completing important construction work and increasing staffing. Around 90 employees are dedicated to check-in and boarding alone. The team, consisting of 125 people, handles baggage handling, passenger services, and other services. Around 480.000 pieces of baggage will be processed during the holiday season, with new technological aids such as exoskeletons facilitating the work of baggage handlers. Passengers are asked to follow important instructions to ensure a smooth process. This includes observing the hand baggage regulations, particularly regarding prohibited items, batteries, and power banks. These are only permitted in hand baggage up to a certain power limit.

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Audit report raises questions: FAA oversight of SkyWest maintenance practices under fire

A new audit report by the Office of the Inspector General of the U.S. Department of Transportation (DOT) has raised widespread concerns about the U.S. Federal Aviation Administration (FAA)'s oversight of the maintenance practices of SkyWest Airlines. According to the report, the FAA has not fully complied with its own guidelines and has failed to resolve persistent problems at the regional airline, which flies on behalf of major U.S. airlines, over the past four years. In particular, the so-called "remote return-to-service" maintenance practices, which allow problems to be monitored remotely without the presence of technicians on-site, are at the center of the criticism. While the FAA aims to correct most of the deficiencies, the report highlights the tensions between regulators and airlines and also raises questions about the safety of regional air travel. Persistent Deficiencies: SkyWest's "Remote Return-to-Service" Practices The report by the DOT Inspector General, which investigated the FAA's oversight of SkyWest, comes to a sobering conclusion. Since 2021, the FAA's Certificate Management Office (CMO), which oversees SkyWest, has not fully resolved the issues with its remote return-to-service maintenance practices. These practices are a system that allows the airline to correct operational issues without the physical presence of technicians at the respective location. FAA inspectors expressed frustration that their efforts were delayed by the airline. Some inspectors even stated that they were concerned that these maintenance practices could contribute to an accident. The report found that the FAA's CMO does not always follow its own guidelines when it comes to correcting deficiencies.

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Austrian Airlines is still in the red

Austrian Airlines concluded the first half of 2025 with improved results. Adjusted EBIT rose by 31 percent to minus EUR 43 million compared to the same period last year, although the company continues to struggle with losses. Revenue increased by 10 percent to EUR 1,2 billion. In total, the airline carried 6,6 million passengers, representing a slight increase of one percent. CEO Annette Mann emphasized that Austrian Airlines had significantly improved its reliability, punctuality, and customer satisfaction. However, the geopolitical situation in important core markets, particularly in the Middle East, and the unfavorable general conditions in Austria are having a significant impact on profitability. The 23 percent increase in terminal fees in Austria alone, as well as above-average inflation and high collective bargaining agreement increases, had a negative impact on costs. In the second quarter of 2025, Austrian Airlines achieved a profit with an Adjusted EBIT of EUR 68 million, an increase of 13 percent compared to the same quarter last year. This demonstrates that the company operates more profitably during peak travel months. The airline has also added new destinations such as Ivalo, Edinburgh, the Lofoten Islands, Sylt, and Burgas to its schedule to expand its offerings and meet demand. The twice-daily service to Bangkok has also proven successful. The airline's operational performance was honored by passengers: At the prestigious Skytrax Awards, Austrian Airlines received the awards for "Best Airline Staff Service in Europe" and "Best Cabin Crew in Europe." COO Francesco Sciortino emphasized the importance of this direct passenger feedback. Despite

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Lufthansa appoints Francesco Sciortino as new Hub Manager in Frankfurt

Lufthansa has announced a new appointment to its management team. Effective September 1, 2025, Francesco Sciortino will assume responsibility as Hub Manager for the Frankfurt location as a new member of the Executive Board. He will also assume the position of Accountable Manager of the Lufthansa Airline. Sciortino comes from Austrian Airlines, where he most recently served as a member of the Executive Board and Chief Operating Officer (COO). Before joining Austrian Airlines, Sciortino held senior positions, including Managing Director and Accountable Manager at the airlines Germanwings and SunExpress. He also has many years of experience as a pilot and is currently a captain on Airbus A330/340 aircraft at Lufthansa. The current interim Hub Manager for Frankfurt, Klaus Froese, will move to Lufthansa's Boeing 747 fleet as planned as a captain. There is also a management change in Munich. Heiko Reitz, also a member of the Executive Board of Lufthansa Airlines, will be responsible for the Munich location as Hub Manager from September 1, 2025. The current Hub Manager and CEO, Jens Ritter, will now fully concentrate on his duties as Chief Executive Officer and drive forward the consistent implementation of the airline's turnaround program. The new appointments follow Lufthansa Airlines' strategic decision at the beginning of 2025 to appoint dedicated Hub Managers to improve operational processes between the Lufthansa teams and their partners at the Frankfurt and Munich hubs. Since then, operational stability, punctuality, and customer satisfaction have improved significantly. The decision to appoint separate Hub Managers is a clear signal of the importance of the two central locations in Lufthansa's route network.

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New player on the horizon: Flyvbird launches charter flights between German regional airports

The German aviation landscape is preparing for a new player. The virtual airline Flyv, which operates from Stuttgart, has announced that its charter and on-demand services under the Flyvbird brand will commence operations on September 1, 2025. The flights, which will connect selected German regional airports, will be operated by the German air carrier owner (AOC holder) Flyellow. The aircraft will be a dedicated Cessna Grand Caravan EX. This new service marks a strategic step to improve connectivity in regions that have previously been inadequately connected to the national air network. Flyvbird's business model, which focuses on utilizing smaller, decentralized airports and responds to demand, could usher in a new era for regional mobility in Germany. A flexible concept for regional aviation. Flyvbird's concept differs significantly from that of traditional scheduled airlines. It is a so-called virtual airline that does not own its own aircraft or pilots, but relies on the services of an air carrier (AOC) owner. In this case, Passau-based Flyellow is the operating partner, which will operate the charter and on-demand flights. Flyvbird's business model is based on the principle of on-demand air mobility. Instead of setting rigid flight schedules for specific routes, the company uses its own proprietary algorithms. These algorithms analyze passenger demand and optimize flight routes and capacity utilization in real time. This should make it possible to bundle decentralized traffic flows and respond flexibly to travelers' needs. The goal is to significantly reduce travel time compared to conventional means of transport such as cars or trains.

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Austrian Armed Forces develop their own satellites

The Austrian Armed Forces are developing their own satellites for the first time to strengthen their security independence and reduce their dependence on other states. As part of this new space strategy, two research projects have been launched under the leadership of Brigadier Friedrich Teichmann. These projects, called LEO2VLEO and BEACONSAT, involve the construction of a total of five satellites and are intended to position Austria as an active player in orbit. The LEO2VLEO project is a cooperation with the Netherlands and envisages the construction of four satellites. Three of these are intended for operational use and will fly between the Low Earth Orbit and the Very Low Earth Orbit. The project costs approximately ten million euros, of which Austria will contribute six million. These satellites are scheduled to be launched in late 2026 and early 2027, respectively, and will provide significantly sharper images than conventional satellites. This enables more precise situational awareness and is of great importance for military operations. Defense Minister Klaudia Tanner emphasized that the changes in security policy, particularly as a result of the war in Ukraine, have demonstrated the importance of satellites for military operations. Another purely Austrian project is BEACONSAT, which the Austrian Armed Forces are implementing in cooperation with civilian companies. This project will involve the construction of a particularly compact satellite responsible for navigation via satellite signals. Its small size makes this satellite more secure and harder to attack. The project costs less than one million euros, and launch is also scheduled for the end of 2026. The operating life of the systems

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Embraer deepens industrial cooperation with Lithuania after C-390 order

The Brazilian aerospace company Embraer plans to establish long-term cooperation with the Lithuanian industry in the aviation and defense sector. This follows Lithuania's decision in June 2025 to procure the C-390 Millennium military transport aircraft. A delegation of Embraer experts recently visited various Lithuanian industrial companies to evaluate their capabilities in maintenance, repair, overhaul, engineering, technological development, and supply chain management. Bosco da Costa Junior, President and CEO of Embraer Defense & Security, expressed his satisfaction with the capabilities of the Lithuanian companies visited. He explained that Embraer will not only contribute to Lithuania's defense capability with the C-390 aircraft but will also support the country's industrial and technological development. This form of industrial cooperation, which also includes collaboration with educational and research institutions, is in line with the strategic goals of the Lithuanian Ministry of Defense and the Ministry of Economy and Innovation. The partnership is part of Embraer's broader European strategy. The Group has expanded its presence in Europe since the early 2000s through strategic investments. Over 40 percent of the C-390 supply chain is already covered by European partners. In recent years, Embraer has initiated similar cooperation projects with Portugal, the Netherlands, Austria, the Czech Republic, and Sweden. With the establishment of Embraer Defense Europe, headquartered in Lisbon, the company underlines its commitment to cooperation with the European Union and NATO. The C-390 Millennium, a versatile military transport aircraft designed for operations in demanding conditions, is increasingly gaining acceptance among European armed forces. Lithuania thus joins a growing

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Competition and financial hurdles: Virgin Australia distances itself from the takeover of regional airline Rex

The Australian aviation industry is in a state of constant strategic realignment. A recent chapter in this development was opened by the statements made by Race Strauss, Chief Financial Officer of Virgin Australia, at an event in Cairns. Strauss stated that Virgin Australia has no interest in acquiring the ailing regional airline Rex – Regional Express. He cited the immense financial burden associated with the necessary renewal of Rex's aging aircraft fleet as the main reason. This decision underscores the financial discipline and clear investment criteria that are commonplace among large companies in the aviation industry. While Rex's parent company, Regional Express Holdings, has been in administration for a year now and the search for an investor is ongoing, Virgin Australia's stance highlights the challenges associated with rescuing companies with significant capital needs. The burden of the aging fleet: A financial obstacle Race Strauss's main argument against a takeover of Rex is the company's challenging financial situation, which he described as a "significant capital cliff." He emphasized that a company pursuing such a disciplined financial strategy as Virgin Australia would not be able to overcome the associated economic hurdles. This highlights that the acquisition costs must include not only the purchase price itself, but also the long-term investments in fleet renewal. A look at Rex's aircraft fleet, as recorded by the aviation data portal ch-aviation, confirms Strauss's assessment. The fleet consists primarily of 340 Saab 34,1Bs with an average age of XNUMX

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