Latest News
-
Kansas Republicans support Bombardier after Trump's threat
Trump's threat to ban Bombardier aircraft from the United States began to backfire Tuesday, after Republicans in Kansas, which employs 1,500?Bombardier? employees, pledged to protect these jobs before a crucial November election. Some Republican legislators reached out to the White House over their fears that Bombardier would lose access to a large market, which accounts for half of its sales. Meanwhile, Democratic opponents in the predominantly red state jumped into the debate. Roger Marshall, Republican U.S. Senator for Kansas, who is running for election, has said that he will fight to keep Bombardier's jobs in Kansas. He said, "I have already brought this concern to the Oval Office." Bombardier employs 3,500 people in the U.S.; more than 40% are located in Wichita. Jerry Moran, a Republican senator from Kansas who will not be re-elected this year, told reporters on Monday he had contacted the Trump administration to "ensure that the president was aware of Bombardier's significant contribution to Kansas." The threat to Bombardier could escalate an already escalating U.S.-Canada trade war that is a growing election issue in the run up to the November midterm elections. Adam Hamilton, a Democrat who is running to replace Marshall in the Senate race, said on X Monday that Bombardier provides good-paying employment for 1,500 Kansas families. "Now, the president tries to take this away." The highly integrated aerospace industry has been largely spared from Trump's wider tariff war, which has imposed?duties in other industries such as autos. Three aviation lawyers who were interviewed by said that it wasn't immediately clear as to how Trump could prevent Bombardier private planes from being delivered in the United States, since they had been approved by U.S. Federal Aviation Administration. The White House is yet to comment. Trump's threats to decertify Bombardier planes in February over a certification spat with U.S. rival Gulfstream Aerospace did not materialize. Transport Canada approved the American-made aircraft. The IAM, North America's largest aerospace union, has said that it opposes Trump banning the jets. David Hernandez, an associate at Vedder-Price in Washington, said that the situation is causing a great deal of anxiety on both sides. This makes no sense. Hernandez told a client who was planning to fly Bombardier at the end October, that he asked him Tuesday if the threat posed a problem. Although the administration hasn't yet banned any planes from flying, lawyers should still take this threat seriously. Ehsan M. Monfared is an attorney at YYZlaw in Toronto. He said that there was no sign of any resistance from Americans who wanted to buy used Bombardier business aircraft from his Canadian customers. Monfared stated that the sentiment among the business aviation community is that Trump would alienate supporters and wealthy donors by banning deliveries of Bombardier aircraft. He said that a policy like this would affect too many orders from supporters of the government. "And its legal basis is in any case questionable." Bombardier shares fell 3.6% at midday after opening the day down 6.4%. Trump's threat was made in a Monday post as the trade dispute between Washington and Ottawa intensified, with Canada introducing counter-tariffs on U.S. goods worth $20 billion. On Monday night, Congressman Ron Estes of the Republican Party, who represents Kansas' 4th District, stated on the social networking site X, that he opposed tariffs on aerospace and defended Canadian planemaker Bombardier's contribution to Kansas. Bombardier is trusted by the U.S. military to perform critical missions in national security.
-
French energy unions are threatening strikes in the next week due to a proposal to reduce benefits and pay
Three union members told us that French energy sector 'unions' are planning to strike on Tuesday, August 8, over a recomendation made by the French Court of Auditors in July to curb wage growth and employee perks such as cheaper power and gas. The Belgian Gas Terminal Operator Fluxys, the French Gas Terminal Operator Elengy and state-owned EDF have all filed strike notices. The unions of French energy workers and retirees pay reduced rates for electricity and gas. This is a key part of their compensation package. This court determined that EDF would lose over EUR700 millions in revenue by 2024. EDF spokesperson said that this type of preferential access is common in major companies. Employees value the energy-related benefits while encouraging responsible consumption. The spokesperson stated that it was "perfectly appropriate" for the company, whose success in the industry relies on the commitment of its employees. Gas deliveries could be disrupted if a strike occurs in Europe, as the continent works to fill up its storage before winter. Power cuts may also occur if wholesale electricity prices remain high. France is Europe's biggest LNG importer. These cargoes are transported throughout the continent. Around 70% of the country's electricity is generated by nuclear power. A union source said that further strikes could be possible following Tuesday's 24 hour action. An official from the government said that 'discussions are being held and some changes are being considered, such as moving away from a flat-rate for cheaper energy, to an allowance based upon consumption.' But the government must follow the Court of Auditors guidance. The court recommended that EDF limit annual wage increases and phase out energy benefits. EDF faces significant investment costs in upgrading its nuclear fleet, and planning new reactors. A CGT member in the gas industry said that a large turnout is expected due to opposition of the auditors' reports. Fluxys stated that it was too soon to determine the impact on operations, but terminals located outside France were not affected. Elengy confirmed all the unions in the energy sector had called for strike action, but was unable to indicate any potential impact.
-
EasyJet is facing a $72 million lawsuit for stranded Airbus aircraft, reports FT
The Financial Times reported that a unit of the Russian state-owned aircraft?lessor GTLK is suing 'easyJet' for $72 million over claims it illegally abandoned six Airbus airplanes after ending their leases due to sanctions. STLC - Europe Eight, a division of GTLK Europe filed the lawsuit in London's High Court. It alleges that easyJet leased 'Airbus jets at Madrid and Cyprus without maintenance in 2022 while airport storage charges continued to accumulate. According to the claim the carrier leased 'aircraft from STLC, and informed the lessor 'April 2022 it was terminating leases due to EU sanctions that prevented them from maintaining or repairing jets. The report said that STLC maintains the sanctions do not apply since the aircraft was outside of Russia and the leasing company is based in Ireland. The poor condition of three jets that were parked at Cyprus' Larnaca International Airport led to a sale for $32,5 million less than anticipated. According to the report, three more aircraft are still parked in Madrid. EasyJet's spokesperson said that the airline will defend the claim fully and refused to comment further. GTLK has not responded to the request for comment.
-
Wizz Air and Ryanair demand NATS overhaul following UK flight disruption
Budget airlines Wizz Air and Ryanair called on Tuesday for a restructure of Britain's air-traffic control provider NATS after a new technical issue disrupted hundreds of flights at major airports across the country. "A national infrastructure provider that is critical to the aviation industry should not bring it to a standstill repeatedly." NATS in its current form is not suitable for the purpose it was intended for," said a Wizz Air spokesperson in a statement. Rival airline Ryanair has also criticised this agency and demanded the resignation of its CEO Martin Rolfe. We were told that lessons would be learned from the collapse of 2023. "Resilience will improve" was the message. We were told that the systems had been repaired. "Yet here we are once again," Ryanair Chief Operating Officer Neal McMahon stated. NATS didn't immediately respond to an inquiry for comment. The British aviation regulator stated that in 2024 NATS would need to review its contingency plan for outages, after automatic processing of flight schedules had failed a year before, causing chaos at Britain's airports. The UK's civil aviation body said on Tuesday that it had been in contact with NATS regarding the?incident. It expects NATS to provide a complete report about the incident. Civil Aviation Authority spokesperson: "We will consider if any additional?steps are needed?to ensure the?safereliability of the UK's Air Traffic Control System."
-
Treasury website shows that the US has issued new sanctions against Iran.
The United States issued 36 new'sanctions' on Tuesday, targeting Iran’s aviation sector and other companies. This is part of an effort to increase economic pressure on Tehran at a time when the Middle East war has entered its seventh month. The U.S. Treasury Department stated that the action was taken to 'ground Iran's Mahan Air, and other Iranian airlines, as well as covert?front companies, foreign intermédiaires, and deceptive?trans-shipment routes?, which Iran relies upon?to acquire U.S. origin aircraft and sensitive technology? The Treasury issued an alert to financial institutions asking them to report networks of procurement supporting Iran's aerospace industry. It also targeted companies based in Turkey, the United Arab Emirates and other countries that they claimed helped Tehran purchase U.S. aircraft and sensitive technology. "This is a warning to anyone doing business with Iran's airlines that we have sanctioned today: you are at risk of being cut off from global financial system," said?U.S. Treasury Secretary Scott Bessent made a statement.
-
Germany warns that Russian winter attacks will intensify after it sends more Patriot missiles into Ukraine
Boris Pistorius, Minister of Defence, said on Tuesday that Germany will be sending Patriot air defence missiles from its own national stock to Ukraine. He warned that Russia would likely 'intensify' their air campaign against Ukrainian infrastructure in the coming winter. Pistorius, speaking at a videoconference with nations that support Ukraine, said he decided to "deliver immediately" more PAC-2 missiles. Officials say that Patriot missiles are the only effective defense against Russian ballistic missile attacks in Ukraine. Pistorius stated that "since Russia is only making a very slow advance at the frontline, it is trying to destroy Ukraine's critical infrastructure and economic base by air raids on port installations, power stations, and other civilians targets." He said that the damage would be "even worse" if the temperatures dropped. Pistorius has not stated how many missiles Germany will provide. He also said that Germany would continue to supply drones, long-range ammunition and air-to-air weapons. Yevhenii Khmara, Ukrainian Minister of Defence, said that Kyiv has signed a contract to purchase around?1,000 Patriots. However, the majority will only be delivered in the next few years. He called on allies to use their stockpiles 'for Ukraine now', on the assumption that Kyiv will replace those missiles in future deliveries. NATO Secretary General Mark Rutte urged allies to increase their support, saying that civilian casualties in the war had reached their highest level since may 2022. "Nations ?must dig deeper. He said, "We do not have any choice." Before the meeting, Rutte and European Commission President Ursula von der Leyen announced that EU member states had agreed to utilize part of an EUR90 billion ($105 billion), EU loan in order to allow Ukraine purchase crucial supplies for Patriot system.
-
French energy unions are threatening strikes in the next week due to a proposal to reduce benefits and pay
Three union members have told?that French energy sector unions will strike on Tuesday, August 14, 'over a recommendation made by the French Court of Auditors in July to limit wage increases and curtail employee benefits like?access?to cheaper gas?and power?. The Belgian Gas Terminal Operator Fluxys, the French Gas Terminal Operator Elengy and state-owned EDF have all filed strike notices. The French energy sector offers discounted gas and electric rates to workers and retirees. Their unions consider this a key part of their compensation package. This was estimated to cost EDF more than EUR700 million by 2024. The strike may disrupt gas supplies in Europe, as Europe works to "refill" storage before winter. It could also cause power outages at a time when wholesale electricity prices are high. France is Europe's largest LNG importer. The cargoes are transported throughout the continent. Around 70% of its electricity is generated by nuclear power. A union source said that further strikes could be possible following Tuesday's 24 hour action. An official from the government said that discussions are being held and some changes will be considered. For example, moving away from a flat-rate for cheaper energy towards an allowance based upon consumption. However, the official added that the government must abide by the Court of Auditors’ guidance. The court recommended that?EDF limit annual wage increases and phase out energy benefits as the company faces significant investment costs in upgrading its nuclear fleet?and planning?new reactors. A spokesperson from EDF confirmed a strike on Tuesday. A CGT member said that a large turnout is expected in the gas sector due to the?opposition of the auditors' recommendation. Fluxys stated that it was too soon to determine the impact of the strike on its operations, but terminals located outside France would not be affected. Elengy confirmed that all the unions in the energy sector had called for strike action, but they could not predict any potential impact.
-
Major UK airports are affected by an air traffic control issue that disrupts departures
Heathrow Gatwick Manchester Stansted were among the major British airports that experienced delays and restrictions on Tuesday due to a technical problem with NATS, which is responsible for air traffic control. We are currently investigating a technical problem that is causing some delays in flight departures. NATS posted on X that "Our engineers are on the ground and we will give you an update as soon as possible." Heathrow Airport, Britain's largest hub, has said that it is working with NATS in order to solve the problem as quickly as possible. Edinburgh Airport posted a message?on X stating that this issue could impact their operations. Dublin Airport in Ireland said that flights were also affected. Flightradar24, a flight tracking website, said in social media that the London Flight Information Region was heavily regulating arrivals and departing flights because of this issue. The latest issue to affect the air traffic control system in the country is this one. The British aviation regulator stated that NATS would need to review their 'contingency plans' for outages in 2024 after automatic flight plan processing had failed a year before, causing chaos at Britain's airports. The airline bosses claimed that it cost them more than PS100 million ($135,49 million) as refunds and compensation. A technical problem with Britain's air traffic control system, which is related to radar, disrupted flights at Heathrow and other major airports for more than four hours in July of last year.
MISO launches fifth Fast-Track Study Cycle for 7.3 GW Power Projects
Midcontinent Independent System Operator said that on Tuesday it had started a fifth round of expedited study covering about 7.3 gigawatts worth of 'new power generation and storage projects,' as the electricity demand in its U.S. territory increases.
The portfolio proposed by MISO includes solar and wind farms as well as battery storage facilities in the North, Central and South MISO regions. These projects will be in service by 2029. They include gas plants in Louisiana, Indiana and Kentucky, as well as battery storage developments.
The U.S. electricity demand is increasing as power-hungry data centers, new manufacturing facilities and wider electrification are driving consumption higher. According to the Energy Information Administration, after reaching a second consecutive record for U.S. electricity use in 2025, it is expected that consumption will increase in 2026-2027.
MISO reported that the ERAS program was launched to expedite studies of projects deemed important to grid reliability. The program has already studied 58 projects, with a total capacity of nearly 29 GW, or is'set to study' them.
Five more projects, totaling 3 GW, are nearing completion. The program has a?cap of 68 projects, and will end in 2027.
(source: Reuters)