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Airfare prices are set to rise significantly in 2025 due to inflation, increased airline operating costs, and a shortage of planes. Production delays and labor shortages at Boeing and Airbus are limiting aircraft supply, while low-cost airlines are also raising fares to cover higher expenses. This combination of factors is expected to make travel more expensive, impacting both international and budget travel options.
Commerce Minister Piyush Goyal highlighted that India and France's bilateral trade, valued at $15 billion in FY24, remains at a "suboptimal level." He emphasized the need for enhanced collaboration through bilateral agreements and multilateral platforms to boost trade and address challenges like climate change.
Hungary's proposal for EU defense funding requires that at least 65% of components be sourced from EU countries, disappointing some French arms companies that sought an 80% threshold. The initiative aims to bolster European defense production amid concerns over reliance on U.S. arms. New eligibility criteria will also assess the design authority of products, complicating access for firms producing U.S. weapons in Europe.
The election of Donald Trump is prompting European officials to reconsider their reliance on U.S. space cooperation, with calls for increased investment in European space capabilities. Concerns about potential cuts in German space spending and the need for autonomy are driving discussions on enhancing Europe's space industry, especially in light of upcoming elections and geopolitical challenges.
The Pentagon is significantly increasing its investment in commercial space, committing $13 billion to low-Earth orbit satellite services through the PLEO contract, which allows vendors more flexibility. However, challenges persist due to entrenched procurement practices and a lack of clear military demand signals, hindering the integration of commercial technology. To bridge this gap, Space Force officials are engaging with venture capitalists and exploring strategies like "anchor tenancy" to foster innovation while maintaining operational control.
The German government plans to unveil a new defence industry strategy by year-end, aimed at reducing bureaucracy and speeding up arms production. This announcement comes despite the recent collapse of the coalition, as stated by Defence Minister Boris Pistorius.
The EU is advancing its green hydrogen initiative, with Scandinavian Airlines joining a collaboration between Denmark and the Netherlands to enhance hydrogen infrastructure for aviation and other sectors. This partnership aims to create a sustainable hydrogen market, leveraging Denmark's offshore wind resources for production and export, while the Netherlands focuses on building necessary infrastructure. Delta Airlines is also exploring hydrogen fueling at Atlanta's airport, contributing to a broader push for zero-emission aviation.
UBS maintains a Neutral rating on Airbus stock, as reported by Cercle Finance. BOURSORAMA, acting solely as a distribution channel, emphasizes that the analysis is provided "as is" without any warranties, and the opinions expressed do not reflect its views. The institution adheres to strict conflict of interest management policies to ensure objectivity in its investment recommendations.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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