Aviation

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Economy
Aviation
Cargolux to pay €1.15 million as Luxembourg court approves Gabon influence-peddling settlement
Luxembourg's district court on 1 July ratified a plea agreement requiring Cargolux to pay roughly €1.15 million in fines and confiscation over influence peddling linked to its activities in Gabon from 2010 to 2015. The case, which Cargolux self-reported in 2015, targets only the company, not individuals. It lands months after the EU's top court upheld a separate €79.9 million cartel fine against Europe's largest all-cargo airline.
By Jonas Thill2 days ago
Economy
Corporate accountability
Cargolux to pay €1.15 million to settle Gabon influence-peddling case
Cargolux, Luxembourg's flag cargo carrier, has agreed to pay about €1.15 million after a Luxembourg court ratified a negotiated settlement over influence-peddling linked to its operations in Gabon between 2010 and 2015. The case, which the airline voluntarily disclosed in 2015, targets only the company and no individuals — a rare corporate-governance moment for a champion majority-controlled by the Luxembourg state.
By Jonas Thill3 days ago
Society
China
Small plane crashes into Beijing's tallest tower, killing pilot and injuring 13
A single-engine light aircraft crashed into the CITIC Tower, Beijing's tallest building, on 26 June 2026, killing the pilot and injuring 13 people. Authorities confirmed the casualties but not the cause, while videos of the crash were rapidly censored inside China.
By Léa Hoffmann27 June 2026
Europe
Aviation
Europe warned of a late-summer jet-fuel squeeze as peak travel season builds
European airports and energy agencies have warned that a jet-fuel shortage could disrupt peak-season flights by late summer 2026, as Strait of Hormuz disruption drains the bloc's kerosene reserves.
By Marc Weber27 June 2026
Economy
Aviation
easyJet rebuffs Castlelake's £4.9bn bid but opens its books to the US suitor
easyJet has rejected a fourth, sweetened takeover proposal from US firm Castlelake worth about £4.93bn, calling it an opportunistic undervaluation — but it left the door open by sharing commercial data and extending the bid deadline to 5 July.
By Marc Weber26 June 2026
Briefing
Findel airport
Failed biplane landing closes Findel runway, disrupting 66 flights and 5,200 passengers
A vintage Antonov An-2 biplane made a failed landing at Luxembourg-Findel on 21 June 2026, closing the single-runway airport for hours and disrupting 66 flights and about 5,200 passengers. No one was injured.
By Tom Schmit24 June 2026
Society
Findel Airport
Vintage Antonov biplane's crash-landing shuts Findel runway, disrupting dozens of flights
A vintage Antonov An-2 biplane came down hard and ground-looped while landing at Luxembourg's only international airport on Sunday 21 June, damaging the runway and forcing it to close. All 12 people aboard escaped unhurt, but the shutdown of Findel's single runway diverted, delayed or cancelled dozens of flights before crews reopened it the same evening.
By Tom Schmit23 June 2026

Cargolux to pay €1.15 million as Luxembourg court approves Gabon influence-peddling settlement

Cargolux to pay €1.15 million to settle Gabon influence-peddling case

Small plane crashes into Beijing's tallest tower, killing pilot and injuring 13

Europe warned of a late-summer jet-fuel squeeze as peak travel season builds

easyJet rebuffs Castlelake's £4.9bn bid but opens its books to the US suitor

Failed biplane landing closes Findel runway, disrupting 66 flights and 5,200 passengers

Vintage Antonov biplane's crash-landing shuts Findel runway, disrupting dozens of flights