Rheinmetall reports “boom” as results hit new records with orders for vehicles, ammunition and weapons
Rheinmetall is riding high as Europe scrambles to boost its defence forces and replenish spent stockpiles sent to Ukraine.
AirAsia is to increase its Kuala Lumpur–Taiwan frequency to nine flights weekly from 15 April.
Following the route’s successful launch last year, AirAsia continued to boost its international connectivity to Taipei by launching more new destinations from its hubs which include Kota Kinabalu (direct daily flights) as well as the Thai city of Bangkok (direct daily flights). These bring AirAsia’s total number of weekly flights to and from Taipei to 23.
Kathleen Tan, regional head of commercial, AirAsia Group, noted, “The response has been extremely good for this route and we are running at an average of 80% load factor since its launch on 1 July 2009. The demand for the existing routes made it very clear for the need to introduce additional flights. The mounting frequency is a testament to AirAsia’s commitment of making travel accessible and affordable to all. It will also provide both business and leisure travellers with more flexibility and greater choice to connect onto AirAsia and AirAsia X’s extensive route network across ASEAN countries.”
Rheinmetall is riding high as Europe scrambles to boost its defence forces and replenish spent stockpiles sent to Ukraine.
The forecast came as the Italian firm presented its new 2025–29 industrial plan to analysts, with its future figures bolstered by the European increase in defence spending.
Speaking before a committee on European affairs, the speakers addressed recent developments following an eventful few days. During this period, the UK pushed for increased support for Ukraine, while the EU eased budget constraints to allow for greater defence spending. Meanwhile, across the Atlantic, US President Donald Trump introduced tariffs that could impact the defence industry.
NATO and other Western countries had been singing from the same song sheet since the full-scale invasion of Ukraine by Russia three years ago but the alliance has been weakened as the new US administration under President Donald Trump pauses military aid to Ukraine.
Since the release of Ireland’s Commission on the Defence Forces (CoDF) report two years ago there have been whisperings about the potential of Ireland buying fighter jets, one of the most ambitious recommendations. The prospect has now inched closer.
UK Prime Minister Keir Starmer raises defence spending, while both NATO and President Trump demand significant further increases.