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.
Wizz Air carried 7.8 million passengers in 2009 representing 33% growth year-over-year.
Last year the company opened a new base in Prague, taking its total to eleven bases in Central and Eastern Europe, and took delivery of seven new aircraft bringing the fleet to 27 Airbus A320s. The airline also launched 40 new routes, resulting in a network of 147 destinations.
“Wizz Air’s has been one of the fastest growing airlines in the world over the recent years. It will continue to be the case in 2010 when we will be opening new operating bases, launching new routes, adding more capacity and carrying over 10 million passengers,” said József Váradi, chief executive officer of Wizz Air.
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.