The European Commission has awarded nearly $50 million to Finland for the construction of a new Baltic Sea class B icebreaker, aiming to modernize its aging fleet. Meanwhile, Russia’s newest Arctic icebreaker, ‘Katerina Velikaya,’ has commenced sea trials, signaling significant developments in Arctic navigation capabilities.

EgyptAir is embarking on a comprehensive modernization and expansion strategy, including lease extensions for its Boeing 777s, cabin refurbishments, and the addition of next-generation aircraft by 2030. These initiatives aim to bridge fleet gaps, enhance service quality, and meet rising demand in both passenger and cargo markets.