Bird Aviation Boosts MRO Capabilities With New Investment at Larnaca Airport

by THEFUTURE.TEAM

September 3, 2025

Strategic Expansion in the Eastern Mediterranean

Bird Aviation has announced a significant new investment at the historic Larnaca Airport, marking the construction of a third hangar dedicated to aircraft maintenance and repair. Scheduled for completion by November 2025, this facility will enable the company to conduct simultaneous narrow-body aircraft operations across four aircraft at a time.

Meeting Growing Market Demand

This expansion is a pivotal element of Bird Aviation’s strategic growth plan, designed to cater to the burgeoning demand from both airlines and aircraft leasing companies. By introducing a third hangar, Bird Aviation further strengthens its operational capacity while simultaneously enhancing Cyprus’s role within the aviation and MRO (Maintenance, Repair & Overhaul) industry.

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CEO Insight and Vision

Frederic Pralus, CEO of Bird Aviation, noted, “This project reflects our clients’ trust and the dynamic spirit we’ve cultivated as a team. The new facility will empower us to deliver even more comprehensive services as we plan our continued expansion.”

Continued Growth and Industry Leadership

This investment follows the completion of the company’s second hangar at the close of 2024, reinforcing Bird Aviation’s steady ascent as a leading MRO service provider in both the Eastern Mediterranean and the broader region.

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EU Invests €79 Billion In Environmental Protection As Companies Lead Spending

by THEFUTURE.TEAM

June 29, 2026

European Union member states invested €79 billion in environmental protection assets in 2025, according to Eurostat, reflecting continued spending on infrastructure aimed at reducing environmental impacts and managing natural resources.

The investment represented 0.4% of the EU’s gross domestic product and 1.9% of total investment across the economy.

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Wastewater Treatment Receives The Largest Share

Wastewater treatment attracted the largest share of environmental protection investment, accounting for 37.7% of total spending. Waste management followed with 27.3%, while air and climate protection projects represented 11.2%.

Companies Lead Environmental Investment

Businesses accounted for €49.6 billion, or 62.7%, of total environmental protection investment. Spending focused on specialised technologies and equipment designed to reduce the environmental impact of production processes.

These investments included equipment to reduce air emissions, the construction and maintenance of wastewater treatment facilities, vehicles used for waste transport, and waste collection plants. Companies also invested in land for natural reserves and biodiversity protection.

Public Sector Provides The Remaining Investment

General government and non-profit institutions accounted for the remaining 37.3% of environmental protection investment.

Eurostat’s figures show that wastewater treatment, waste management and air and climate protection accounted for the largest share of environmental protection investment across the European Union in 2025.

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