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.

The Future Forbes Realty Global Properties

Figma Introduces AI-Enhanced Code-To-Canvas Feature As Tech Market Volatility Grows

by THEFUTURE.TEAM

February 18, 2026

Integrating AI With Design

Figma, in collaboration with Anthropic, has launched an innovative feature called Code to Canvas. This advancement transforms code generated by artificial intelligence tools such as Claude Code into fully editable designs within Figma’s digital canvas. By bridging the gap between AI-driven code and design refinement, the new tool empowers teams to refine, compare, and finalize design options with greater efficiency.

Reinforcing The Role Of Design

The integration underscores a broader strategic belief: even as AI automates the initial creation of interfaces, the human element in design remains indispensable. Although this partnership equips teams with a faster on-ramp to usability, it also carries the risk that as AI tools mature, the traditional design process may be circumvented entirely. This delicate balance between automation and creative oversight is reshaping how products are built and refined.

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Market Reactions And The SaaS Landscape

Figma’s latest move comes at a time when the software as a service (SaaS) sector is experiencing significant turbulence. The market has broadly punished SaaS stocks, with flagship names including Salesforce, ServiceNow, and Intuit suffering double-digit declines. The iShares Software ETF has also entered bear market territory, reflecting investor concerns over a broader ‘SaaSpocalypse.’

Stock Performance And Future Outlook

Figma, which experienced a dramatic stock decline since its IPO last summer, has not been immune to these market forces. As it prepares to report earnings after Wednesday’s market close, Figma’s stock has fallen nearly 85% from its 52-week high of $142.92 reached in August. This steep drop emphasizes the challenges even industry leaders face amid a shifting economic landscape.

As Figma continues to innovate at the intersection of design and AI, industry observers will be keenly watching both the technological impact and the broader market reaction to these bold strategic moves.

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