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Aviation

Aviation Kerosene Set to Peak at $211.7 a Barrel in May — S&P Global Sees a 114% Two-Month Jump on Hormuz Disruption as Goldman Warns Europe's Jet-Fuel Stocks Could Drop to a 23-Day Cover and the Government Flags an End-August Shortage Risk

Aviation Kerosene Set to Peak at $211.7 a Barrel in May — S&P Global Sees a 114% Two-Month Jump on Hormuz Disruption as Goldman Warns Europe's Jet-Fuel Stocks Could Drop to a 23-Day Cover and the Government Flags an End-August Shortage Risk

S&P Global Ratings projects aviation kerosene will peak at $211.7 per barrel in May 2026 — up 114 percent in two months. Goldman Sachs sees Hormuz disruption taking 500,000 b/d offline with 23 percent of European jet-fuel exposure in play, and Lisbon has flagged an end-August shortage risk.
The Portugal Brief
Paulo Mirpuri, Founder of Air Luxor and Hi Fly, Has Died — A Lisbon Aviation Pioneer Who Built Portugal's Largest Charter Operator and the Conservation Foundation Behind It

Paulo Mirpuri, Founder of Air Luxor and Hi Fly, Has Died — A Lisbon Aviation Pioneer Who Built Portugal's Largest Charter Operator and the Conservation Foundation Behind It

Paulo Mirpuri died Saturday 2 May 2026. The Lisbon entrepreneur founded Air Luxor in 1988 (peak 2002: 1M passengers, €100M revenue) and Hi Fly in 2005, the charter and ACMI operator that put Portuguese widebodies on every continent and ran the only A380 in the world outside scheduled service.
The Portugal Brief
Saab Walks the Portuguese Defence Industrial Pitch Public — €5 Billion Over 20 Years for the Gripen E, OGMA in Final Assembly, Critical Software Building the Simulator and an RBS15 Naval Add-On Sweetener

Saab Walks the Portuguese Defence Industrial Pitch Public — €5 Billion Over 20 Years for the Gripen E, OGMA in Final Assembly, Critical Software Building the Simulator and an RBS15 Naval Add-On Sweetener

Saab walks its Portuguese defence-industrial pitch public: €5 billion over 20 years for the Gripen E, OGMA in Alverca on final-assembly potential, Critical Software on the AI simulator, Thyssenkrupp-Vangest-Kristaltek as suppliers — and the RBS15 anti-ship missile as a Marinha sweetener.
The Portugal Brief
Lufthansa Technik Clears the Environmental Hurdle for Its €309 Million Engine-and-Component MRO Plant in Santa Maria da Feira — Construction Starts in Summer 2026 With 526 Jobs Targeted by 2030 and First Production Slated for 2028

Lufthansa Technik Clears the Environmental Hurdle for Its €309 Million Engine-and-Component MRO Plant in Santa Maria da Feira — Construction Starts in Summer 2026 With 526 Jobs Targeted by 2030 and First Production Slated for 2028

Lufthansa Technik's €309 million MRO factory at Lusopark in Santa Maria da Feira has obtained Portugal's environmental impact statement. Construction starts this summer with 526 jobs targeted by 2030, a 30-tonnes-a-day component throughput, and first production scheduled for 2028.
The Portugal Brief