Pallas Air (formerly Lifa Air)

Here are Thomas’s comments on Pallas Air’s new plans. :slight_smile:

Pallas Air announced on Thursday that it is updating its strategy and will completely exit the manufacturing of respirators in the first half of 2026. At the same time, the company will focus more heavily on data management, AI, and robotics in its service solutions going forward. Following the change, the company will record write-downs totaling EUR 3.8 million for 2025, relating to inventories, equipment, and the valuation of subsidiary shares. We consider the exit from the mask business to be a justified and expected move. However, the company’s very tight financial situation limits its ability to implement the updated strategy.