Bloomberg Rolls-Royce said a new aircraft engine designed to slash carbon production over coming decades is ready to be fired up in ground-based tests. The demonstrator turbine for the so-called UltraFan program has completed assembly and been transported to Rolls’s purpose-built Testbed 80 in Derby, England, where it has been mounted in preparation for activation early next year, the ...
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Boeing races to win Congress reprieve for 737 Max models
Bloomberg US congressional leaders are poised to exempt two Boeing Co 737 Max models from a new cockpit requirement that would take effect next week, a victory that would help the planemaker avoid an expensive redesign and potentially lengthy certification delays for the jets. Lawmakers were expected to include the controversial provision in the so-called omnibus bill expected to ...
Read More »India’s Adani unveils digital platform for airport services
Bloomberg The Adani Group rolled out a digital platform for its airport vertical as the ports-to-power conglomerate, helmed by Asia’s richest person, Gautam Adani, inches closer to unveiling its super app. Adani One, developed in-house, will enable users to book air tickets, check flight status, access lounges, shop for duty-free products, get cabs and avail parking facilities. “We have ...
Read More »United CEO meets Mesa pilots
Bloomberg United Airlines Holdings Inc Chief Executive Officer Scott Kirby met with pilots at a Mesa Air Group Inc training facility, after Mesa said it had ended its partnership with United competitor American Airlines Group Inc. Kirby, whose company already contracts with Mesa for some service, visited amid talks to expand its ties with the regional carrier, Mesa CEO ...
Read More »L3Harris to buy Aerojet Rocketdyne in $4.7b deal
Bloomberg L3Harris Technologies Inc has agreed to buy rocket engine maker Aerojet Rocketdyne Holdings Inc in a deal valued at about $4.7 billion. L3Harris will pay $58 per share in the all-cash transaction, which includes debt, the company said in a statement. The transaction price represents a 37% premium to what Aerojet cited in an investor document as its ...
Read More »Peru reopens some airports ahead of debate over vote
Bloomberg Peru’s government is reopening some airports ahead of another attempt by congress to approve early elections to calm protesters and alleviate the country’s political crisis. The airport in Juliaca, in southern Peru, will resume operations while the airport in the south-central city of Ayacucho could resume operations on Tuesday, Transport Minister Paola Lazarte said in a tweet from ...
Read More »American to drop Mesa Air as partner
Bloomberg American Airlines Group Inc said it will wind down its partnership with Mesa Air Group Inc on concern about reliability at the regional airline, which has been struggling to hire pilots during an industry-wide shortage. “Mesa Airlines has experienced various financial and operational difficulties this year,†Derek Kerr, American’s chief financial officer, said in a memo. “We have concerns ...
Read More »Ruto keen to sell government’s entire stake in Kenya Airways
Bloomberg Kenya’s government is prepared to sell its entire stake in the East African nation’s loss-making airline, newly elected President William Ruto said. “I’m willing to sell the whole†of Kenya Airways Plc, Ruto said in an interview on the sidelines of the US-Africa Leaders Summit in Washington. “I’m not in the business of running an airline that just ...
Read More »Airline revenue is pressured in ‘off-trend’ calendar quirk
Bloomberg Airlines are coping with a calendar quirk that’s prompting more fliers to book flights on either side of December, creating an air pocket in the last month of the year. The US Thanksgiving holiday on November 24 was the earliest its been since 2018, prompting more travellers to take a return trip the same month — unlike in ...
Read More »Zambia seeks to sell Gulfstream jet
Bloomberg Zambia is looking to sell a Gulfstream G650ER jet bought for the presidency for $194.9 million in 2019 as it seeks to cut costs. President Hakainde Hichilema pledged to offload the plane once elected, and hasn’t used it since taking office in August last year, opting rather for commercial flights or an older presidential jet. The previous administration ...
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