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Boeing exec to help Rolls-Royce fix engine woes

Bloomberg Boeing Co. has dispatched a prominent executive to help Rolls-Royce Holdings Plc work through escalating engine problems that have grounded dozens of 787 Dreamliners. Keith Leverkuhn is serving as Boeing’s eyes and ears at Rolls factories in Singapore and Derby, England, where the Trent 1000 engine is manufactured and being repaired. Leverkuhn, an engineer with expertise in propulsion, is ...

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Next-gen supersonic jets get FAA boost

Bloomberg US regulators say they will ease the glide path for next-generation supersonic jets. The Federal Aviation Administration is crafting a regulation “to accommodate noise certification of new supersonic aircraft,” the agency said in a post on a White House website. Lockheed Martin Corp. last month won a $247.5 million contract from NASA to develop a quieter supersonic aircraft. Aerion ...

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UK retail sales rebound as weather warms up

Bloomberg UK retail sales rebounded more than expected in April as the spring weather lured shoppers into stores. Sales climbed 1.6 percent from March, compared with a median estimate of a 0.9 percent gain in a Bloomberg survey. The surge was led by fuel, household goods and clothing, according to data from the Office for National Statistics in London. After ...

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