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Rolls-Royce parts shortage to delay 787 engine repair

Bloomberg Rolls-Royce Holdings Plc is wrestling with a shortage of parts needed to repair hundreds of faulty engines that power Boeing Co.’s 787 wide-body jets, further stretching a tight timetable for repairs. The fix for excessive wear on the Trent 1000 turbines is taking about three days longer than planned in some cases due to a shortfall in stocks of ...

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CVC Capital buys Malaysian snack producer Munchy

Bloomberg CVC Capital Partners acquired Malaysian snack producer Munchy Food Industries Sdn., as the private equity firm deepens its exposure to the fast-growing consumer industry in Southeast Asia. The London-based investment firm’s Asia Fund IV completed the purchase of a 100 percent stake in Munchy Food on June 8, it said in an emailed statement, confirming an earlier Bloomberg News ...

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Lightning strikes more than once for Lufthansa’s tardy eurowings

Bloomberg A freak bout of electrical storms over Germany is to blame for the worst monthly punctuality record at Deutsche Lufthansa AG in at least two years, according to the company. The country suffered more lightning strikes in the first five months than in the whole of 2017, with planes hit by an average of three bolts a week, according ...

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