Bloomberg Rolls-Royce Holdings Plc projected free-cash outflows of about 2 billion pounds ($2.7 billion) this year, saying new curbs on travel tied to the coronavirus will delay a recovery in long- distance flights. The shares slumped after the UK jet-engine maker said on Tuesday that it expects flying hours for wide-body aircraft to reach just 55% of 2019 levels. It …

Bloomberg Macquarie Infrastructure Corp (MIC) is seeking bids for services provider Atlantic Aviation, according to people with knowledge of the matter. Atlantic could fetch as much as $4 billion, including debt, if suitors value the company at a similar multiple to rival Signature Aviation Plc, some of the people said, asking not to be identified because the information isn’t public. …

Bloomberg China is finally reaching the finish line in its long-delayed attempt to build a jet capable of competing with narrowbody planes from Airbus SE and Boeing Co, according to the state-owned company in charge of the program. Commercial Aircraft Corp of China (Comac) will deliver its first C919 single-aisle jet by the end of the year, Communist Party-backed newspaper …