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...Weeks before he was appointed, he received a government order of 12 training and reconnaissance jets in an estimated €180mn deal....
...The biggest of RTX’s partners, Germany’s MTU Aero Engines, saw its shares fall steeply on Monday and Tuesday. It plans to provide an update on Wednesday....
...He said the company, now renamed SAT Aero Holdings, would provide services including crews and maintenance and had hired experienced specialists from the original Mexicana Airlines....
...Turbulence ahead After a pandemic surge and the Spac boom propelled the industry to new heights, private jet ventures are grappling with falling demand, Bloomberg reports....
...Financiers take flight JPMorgan boss Jamie Dimon is a prolific passenger of the company jet. But his new colleague, First Republic chair Jim Herbert, trails closely behind, Alphaville writes....
...Rolls-Royce, whose civil engines power some of the world’s biggest jets for Airbus and Boeing, took a big financial hit from the grounding of flights during the pandemic....
...Gates’s biggest UK investments, for example, have been in retailer Carpetright, jet servicing group Signature Aviation and Bunzl, a distributor of disposable cutlery....
...Citing the experience of building the F-2 fighter jet, which was based on the US F-16 fighter jet, with US partners, Abe stressed that the company had a solid record....
...Time, however, is running short if the countries are to meet their ambition to have a jet in service by 2035....
...So far there are some positive signals with Rolls-Royce, the UK aero-engine group whose engines power a large part of the world’s wide-body fleet, reporting early signs of a recovery in these jets as sales...
...The company, Plan D LLC, owned a Gulfstream jet. In court papers reviewed by the FT, the US Virgin Islands government cites flight logs showing that the plane transported underage girls....
...“The Russian government is playing a game of what I call ‘Grand Theft Aero’,” said Paul Jebely, global head of asset finance at law firm Withers....
...This also assumed that midsize hydrogen-propelled aircraft would be operating by 2035, with hydrogen-powered narrow-body jets in service by 2037....
...Even less avid backers agree that aviation is on the brink of the biggest revolution since the transition to jets in the 1940s....
...from the peak of the pandemic in March 2020 when about 3,586 twin-aisles were in storage, it is still almost 30 per cent of the current fleet as airlines have been slow to bring these planes back into service...
...Rolls-Royce, the UK aero-engineer, is currently testing an all-electric plane. Many are also backing new start-ups that promise a revolution in urban air mobility through the use of air taxis....
...In February, Blackstone and Global Infrastructure Partners made a similar move, ending a takeover battle for the UK-listed private jet services company Signature Aviation with a joint £3.5bn bid....
...“With neither the vibration of a piston engine nor the roar of a jet — rather a polite whirr — the plane shot forward, and within 250 metres we were airborne....
...Or they want to own their home through an LLC [limited liability company] — maybe a celebrity who wants to keep their identity private,” she says....
...The jet engine maker, which had said late on Wednesday that it had entered exclusive talks with a Bain Capital-led consortium on the possible sale of its ITP Aero unit, posted a half-year underlying operating...
...“We are likely not alone in feeling a bit jet-lagged,” he said. The group in the autumn raised £5bn through a combination of debt and equity....
...“We fired on all cylinders,” said Griffin in an interview, recalling how one of his investors recently compared the firm to an F-22 fighter jet....
...Simon Russell joined Nomura to lead its technology, media and online services investment banking division for the Europe, Middle East and Africa region from London. He joins from Macquarie Capital....
...However, its Disney Plus streaming service grew from 87m subscribers on December 2 to 95m a month later, helped by the Christmas Day premiere of Soul, a critically acclaimed Pixar film. 2....
...(Bloomberg) News round-up Blackstone in talks with private jet group Signature Aviation over £3bn deal (FT) Coinbase files for US listing in a first for a cryptocurrency exchange (FT + Lex + Alphaville...
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