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CEO projects share of sales will double as companies integrate technology into operations
...CD&R and BC Partners declined to comment....
...Kennedy Lewis, a $14bn credit firm, last week agreed to sell a significant stake to Petershill Partners, the private equity investment arm of Goldman Sachs Asset Management....
...Turkey’s dominant tourism sector has also been a driver for the aviation sector....
...The US aviation regulator has recommended that airlines check an older version of Boeing’s 737 jet that has the same kind of door plug as that which blew out on an Alaska Airlines aircraft earlier this month...
...“Not only should [it] help Spirit — it gives new confidence Boeing should have in Spirit,” said Scott Hamilton of aviation consultancy Leeham News....
...Mike Whitaker, the new head of the Federal Aviation Administration, earlier on Tuesday told lawmakers in Washington that the regulator would put “more boots on the ground” to monitor the plane maker and...
...The US Federal Aviation Administration grounded 171 Boeing 737 Max 9s on Saturday....
...There are 215 Max 9 aircraft in service globally, according to data from aviation consultancy Cirium....
...Spirit is a crucial industrial partner in the Northern Ireland Advanced Composites and Engineering Centre, a research lab located next door....
...Robert Stallard, analyst at Vertical Research Partners, said bringing Spirit back in-house would be “great for Spirit, not so great for Boeing”....
...“They are like lemmings when it comes to this stuff,” said Bill McGee, a senior fellow for aviation and travel at the American Economic Liberties Project, an anti-monopoly think-tank....
...Robert Stallard, analyst at Vertical Research Partners, said the changes were “probably a wise move by the Boeing board of directors . . ....
...“This sort of failure should not happen on any aeroplane but for it to happen on a three month-old aircraft is unacceptable,” said Nick Cunningham, analyst at Agency Partners....
...“The duopoly is working”, says Nick Cunningham at Agency Partners a consultancy in London....
...Boeing laid off thousands of workers during Covid, including final assembly workers, said Scott Hamilton of aviation consultancy Leeham News....
...But BlackRock said last month that he would seek re-election for one more year to oversee the integration of BlackRock’s $12.5bn acquisition of Global Infrastructure Partners....
...The emergency directive from the US Federal Aviation Administration affects about 171 jets worldwide....
...Shares in Boeing closed down 5.7 per cent on Thursday after the Federal Aviation Administration on Wednesday barred it from expanding output of its Max series, citing quality-control concerns....
...Gidon Novick, the founder of domestic airline Lift, said the country’s aviation market had “changed dramatically” in the past few years....
...BGC Partners has reached a settlement with a former senior partner following allegations that he took part in a $35mn scheme to defraud the broker....
...“Carlyle and Cyrus both have extensive experience across the aviation industry and deep knowledge of our airport. Their commitment to our future delivers both certainty and stability.”...
...And a court fight to start: A former top investment banker at Centerview Partners did not strike a valid agreement to become a full-fledged partner at the elite advisory firm during a restaurant meeting...
...United has 79 Max 9s with this configuration, out of about 215 in operation worldwide, according to aviation data provider Cirium....
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