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...Led by Paul Singer, Elliott draws on one global pool of capital, giving it the flexibility to make equity and debt based investments....
...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...
...A rival comes for Elliott’s crown Elliott Management seems to be getting along better with Corporate America. And some other shareholders out there are not so happy about it....
...Elliott in June branded Gutierrez a “deficient leader” and demanded he step down as part of a management overhaul....
...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....
...US hedge fund Elliott Management has instead been on a buying spree, betting that the market has grown too pessimistic over potential losses....
...“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....
...“Not only should [it] help Spirit — it gives new confidence Boeing should have in Spirit,” said Scott Hamilton of aviation consultancy Leeham News....
...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....
...How the Western Digital split is faring for Elliott It isn’t just VMware that’s on the minds of merger arbs today....
...The Virginia-based group confirmed the “preliminary” discussions on Friday afternoon, saying it believed that the “reintegration” of Spirit “would further strengthen aviation safety, improve quality and...
...Its chief executive, Gary Elliott, said the UK was “competitive and comparable” to other countries and industry was “leaning into the opportunity [of net zero] and investing heavily”....
...Elliott succeeded in flexing its muscle in 2017....
...One person familiar with Elliott’s plans said that there were no “near term plans to IPO but it was one of a number of options for the future”. Elliott declined to comment....
...In a chilly hangar in Northern Ireland, Ulster Aviation Society co-founder Ray Burrows surveys painstakingly restored aircraft including a sleek black Sherpa jet, a boxy Short 330 and a Canberra spy plane...
...United has 79 Max 9s with this configuration, out of about 215 in operation worldwide, according to aviation data provider Cirium....
...Boeing laid off thousands of workers during Covid, including final assembly workers, said Scott Hamilton of aviation consultancy Leeham News....
United Airlines warns large order is in doubt as Alaska Airlines says ‘many’ planes had loose bolts
...The Federal Aviation Authority has grounded 171 of the Max 9 aircraft pending inspections of the production lines as well as suppliers....
...an aviation hub” and “have a considerable positive impact on Turkey’s tourism sector”....
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