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...People with knowledge of the decision said the sale had been planned by Credit Suisse’s management team before its rescue by UBS this year....
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...Storonsky, chief executive of fintech Revolut, who is worth £2.6bn....
...On Friday, the struggling jet maker confirmed it was considering reacquiring Spirit AeroSystems....
...It has brought in a retired Navy admiral, Kirkland H Donald, to review its quality management systems....
...Kassan charged UTA for private jet flights, it said, that were “personal in nature and had no rational business purpose . . . in short, Kassan erased any line between his personal and business expenses”....
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...First up: $258k on private jets hoo boy — was he delivering all the pizzas himself? Secondly: this is the vast majority of the money, so we can still do some maths....
...Dell’s family office, DFO Management, has agreed to provide the first outside capital to 5C Investment Partners....
...I think this stems from fear and uncertainty,” BlackRock chief executive Larry Fink told analysts on Friday....
...During the pandemic, companies expanded private jet privileges for top executives, citing health safety reasons. Although the pandemic is over now, private jet spending is still booming....
...Just over two years ago, Credit Suisse broke new ground with a so-called synthetic securitisation of a portfolio of loans tied to the yachts and private jets of oligarchs and billionaires....
...Meta’s DEF14A for this year has yet to drop, although since she’s no longer a named executive officer, we don’t expect her jet bill to feature....
...Guillaume Faury, Airbus chief executive, confirmed last month that the plane maker’s discussions with Spirit had covered “a lot of parameters of the contractual relationship, price being one of them”....
...It also builds aerostructures for Airbus jets, including parts for the A350 and A320. It builds the wings for the A220 jet in Belfast, Northern Ireland....
...She was previously at Cerberus Capital Management....
...“Each aircraft will be returned to service only after completion of full maintenance and safety inspections,” said Ben Minicucci, the airline’s chief executive, in a statement....
...Alongside his flair for buying and selling businesses, Mackenzie also oversaw CVC’s growth from UK buyout shop to global asset management company....
...The incident led to the temporary grounding of the Max 9, a larger plane in Boeing’s family of single-aisle jets....
...Hiroshi Lockheimer, head of Android, will be moved to work on other products and is replaced by Sameer Samat, vice-president of product management for Android and Google Play....
...The management shake-up caps weeks of turmoil for the group after a door panel blew out mid-air during an Alaska Airlines flight in January....
...The company did not provide any estimate for the financial hit from the incident and the subsequent grounding of potentially affected jets....
...The FTSE 100 company, whose engines power large civil aircraft as well as submarines and military jets, is in the middle of a revamp under chief executive Tufan Erginbilgic, who took the helm in January...
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