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...Helane Becker, analyst at TD Cowen, said Boeing’s delivery delays plus the grounding of planes powered by defective Pratt & Whitney geared turbofan engines, could combine with strong demand for air travel...
...The group estimated the rule would cost airlines $33bn over 10 years....
...Magill lost the support of some influential Penn donors, including Marc Rowan, a founder of the Apollo Group, prior to October 7 when she failed to sufficiently distance the university from a Palestinian...
...Faculty groups have since pushed back against what they described as inappropriate interference by a small group of wealthy benefactors....
...Late on Tuesday, the US regional casino chain ended its partnership with the Barstool Sports media group to work with Disney’s ESPN....
...This is set to be a record-breaking year for air travel. Some 4.7bn people are expected to take to the skies in 2024, according to the International Air Transport Association....
...The region’s big national airline groups, British Airways owner IAG, Air France-KLM and Lufthansa, are still flying smaller schedules than in 2019, after cautiously rebuilding their businesses from the pandemic...
...The stuttering testimony before a US House of Representatives committee by Claudine Gay and Elizabeth Magill, the leaders of Harvard and Penn, respectively, stirred outrage — particularly among Jewish alumni...
...For ESPN, Penn offers expertise in the gambling sector and the technology to power the new app, which the casino group acquired in its $2bn takeover of Canadian gaming app theScore in 2021....
...Since then, 34 states and the District of Columbia have legalised the practice, according to the American Gaming Association, a trade group....
...aerial systems, air defence systems, radars, and a helicopter”....
...Some of the Max fuselages Spirit delivered last year were found by Boeing to have improperly installed fittings on the vertical stabiliser, while another group had incorrectly drilled holes in the rear pressure...
...tenure as Penn board chair....
...The mid-air breach of the fuselage of an Alaska Airlines Boeing aircraft has put the spotlight on Spirit AeroSystems, one of the plane maker’s biggest suppliers....
...Wood’s stock languishes around 142p — a painful 41 per cent below the final takeover price offered by Apollo a year ago before the private equity group got cold feet....
...The FTSE 100 group said its aerospace business recorded operating profits of £420mn for the year to the end of December 2023, up from £186mn....
...first of its twice-yearly fiscal monitor report Results: Abbott Laboratories Q1, ASML Q1, Citizens Financial Group Q1, Financial Services Q1, Hays Q3 trading statement, Las Vegas Sands Corp Q1, United...
...News of United’s discovery, which was first reported by the trade publication The Air Current, hit Boeing’s shares further....
...group....
...An air strike on a facility linked to an Iran-backed militia in central Baghdad on Thursday killed a high-ranking commander, the group said. It was not immediately clear who carried out the attack....
...Hamas said on Wednesday that three sons of Ismail Haniyeh, the Palestinian militant group’s political leader, had been killed in an Israeli air strike in Gaza....
...The Marseille-based transport group, the world’s third biggest container shipping company, will also give up its seat on the board of Air France-KLM....
...With local governments’ support for the so-called low-altitude economy, Chinese vehicle makers such as Xpeng, Ehang, Guangzhou Automobile Group, Geely and their affiliates are all racing to claim a large...
...Taxed and capitalised, these would be worth about $1.8bn, or more than three times the premium. The companies say the Hawaiian leisure air travel market is worth $8bn a year....
...Safran chief executive Olivier Andries said the group was in talks with the Italian government over its opposition to Safran buying the Italian subsidiary of Collins Aerospace as part of its planned $1.8bn...
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