DIRS.INFO The most relevant business & tech news

☆ Qantas flight makes emergency landing after engine failure
▼ + stars: | 2024-11-08 | by ( ) edition.cnn.com time to read: +2 min

Sydney Reuters —A Qantas Airways plane bound for Brisbane suffered an engine failure after takeoff on Friday and circled for a short period of time before returning safely to Sydney Airport, the Australian airline said. The airline said its engineers had conducted a preliminary inspection of the engine and confirmed it was a contained engine failure, meaning the internal engine parts stayed within the protective housing designed to keep them safely enclosed. Uncontained engine failures, where engine fragments fly out of this housing, can result in serious damage to the main body of an aircraft. Qantas flight QF520 took off from Sydney at 12:35 p.m. (8.35 p.m. Thursday ET), circled a few times and diverted to land at Sydney, tracking data from Flightradar24 showed. Qantas said the plane landed safely after appropriate procedures were conducted and added it would be investigating the cause of the engine issue.

Persons: Mark Willacy, QF520, “, France’s Safran Organizations: Sydney Reuters —, Qantas Airways, Sydney Airport, ABC, Qantas, Sydney, Boeing, CFM International, GE Aerospace Locations: Brisbane, Sydney, Flightradar24

☆ Boeing: Buy or sell?
▼ + stars: | 2024-10-14 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBoeing: Buy or sell? Matthew Akers, Wells Fargo Securities analyst, and Richard Safran, Seaport Global Securities senior analyst, join CNBC's 'The Exchange' to discuss Boeing's third quarter losses, their outlook the stock, and more.

Persons: Matthew Akers, Richard Safran, CNBC's Organizations: Boeing, Wells, Wells Fargo Securities, Seaport Global Securities Locations: Wells Fargo

☆ Aaron Pierre and Kyle Chandler will lead HBO's 'Lanterns,' over a decade after Ryan Reynolds' widely panned 'Green Lantern.' Here's what to know.
▼ + stars: | 2024-10-10 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

HBO and DC Studios announced that Aaron Pierre and Kyle Chandler will lead the "Lanterns" TV show. The series will be the first major "Green Lantern" project since Ryan Reynolds' widely panned movie. AdvertisementHBO and DC Studios announced that Aaron Pierre and Kyle Chandler will lead the upcoming "Lanterns" TV show — the first major "Green Lantern" project since Ryan Reynolds' widely panned 2011 movie. In the comics, the Green Lantern Corps is an intergalactic police force, with each Lantern working to keep the peace across the universe. Related storiesAaron Pierre and Kyle Chandler play John Stewart and Hal Jordan, respectivelyAaron Pierre and Kyle Chandler will star in "Lanterns."

Persons: Aaron Pierre, Kyle Chandler, John Stewart, Hal Jordan, Ryan Reynolds, —, Reynolds, Zack Snyder's, Greg Berlanti, HBO Max, James Gunn, Peter Safran, Gunn, Safran, Green, Jesse Grant, Jon Kopaloff, Chandler, Jordan, 1grFjppkQe — James Gunn, Nathan Fillion, Guy Gardner, Pierre Organizations: HBO, DC Studios, Service, Green, Corps, Office Mojo, Warner Bros, DC, DCU, Hollywood, Green Lantern Corps Locations: American

☆ Two major deals coming soon may help jumpstart the IPO market
▼ + stars: | 2024-09-27 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

The company is seeking to sell 60 million shares at a price range of $20 to $23 per share. StandardAero previously filed to offer 46.5 million shares at the same $20 to $23 per share range. StandardAero will be a large IPO, likely raising about $1.3 billion at the midpoint. The IPO raise has been sub-par for three years running. IPO watchers note childcare provider KinderCare and digital health marketplace company Solera both could raise $500 million or more.

Persons: Safran, StandardAero, Carlyle, IPOs, StubHub Organizations: Dow Jones, Cerebras, StandardAero, New York Stock Exchange, GE Aerospace, Pratt & Whitney, Royce, Honeywell, Amer Sports, Ingram, Dunkin, Brands, Inspire Brands Locations: U.S

☆ 'Don't fight the Fed': Barclays and Citi turn bullish on these stocks after rate cut
▼ + stars: | 2024-09-25 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

The move prompted Wall Street giants Barclays and Citi to adopt a more optimistic stance on global cyclical stocks. Barclays believes the Federal Reserve's actions are "clearly designed to pull out all the stops to achieve a soft landing" for the economy. Barclays strategists noted that "cyclicals typically rebounded steadily after the Fed started its rate cut cycle ... as long as it was not followed by a recession." Citi strategists share a similar outlook for European stocks. "The scale of the downgrades has become so extreme of late that we're now approaching a point where negative ERI may be a useful contrarian indicator," the Citi strategists said.

Persons: Emmanuel Cau, Beata Manthey, we're, Safran, Atlas, — CNBC's Michael Bloom Organizations: Federal Reserve, Wall Street, Barclays, Citi, Fed, Siemens, BBVA, ING, Holcim, ASM Locations: United States

☆ GE Aerospace CEO Larry Culp on supply chain challenges
▼ + stars: | 2024-09-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGE Aerospace CEO Larry Culp on supply chain challengesGE Aerospace CEO Larry Culp joins 'The Exchange' to discuss supply chain challenges, delays with the 777X, the CFM partnership with Safran, and more.

Persons: Larry Culp, Safran Organizations: GE, CFM

☆ Airplane engines are in short supply. The business of fixing older ones is booming
▼ + stars: | 2024-09-04 | by ( Leslie Josephs | ) www.cnbc.com time to read: +7 min

It's all piling up, and aircraft engine shops around the world are overflowing. American Airlines ' solution is to do more of the work itself. "We just have one customer and that's American Airlines doing our work," American's chief operating officer, David Seymour, said. GE Aerospace brought in $11.7 billion from engine maintenance, repairs and overhaul in the first half of 2024, making up 65% of its revenue. An airplane engine at American Airlines' test cell in Tulsa, Oklahoma.

Persons: David Seymour, Tulsa , Oklahoma Erin Black, It's, France's Safran, Seymour, Leslie Josephs, Thomas Toepfer, Kevin Michaels, Martin Gauss, Pratt, that's, Advisory's, Erin Black, Michaels Organizations: Boeing, Airbus, Alton Aviation Consultancy, GE Aerospace, GE, Pratt & Whitney, Royce, American Airlines, Airlines, CFM, CNBC, Tulsa International Airport, American, JetBlue Airways, Spirit Airlines Locations: TULSA, Okla, Tulsa , Oklahoma, Tulsa, American's, Riga, Latvia

This photograph shows the takeoff of the European Space Agency satellite launcher Ariane 6 rocket from its launch pad, at the Guiana Space Centre in Kourou, French Guiana, on July 9, 2024. Jody Amiet | AFP | Getty ImagesThe powerful European-built Ariane 6 rocket made its long-awaited liftoff on Tuesday as the region returned to a launch market dominated by Elon Musk's SpaceX. The rocket is a combined effort of about $4.5 billion overseen by the European Space Agency, or ESA, and built by ArianeGroup, an Airbus and Safran joint venture. Delayed debutThe European Space Agency satellite launcher Ariane 6 rocket is seen prior to its maiden launch at the Guiana Space Centre in Kourou, French Guiana, on July 9, 2024. The European Space Agency satellite launcher Ariane 6 rocket moves to the launch pad prior to its liftoff at the Guiana Space Centre in Kourou, French Guiana, on July 9, 2024.

Persons: Jody Amiet, Elon Musk's, Safran Organizations: European Space Agency, Guiana Space, AFP, Getty, Elon, Elon Musk's SpaceX, ESA, Airbus, Afp, Soyuz, SpaceX Locations: Kourou, French Guiana, Ukraine, Russia, Europe

☆ Europe’s Ariane 6 rocket succeeds in debut flight
▼ + stars: | 2024-07-09 | by ( Jackie Wattles | ) edition.cnn.com time to read: +4 min

CNN —The European Space Agency’s member countries have endured a space access predicament as they have waited to have a functioning rocket in their toolbox. Europe’s Vega-C rocket, designed for vaulting small satellites to orbit, has also been grounded since a December 2022 failure. Spectators watch the takeoff of the Ariane 6 rocket from its launchpad at the Guiana Space Center on Tuesday. The Ariane 6 rocket is seen prior to its maiden launch at the Guiana Space Center on Tuesday. Jody Amiet/AFP/Getty ImagesOn Tuesday, the rocket took off on its inaugural test flight hauling small satellites, experiments and technology demonstrations.

Persons: Safran, Europe’s Vega, Jody Amiet, Josef Aschbacher, “, ” Aschbacher, it’s Organizations: CNN, Guiana Space Center, ESA, SpaceX, Arianespace, Airbus, Getty, European Organisation Locations: Kourou, French Guiana, South, France, ArianeGroup, AFP, Elon Musk’s California, Europe, Nemo

☆ These innovative airline cabin concepts could be the future of flying
▼ + stars: | 2024-05-29 | by ( Francesca Street | ) edition.cnn.com time to read: +6 min

Welcome to the future of aviation – at least according to the 2024 Crystal Cabin Awards. Courtesy QantasCaroline Oxley, who works for the Crystal Cabin Award Association, tells CNN Travel this year’s finalists share a “more democratic approach” to improving the passenger experience. This year’s winner of the “sustainable cabin category” was Diehl Aviation for their “ECO Sidewall” – a greener take on an airplane wall. The winners of this year’s Crystal Cabin AwardsWinner Cabin Concepts: Factorydesign, Coop. Qantas Airways Ltd “The Wellbeing Zone”Winner IFEC and Digital Services: Thales Avionics “FlytEdge”Winner Sustainable Cabin: Diehl Aviation “ECO Sidewall”University winners: Tongji University, Coop.

Persons: whittling, Diehl, Qantas Caroline Oxley, Oxley, AirPRO, DesignBüro Stühmer, Scholz, intriguingly, Crystal, BermudAir, theCUBE, Dupont “ Organizations: CNN, Germany CNN, Aircraft, Diehl Aviation, Qantas, Accenture, Schroth Safety, ”, Tongji University, University of Sao, Embraer, Sao Paolo, University of Virginia Tech, Boeing, Collins Aerospace, Wheelchair, Safety, Coop, Qantas Airways Ltd, Digital Services, Thales Avionics “ FlytEdge, Aviation, Sidewall ” University Locations: Hamburg, Germany, Sydney, London, New York, Shanghai, University of Sao Paulo, Brazil, Coop

☆ The double-level airplane seat is back. This time, there’s a first-class version
▼ + stars: | 2024-05-28 | by ( Francesca Street | ) edition.cnn.com time to read: +12 min

He’s spent his twenties – all five years of them so far – perfecting his vision for economy class dual-level seating. At 6 feet 2 inches (1.88 meters), Núñez Vicente was used to cramped airplane journeys in which he struggled for legroom and struggled to sleep. He imagines the Chaise Longue seats in the middle of each cabin, flanked by regular seating on either side. Testing out the conceptHere's the lower level of the business-class/first-class version of the dual-level seat concept. Here's Núñez Vicente demonstrating what it's like to lie flat in the lower level seat.

Persons: Germany CNN —, Alejandro Núñez Vicente, He’s, he’s, Núñez Vicente, ”, “, Francesca, Steve Jobs, Núñez Vicente won’t, Clara Service Soto, – they’re, Recaro, Safran, Longue, Tapis –, Nunez Vicente, Service Soto, It’s, Francesca Street, you’re, Here's Núñez Vicente, you’d, There’s, Clara, CNN “, ” Núñez Vicente, Vicente, he’ll Organizations: CNN, Germany CNN, CNN Travel, Aircraft, CNN Travel exclusives, Service, legroom, Singapore Airlines ’, AIX, Clara Service Locations: Hamburg, Germany, ”, –, Emirates

☆ Chris Pine is 'stunned' the 'Wonder Woman' franchise is over
▼ + stars: | 2024-05-06 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +3 min

Read previewIt's been four years since the last "Wonder Woman" movie debuted in theaters, and Chris Pine still can't believe the successful franchise has ended. In the movies, Pine played American spy Steve Trevor, the love interest of Gal Gadot's Diana Prince/Wonder Woman character. In 2017's "Wonder Woman," directed by Patty Jenkins, Trevor teams up with Prince to fight with the Allies in World War I, and eventually, the two fall in love. Chris Pine and Gal Gadot in "Wonder Woman." The rest is history, as the first "Wonder Woman" movie became a sensation.

Persons: —, Chris Pine, Pine, Steve Trevor, Gal Gadot's Diana Prince, Patty Jenkins, Trevor, Prince, Jenkins, James Gunn, Peter Safran, I'm, Patty, Steve, gonzo, Gal Gadot, Rebecca Blackwell Organizations: Service, Allies, Business, Warner Bros, DC, DC Comics, Galaxy, DC Studios Locations: American, Casablanca

☆ Leonardo DiCaprio was in talks to play Lex Luthor in 'Batman v Superman,' Zack Snyder said. That would have broken his 'no superhero movies' rule.
▼ + stars: | 2024-04-18 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

Leonardo DiCaprio was in talks to star in "Batman v Superman: Dawn of Justice," director Zack Snyder said. If DiCaprio had taken the role, it would have broken his "no superhero movies" rule. AdvertisementLeonardo DiCaprio was one of the actors in talks to play Lex Luthor in "Batman v Superman: Dawn of Justice," director Zack Snyder said. He followed it up with "Batman v Superman" in 2015, which pits Batman (Ben Affleck) against Superman (Henry Cavill), while Lex Luthor (Jesse Eisenberg) pulls the strings from the shadows and experiments with Kryptonian technology. I think DiCaprio, he had a lot of great ideas actually just in the meeting.

Persons: Leonardo DiCaprio, Zack Snyder, Snyder, DiCaprio, Lex Luther, —, Lex Luthor, James Gunn, Peter Safran, They're, David Corenswet, Ben Affleck, Henry Cavill, Jesse Eisenberg, NME, Luthor, Timothée Chalamet, He's, Gilbert, Oscar, Max, Nicholas Hoult Organizations: Service, DC, Rotten, Justice League, British Vogue Locations: British, Hollywood

☆ Henry Cavill made a subtle dig at his Superman drama with WB and DC Studios: 'I don't have much luck with post-credit scenes'
▼ + stars: | 2024-04-16 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +5 min

Read previewHenry Cavill has moved past his scrapped Superman return and onto new projects, but he can still crack jokes about what could have been. In his introductory remarks before a screening of his new Guy Ritchie movie "The Ministry of Ungentlemanly Warfare" attended by Business Insider, Cavill made a subtle dig at his Man of Steel drama with DC Studios and WB. While praising his collaboration with Ritchie, Cavill noted that he'd worked with the director before, when he had a lead role in the 2015 spy film "The Man from U.N.C.L.E." I will, after all, not be returning as Superman," Cavill wrote. He also reunited with Ritchie already for the director's upcoming 2025 film "In the Grey," which will also re-team him with his "Ministry of Ungentlemanly Warfare" costar Eiza González.

Persons: —, Henry Cavill, Guy Ritchie, Cavill, Ritchie, he'd, Armie Hammer, Alicia Vikander, King Arthur :, Charlie Hunnam, who'd, King Arthur, he's, Adam, Dwayne, Johnson, Zack Snyder's, James Gunn, Peter Safran, Henry, Gunn, Safran, James, Peter, Cavill hadn't, Gus March, Phillipps, Eiza González Organizations: Service, Business, DC Studios, WB, Ungentlemanly, Hollywood, renegades, Ministry, Lionsgate

Editor’s Note: In this appeal to Congress, more than 35 artists, activists, scholars and others call for funding for Ukraine. On territory that Russia occupies, it tortures Ukrainian citizens, kidnaps Ukrainian children and murders Ukrainian leaders. By fighting Russia alone, they protect Europe. By fighting a conventional war against a nuclear power, they are making nuclear proliferation and nuclear war less likely. Together we call upon Congress to do the right thing – right now.

Persons: Read, Stringer, Abrams, José Andrés, Gabrielle Carteris, Mona Charen, Misha Collins, Rosario Dawson, Felicia Day, Doug Fears, Jonathan Safran Foer, Francis Fukuyama, Mark Hamill, Gale Anne Hurd, Dara Khosrowshahi, William Kristol, Eric Edelman, Scott Kelly, Daniel Lubetzky, Michael McFaul, Kate McKinnon, Alyssa Milano, Viggo Mortensen, Patton Oswalt, Phillips O’Brien, Brad Paisley, Sean Penn, Serhii Plokhii, Ivanna Sakhno, Eric Schmidt, Liev Schreiber, Timothy Snyder, Terrell Jermaine Starr, Barbra Streisand, Hilary Swank, Peter Wehner, Katheryn Winnick Organizations: Ukraine, CNN, Getty Locations: Russia, Russian, Crimean Tatars, Ukrainian, Kharkiv, Mariupol, Aleppo, Grozny, Europe, Donetsk, Ukraine, AFP, China, Beijing, Asia, East, Africa, United States

NEW YORK (AP) — James Patterson never seems to run out of ideas. The ultraprolific author is launching a new middle grade series, “The Time Travel Twins,” about two boys who witness key moments in U.S. history, starting with the era of the Revolutionary War. Released by Little, Brown Books for Young Readers, and co-written with Tad Safran, the series begins Sept. 9. Like all of my children’s books, the goal of ‘The Time Travel Twins’ is for a kid to finish it and say, ‘Please, give me another book,'" Patterson said in a statement Monday. Patterson's hundreds of books include children's stories, his “Maximum Ride” and “Alex Cross” thrillers, political thrillers co-written with former President Bill Clinton and a novel written with Dolly Parton about the Nashville music scene.

Persons: — James Patterson, ”, Tad Safran, “ I’ve, Patterson, Alex Cross, Bill Clinton, Dolly Parton Organizations: Travel Twins, Little, Brown, Young Readers, Associated Press Locations: Nashville

☆ DC and Marvel are reprinting coveted crossover comics
▼ + stars: | 2024-03-01 | by ( John Towfighi | ) edition.cnn.com time to read: +9 min

CNN —Comic-book store owner Jermaine Exum couldn’t believe his ears when a customer asked to reserve a copy of the upcoming 960-page “DC versus Marvel” comics collection. The "DC Versus Marvel Omnibus," to be released August 6, 2024, is a collection of various crossover comics, and just the second collaboration by DC and Marvel in two decades. From 1976 to 2003, crossovers between the DC and Marvel universes (“Superman vs. Uslan recalled similar “interplay” among the companies, citing a regular DC vs. Marvel softball match in Central Park as evidence of camaraderie. The comic "Marvel and DC Present Featuring the Uncanny X-Men and the New Teen Titans #1", will be reprinted in the upcoming collection.

Persons: Jermaine Exum couldn’t, “, ”, Lex Luthor –, ” Marvel, Exum, Michael Uslan, Carmine Infantino, Stan Lee, ” Uslan, Marvel, DC Walt Simonson, I’m, ” Simonson, Uslan, Walt Simonson, DC Ben Saunders, Denny O’Neil, George Pérez, Chris Claremont, John Romita Jr, Batman, Simonson, ” Saunders, Saunders, Federico Parra, James Gunn, Marvel’s, Peter Safran, Kevin Feige, ” Ethan Sacks, “ Jack Kirby, Steve Ditko, Jerry Siegel, Joe Shuster, Bob Kane, Bill Finger, William Moulton Marston Organizations: CNN, Marvel, DC, Warner Bros, Discovery, Disney, Hollywood, ” Comics, Teen Titans, New Teen Titans, University of Oregon, Acme Comics, “, Marvel Studios, Guardians, Galaxy, DC Studios Locations: Greensboro, North Carolina, Central, Greensboro , North Carolina, Venezuela, Caracas, AFP, Greece, Rome, Egypt

☆ 'Madame Web' is a spectacular failure — and a sign we officially have superhero fatigue
▼ + stars: | 2024-02-15 | by ( Olivia Singh | ) www.businessinsider.com time to read: +7 min

Read previewIf "Madame Web" is a predictor of the future of Sony's Spider-Man Universe, the road ahead doesn't look very promising. The reviews are in, and "Madame Web" is no critical darling, nor will it satisfy Spidey fans. 'Madame Web' suffers from a weak script and poorly defined charactersTahar Rahim as Ezekiel Sims in "Madame Web." Superhero fatigue is at an all-time high, and 'Madame Web' doesn't make a solid case for the genre(L-R) Celeste O'Connor, Dakota Johnson, Isabela Merced, and Sydney Sweeney in "Madame Web." AdvertisementAt the end of "Madame Web," Cassie says that the best thing about the future is that it hasn't happened yet.

Persons: —, SJ Clarkson, Dakota Johnson, Cassandra Webb, Cassie, Ezekiel Sims, Tahar Rahim, Beyoncé's, Martha Stewart's, Ezekiel, selfishly, He's, Ezekiel regurgitates, Celeste O'Connor, Sydney Sweeney, Adam, James Gunn, Peter Safran, Jared Leto, Riz Ahmed, Tom Hardy, Woody Harrelson, Michelle Williams, Eddie Brock, Hardy, Matt Smith's, cackled, there's, Kraven, Hunter, Aaron Taylor, Johnson, Bad Bunny, he's, Olivia Wilde Organizations: Service, Marvel Comics, Business, Sony Pictures, Sony, Marvel, DC Comics, Warner Bros, Discovery's DC Studios, Rotten Locations: New York, Peruvian, Isabela Merced

☆ 'Aquaman and the Lost Kingdom' has fourth-lowest opening in DCEU franchise history
▼ + stars: | 2023-12-24 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

The weekend performance of "Aquaman and the Lost Kingdom" is on par with Warner Bros.' DC franchise in recent years. "Aquaman and the Lost Kingdom" dog-paddled to a $28.1 million domestic opening, the fourth-lowest in the history of the DC Extended Universe. "Aquaman and the Lost Kingdom" added $80.1 million from international ticket sales Friday through Sunday, bringing its total expected global take to $120 million (including the domestic Christmas expectations for Monday). The first "Aquaman" also benefited from international ticket sales back in 2018. Fury of the Gods," "Blue Beetle," "The Flash" and "Aquaman and the Lost Kingdom" — all released after the announcement — would have no connection to future DC projects and were not must-see theatrical experiences.

Persons: Adam, Jason Momoa's, James Gunn, Peter Safran, Paul Dergarabedian Organizations: Warner Bros, DC, Warner Bros . Discovery, DC Studios Locations: Canada

☆ Europe's new Ariane 6 rocket to launch June 15-July 31, 2024
▼ + stars: | 2023-11-30 | by ( ) www.reuters.com time to read: +2 min

Christophe Ena/Pool via REUTERS/File Photo Acquire Licensing RightsPARIS, Nov 30 (Reuters) - Europe's new Ariane 6 rocket will stage an inaugural flight between June 15 and July 31 in 2024, the European Space Agency said on Thursday. The keenly awaited window for the first test flight came after a test model of the new rocket passed a key long-firing engine test in French Guiana last week. The maiden flight will carry some smaller satellites, including two from NASA, but since it is still considered a test flight, it will not carry "a major payload", ESA added. The ESA will carry out a few additional tests before the launch to make sure the design is "fault tolerant". Aschbacher said last month he hoped to be able to announce a launch window for an inaugural flight to be held in 2024, depending on the results of the engine test.

Persons: Emmanuel Macron, Christophe Ena, Josef Aschbacher, Safran, Vega, Aschbacher, Tim Hepher, Piotr Lipinski, Alex Richardson, Bernadette Baum, Christina Fincher Organizations: Ariane, Rights, European Space Agency, ESA, NASA, ArianeGroup, Airbus, U.S, SpaceX, Soyuz, Thomson Locations: Vernon, France, Guiana, Europe, Russia, Ukraine

☆ Rolls-Royce's overhaul is deceptively ambitious
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +2 min

LONDON, Nov 28 (Reuters Breakingviews) - Rolls-Royce (RR.L) boss Tufan Erginbilgic wants to push Britain's biggest aerospace company to its limit. On the face of it, Erginbilgic's targets are not overly ambitious. Analysts were already forecasting a group operating margin of 11% in 2025 on the back of an air traffic recovery, according to LSEG data, not far below Erginbilgic's goal of 13%-15%. Yet this is the same margin range of Rolls-Royce's rivals Safran (SAF.PA) and General Electric (GE.N) which make engines for short-haul flights. Rolls-Royce's engines are instead used to power so-called widebody aircraft like Airbus's A330neo, used for transatlantic flights.

Persons: Tufan Erginbilgic, Safran, Pamela Barbaglia, Julius Baer’s, Warren Buffett, Neil Unmack, Streisand Neto Organizations: Reuters, Royce, Investors, General Electric, X, Thomson

☆ Boom Supersonic says it will conduct the first test flight of its ultra-speedy 'baby boom' prototype aircraft later this year
▼ + stars: | 2023-11-26 | by ( Taylor Rains | ) www.businessinsider.com time to read: +4 min

Colorado startup Boom Supersonic is developing a faster-than-sound jet called Overture. Boom hopes to conduct its first XB-1 flight by the end of this year. The engines on Boom's XB-1 supersonic test plane. To prepare for its first XB-1 flight, Boom said its test pilots had completed hundreds of hours of flight training in a simulator and a trainer aircraft. AdvertisementA pilot sitting in the cockpit of the Boom Supersonic experimental aircraft.

Persons: —, Blake Scholl, Henry Harteveldt, Boom, Charles, Chuck, Yeager, Doc, Shoemaker Organizations: Service, Federal Aviation Administration, eventual, FAA, Business, Boom's, United Airlines, American Airlines, Electric, Pratt & Whitney, GE, Honeywell, Safran Aircraft, Royce, CFM International, Atmosphere Research, Mojave Air, Space Port Locations: Colorado

☆ Europe's new Ariane 6 rocket passes launch rehearsal -ESA
▼ + stars: | 2023-11-23 | by ( ) www.reuters.com time to read: +1 min

PARIS, Nov 23 (Reuters) - Europe's Ariane 6 launcher has passed a key rehearsal in preparation for its first flight, the European Space Agency (ESA) said on Thursday - part of efforts to bring the delayed rocket to the launchpad in 2024. Ariane 6 is being developed by ArianeGroup, a joint venture between Airbus (AIR.PA) and Safran (SAF.PA), in order to better compete with U.S. private launch provider SpaceX. Russia blocked European use of its Soyuz rockets last year in response to Western sanctions over Ukraine. "We are back on track towards re-securing Europe's autonomous access to space," ESA Director General Josef Aschbacher said in a statement late on Thursday. Reporting By Tim Hepher in Paris; editing by Jonathan Oatis and Sonali PaulOur Standards: The Thomson Reuters Trust Principles.

Persons: Safran, Vega, Josef Aschbacher, Aschbacher, Tim Hepher, Jonathan Oatis, Sonali Paul Organizations: European Space Agency, ESA, ArianeGroup, Airbus, U.S, SpaceX, Soyuz, Thomson Locations: Guiana, Europe, Russia, Ukraine, Paris

☆ France Test-Fires Long-Range Ballistic Missile in Bid to Boost Nuclear Deterrence
▼ + stars: | 2023-11-19 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

PARIS (Reuters) - France has successfully test-fired an M51.3 long-range ballistic missile, boosting the credibility of France's nuclear deterrence capabilities, the defence ministry said on Sunday. It added that maintaining operational credibility of France's nuclear weapons is required given the international environment. Following Russia's invasion of Ukraine in February 2022, President Vladimir Putin has repeatedly warned the West that he would be ready to use nuclear weapons to defend Russia. The M51.3 missile is an upgraded version of the M51, a three-stage sea-land strategic ballistic missile designed to be launched from French Navy submarines. The new M51.3 missile, which is expected to enter service around 2025, is developed by aerospace firm ArianeGroup, a joint venture between Airbus and French defence group Safran.

Persons: Vladimir Putin, Safran, Geert De Clercq, Hugh Lawson Organizations: PARIS, Russia, French Navy, Airbus Locations: France, Ukraine

☆ France test-fires long-range ballistic missile in bid to boost nuclear deterrence
▼ + stars: | 2023-11-19 | by ( ) www.reuters.com time to read: +2 min

PARIS, Nov 19 (Reuters) - France has successfully test-fired an M51.3 long-range ballistic missile, boosting the credibility of France's nuclear deterrence capabilities, the defence ministry said on Sunday. It added that maintaining operational credibility of France's nuclear weapons is required given the international environment. Following Russia's invasion of Ukraine in February 2022, President Vladimir Putin has repeatedly warned the West that he would be ready to use nuclear weapons to defend Russia. The M51.3 missile is an upgraded version of the M51, a three-stage sea-land strategic ballistic missile designed to be launched from French Navy submarines. The new M51.3 missile, which is expected to enter service around 2025, is developed by aerospace firm ArianeGroup, a joint venture between Airbus (AIR.PA) and French defence group Safran (SAF.PA).

Persons: Vladimir Putin, Safran, Geert De Clercq, Hugh Lawson Organizations: Russia, French Navy, Airbus, Ballistic, Thomson Locations: France, Ukraine

Search resuls for: "Safran"

25 mentions found