Bloomberg
• David Carnevali, Leen Al-Rashdan
Two US private equity firms are reportedly moving beyond their comfort zone to pursue EasyJet Plc, highlighting how even traditionally volatile, low-margin airline businesses can attract financial suitors. The transaction contest underscores intensifying M&A focus on European short-haul carriers.
Runway Girl
• Becca Alkema
By Runway Girl: Airbus and MTU Aero Engines will establish a joint venture dedicated to the development of a fully electric hydrogen fuel cell engine.
Bloomberg
• Jack Farchy, Will Kubzansky, Yongchang Chin
By Bloomberg: Prices for gasoline, diesel and jet fuel are rebounding even as crude oil eases, a rare divergence that’s swelling costs for peak-season travelers and threatening to undermine President Donald Trump’s pledge to quash inflation ahead of midterm elections.
New York Times
• Ishani Desai
By New York Times: The crash occurred as the country celebrated its independence from Britain.
Paddle Your Own Kanoo
• Mateusz Maszczynski
By Paddle Your Own Kanoo: A passenger on a Ryanair flight from the Greek holiday resort of Thessaloniki was reportedly partially sucked out of the plane’s window when it suffered an explosive decompression on Friday morning.
Bloomberg
• Diakaridia Dembele, Katarina Hoije
By Bloomberg: Mali and Algeria agreed to reopen their airspace to civilian and military aircraft and return ambassadors to their posts, signaling an easing of yearlong tensions between the northern African nations.
Bloomberg
• Sri Taylor
By Bloomberg: Delta Air Lines Inc. reaffirmed its full-year profit guidance and said strong demand for premium, corporate and international travel helped offset the highest quarterly fuel expense in its history.
The Air Current
• Elan Head
By The Air Current: Data-driven reporting and analysis on the strategy and technology of flying.
Air Data News
• Ricardo Meier
Bloomberg
• Alicia A. Caldwell, Siddharth Philip
