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Reuters

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Airbus and Air France-KLM launch 50-50 A350 component-support joint venture

The companies have completed the creation of Alpha Component Solutions, which will provide component maintenance and support to A350 operators worldwide. The venture is starting operations with contracts covering more than 500, establishing a dedicated support structure for the global twinjet fleet.

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SpaceNews.com

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FCC approves Amazon Leo’s $11.5 billion acquisition of Globalstar

The Federal Communications Commission approved Amazon’s purchase of U.S. satellite operator Globalstar, clearing a key regulatory hurdle for Amazon Leo’s communications network. The deal is valued at about $11.5 billion and is intended to accelerate Amazon’s entry into direct-to-device connectivity as it builds a network to compete with SpaceX’s Starlink.

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Bloomberg

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SpaceX and Tesla boards form committees to consider a potential merger

Elon Musk said SpaceX and Tesla have created special board committees to discuss a possible combination. He said he cannot intervene in their deliberations and described the committees as comprising independent directors, though the report characterizes the boards as closely aligned with him.

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