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Reuters

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Safran’s Q3 revenue rises 14.7% to €9 billion as LEAP and aftermarket growth support 2026 outlook

Safran reported adjusted third-quarter 2026 revenue of €9.003 billion, up 14.7% year over year, with civil engine aftermarket activity up 18.7%. CEO Olivier Andriès said the company is investing to support Airbus’ Rate 75 and Boeing’s 737 Rate 63; Safran also confirmed its full-year outlook and launched the sale of its cabin business.

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Korean Air plans Busan base for integrated low-cost carrier

Korean Air is planning to establish a Busan base for the low-cost carrier formed by integrating Jin Air with its other LCC subsidiaries, according to a document obtained by South Korean lawmakers and reported by The Financial News. The proposal would give the combined airline a second hub alongside its existing operations.

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Bloomberg

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Musk’s proposed SpaceX-Tesla merger faces shareholder, China and political hurdles

Elon Musk has publicly endorsed combining SpaceX and Tesla in a deal reportedly valued at $3.5 trillion, unsettling some people involved in discussions who fear added shareholder scrutiny could delay talks. The proposal also raises questions about Tesla’s China operations, national-security review and the political implications of joining the companies.

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Musk reportedly aims to announce Tesla-SpaceX deal by first half of 2027

People familiar with the matter say there is a push to announce a deal between Musk’s Tesla and SpaceX by the first half of 2027, with a potential closing during President Donald Trump’s administration. The reported timetable comes as market volatility threatens the exuberance supporting Musk’s business empire.

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