Aerospace & Defence
How a long-simmering US ‘quagmire’ shattered GKN
British engineering group forced to abandon anointed CEO despite years of complaints
France open to helping UK marines if landing fleet scrapped
French navy ready to support Britain’s rapid response unit
Korean prosecutors raid conglomerate in US army bribery probe
SK alleged to have paid American officer $3m to win infrastructure contract for new base
Airbus technology chief quits after two years
Paul Eremenko’s radical approach to R&D had caused upset among engineers
Airbus CTO tasked with ‘creative destruction’ quits after 2 years
Airbus, Rolls-Royce and Siemens to develop hybrid plane
Collaboration aims to have a part-electric test aircraft in the air by 2020
Airbus poaches Rolls-Royce executive to head sales
Eric Schultz will replace retiring lead salesman John Leahy
Toray joins growing list of scandal-hit Japanese companies
Global carbon-fibre leader is latest to admit to falsifying quality-related data
Airbus taps Rolls-Royce executive to replace head commercial salesman
Corporate Aviation
The proportion of the global business jet fleet up for sale has fallen to levels not seen since before the worldwide financial crisis. Yet, while the sector is keen to view this as a sign of the good times returning, market messages are mixed
Lower prices tempt buyers into private jet market
Ratio of second-hand business aircraft for sale falls to pre-financial crisis level
Source: https://www.ft.com/stream/897a4a32-9526-312f-ba62-fb499a69dbcb
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