United Airlines (NYSE: UAL) CEO Scott Kirby was quick to point out in recent conversations that the airline will not bid for Spirit Airlines’ assets, which Kirby anticipates coming up for sale as the airline slowly begins to exit markets. Spirit Airlines (NYSE: SAVE), despite its extensive financial difficulties, continues to own numerous aircraft, landing slots, and route rights, all of which could soon come up for sale. Purchasing Spirit aircraft would require United Airlines to reconfigure the jets and slots, and Kirby believes that these assets do not fit well into United’s dynamic network.
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Engine Giant CFM International: The Most Successful Aviation Joint Venture Ever?
- Guest authors
- January 10, 2025
- 0
This video will take a look at the roots of the longstanding CFM partnership, and how these engines have gone to power many of the world’s commercial aircraft…CFM International, a Franco-American engine manufacturer, was launched as a joint venture between two of the world’s largest engine makers: General Electric (GE) Aerospace, and Safran Aircraft Engines. Founded in 1974, the manufacturer has continued to build turbofan engines for fifty years and remains the world’s largest commercial aircraft engine builder worldwide, making around 40% of the world’s engines in 2020.