Boeing has agreed to purchase 80% of Embraer’s commercial aircraft division.
The transaction, which values Boeing’s share at $3.8 billion, would be undertaken through the formation of a joint venture.
The move would give Boeing a leading position in the regional jet market of 70- to 90-seat aircraft, a segment in which it does not currently compete. It also would boost Boeing’s position to compete in the small mainline jet market with the newly formed partnership between Airbus and Bombardier’s C-Series of 100- to 150-seat aircraft.
UNESCO has added 19 new sites and extended another to its coveted World Heritage list this summer.
The United Nations cultural agency’s World Heritage Committee recently met in Bahrain to agree on which landmarks should be given legal protection under international treaties.
In addition to Mexico’s Tehuacan-Cuicatlan Valley, newcomers include Germany’s Naumburg Cathedral, Fanjingshan, China and Turkey’s Gobekli Tepe, also known as Potbelly Hill. The latter recently reopened to visitors following construction on its roof, according to ABC News.
If you’re looking to avoid the big crowds at the airport, you might delay traveling until — get this — Thanksgiving or Christmas. Contrary to popular belief, airlines carry thousands more people on some days in June, July and August than around the end-of-year holidays.
American Airlines Group Inc. expects to fly 692,300 people on July 8, making it the busiest day this summer. It will operate 6,892 flights on July 13 and again on July 20, the most so far this year. The carrier’s most-crowded day last summer was June 30, when it flew 698,300 people. By contrast, American’s biggest day in November involved 677,317 passengers, and its heaviest day in December, 682,390.
This week, some passengers traveling through the international airport in Sydney, Australia will be the first guinea pigs in a program that intends to replace the passport with facial scans. The check-in process may surely become less of a headache, but at what price?
Select passengers flying with Qantas Airways will have the chance to pass through check-in, baggage drop, lounge access, and boarding without needing to show their passport. That’s assuming the system works properly, at least. Australia has dedicated $94 million over five years for its Seamless Triper system and the program is still far from being ready to handle the 43 million travelers who pass through the Sydney Airport each year.