French regulator Commission des Participations et des Transferts (CPT) has given its approval for the proposed merger between aerospace manufacturer Snecma and high technology manufacturer Sagem. Sagem expects to complete its public offer for Snecma's shares by 7 March, with the merger to be completed by May. The French government, which owns a 62.2% stake in Snecma, will hold a 35.9% share in the newly formed group after the deal is concluded.
Source: Flight International
US regulator the Federal Aviation Administration (FAA) will take no immediate action to address a smoke-related issue involving the CFM International Leap-1B engines that power the Boeing 737 Max.
The engine-maker says the successful demonstration involved a GE Aerospace CT7 turboshaft engine combined with internally-produced electric machine and power electronics.
GE Aerospace in 2025 plans to use two of the world’s fastest computers, both at US-government-funded research facilities, to study how its open-fan engine concept will integrate with an aircraft’s wings and other structures.
