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Elon Musk Isnt Joking About Sending a Tesla to Mars

Elon Musk fully intends to put a red sports car made by a company that he runs into an enormous rocket ship made by another company that he runs and fire both into Mars orbit. The car, as it hurtles into space, will be playing a song by David Bowie on repeat. It goes without saying that the song will be “cryptic message on Twitter over the weekend. A person familiar with the launch plan at SpaceX Inc. confirmed that it is real. Payload will be my midnight cherry Tesla Roadster playing Space Oddity. Destination is Mars…

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Qatar Airways Buys Cathay Pacific Stake for $662 Million

Cathay Pacific Airways Ltd., a deal that would help it gain a foothold in the world’s second-biggest aviation market. The Middle Eastern carrier will buy 9.6 percent of Cathay from Hong Kong-based Kingboard Chemical Holdings Ltd. and related companies for HK$5.16 billion ($662 million), according to a filing to the city’s stock exchange Monday. Chief Executive Officer Akbar Al Baker, confirming the deal, said the investment "further supports Qatar Airways investment strategy.” Shares of Cathay fell as much as 4.9 percent to HK$12.56 on Monday, the biggest intraday drop in…

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Airbus to Buy Majority Stake in Bombardier C Series Jet Program

Bombardier Inc.’s C Series jetliner program, breathing new life into a slow-selling plane and opening a new front in the battle with United Technologies Corp. After the transaction, which is expected to be completed in the second half of next year, the Canadian planemaker will own about 31 percent of the C Series partnership. The province of Quebec, which invested $1 billion in the C Series after the cost overruns and delays, will hold approximately 19 percent. A Canadian government official said the deal is expected to be approved after…

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Private-Jet Glut Spurs Insane Bargains for Aspiring Buyers

Corporate-jet makers are flooding the market, spurring deep discounts for new aircraft and fueling a three-year slide in prices of used planes. Most major manufacturers, including Gulfstream and Bombardier Inc. — which is also contending with rising hurdles in its commercial-jet business — have slowed production in the last couple years as demand for private jets sagged. That still hasn’t been enough to halt declines in aircraft values, say consultants, brokers and analysts in the $18 billion industry. Gone is the optimism stoked by the election of President Donald Trump, a…

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Social airline concepts make flying more fun

(CNN)Flying is about to get a lot more fun. The latest design concepts feature customizable group-seating pods, sleek lounge bars and, soon enough, co-working spaces — all at 35,000 feet. These changes come with a trend toward experiential travel, in which “authenticity and personalized experiences” are key components of a fulfilling journey, according to a 2016 US Experiential Traveler Survey by travel industry intelligence platform Skift.

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