Aerospace & Defense
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- Airlines
Airbus drops behind Boeing in first-quarter jet orders
PARIS - Airbus dropped behind U.S. rival Boeing in the race for new airplane deals in the first quarter after a pair of wide-body order cancellations, while Boeing finalized a major Canadian sale, company data showed on Friday.
European Commission examines Etihad's holding in Air Berlin
FRANKFURT/ATHENS - Air Berlin has denied being controlled by Abu Dhabi-based Etihad Airways after the European Commission said it was examining Etihad's investment in the German airline, to see if it complies with rules for operating an airline within Europe.
Pilots' strike to cost Lufthansa 35-75 million euros
FRANKFURT - Lufthansa said the three-day walkout by pilots that has effectively grounded Germany's largest airline would cost it in the region of 35-75 million euros, although it would take a few more days to calculate the final amount.
Hunt for Malaysian plane heads underwater to find black box
PERTH - The search for missing Malaysia Airlines Flight MH370 in remote seas off Australia headed underwater on Friday, with a U.S. Navy high tech "black box" locator deployed for the first time as the battery life of the cockpit data recorder dwindles.
South Korea extending ballistic missile range to counter North's threat
SEOUL - South Korea has test-fired a new ballistic missile with a range of 500 km (310 miles) and will try to extend the range to 800 km so it can strike any site in North Korea, its defense ministry said on Friday, days after Pyongyang fired a mid-range missile.
Delta says may buy up to 50 wide-body jets to update fleet
WASHINGTON - Delta Air Lines is looking at buying as many as 50 wide-body jets, the airline said on Thursday, opening a contest between Airbus and Boeing Co for business worth well over $10 billion at list prices.
Exclusive: Boeing explores purchase of Mercury Systems - sources
NEW YORK - Boeing Inc is considering buying Mercury Systems Inc , a supplier of digital signal and image processing systems to the aerospace and defense industry, according to two people familiar with the matter.
Boeing exec warns of risks if U.S. Export-Import bank scrapped
WASHINGTON - A top Boeing Co official on Thursday said a fresh drive by some lawmakers and interest groups to scrap the Export-Import Bank of the United States would put the nation at a competitive disadvantage and risk thousands of U.S. jobs.
Europe safety agency urges airlines to avoid Crimean airspace
BERLIN - Europe's aviation safety authority warned on Thursday of "serious risks" for international airlines flying over Crimea because there may be two services managing airspace there after the region's annexation by Russia.
American Airlines says US Airways to join trans-Atlantic venture
- American Airlines Group said on Thursday that US Airways will join its venture with British Airways , Iberia and Finnair that operates flights between the United States and Europe.
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