Aug 8, 2016

Japan-Australia Jetstar flight diverts to Guam

A Jetstar flight from Tokyo to Australia’s Gold Coast was diverted to Guam and an engine was shut down Sunday after a warning light came on. The twin-engine Boeing 787 Dreamliner flight from Narita International Airport made the unscheduled landing after an oil pressure ...

Boeing nears $25 billion deal to sell jetliners to Iran Air

Jun 22, 2016

Boeing nears $25 billion deal to sell jetliners to Iran Air

U.S. aerospace giant Boeing and Iran Air confirmed Tuesday a tentative deal for the sale of passenger planes, in what could prove a landmark for easing in the difficult U.S.-Iran relationship. The deal, valued as much as $25 billion, would be the largest between ...

AirAsia gets $1 billion offer for its leasing company

May 30, 2016

AirAsia gets $1 billion offer for its leasing company

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AirAsia Bhd., the region’s biggest discount carrier, received an offer valued at about $1 billion to buy its aircraft-leasing company amid a surge in business in the continent. The company’s share prices rose to the highest level in more than a year. The airline ...

Apr 28, 2016

SpaceX breaks Boeing-Lockheed monopoly on military space launches

The U.S. Air Force on Wednesday awarded billionaire Elon Musk’s SpaceX an $83 million contract to launch a GPS satellite, breaking the monopoly Lockheed Martin Corp. and Boeing Co. have held on military space launches for more than a decade. The Global Positioning System ...

U.S. orders 'urgent' engine fix for Boeing 787 Dreamliners

Apr 24, 2016

U.S. orders 'urgent' engine fix for Boeing 787 Dreamliners

U.S. officials have ordered Boeing to fix engines on some of its 787 Dreamliner airplanes to avoid sudden failure in icy conditions, calling the problem an “urgent safety issue.” Friday’s Federal Aviation Administration directive concerns a potential problem in General Electric’s most advanced engines ...