AirAsia gets $1 billion offer for its leasing company

May 30, 2016

AirAsia gets $1 billion offer for its leasing company


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 ...

Mar 5, 2016

Boeing's new plane bathrooms sterilize themselves in just three seconds

Boeing engineers think they have a solution for smelly, grimy airplane bathrooms: ultraviolet light. The aircraft manufacturer has filed a patent for a self-cleaning lavatory that disinfects all surfaces in just three seconds. Many passengers would welcome more sanitary airplane bathrooms, but they may ...

Jan 4, 2016

ANA may buy Airbus superjumbos for Japan-Hawaii routes

The operator of All Nippon Airways is considering purchasing three A380 superjumbo jet planes from Airbus SAS, according to informed sources. ANA Holdings Inc. would likely use the aircraft on routes connecting Japan and Honolulu, the sources said Monday. It hopes to include the ...