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General Dynamics Corp.’s GD subsidiary, Electric Boat, recently clinched a modification contract worth $696.2 million for supplying long lead time materials for the construction of fiscal 2019 and fiscal 2020 Virginia-class submarines. Details of the…
Two years ago, Alaska Air (NYSE: ALK) offered a big premium to acquire Virgin America in order to gain a platform for growth in California. Within three months of the acquisition closing, the carrier had announced a massive…
A charter flight between George Bush Intercontinental Airport (IAH) and the continent of Africa reportedly will end this month. Known as the “Houston Express,” the 7,700-mile flight is operated by Atlas Air Worldwide Holdings (Nasdaq:…
IndiGo, India’s biggest airline, plans to order as many as 50 Airbus A330 wide-body jets as it seeks to expand beyond short-haul flights, people with knowledge of the matter said. The carrier aims to take…
HYDERABAD (Reuters) - Indian airlines Jet Airways, SpiceJet Ltd and AirAsia India are planning to add new jets to their fleets as they look to expand in the world's fastest-growing aviation market, the carriers said…
Last fall, Boeing (NYSE: BA) seemed to be seriously considering restarting production of the 767-300ER medium-range widebody. While the 767's technology is nearly half a century old, it's a proven model with low production costs and no direct…
PARIS (Reuters) - Imminent airline decisions on $10 billion of wide-body plane orders could influence the fate of Airbus' (AIR.PA) A330neo even before the recently upgraded jet completes flight trials, industry sources said. American Airlines…
Clear skies and Australia’s rugged outback have greeted the arrival of Qantas’s fourth Boeing 787-9, which features a special indigenous livery inspired by the work of artist Emily Kame Kngwarreye. The aircraft, VH-ZND, departed Boeing’s…
Tesla Inc.’s proposal to give Chief Executive Elon Musk an estimated $2.6 billion payday stretched out over a decade would be too costly and too dilutive to shareholders, said one of the two largest independent…
Indian carrier SpiceJet is looking to add commuter routes to the more remote parts of the country. The ability to provide these essential air services are hampered by the lack of infrastructure and existing airfields available. The airline…
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