Latest Aircraft manufacturing News

Indonesians bury former president Habibie at state funeral

Sep. 12, 2019 6:25 AM EDT

JAKARTA, Indonesia (AP) — Former Indonesian President Bacharuddin Jusuf Habibie, who allowed democratic reforms and an independence referendum for East Timor following the ouster of dictator Suharto, was buried on Thursday in a state funeral with full military honors. Thousands of mourners lined the...

Friendly fire: In trade fights, Trump targets US allies, too

Sep. 11, 2019 4:20 PM EDT

WASHINGTON (AP) — President Donald Trump has risked turmoil in the financial markets and damage to the U.S. economy in waging his trade war with China, America's top strategic rival. But Trump hasn't exactly gone easy on America's friends, either. From Europe to Japan, the president has stirred up...

Russian, Italian accused of trying to steal GE trade secrets

Sep. 5, 2019 5:52 PM EDT

WASHINGTON (AP) — Two men from Italy and Russia have been charged with trying to steal trade secrets from an American aviation company, U.S. prosecutors said Thursday. The Justice Department unsealed a criminal complaint Thursday accusing the two of plotting to steal intellectual property, including...

French judges drop case against Air France for 2009 crash

Sep. 5, 2019 12:03 PM EDT

PARIS (AP) — French judges dropped a decade-long investigation into Air France and planemaker Airbus over the 2009 crash of a flight from Rio de Janeiro to Paris, which killed all 228 people aboard and led to new aircraft safety regulations. The decision infuriated victims' groups in France and Brazil that...

United removes Boeing Max from schedule until mid-December

Aug. 30, 2019 6:33 PM EDT

United Airlines is again delaying the expected return date for its grounded Boeing 737 Max jets. The airline said Friday that it has removed the Max from its schedule until Dec. 19, six weeks longer than previously planned. United owns 14 Max jets, which have been grounded since March after the second of two...

Russian firm sues Boeing over Max jet, says defects hidden

Aug. 27, 2019 5:06 PM EDT

MOSCOW (AP) — A Russian aircraft leasing company that ordered 35 Boeing Max jets is suing the U.S. aircraft maker and seeking to cancel the deal, accusing Boeing of hiding defects in the plane that was grounded after two deadly crashes. The Miami-based lawyer for the leasing company said Tuesday it is the...

Turkey's Erdogan visits Russian air show as Putin's guest

Aug. 27, 2019 12:40 PM EDT

MOSCOW (AP) — In a show of burgeoning security ties between Russia and Turkey, Turkish President Recep Tayyip Erdogan attended the opening of an annual Russian air show as a guest of President Vladimir Putin on Tuesday and expressed interest in purchasing the latest Russian fighter jets. NATO member Turkey...

Salesforce, Intuit rise while Hasbro, Foot Locker stumble

Aug. 23, 2019 4:28 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday: Salesforce.com Inc., up $3.33 to $151.57 The customer-management software developer blew past Wall Street's second quarter profit expectations and raised its revenue forecast for the year. Intuit Inc., up $3.03 to $278.74 The...

Atlanta-based company execs survived California plane crash

Aug. 22, 2019 6:28 PM EDT

SAN FRANCISCO (AP) — Eight executives of an Atlanta-based package company were among the 10 people who escaped when a plane burst into flames at a small Northern California airport, a company spokeswoman said Thursday. The twin-engine Cessna Citation jet aborted its takeoff, went off the runway and burst...

US stock indexes end mixed ahead of Fed chairman speech

Aug. 22, 2019 5:14 PM EDT

A wobbly day on Wall Street left stock indexes mostly lower Thursday as investors turned cautious ahead of a widely anticipated speech by the Federal Reserve chairman. Losses by health care, technology and energy companies, among other sectors, outweighed gains by banks, consumer goods makers and elsewhere in the...