Latest Aircraft manufacturing News

Asian shares mixed in lackluster trading, Nikkei falls 0.6%

Jul. 16, 2019 12:00 AM EDT

TOKYO (AP) — Asian shares were little changed and mixed in quiet trading Tuesday amid a lack of fresh market-moving news as investors looked ahead to earnings season. Japan's benchmark Nikkei 225 lost 0.6% in early trading to 21,549.68. Australia's S&P/ASX 200 edged 0.1% higher to 6,657.20. South...

Stocks edge lower as bank losses offset technology gains

Jul. 15, 2019 10:22 AM EDT

NEW YORK (AP) — Stocks edged lower in early trading Monday on Wall Street as a decline in banks offset solid gains in technology companies. The losses follow record high finishes for every major stock index last week. The S&P 500 index also pushed above 3,000 for the first time. Citi led banks lower,...

Inside Epstein network, layer upon layer to protect the boss

Jul. 14, 2019 8:18 PM EDT

NEW YORK (AP) — A few cells away from drug lord Joaquin "El Chapo" Guzman at a New York City jail, jet-setting financier Jeffrey Epstein sits accused of running a different kind of criminal network. There was the team of recruiters and enablers bringing Epstein dozens of underage girls to sexually abuse,...

US deciding how to punish ally Turkey over Russian arms deal

Jul. 12, 2019 5:18 PM EDT

WASHINGTON (AP) — The U.S. edged closer to crisis Friday with NATO ally Turkey, which began receiving components of a Russian-made air defense system in defiance of Trump administration warnings that the deal would mean economic sanctions and no access to America's most advanced fighter jet. Despite the...

Swiss prosecutor probes plane maker over Saudi, UAE business

Jul. 12, 2019 1:46 PM EDT

GENEVA (AP) — Switzerland's federal prosecutor says it has opened a criminal investigation in connection with a Swiss airplane maker's sale of training aircraft to Saudi Arabia and the United Arab Emirates, whose militaries are involved in the war in Yemen. The prosecutor's office did not specify any...

Despite US warnings, Russian S-400 systems land in Turkey

Jul. 12, 2019 12:19 PM EDT

ANKARA, Turkey (AP) — The first shipment of a Russian missile defense system has arrived in Turkey, the Turkish Defense Ministry said Friday, moving the country closer to possible U.S. sanctions and a new standoff with Washington. A Defense Ministry statement said "the first group of equipment" of the...

Bulgaria's government to buy 8 new F-16s from US

Jul. 10, 2019 11:39 AM EDT

SOFIA, Bulgaria (AP) — Bulgaria's government gave the go-ahead Wednesday for the purchase of eight new F-16 fighters in a bid to replace its aging Soviet-built jets and bring its air force in line with NATO standards. The decision for the biggest military purchase in post-Communist Bulgaria still needs...

Airbus takes lead over Boeing in 2019 aircraft deliveries

Jul. 9, 2019 7:31 PM EDT

CHICAGO (AP) — Deliveries of Boeing airliners tumbled 37% in the first half of 2019 as the company struggled to fix its best-selling plane after two deadly crashes, and Europe's Airbus surged far ahead in the competition between the world's leading aircraft manufacturers Airbus said Tuesday that it...

Saudi carrier cancels troubled Boeing 737 order for Airbus

Jul. 8, 2019 2:05 PM EDT

DUBAI, United Arab Emirates (AP) — Boeing's campaign to restore the reputation of its best-selling plane after two deadly crashes suffered a blow with a Saudi airline canceling an order worth up to $5.9 billion in favor of a European rival of the U.S. manufacturer. Flyadeal, the budget airline arm of Saudi...

Investigators scour scene of Bahamas chopper crash for clues

Jul. 6, 2019 6:14 PM EDT

Accident investigators in the Bahamas are going well below the surface of the water to try to figure out what went wrong in the moments before a helicopter crashed after takeoff and killed seven people, including West Virginia coal magnate Chris Cline. The Air Accident Investigation Department of the Bahamas said...