Aerospace & Defense
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- Airlines
Exclusive: State attorneys general probing American, U.S. Airways merger
WASHINGTON - A group of 19 attorneys general, led by Texas, has joined a U.S. Justice Department probe of a planned merger of American Airlines Inc and US Airways Group Inc , three sources close to the discussions told Reuters.
Exclusive: State attorneys general probing American, U.S. Airways merger
WASHINGTON - A group of 19 attorneys general, led by Texas, has joined a U.S. Justice Department probe of a planned merger of American Airlines Inc and US Airways Group Inc , three sources close to the discussions told Reuters.
Lockheed Martin creates international arm in sales push
LONDON - Lockheed Martin , the Pentagon's biggest supplier by revenue, is drawing together its overseas sales efforts in a new international arm as it tries to win more contracts outside the United States.
Lufthansa revamps budget airline Germanwings to take on rivals
FRANKFURT - Lufthansa , Europe's biggest airline, launched its re-branded budget carrier Germanwings on Monday in an attempt to cut costs and win back passengers from no-frills rivals.
Stelios to vote against easyJet's 'secret' Airbus deal
LONDON - Easyjet's estranged founder Stelios Haji-Ioannou said on Monday he would vote against the budget airline's plan to buy 135 new Airbus planes because they were not needed and their real cost had been kept secret.
Helicopter lands in New York river, all five aboard safe
- A sightseeing helicopter made an emergency landing in the Hudson River in New York City on Sunday and all five people aboard were rescued unharmed, the Federal Aviation Administration said.
South Korea extends bidding on $7.3 billion fighter jet project: media
SEOUL - South Korea has extended bidding on a $7.3 billion (8.3 trillion won) fighter jet project after a second round of bidding ended on Friday with three aviation makers offering prices above the estimated cost, South Korea's news agency said.
JetBlue founder raising funds to purchase carrier, TAP: report
SAO PAULO - David Neeleman, founder of airline JetBlue Airways Corp , is putting together a $3.2 billion investment fund to buy back control of the company and purchase Portuguese airline TAP , Brazilian newspaper Folha de S.Paulo reported on Friday.
Switzerland charges man with selling bank's client data to Germany
ZURICH - Swiss prosecutors have charged a German IT expert with selling client data from private bank Julius Baer in Zurich to the German tax authorities, they said on Friday.
Russia's Aeroflot considers leaving SkyTeam alliance: source
MOSCOW - Russian state-controlled airline Aeroflot sees no benefits from its membership in the SkyTeam alliance, but a decision to leave the group is not for management to take, a source close to its board told Reuters.
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