Industry Summits
Calls for U.S. airline consolidation get louder
WASHINGTON (Reuters) - Pressure on U.S. airlines to merge is mounting as soaring fuel costs and weakening domestic travel demand threaten to destabilize freshly restructured carriers, top airline executives said this week. Full Article
U.S. fighter bids for India hit tech-transfer snag
WASHINGTON (Reuters) - A split in the Pentagon over how much cutting-edge technology to share with India is complicating bids by Lockheed Martin Corp and Boeing Co for a potential $10 billion fighter jet contract. Full Article
Delta comfortable as independent
WASHINGTON (Reuters) - Delta Air Lines Inc , which has been a vocal proponent of airline mergers in recent months, is confident it can still be profitable if it remains independent, its chief financial officer said on Thursday. Full Article
Southwest sees higher fares, mergers
WASHINGTON (Reuters) - Southwest Airlines Co , the leading U.S. low-cost carrier, expects soaring fuel costs to lead to higher fares and possibly push rivals into mergers, its chief executive said on Wednesday. Full Article | Video
Delta could spark mergers: US Air CEO
WASHINGTON (Reuters) - Delta Air Lines could trigger a much-needed wave of airline consolidation, the chief executive of rival US Airways Group said on Wednesday. Full Article | Video
UTC exec says new single-aisle engine close
WASHINGTON (Reuters) - Pratt & Whitney's new fuel-efficient jet engine could power the next generation of narrow-body planes in as little as four years from now, the operating head of parent United Technologies Corp said on Wednesday. Full Article
Top F-35 makers downgraded in review
WASHINGTON (Reuters) - Top suppliers to the Pentagon's F-35 Joint Strike Fighter program received lower grades in their most recent performance review, the general running the program said on Wednesday. Full Article
Shore-hugging ships still high priority
WASHINGTON (Reuters) - A plan to build a new class of 55 shore-hugging ships remains a high priority, U.S. Navy Secretary Donald Winter said on Wednesday, despite cost overruns that prompted him to cancel two ships this year. Full Article | Video
F-35 engine blade fixed: United Technologies
WASHINGTON (Reuters) - United Technologies Corp said on Wednesday it had fixed a blade failure in its engine powering the first Lockheed Martin Corp F-35 fighters. Full Article
EADS frets on dollar, analyst cries foul
WASHINGTON (Reuters) - The head of EADS' North American unit joined on Monday the chorus of complaints from the European defense contractor that the weak U.S. dollar is contributing to the company's financial woes. Full Article | Video
More Aerospace and Defense News
What are Summits?
Reuters Summits are your direct link to top business leaders, investors and regulators. Our journalists interview heavyweights in a particular industry, spin out hard-hitting breaking news and sharp analysis that can often move markets. If you want to understand what the insiders are thinking, look for Reuters Summits. Launch Full Video
Speakers
GM posts loss, vows to repay U.S. debt early
DETROIT (Reuters) - General Motors Co posted a third-quarter operating loss on Monday but said stabilizing sales and lower costs since its July bankruptcy would allow it to begin paying down $6.7 billion in U.S. government debt ahead of schedule. Full Article

