Aerospace and Defense

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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.

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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.

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.

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. | 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. | 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.

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.

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. | 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.

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. | Video

U.S. airline Skybus seeks to break mold

WASHINGTON (Reuters) - With flight attendants that earn commissions and tips, and planes emblazoned with other companies' ads, Skybus Airlines Inc is breaking the mold in the U.S. airline industry. | Video

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