Aerospace And Defense

Alitalia [CAITLA.UL] said on Friday it was being charged higher fees by airports in Italy than its foreign competitors, and the practice was hampering its recovery as the sector emerges from the coronavirus crisis.

Lufthansa could let its Belgian subsidiary Brussels Airlines go bankrupt or sell it, La Libre newspaper reported on Friday, citing anonymous sources at the airline.

North Korea has been ramping up tensions with South Korea in recent weeks, but the campaign seems aimed at making a renewed push for sanctions relief by recapturing the attention of a U.S. administration that is distracted by domestic issues.

China's air force approached Taiwan on Friday for the fourth time in four days, Taiwan's military said, as China steps up manoeuvres near the island that Beijing claims as its own territory.

Russia scrambled fighter jets to intercept two U.S. B-52 bombers flying over the Sea of Okhotsk, off Russia's far eastern coast, the Interfax news agency cited the Defence Ministry in Moscow as saying on Friday.

Australia's competition regulator will monitor domestic airfares and profits for three years, increasing scrutiny as the industry begins a slow recovery from the coronavirus pandemic and Virgin Australia Holdings Ltd seeks a buyer.

Textron Inc said on Thursday it would suspend the production of flight simulators at its plant in Montreal, Canada, and cut up to 1,950 jobs across several business units as the coronavirus crisis hurts demand for air travel.

Bombardier's chief executive said on Thursday the Canadian company has held "well-advanced" talks with Alstom over remedies as it pursues regulatory approval for the sale of its rail division to the French giant.

Iran said on Thursday its navy had successfully fired a new locally made cruise missile during war games in the northern Indian Ocean and near the entrance to the Gulf.