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A criminal inquiry into alleged fraud, bribery and corruption in relation to commercial aircraft sales by Airbus has been instigated by the Serious Fraud Office.
The formal investigation comes after Airbus disclosed in April that it was in talks with the SFO over the use of third-party agents in aircr
It is worth noting that the legi
Rep. Peter Roskam, R-Ill., says the U.S.
According to the latest Current Market Outlook (CMO) produced by US manufacturing giant Boeing and as revealed in a briefing on 19 July, its experts are predicting that India will require 1,850 new aircraft to be delivered over the course of the next 20 years. Those purchases would be valued at around
In a move that threatens to cost major US airplane manufacturer Boeing $25 billion, the House of Representatives has tacked an amendment on to their latest spending bill which would ban all civilian aircraft sales to Iran under any circumstances.
Though the Congressmen pushing the bill presenting it as aimed at presentin
Record production backlogs for airliners are buoying the global aviation industry, but the mood is bound to be more sombre among business jet manufacturers attending the year’s biggest international air show this week.
Orders for corporate aircraft have been depressed for ye
Bombardier Inc has no plans to scrap its ultra-long-distance business jet, the Global 8000, and will shift resources to the project following the completion of test flights for the shorter-range Global 7000, a spokesman said on Thursday.
The Wall Street Journal on
Signs of bipartisanship in the federal government are as hard to find as Hamiltontickets. So perhaps the nation owes a debt of gratitude to U.S.
A senior official of Foreign Ministry and member of Iran’s nuclear negotiating team said Iran will not give up to anything but the full implementation of JCPOA.
The US refraining from selling airplanes to Iran, violates JCPOA and Iran will deal with the is
China's HNA Group and a firm backed by Hong Kong tycoon Li Ka-shing are among suitors advancing to a second round of bidding for CIT Group's (CIT.N) aircraft leasing assets valued at between $3 billion and $4 billion, people familiar with the situation said.
CIT's commercial air unit is one of the world's top 10 lessors