BAE Systems Sells Aircraft Leasing Arm

BAE Systems on Thursday announced the sale of its BAE Asset Management regional aircraft leasing company for $187 million to Fortress Investment Group.
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Singapore Airlines to Pay U.S. Government $48 Million Fine for Cargo Price Fixing

Singapore Airlines Cargo on Thursday pleaded guilty and agreed to pay a $48 million criminal fine for its role in a conspiracy to fix prices in the air transportation industry, the U.S. Justice Department said.
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Russia’s Second Plane Crash in Two Days Kills 11

At least 11 people died when an Avis Amur Antonov An-12 cargo plane crashed in Russia's Far East on Tuesday, officials said.
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Qantas Resumes Flights After Court Orders End to Shutdown

Australian airline Qantas on Monday resumed all its domestic and international flights after a court ordered an immediate end to all industrial action which left tens of thousands of people stranded.
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The first Japan Airlines Boeing 787 Dreamliner. (Photo by Dan King)

Photos: Japan Airlines Flies Home With First Two Boeing 787 Dreamliners

Japan Airlines flew home from the Boeing factory in Everett, Wash. on Monday with not one, but two Boeing 787 Dreamliners, the first of 45 copies ordered by the Tokyo-based airline.
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