Brazil's Embraer on Monday announced it had signed an agreement to sell up to 125 aircraft with a total value of $1 billion to NetJets, the fractional jet ownership company owned by Warren Buffet's Berkshire Hathaway.
Colgan Air has been assessed $1,892,000 in penalties by the Federal Aviation Administration for operating flights staffed by flight attendants who were not properly trained in the operation of the planes' cabin fire extinguishe...