Russian President Dmitry Medvedev on Friday announced that the government will spend over $177 billion (over 3 trillion rubles) on aviation within the next ten years.
A Massachusetts man was arrested and charged Wednesday with plotting to launch airborne bomb attacks on the Pentagon and U.S. Capitol Building in Washington, D.C.
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.