China is expected to become the world's number two plane market as it will require 4,330 new commercial airplanes valued at $480 billion over the 20 years, Boeing projected on Tuesday.
WestJet on Thursday announced July 2010 traffic results with a load factor of 80.7 per cent, up 4.3 points year over year and a 130 percent jump in Q2 net earnings.
BAE Systems on Thursday announced the sale of its BAE Asset Management regional aircraft leasing company for $187 million to Fortress Investment Group.