The World Trade Organization on Thursday announced that plane manufacturer Boeing received at least $5.3 billion in illegal U.S. subsidies, following a complaint by the European Union
Korean Air has announced an order for five new Airbus A330-200s along with two additional Boeing 777-300ERs, with a total value of $1.58 billion at list prices.
Engineers from Boeing, American Airlines and the FAA are closely examining structural cracks recently found on the engine pylons of three 767 airliners.