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BAE Systems and Dassault Form Joint Venture to Build Drones
BAE Systems, along with Dassault Aviation, on Wednesday announced a joint program to develop a next generation unmanned aircraft system called Telemos.
Indonesian Low-Cost Carrier Mandala Airlines Ceases Operations
Indonesia's low-cost Mandala Airlines has announced that it will cease operations Thursday to initiate "business restructuring."
Merger Mania!
Skyrocketing fuel costs will likely lead to several airline mergers this year. Unfortunately for fliers and shareholders, the history of airline mergers contains few positive notes.
Northwest 757s Flew 17 Years Without Proper Inspections: FAA
The FAA has proposed a fine of almost $1.5 million against Northwest Airlines after if failed to inspect wiring near cockpit windows on some of its aircraft for 17 years.
Swiss Airline Hello Grounds All Flights After Running Out of Cash
Swiss tourist carrier Hello Airlines grounded its entire fleet effective Sunday night.