With several countries suspending cargo flights from Yemen, Germany on Monday extended the ban to passenger flights after two explosive devices were found aboard a U.S.-bound cargo plane in England and a FedEx facility in Dubai.
All Nippon Airways has agreed to plead guilty and will pay a $73 million criminal fine for its role in two separate conspiracies to fix prices in the air transportation industry, the U.S. Justice department said on Monday.
World air cargo traffic will expand at a 5.9 percent annual rate over the next two decades, with worldwide air freight traffic expected to triple through 2029, Boeing projected on Tuesday.
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.
Since entering service in the 1960s, the Lockheed P-3 Orion has proven itself to be the US Navy's workhorse anti-submarine and maritime surveillance aircraft. NYCAviation's David Lilienthal recently got a rare peek inside a P-3...