Taiwan-based China Airlines agreed to plead guilty and to pay a $40 million criminal fine for its role in a conspiracy to fix prices in the air transportation industry, the U.S. Department of Justice announced on Monday.
The F-35 Joint Strike Fighter is slated to replace nearly all of the other tactical jets in the Air Force, Navy and Marine Corps. But getting there is going to be slow and expensive, as a new government report details.
Ash clouds coming from an active volcano in Russia's far east has forced authorities there to reroute a number of international flights, officials said on Tuesday. No flights have so far been canceled.
The 2014 edition of the Farnborough International Airshow was kicked off on Monday morning with announcements from airframe and engine manufacturers large and small.