airplanes

Boeing Co. (BA) said on Wednesday that its 2011 profit will be hurt by delays to its new 787 and higher pension expenses. The airplane builder and defense company also said its fourth-quarter profit fell 8 percent to $1.16 billion. Revenue dropped 8 percent to $16.55 billion. Boeing shares fell...

Thousands of stuck holiday travelers are just the beginning: Airlines' new policy of pre-emptively canceling flights to avoid snowstorms is lowering their losses, but will likely leave many more passengers without a flight home in the future.

Australian investigators suspect a manufacturing defect in a Rolls-Royce engine may have caused the A380 Airbus fire on a Qantas flight earlier this month. The airline says it has filed a statement of claim that could enable it to take further legal action against Rolls-Royce.

Qantas, the Australian airline with a fatality-free flying record, suffered another flight mishap Monday. The latest problem was with an Argentina-bound Boeing 747 that experienced smoke in its cockpit an hour after takeoff.

After seven missed delivery deadlines for Boeing's troublesome 787 Dreamliner, the company has run into another setback: In a test flight Tuesday, the electrical-equipment bay caught fire. Can the company turn the development nightmares into a happy ending?

The U.S. State Department says it will sell as much as $60 billion worth of military aircraft to Saudi Arabia over the next two decades in an attempt to protect the Middle East against the threat of Iranian military expansion. Boeing and United Technologies could benefit from the deal.

Russia will buy 50 new Boeing (BA) 737 Next Generation airliners in a deal worth $3.7 billion. Russian Technologies, a state-owned company that manages the government's stakes in 12 regional airlines, will buy the aircraft, The Associated Press said. The deal also gives Russian Technologies an...

Japan Airlines plans to slash its workforce and reduce the number of planes in its fleet as part of its bankruptcy restructuring. The airline aims to eliminate more than 16,000 positions, BBC News reported. Some of these reductions will come through early retirement and the sale of subsidiaries....

Airlines plan to nearly triple the number of planes with in-flight Internet access this year, but fewer than one in 50 passengers currently pay for the service. When will WiFi revenues start to take off?

Boeing has had more canceled orders for its 787 jet than new orders now that aircraft-leasing company Dubai Aerospace Enterprise has stopped 25 orders in the past month.