planes

Boeing (BA) unveiled the new 747-8 Intercontinental jet Sunday, which can seat as many as 500 people. The new plane has 12% lower costs per seat than the 747-400, Boeing said in a statement. The plane will also emit 16% less carbon. "As the only airplane in the 400 to 500-seat market, the 747-8...

Of all the industries that have achieved record profits recently, none have posted more remarkable results than the airline industry. For the first time in a decade, the industry is on a glide path to profitability -- but it's getting there by squeezing its customers.

GE plans to sell its aircraft electronics to Chinese companies, and if you don't have a problem with that, maybe you should. After all, China just tested a prototype stealth fighter, it continues to build up its military -- and we can only hope it's not planning to expand its territory in ways that threaten the U.S.

Australia's national airline is keeping its flagship superjumbos on the ground more than a week after a frightening midair engine disintegration.

After a Rolls-Royce engine on one of Quantas's A380 superjumbo jets exploded last week, Singapore Airlines says it also has pulled three of its A380s from service because of engine trouble. The news comes after Boeing also announced a major engine failure during tests back in August.

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.

Boeing (BA) is delaying the maiden flight of one of its test 787 Dreamliner jets. "Typical build and flight-test challenges" are holding back the sixth test jet's maiden flight, while workers are "finishing the structure and dealing with anything you have to deal with in getting a flight-test...

Crews are working to replace a Rolls-Royce engine in one of Boeing's (BA) five 787 Dreamliner test jets after the engine experienced a power surge before takeoff. It's not yet clear if the 787's test schedule will be affected, Yvonne Leach, a spokeswoman for Boeing, told Bloomberg News. "We'll...

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?

Delta Air Lines (DAL) reported second-quarter earnings of $467 million , or 55 cents a diluted share, including special items. The company posted a loss of $257 million in the second quarter of 2009 The earnings were driven by a 19% increase in passenger revenue, which rose to $7 billion, the...