Aerospace & Defense
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U.S. strikes Islamic State targets in northern Iraq, Central Command says
WASHINGTON - U.S. aircraft struck armored vehicles and other militant targets on Saturday in a second day of U.S. air strikes against the Islamic State, an extremist group threatening minorities in northern Iraq, U.S. Central Command said.
Alitalia's CEO ready to leave after striking Etihad deal
MILAN - Alitalia's Chief Executive Gabriele Del Torchio is ready to leave the airline after striking a rescue deal with Etihad Airways, the CEO told daily Corriere della Sera in an interview published on Saturday.
U.S. military aircraft drop food, water to Iraqis for second night
WASHINGTON - U.S. military aircraft dropped humanitarian aid to Iraqis under threat from hardline militants in northern Iraq for the second straight night, the Pentagon said on Friday.
Boeing tops Airbus on orders for new wide body planes
SEATTLE - At mid-year, Boeing Co is crushing Airbus in the wide body jetliner market.
Exclusive: Boeing 787 output hiccups reemerge at assembly sites
NEW YORK - Boeing has pushed some factory work on the 787 Dreamliner to the uncovered tarmac outside its assembly plant in Washington state in an effort to keep churning out the popular plane at a rate of one every three days, according to people with knowledge of the situation.
Alitalia secures rescue with long-awaited Etihad deal
ROME - Abu Dhabi-based Etihad Airways will buy almost half of Alitalia and invest 560 million euros ($751 million) into the lossmaking Italian airline in a turnaround effort that will involve heavy job losses under a long-delayed deal signed on Friday.
FAA bans U.S. airlines from flying over Iraq
WASHINGTON - The U.S. Federal Aviation Administration (FAA) on Friday restricted U.S. airlines and commercial operators from flying over Iraq while armed conflict raged and the United States launched air strikes.
Turkish Airlines says cancels flights to Arbil due to security concerns
ISTANBUL - Turkish Airlines has cancel led all flights to Arbil, capital of Iraqi Kurdistan, until further notice due to security concerns, a spokesman said on Twitter on Friday.
U.S. aircraft hit Islamic State artillery in Iraq: Pentagon
WASHINGTON - U.S. military aircraft conducted an airstrike on Friday on Islamic State artillery used against Kurdish forces defending the city of Arbil, Iraq, near U.S. personnel, a Pentagon spokesman said.
State fund to take over Malaysia Airlines, plans 'complete overhaul'
KUALA LUMPUR - Malaysia's government will carry out a "complete overhaul" of its troubled national airline in an attempt to revive the loss-making company after it was hit by two devastating jetliner disasters this year. | Video