MARICOPA, Ariz.— A former president of a major aircraft manufacturer was one of the two people killed after their World War II-era plane crashed and burned near the town of Maricopa. Pilot Jeffrey Pino, 61, was formerly the president of Sikorsky Aircraft, a Connecticut- based aircraft manufacturer. The second victim was identified as 72- year-old Nickolas...» Read More
Federal regulators have approved a Boeing plan to redesign the 787 Dreamliner's batteries, though extensive testing will be needed before the planes can fly passengers again.
Ryanair is to announce a deal to buy 200 aircraft from Boeing
The airline index is up 45 percent in the past one year, and up 20 percent so far this year alone, reports CNBC's Phil LeBeau.
The U.S. National Transportation Safety Board is examining the certification and testing of the lithium-ion battery system on the Boeing 787, but still has not found the root cause of a January fire, the board said.
U.S. safety regulators are poised to approve a plan to allow Boeing Co to begin flight tests of the 787 Dreamliner with a fix for its volatile batteries, a critical step towards returning the grounded aircraft to service, two sources familiar with the matter said.
As U.S. authorities grapple with how to regulate the use of unarmed drones in U.S. skies, a small network of police, first responders and experts is already flying unmanned aircraft.
Boeing will cut hundreds of jobs at a South Carolina plant that makes 787 Dreamliners, but the move has nothing to do with the recent grounding of the troubled jetliner.
Scott Livingston, CEO & President of Horst Engineering, discusses how the sequester will affect the aerospace supply chain with CNBC Squawk Box Europe anchor Geoff Cutmore at the 2013 YPO Global Leadership Summit.
The head of the Federal Aviation Administration said "a great deal of testing" will be needed on Boeing's beleaguered line of 787 planes, before Dreamliners are cleared to fly again.
Cai Von Rumohr, Cowen and Company analyst, talks about what investors should consider before buying stock in the defense sector.
The sequester will cut about $45 billion from Pentagon programs. Despite this, Lockheed Martin saw heavy call option trading.
All Nippon Airways have canceled a further 1,714 international and domestic flights from March 31 to May 31, the Japanese airline said Monday, due to the grounding of the Boeing 787 Dreamliners. The cancellations will affect 41,600 passengers.
North Korea's latest belligerent talk isn't just cheap rhetoric: North Korea is preparing for a war because, in their eyes, the US may really be planning an offensive.
Italian defence group Finmeccanica has delayed publication of its 2012 results after a bribery probe connected with the sale of 12 helicopters to Indian authorities, it said on Thursday.
Engineers working at Boeing approved the planemaker's latest contract offer in a vote on Tuesday, likely paving the way for a full agreement as Boeing attempts to focus its resources on fixing battery problems on its 787 Dreamliner.
The union for Boeing's engineers and technical workers is counting ballots Tuesday on a contract offer and whether to authorize a strike. The union is recommending that members reject the offer because it would not provide pensions to new employees.
Airbus has started informing airlines that have ordered the new A350 that the new plane will have Nickel-Cadmium batteries, rather than lithium-ion batteries, the European plane maker told CNBC Thursday.
American Airlines and US Airways plan to merge in a deal that would create the world's largest carrier and caps years where the industry was marked by bankruptcy and consolidation.
Boeing denied misconduct by its managers afterb a union representing engineers and technical workers accused the planemaker's security staff of intimidating some members over labor contract votes.
Value investor Mario Gabelli says he expects small-cap stock GenCorp and mid-cap stock Legg Mason to double in value.
The business world has seen numerous individuals put their marriages, careers and good standing at risk for an extramarital dalliance. CNBC.com presents a list of people who went outside of their marriages for intimate relationships.
A top U.S. general in Afghanistan is now under investigation, with CNBC's Eamon Javers. Jeremy Kroll, K2 Intelligence, and Julian Sanchez, Cato Institute, also discuss cyber security.
CNBC's Jane Wells takes a look at the rise of women in companies that used to be dominated by men.