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Boeing may carry out a certification test flight of its grounded 787 Dreamliner, a key step toward returning the state-of-the-art aircraft to flight, a U.S. government official said on Thursday.
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Boeing may carry out a certification test flight of its grounded 787 Dreamliner, a key step toward returning the state-of-the-art aircraft to flight, a U.S. government official said on Thursday.
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Airbus recaptured the aircraft industry's top spot in the first quarter as U.S. rival Boeing fell behind on orders and grappled with the grounding of its newest jet.
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*Boeing sold 220 jets or 209 after cancellations. *Airbus delivers 144 aircraft, Boeing 137 in Q1. PARIS/ NEW YORK, April 4- Airbus recaptured the aircraft industry's top spot in the first quarter as U.S. rival Boeing fell behind on orders and grappled with the grounding of its newest jet, the 787 Dreamliner, data from both companies showed on Thursday.
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Rhetoric is heating up: North Korea's army warned that it has been cleared to wage an attack on the US, while the US said it will deploy a missile defense system to Guam.
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*Missile defense system to be deployed in Guam- Pentagon. PAJU, South Korea, April 3- North Korea closed access to a joint factory zone with South Korea on Wednesday, officials said, putting at risk $2 billion a year in trade that is vital for an impoverished state with a huge army, nuclear ambitions and a hungry population.
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*South Korea aims to pick winner in first half 2013. WASHINGTON, April 3- The U.S. Defense Department said on Wednesday it has approved the sale of either the Lockheed Martin Corp F-35 stealth fighter or Boeing Co's F-15 Silent Eagle fighter to South Korea, which is expected to announce the winner of a 60- jet competition later this year.
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WASHINGTON, April 3- The U.S. Defense Department on Wednesday said it has approved the sale of either the Lockheed Martin Corp F-35 stealth fighter or Boeing Co's F-15 Silent Eagle fighter to South Korea, which is expected to announce the winner of a 60- jet competition later this year.
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WASHINGTON, April 3- The Pentagon said on Wednesday it was sending an advanced ballistic missile defense system to Guam in the coming weeks, as U.S.
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WASHINGTON, April 3- The Pentagon said on Wednesday it was sending an advanced ballistic missile defense system to Guam in the coming weeks, describing the move as a precaution against North Korea's regional ballistic missile threat.
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HONOLULU-- A defense contractor accused of giving military secrets to his Chinese girlfriend will be allowed to stay at a halfway house while he awaits trial, a judge ruled Monday. Conditions can be imposed on Benjamin Bishop's release that would address concerns about him being a flight risk and posing a danger to the community, U.S.
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PORT WASHINGTON, N.Y.-- Filtration equipment maker Pall Corp. said Monday that it hired Akhil Johri of United Technologies Corp. to be its new chief financial officer. He has worked at United Technologies for 26 years and most recently was CFO of its propulsion and aerospace systems business.
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NEW YORK-- Private equity firm MidOcean Partners has offered to buy aerospace and industrial manufacturer EDAC Technologies Corp. for about $97 million, topping a bid from another private equity firm, Greenbriar. Last week, EDAC agreed to be acquired by Greenbriar Equity Group LLC for $17.75 per share.
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It's not up to the airlines whether passengers should be allowed to keep their devices on during takeoffs and landings, said Doug Parker, who will be CEO of the merged American Airlines.
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Airfares at American Airlines won't rise because of its merger with US Airways, Doug Parker, who'll be the chief executive of the combined carrier, told CNBC.
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FRANKFURT, March 27- German luxury carmaker Daimler aims to sell the remaining 7.5 percent stake it holds in European aerospace group EADS in the second half of this year, a source familiar with the matter told Reuters on Wednesday. "The plan internally is to sell the rest of the stake in the second half," the person said.
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*His 850 troops police buffer zone in Cyprus. BUFFER ZONE, Cyprus, March 27- When Chao Liu enlisted in the People's Liberation Army in the dying years of China's Cultural Revolution, he never imagined he would end up in Cyprus wearing a blue U.N. beret.
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March 27- B/E Aerospace Inc:. *UBS raises target price to $67 from $55; rating buy. Reuters Station users, click. 1568.
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MOSCOW, March 27- Russia wants play a role in keeping Afghanistan stable after the withdrawal of most NATO combat troops by maintaining government military hardware on Afghan soil, a senior military official said on Wednesday.
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MILAN, March 27- Italian defence group Finmeccanica said on Wednesday its unit AgustaWestland had won contracts for 110 million euros to supply 11 helicopters for clients in South East Asia. One deal was signed with the Malaysian company Weststar Aviation Services for the supply of six AW139 helicopters and two AW189 plus options.
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*France sells 3.12 pct stake, keeps 27 pct of Safran. *Shares in Safran up fivefold in past four years. PARIS, March 27- The French government has raised nearly half a billion euros from the sale of shares in aerospace group Safran, money it plans to inject into small businesses as it battles to put some life back into the stalled economy.
Defense Contractors
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*Pentagon, Lockheed said nearing deal for more jets. NEW YORK, Nov 29- The U.S. Air Force affirmed on Thursday its plans to buy 1,763 F-35 fighter jets built by Lockheed Martin Corp in coming years, as Lockheed and the government neared agreement on a multi-billion dollar contract for a fifth batch of planes.
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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.
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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.