WASHINGTON, Dec 22- The Pentagon's internal watchdog on Monday questioned whether the U.S. government is paying United Technologies Corp too much to maintain the F117 engines that power Boeing Co's C-17 cargo plane, and it urged greater oversight. The Pentagon's inspector general faulted the Air Force for buying $1.54 billion worth of maintenance and repair...» Read More
The troubled F-35 fighter jet will not make its debut at the Farnborough Airshow on Monday after a dangerous engine fire left the fleet grounded in the U.S.
The space race has moved on from the battle between Cold War rivals, to a contest between companies to blast off in the space market.
*Baghdad authorities halt cargo flights to Kurdish capital Arbil. BAGHDAD, July 10- Kurdish ministers said they were boycotting meetings of Iraq's caretaker cabinet and authorities in Baghdad halted cargo flights to two Kurdish cities, in an escalating row between the Shi'ite-led central government and Kurdish leaders.
CHICAGO, July 7- As North Americans hit the highways, airports and rails for vacations this summer, it's not hard to believe that some of the most robust stocks are in the transportation industry- particularly in an improving economy.
Tony Fernandes, Group Chief Executive Officer of AirAsia, explains how the new economic agreement between Southeast Asian nations will benefit the airline.
Delta reported earnings that beat analysts' expectations on Wednesday, as passengers flocked to the airline in spite of a brutal winter.
CNBC's Dominic Chu provides insight on road and rail stocks, in addition to providing perspective on air freight and logistics.
Jeffrey Schwartz, Co-founder & Chairman, Executive Committee at GLP, explains why he doesn't anticipate regulatory hurdles from a $2.5 billion investment from a consortium of Chinese investors.
Airlines have made great strides in in-flight entertainment over the past two decades, and it's about to get even better.
Commercial Aircraft Corporation of China (Comac) is set to emerge as a serious competitor in the commercial aviation market over the next 20 years.
While Asia may be seeing growth, private jet manufactures are turning to the U.S. to drive big orders as the world's largest economy recovers.
As competition between budget airlines heats up, the appeal in going low-cost for the long-haul appears to be growing.
China's decision to open up its skies could be a “game changing” move for low-cost carriers, Honeywell Aerospace said on Tuesday.
A fresh fleet of fuel-efficient Boeing 787s will be a "game-changer" for Singapore Airlines' budget carrier Scoot, the firm's CEO told CNBC.
A "pivot" or emphasis on Asia in U.S. foreign policy is not about containing China, speakers at an Asia-Pacific Security Conference said on Monday.
With emerging markets slowing and low-cost carriers adding capacity at a rapid pace, the aviation sector risks overcapacity, warns Garuda's CEO.
With Singapore's strategic position, both regionally and as a brand, Asia's largest airshow next week is set to highlight Asia's growth potential.
Southeast Asia's low-cost carriers are flying high with growth in air travel, but concerns are rising about its ability to absorb record plane orders.
Singapore, one of Asia's smallest countries thinks big when it comes to defense.
Weakness in air cargo markets remains the biggest worry for airlines despite some evidence of recovery in 2013.