Jan 27- Troubled logistics company UTi Worldwide Inc said it would cut several senior positions and no longer maintain regional infrastructure as a way to reduce costs, just a month after Edward Feitzinger took over as chief executive. Feitzinger replaced Eric Kirchner, who had led the company for six years. The restructuring will result in annual savings of...» Read More
After missing flight MH370, the industry is looking at ways to prevent another incident - and big data could be the answer.
Despite an engine fire, Lockheed Martin remains hopeful that its troubled F-35 fighter will make its debut at the Farnborough International Airshow.
U.S. military drones will 'continue to play a role' in the Middle East, one of the Navy's top chiefs tells CNBC.
Boeing dismisses launch of rival Airbus's A330 neo and what the CEO of U.S. group describes as "older technology".
As the Farnborough International Airshow approaches we take a look at what to expect from the week-long exhibition.
Airplane passengers are benefiting from the drive for airlines to become more efficient, analysts said. Here's how.
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.
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.