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Shares of Rolls-Royce jumped more than 11% to hit an all-time high on Thursday after the company reinstated its dividend and raised its profit forecast on the back of strong first-half results.
WELLINGTON, New Zealand (AP) — Air New Zealand scrapped its 2030 carbon emissions reduction targets on Tuesday, citing lags in producing new planes, a lack of alternative fuel and “challenging” regulatory and policy settings.
Air New Zealand on Tuesday dropped its 2030 climate goal, citing delivery delays of fuel-efficient aircraft and the affordability of alternative jet fuels.
For China, its skies are not vast enough to accommodate the ambitions for its home-grown passenger jets.
The Federal Aviation Administration has approved SpaceX to resume flights of its mainstay Falcon 9 rocket after a brief grounding, with Elon Musk's company planning to launch its next mission carrying satellites as soon as Saturday.
The plane crash that killed 18 people in Nepal on Wednesday was at once horrific and sadly common, one of dozens of aviation disasters in the small Himalayan nation in the past decade.
A CrowdStrike software update that crashed computers globally last week hitting services from aviation to banking and healthcare was caused by a bug in the U.S. cybersecurity firm's quality control mechanism, the company said on Wednesday.
The Justice Department said Boeing had agreed to plead guilty to a criminal fraud conspiracy charge and pay a fine of $243.6 million after the planemaker breached a 2021 deferred prosecution agreement, according to a court filing on Wednesday.