Big trade in Oshkosh shares before Postal award spurs questions
A lawmaker is calling for an investigation of a $54.2 million, after-hours purchase of Oshkosh Corp. stock the day before the company won a blockbuster…
U.K. aviation industry calls on Johnson for more financial aid
Heathrow airport, unionized workers and ground-handling staff issued a joint plea to U.K. Prime Minister Boris Johnson for more state funding to help the aviation…
Biden’s USDA chief is exploring making a carbon bank for farmers
The Biden administration has begun an intense examination of how to structure a carbon market that would encourage broad participation by U.S. farmers, including whether…
AirAsia targets launch of flying-taxi business in 2022, CEO says
Malaysian budget airline AirAsia Group Bhd. said it is seeking to launch a flying-taxi business as soon as next year.
Airline insiders sell most shares in three years amid rally
Airline executives and directors sold $49.9 million of stock in February, the most in three years, as industry shares posted a record rally fueled by…
United, British Air sound alarm on Alliance data breach
British Airways, United Airlines Holdings Inc. and Singapore Airlines Ltd. were among carriers affected by a cyberattack that hit the Star and Oneworld alliances, exposing…
Boeing CEO makes $21 million on paper, pockets just $269,321
Boeing Co. Chief Executive Officer Dave Calhoun got total compensation of $21 million last year, but his take-home pay was a small fraction of that…
Broken fan blade on United engine was last inspected in 2016
The fan blade that broke on a United Airlines plane over suburban Denver last month failed well before it was required to receive its next…
US said to weigh sanctions on Lebanon central bank chief
The U.S. is considering sanctions against Lebanon’s long-serving central bank chief as a broader investigation into the alleged embezzlement of public funds in the country…
Airbus books slew of lost orders while deliveries lag output
Airbus SE suffered a surge in order cancellations last month as Norwegian Air Shuttle ASA scrapped narrow-body jet purchases and a wave of coronavirus lockdowns…
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