Aircraft manufacturing

October 25, 2017 - 7:00 am
COPENHAGEN, Denmark (AP) — Sweden's prosecutors have appealed the acquittal of a Russian employee with the local branch of Canadian plane and train maker Bombardier who was accused of aggravated bribery in one of Sweden's biggest corruption cases to date. A Stockholm court ruled Oct. 11 "it could...
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FILE - In this Monday, June 12, 2017, file photo, the General Electric logo appears above a trading post on the floor of the New York Stock Exchange. GE said Monday, Nov. 13, 2017, that it is slashing its quarterly dividend in half with investors gathering in Boston, where Chairman and CEO John Flannery is expected to lay out significant changes for the U.S. company. (AP Photo/Richard Drew, File)
October 20, 2017 - 5:30 pm
NEW YORK (AP) — General Electric's new CEO is starting to lay out bold plans to return the conglomerate to its industrial roots by slashing costs and streamlining its operations. John Flannery said Friday that the company will shed business units worth more than $20 billion over the next year or...
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FILE - In this April 2014 file image frame grab from video, provided by the Federal Aviation Administration (FAA), a test at the FAAs technical center in Atlantic City, N.J. The U.S. government is urging that large, personal electronic devices like laptops be banned from airline checked luggage because of the potential for a catastrophic fire. (FAA via AP, File)
October 19, 2017 - 6:36 pm
WASHINGTON (AP) — The U.S. government is urging the world airline community to ban large, personal electronic devices like laptops from checked luggage because of the potential for a catastrophic fire. The Federal Aviation Administration said in a paper filed recently with a U.N. agency that its...
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FILE - In this June 18 2015 file photo, vapour forms across the wings of an Airbus A380 as it performs a demonstration flight at the Paris Air Show, Le Bourget airport, north of Paris. Airbus shares have risen thanks to an unusual no-cost deal with Canada's Bombardier that has angered U.S. rival Boeing. (AP Photo/Francois Mori, File)
October 17, 2017 - 4:41 pm
PARIS (AP) — Airbus scored a point in its high-stakes rivalry with Boeing by striking a deal just across the U.S. border. The European plane maker reached an unusual, no-cost deal with Canada's Bombardier that sent Airbus shares up Tuesday, boosts both companies' prospects in Asia and should save...
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Bombardier president and CEO Alain Bellemare, left, and president Canada and chief operating officer of North America for Airbus Helicopters Romain Trapp shake hands during a press conference in Montreal on Monday, Oct. 16, 2017. Canadian plane maker Bombardier has a sold a majority stake in its C Series passenger jet business to European aerospace giant Airbus. (Paul Chiasson/The Canadian Press via AP)
October 16, 2017 - 9:30 pm
TORONTO (AP) — Canadian plane maker Bombardier announced Monday it has sold a majority stake in its C Series passenger jet business to European aerospace giant Airbus for no cost. U.S. rival Boeing called it a questionable deal by two state-subsidized competitors. The move comes after lackluster...
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FILE - In this Thursday, Oct. 13, 2016, file photo, a Delta Air Lines sign overlooks the unloading area at Hartsfield-Jackson Atlanta International Airport, in Atlanta. Delta Air Lines, Inc. reports earnings, Wednesday, Oct. 11, 2017. (AP Photo/David Goldman, File)
October 11, 2017 - 2:47 pm
DALLAS (AP) — The price of air travel is poised to rise again, with airlines seeing beyond recent fare wars that have cut into their profits. Delta Air Lines third-quarter profit fell more than 6 percent to $1.18 billion, partly because Hurricane Irma robbed the company of $140 million in revenue...
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Britain's Prime Minister Theresa May speaking during the Bank of England 'Independence 20 years on' conference, which marks two decades of operational independence from the UK government, at Fishmongers Hall in London Thursday Sept. 28, 2017. May on Thursday lambasted the behavior of Boeing after it complained that Canadian rival Bombardier used unfair government subsidies to sell planes at artificially low prices. (John Stillwell/PA via AP)
September 28, 2017 - 6:28 am
LONDON (AP) — British Prime Minister Theresa May warned Thursday of growing protectionism in the global economy, slamming plane maker Boeing for its role in the U.S. government decision to impose a massive tariff that could cost thousands of jobs in Northern Ireland. Addressing a conference...
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FILE - This is a Sept. 13, 2017 file photo of the Bombardier Aerospace plant in Belfast, Northern Ireland. U.K. Prime Minister Theresa May is "bitterly disappointed" by the U.S. government's decision to slap duties of nearly 220 percent on Canada's Bombardier C series aircraft. May took to Twitter on Wednesday Sept. 27, 2017 to say Britain will continue to work with the company to try to protect jobs, including some 4,000 in Northern Ireland. May has a key alliance with the Northern Ireland-based Democratic Unionist Party. (Brian Lawless/PA, File via AP)
September 27, 2017 - 9:09 am
LONDON (AP) — U.K. Prime Minister Theresa May said she was "bitterly disappointed" with the U.S. government's decision to slap duties of almost 220 percent on Bombardier's C series aircraft, which threatens more than 4,000 jobs in Northern Ireland. May took to Twitter to vow she'll work with the...
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U.S. Commerce Secretary Wilbur Ross listens to a reporter's question during a press conference in Hong Kong, Wednesday, Sept. 27, 2017. Ross said Wednesday that the Trump administration’s priorities as it prepares to tackle bigger and “more difficult” trade issues with China are better market access, less protectionism and protecting intellectual property rights. (AP Photo/Vincent Yu)
September 27, 2017 - 3:28 am
HONG KONG (AP) — U.S. Commerce Secretary Wilbur Ross said Wednesday that the Trump administration's priorities as it prepares to tackle "bigger" and "more difficult" trade issues with China are better market access, less protectionism and protecting intellectual property rights. Ross spoke to...
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FILE - This Dec. 6, 2016, file photo shows the United Technologies Electronic Controls factory in Huntington, Ind. United Technologies is acquiring Rockwell Collins for $22.75 billion in order to expand its aerospace capabilities. United Tech, which makes Otis elevators and Pratt & Whitney engines, said Monday, Sept. 4, 2017, it's paying $140 per share in cash and stock for Rockwell Collins, a 9.4 premium over Tuesday's closing price, when reports of a deal surfaced. (AP Photo/Michael Conroy, File)
September 05, 2017 - 5:30 pm
NEW YORK (AP) — Airplane makers Boeing and Airbus raised concerns Tuesday about the proposed tie-up of industrial company United Technologies and aerospace parts maker Rockwell Collins, saying that the deal could raise costs or slow the production of planes. Boeing and Airbus both buy equipment...
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