An intercept test of a missile-destroying laser aboard a converted Boeing Co 747 aircraft has been postponed for a fourth time because of technical problems, the Pentagon’s Missile Defense Agency said.
“Troubleshooting indicates that a hot bypass valve on the aircraft is in an abnormal condition, thus not allowing for proper [...]
SANTIAGO – A merger between Brazil’s TAM and Chile’s LAN airlines would generate synergies likely to add some $3 billion in value to the new group, LAN’s chief executive was quoted as saying by a local paper on Saturday, reported the news agency Reuters on Saturday.
Both companies announced on Friday a proposed merger via a [...]
A company vying to sell airport shoe scanners has finished its “trial” at Indianapolis International, collecting results from 3,000 travelers who volunteered to try its machine in the lobby.
Morpho Detection says its data-collection experiment, which ended in late July, showed its scanner can process more than 300 customers an hour. Travelers still had to remove [...]
More than 3 1/2 years after President Felipe Calderon declared war on Mexico’s drug cartels, the pace of killings has increased and 2010 is on track to be the deadliest yet in a campaign that has already claimed as many as 28,000 lives.
While the insecurity has put a damper on business [...]
Empresa Brasileira de Aeronautica SA, the world’s fourth-largest aircraft maker, will have a backlog of more than $17 billion before the end of the year, said Luiz Carlos Aguiar, the company’s vice president of finance.
The current backlog stands at $16.2 billion, including 37 firm orders signed at the Farnborough Air Show in England last month, [...]
An article that appeared Wired Danger Room yesterday reveals that the CIA and Google are now in cahoots to invest in a new company called Recorded Future – a real-life version of Minority Report, one that’s all fact and no fantasy, It’s purpose is to know the present and predict the future, totally.
I’m a longtime [...]
With government budgets across Europe set to shrink significantly in the coming years, the parent company of Airbus predicted that the group’s military business would become increasingly focused on markets in Asia, Latin America and the Persian Gulf and it hinted that the outsourcing of European aerospace jobs to those regions was all but inevitable.
“It [...]
Francisco Luzon (Cuenca, 1948), director of the Americas Division of Santander Bank, started in banking in 1973, which has allowed him to experience many banking crises. Some from the chairmanship of Banco Exterior and then from Argentaria. The scrambled years scared off Americans and Europeans. He is convinced that Santander has won due to its [...]
Just before sunset on April 10, 2006, a DC-9 jet landed at the international airport in the port city of Ciudad del Carmen, 500 miles east of Mexico City. As soldiers on the ground approached the plane, the crew tried to shoo them away, saying there was a dangerous oil leak. So the troops grew [...]
SAO PAULO — Brazil’s Embraer announced expansion of its aviation business into China with the opening of a subsidiary company that will provide technical services for aircraft already on the Chinese inventory and many more on order, according to a report of news agency UPI.
The aircraft maker said it is investing $18 million into the [...]
