US aircraft company Boeing has announced its plans to close a massive plant in Wichita in Kansas state before the end of 2013, a decision that will affect a total of 2,160 employees.

"The decision to

With the first of the 27 Boeing 787 Dreamliners for Air India expected to arrive next month, the cash-strapped national carrier has decided to sale and leaseback seven of them and has started looki

In a bid to prevent Air India from receiving a $3.4 billion loan for the acquisition of 30 new aircraft, a trade body for leading US airlines has sued the US Export-Import (Exim) Bank.

The loan comes

U.S. airlines sought on Wednesday to block $3.4 billion in pending taxpayer-backed loan guarantees for Air India to buy Boeing Co jetliners.

The Air Transport Association, the leading U.S. trade grou

Calling Air India 'one of the most poorly-run airlines in the world', American carriers have opposed the US Exim Bank's USD 3.4 billion support to it to buy Boeing 787 Dreamliners.

The Air Transport

Boeing's new 787 Dreamliner made its first commercial flight on Wednesday, giving a handful of deep-pocketed passengers the chance to fly into history on what is touted as an aviation breakthrough.

T

Boeing's long-awaited 787 Dreamliner became a commercial reality on Sunday when the US planemaker signed a final contract to deliver the world's first lightweight composites jetliner to its Japanese c

Planemaker Airbus celebrated a $72 billion haul of orders, including the biggest single airliner deal in history, in a home turf victory over US rival Boeing at the Paris Air Show on Thursday.

"This

Boeing Co is aiming to make a decision on whether to re-engine or redesign its 737 narrowbody by the end of the year, but it is not making any promises, the chief executive of Boeing's commercial airp

Passenger jet sales will reach $4 trillion over the next 20 years, Boeing predicted on Thursday as it hiked demand forecasts on the eve of the Paris Air Show.

The US planemaker estimated a total of 3