British Defense Secretary Liam Foxon Monday announced that the Royal Air Force has agreed to buy more than a dozen new Chinook helicopters worth $1.64 billion for its mission in Afghanistan.
American Airlines and US Airways today announced their intention to merge, ending months—if not years—of rumor and speculation. The move will create the world’s largest airline.
Delta Air Lines on Monday announced it had reached an agreement to buy a disused oil refinery near Philadelphia, a move which many industry pundits promise to puzzle over for years to come. Monroe Energy, a wholly-owned subsidi...