ANA to Pay $73 Million Fine Over Price Fixing Scheme
All Nippon Airways has agreed to plead guilty and will pay a $73 million criminal fine for its role in two separate conspiracies to fix prices in the air transportation industry, the U.S. Justice department said on Monday.
Yemeni Passenger and Cargo Flights Banned from German Airspace
With several countries suspending cargo flights from Yemen, Germany on Monday extended the ban to passenger flights after two explosive devices were found aboard a U.S.-bound cargo plane in England and a FedEx facility in Dubai.
Russian Company Finalizes Order for 50 Boeing 737s
Russia's State Corporation Rostechnology on Friday announced that it finalized an order for 50 Next-Generation 737s from Boeing valued at $3.7 billion at average list prices.
British Airways Posts First Profit in Two Years
British Airways on Friday announced that the company registered a $252 million profit in the first half of 2010, representing the first profit for the air carrier in the last two years.
Emirates Jet Lands Safely in New York Amid Global Terror Alerts
Fighter jets escorted an Emirates passenger plane as it entered US air space enroute to New York amid a continuing series of terror alerts on Friday.