Taiwan-based China Airlines agreed to plead guilty and to pay a $40 million criminal fine for its role in a conspiracy to fix prices in the air transportation industry, the U.S. Department of Justice announced on Monday.
The U.S. Federal Aviation Administration on Monday said it will fine the Boeing Company for more than $1 million after the airline failed to correct a known problem in production and installation of the central passenger oxygen...
TAM Airlines signed a firm order for 25 Airbus aircraft, bringing the Brazilian airline's total Airbus order book to 176, Airbus said in a statement on Wednesday.