BAE Systems on Thursday announced the sale of its BAE Asset Management regional aircraft leasing company for $187 million to Fortress Investment Group.
U.S. air passenger revenue rose 13 percent in February, marking the 14th consecutive month of revenue growth, according to a report by the Air Transport Association of America.
Qantas commenced its latest route on Sunday, connecting Sydney to Dallas Ft. Worth. At nearly 7500 nautical miles, it is the longest regularly scheduled 747 route ever operated.