The International Air Transport Association on Monday further downgraded its 2011 airline industry profit forecast to $4 billion, which would represent a 78 percent drop compared to last year.
The TSA takes over airport security from the FAA, the Soviets start using Cuba as a base for US spy missions, the F-4 Corsair makes its operational debut and more...
American Airlines, British Airways and Iberia on Wednesday announced new routes and additional frequencies that represent the official start of their joint business between North America and Europe.
International Lease Finance Corp. has placed its first aircraft order since 2007, inking separate deals for 100 new Airbus A320neo-family jets and 33 Boeing 737-800s.