It has long been obvious that, short of a miraculous reduction in its labor and debt costs and an increase in revenue, American Airlines needed to restructure its costs in Chapter 11 like every other US legacy carrier had befor...
Four people were killed Saturday morning when a Gulfstream G650 test aircraft crashed upon take-off from an airport in New Mexico, federal officials said.
A Boeing 737-200 carrying 15 people crashed in the Canadian Arctic Saturday afternoon, killing 12 of them. The condition of the three survivors was not immediately known.