BAE Systems Sells Aircraft Leasing Arm
BAE Systems on Thursday announced the sale of its BAE Asset Management regional aircraft leasing company for $187 million to Fortress Investment Group.
All European Airspace Reopened as Volcanic Ash Cloud Subsides
The European travel chaos as a result of volcanic ash from a volcano in Iceland came to an end on Thursday as all affected airspace was re-opened.
Plane Crashes in Western North Carolina Mountains
A Beechcraft Baron crashed in a mountainous area of North Carolina Wednesday afternoon according to the FAA. The number of passengers and their condition were not immediately known.
Volcano Cloud Dissipates, but Airlines Still Cancel Hundreds of Flights
European airlines on Wednesday were forced to again cancel hundreds of flights while experts say the ash cloud coverage from Grímsvötn is expected to soon dissipate.
Medical Plane Crash in India Kills At Least 10
An emergency medical plane carrying at least eight people crashed into two houses in a residential area near New Delhi late Wednesday evening, local television reported.