Trump talks on Air Force One cost make progress, Boeing CEO says

Military personnel salute as Air Force One with President Barack Obama aboard departs Andrews Air Force Base in Maryland, Sunday, Oct. 23, 2016. FILE - Military personnel salute as Air Force One with President Barack Obama aboard departs Andrews Air Force Base in Maryland, Sunday, Oct. 23, 2016.

Energy diplomacy takes wing?

News selected on topics and regions - oil and gas, business, politics, IT, the South Caucasus, the Caspian Sea region, Central Asia Ranking of the Azerbaijani banking sector Iran Chamber of Commerce, Industries, Mines & Agriculture Education & Research Institute and the Research Institute for Energy Management & Planning - University of Tehran, the Founders of the Caspian Energy Grid , have welcomed, the Airbus A320 jet delivery to Iran on 12th Jan. 2017, which marks the first new plane delivered directly to Iran by a western manufacturer since 1979, and supported the EU based entity initiative, the International Research Network for holding Iran Business Symposium during 21-23 Feb. 2017 in Amsterdam, Netherlands.

17 signs it’s vacation time

The Boeing 777-300 bound for Hong Kong rotates and takes off as American Airlines inaugurates new direct service to Hong Kong from DFW International Airport, June 11, 2014. TNS FILE PHOTO Airline profitability will help travelers in the coming year by getting through security faster, lowering bag fees and flying in newer, better aircraft.

3 Missing in downed plane incident off Hawaiian island

Three people are missing after a small plane vanished from radar off the Hawaiian island of Moloka'i, the US Coast Guard said in a statement Saturday. The Cessna 172 aircraft left Moloka'i Airport and was headed to Honolulu, Hawaii, on Friday when it dropped off radar approximately four miles east of Ilio Point, the Coast Guard said.

Romanian Air Force: Another three F-16 to land in Romania on Thursday

Another three F-16 Fighting Falcon aircraft were scheduled to land on Thursday, at the Borcea 86th Airbase, the Romanian Air Forces announced on Facebook. The aircraft come from Portugal and will join the other six aircrafts purchased on September 28, from the Portuguese Monte Real airbase.

For Congress, defense contracts are like baseball, apple pie

After President-elect Donald Trump attacked the cost of the F-35 Joint Strike Fighter on Monday as "out of control," several lawmakers responded by praising the Pentagon's most expensive weapons acquisition. Republicans and Democrats on Capitol Hill are aware of the tens of thousands of jobs the aircraft generates in 45 states.

Alcoa’s new spinoff Arconic taps ex-Cornyn chief of staff as lobbyist

Alcoa signage displayed on a monitor on the floor of the New York Stock Exchange on Oct. 21 Aluminum giant Alcoa's spinoff into two companies is slated to take effect Tuesday - and the new spinoff, Arconic, already has a Washington lobbyist. Arconic has tapped Russ Thomasson, former chief of staff to Senate Majority Whip John Cornyn , to serve as the company's first hired gun on K Street.

India prepared to buy 200 foreign combat jets if they’re ‘Made-in-India’

A deal to buy high-end Rafale planes from France's Dassault was scaled back to just 36 jets last month. India is offering to buy hundreds of fighter planes from foreign manufacturers - as long as the jets are made in India and with a local partner, air force officials say.

Indian Prime Minister Narendra Modi. Photo: AP

Prime Minister Narendra Modi in the market for 200 foreign combat jets, but there's a catch: they have to be made in India Indian Air Force is desperately trying to speed up other acquisitions and arrest a fall in operational strength - now a third less than required to simultaneously fight China and Pakistan India is offering to buy hundreds of fighter planes from foreign manufacturers - as long as the jets are made in India and with a local partner, air force officials say.

Govt offers to buy 200 foreign fighter jets – if they’re Made-in-India

NEW DELHI: India is offering to buy hundreds of fighter planes from foreign manufacturers - as long as the jets are made in India and with a local partner, Indian Air Force officials say. A deal for 200 single-engine planes produced in India - which the Air Force says could rise to 300 as it fully phases out ageing Soviet-era aircraft - could be worth anything from $13-$15 billion, experts say, potentially one of the country's biggest military aircraft deals.

Official: Plane in Chicago had rare, serious engine failure

Pilots were forced to abort a takeoff and evacuate passengers from a burning American Airlines flight on a runway at Chicago O'Hare International Airport after the airliner experienced what a federal official said was a rare and serious type of engine failure. American Airlines Flight 383 to Miami experienced an "uncontained engine failure," in which engine parts break off and are spewed outside the engine, the official said.

Official: Plane in Chicago had ‘uncontained engine failure’

A federal official pointed to a rare and serious engine malfunction after pilots were forced to abort a takeoff and evacuate passengers from a burning American Airlines flight Friday on a runway at Chicago O'Hare International Airport. The official, who spoke to The Associated Press on condition of anonymity because the person was not authorized to speak publicly about the investigation, said American Airlines Flight 383 to Miami experienced an "uncontained engine failure," in which engine parts break off and are spewed outside the engine.