Based on a Seattle Times report, it looks likely that the 787 — already three years late — is saddled with enormous technical problems that could delay it two more years and cost Boeing $12 billion, 120% more than its origina…
Qantas Airways (QUBSF) took preliminary steps towards legal action against Rolls-Royce over the grounding of the airline’s fleet of Airbus A380s.
Qantas filed a preliminary action in Australian federal court, allowing the company to pursue legal acti…
A building boom — and the constrained supply of materials due to mandated energy cuts — sent Chinese cement, metal and building-equipment stocks up Thursday. Meanwhile, Hong Kong and Japanese exporters benefited from improvin…
Qantas, the Australian airline with a fatality-free flying record, suffered another flight mishap Monday. The latest problem was with an Argentina-bound Boeing 747 that experienced smoke in its cockpit an hour after takeoff.
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One week after one of its jet engines exploded in mid-air, Rolls-Royce said it will miss its profit target for 2010.
Rolls-Royce said that growth in underlying profit will be “slightly lower” than the expected 4% to 5%, Bloomberg News reported.
The…