The Pentagon is unveiling bidding rules for a $35 billion contract to build 179 air tankers. Airbus and Boeing are the only firms competing, and Boeing is fearful of the consequences should Airbus win. Steve Henn reports.
The aviation industry is promising to go green, and will pledge at the upcoming U.N. summit to make deep cuts in its CO2 emissions. Bill Radke discusses the move with European correspondent Stephen Beard.
A panel of experts advising the British government on climate change says air travel will cause severe damage to the environment unless it's curbed. Some are pressing for a global deal to cap the aviation industry's carbon emissions. Stephen Beard reports.
If you want to travel, but are worried about the cost of flights, JetBlue is selling passes that allow you to travel as much as you can in 30 days. But how is the airline making money off the deal? Jeremy Hobson reports.
The World Trade Organization will rule tomorrow on the epic dispute between Boeing and Airbus, with Boeing expected to be the winner. Stephen Beard reports why this may be just the beginning.
Boeing's new Dreamliner is facing another setback — a problem with the plane's high-tech skin. Joel Rose reports on Boeing's manufacturing challenges as it switches from aluminum to composite materials.
Alex Hamilton, director of research at Jesup & Lamont, talks with Bill Radke about the latest setback Boeing faces with its long-delayed new jet, the 787 Dreamliner.
British Airways has announced a big loss, and many of Europe's other so-called full-service carriers are also reporting lower earnings. Stephen Beard reports this may force Europe's airlines to fly the American way.
British Airways lost $650 million last year, and it revealed today it's lost another $160 million in the first quarter. The carrier is also facing the additional threat of strike action this summer. Stephen Beard reports.
Airlines like Southwest and AirTran have been forced to offer deep discounts to leisure travelers to account for a drop in business travel. Some experts worry these revenue losses could lead to a wave of bankruptcies. Sam Eaton reports.
