China Eastern to buy 70 Airbus A320NEO for $6.4 billion

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- China Eastern Airlines Corp Ltd has ordered 70 A320neo aircraft, marking a big victory for Airbus , which has been actively marketing the upgraded variant of its popular A320 jet to Chinese carriers.

In nosedive, Qantas CEO Joyce may find path to safety

SYDNEY - Whether through error or circumstance, Qantas Airways Ltd's spectacular fall from grace is giving chief executive Alan Joyce his best chance of steering the airline toward long-term salvation.

Tony Abbott 27 Feb 2014

North Korea fires short-range missiles in apparent exercise

SEOUL - North Korea fired four short-range missiles over the sea off its eastern coast on Thursday, a media official at South Korea's Defence Ministry said, but provided no information as to the purpose of the firing.

Bin Laden son-in-law faces trial in U.S. on terror charges

NEW YORK - Suleiman Abu Ghaith, one of Osama bin Laden's sons-in-law and a former spokesman for al Qaeda, heads to trial next week in New York on terror-related charges in a case that could feature testimony from several al Qaeda figures.

World, Osama bin Laden, U.S., 27 Feb 2014

Turkey likely to order Lockheed F-35 fighters in 2015

ANKARA - Turkey is likely to start ordering F-35 fighter jets built by Lockheed Martin Corp from 2015 onwards and it will start with two orders initially, Turkey's undersecretary for state-run defense industries Murad Bayar said on Thursday.

Turkey, 27 Feb 2014

Durable goods orders ex-transportation rise in January

WASHINGTON - Orders for long-lasting manufactured goods excluding transportation unexpectedly rose last month as did a gauge of business spending plans, but that will probably not change views that factory activity is slowing.

27 Feb 2014

Slashing jobs and jets, Qantas makes plea for state aid

SYDNEY - Qantas Airways Ltd is axing 15 percent of its workforce, slashing spending and selling gas-guzzling older planes after stiff competition at home and overseas pushed the Australian flag carrier deep into the red in the first half.

Tony Abbott 27 Feb 2014

Boeing Black: This smartphone will self-destruct..

NEW YORK - Boeing Co on Wednesday unveiled a smartphone that appears to come straight from a James Bond spy movie.

26 Feb 2014

Qantas CEO says doesn't see short-term changes to Qantas Sale Act

SYDNEY - Qantas Airways Ltd chief executive Alan Joyce said on Thursday that he doesn't expect any short-term changes to legislation known as the Qantas Sale Act that sets restrictions on the Australian carrier's ownership.

26 Feb 2014

Alitalia CEO says Etihad needs three-four weeks for due diligence

MILAN - Etihad Airways is expected to finish examining Alitalia's books within a month as it ponders whether to invest in the loss-making Italian airline, Alitalia's chief executive said on Wednesday.