Transaction values combined company at $500 million, including new investment.

Airline also discloses for the first time configuration of new 777-9s.

Donated fighters play pivotal role in engaging drone threats during defence against Russian invasion.

European flights hit by further disruption Thursday from hoaxes.

The latest test brings the US Air Force’s training jet closer to service, but the programme’s previous delays continue to weigh on Saab financially.

Israeli flag-carrier to join TA-35 companies as it maintains strong financial performance.

Group chief Ben Smith points to existing strong position in Europe-Latin America market and hopes to secure SAS deal approval early next year.

Italian aerospace giant continues talks with prospective partner but is also developing ‘standalone’ approach.

Franco-Dutch group lifts third-quarter operating profit 10% to €1.35 billion, but launches fresh cuts and reorganisation at KLM.

German airline group to acquire 44.9% of the Portuguese carrier, with the stake possibly increasing to 49.9%.

New round of measures includes outsourcing and reorganising roles as Dutch carrier says further savings required.