Aerospace & Defense

By keeping U.S. focus on Islamic State, Trump risks wider Syria war

WASHINGTON President Donald Trump has ordered stepped-up military operations against Islamic State and delegated more authority to his generals, but without a comprehensive Syria strategy, his approach risks further confrontation with Syria, Iran and even Russia, according to U.S. officials and analysts.

Qatari FM to go to Washington to discuss Gulf rift, impact on terrorism fight

DOHA Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman al-Thani said on Monday that he plans to travel to the United States next week to discuss the impact of a rift with Gulf Arab states on its economy and on the fight against terrorism.

White House says it retains right to self-defense in Syria; Moscow warns Washington

WASHINGTON/MOSCOW The White House said on Monday that coalition forces fighting Islamic State militants in Syria retained the right to self-defense as Russia warned it viewed any planes flying in its area of operations as potential targets.

Quebec fund CEO: $2 billion investment in new GE aircraft unit may grow

MONTREAL Caisse de Depot et Placement du Quebec's [CDPDA.UL] chief executive said on Monday the Canadian fund's $2 billion investment with GE Capital Aviation in a new aircraft leasing entity could increase over time.

Boeing launches new jet with flurry of orders

PARIS Boeing unveiled a new version of its bestselling 737 aircraft on Monday, injecting life into a faltering civil aviation market as French President Emmanuel Macron flew in to open the world's biggest air show in Paris. | Video

Less of the high life as aerospace giants cut air show perks

PARIS Blistering heat and a clampdown on fine food and giveaways ensured a mellow start to the Paris Airshow this year, despite a flurry of orders triggered by the launch of a new Boeing jet.

Exclusive: Lockheed nears $37 billion-plus deal to sell F-35 jet to 11 countries

Lockheed Martin Corp is in the final stages of negotiating a deal worth more than $37 billion to sell a record 440 F-35 fighter jets to a group of 11 nations including the United States, two people familiar with the talks said. | Video

UPS to levy holiday surcharges to battle e-commerce costs

DETROIT United Parcel Service Inc said on Monday it will levy surcharges on U.S. residential packages during its crucial peak holiday season this year as it seeks to combat the spiraling costs of delivering e-commerce packages.

Factbox: Airbus, Boeing commercial aircraft deals at Paris Airshow

Following is a summary of commercial aircraft deals announced by Airbus and Boeing at the Paris Airshow:

Boeing launches data analytics activity to boost services

PARIS Boeing has launched an in-house data-crunching activity called "Boeing AnalytX" to pull together systems and about 800 data experts to provide services to customers and define improvements in the way Boeing builds jets, company officials said.

GECAS orders 100 Airbus A320neo aircraft

PARIS Lessor GECAS has placed an order for 100 Airbus A320neo aircraft, selecting CFM engines, due to be delivered from 2020 to 2024, the companies said on Monday at the Paris Airshow.