“I'm disappointed that we must take these actions and we continue to encourage our lawmakers to come together to pass a funding bill that will end this shutdown,” Marillyn A. Hewson, Lockheed's president and chief executive officer, said in a statement …

( UTX ), parent company of jet engine manufacturer Pratt & Whitney, Otis elevator, and Sikorsky aircraft, also had announced Wednesday that it will furlough 2,000 employees at its aerospace businesses by Monday. It added that the furloughs could double …

… interior refurbishments, VIP completions, maintenance, aircraft painting, and avionics repair and installation. Jet Works is near another Greenpoint company, Odyssey Aerospace Components, which specializes in designing and installing cabinets for …

A West Jet Boeing 737-700 aircraft (L) departs Vancouver International Airport in Richmond, British Columbia February 9, 2011. REUTERS. Aviation. Video: WestJet takes on Air Canada. Air Canada jets sit by the gates at Toronto Pearson International …

“We take advantage of scale,” Mr. Hogan said, by negotiating as a bloc for as much as possible — whether for in-flight entertainment systems, jet engines or even new aircraft orders from Boeing and Airbus. He cited plans for Etihad and Air Berlin to …

Luo Fei, the chairman and CEO of a Chinese infant formula producer fined two months ago for price fixing, has become the latest entrepreneur from the country to join the ranks of the world's billionaires. Biostime International Holdings said on Aug. 7 …

Twitter founder Jack Dorsey is worth $1.3bn as of September 2013. So with the $1bn float plan, can ahem, Jack become the king of tech IPOs? Twitter hopes to raise $1bn through its stock market debut. Going by the history of tech IPOs, this is widely …

China has been under pressure to tackle air pollution to douse potential unrest as an increasingly affluent urban populace turns against a growth-at-all-costs economic model that has besmirched much of China's air, water and soil. Last month the …

John will receive the honor at an event called “A Celebration of American Philanthropy” in Washington, D.C. In conjunction with the award, the Rockefeller Foundation will provide the Elton John AIDS Foundation with a monetary grant. The organization's …