In response to the rapid devaluation, IMF officials said it was an important correction that needed to happen since the local currency was overvalued. The IMF argued also that devaluation would make the country's goods and services more competitive …

Boeing later ordered modifications to the jets to increase ventilation and insulation near the batteries, but the company and investigators never determined the root cause of the overheating. The Chicago company has hitched its fortunes on the 787, …

Air Partner's pretax profit for the year ending July 31 will be higher than 2012's 3.2 million pounds ($4.8 million), the provider of planes spanning Cessna light jets to Boeing Co. 777's said today. Analysts predict a 3.75 million-pound … “Business …

SEOUL, South Korea — Asiana Airlines of South Korea said Monday that it would increase training for its pilots after the crash of one of its Boeing 777 jets at San Francisco International Airport. Asiana will give special safety training, including an …

The lithium-manganese battery in the transmitter linked to Friday's fire is much smaller and less flammable. Any indication that the transmitter is to blame would be somewhat of a relief for Boeing, because it is used in many passenger and business …

Private jet booking service PrivateFly.com has secured its biggest booking – for a $500,000 Boeing 737 charter – via its iPhone app. The booking, made by a family in Saudi Arabia, was for a multi-leg business trip to Europe. The client hired a 737 …

Honeywell and other companies supply similar devices for many passenger and business jets, and the best case for Boeing would be to have the problem traced to a generic piece of equipment instead of some of the novel systems on the plane. The plane's …

Royal Jet makes it convenient for large groups to travel on pilgrimage as it is the owner of the world's largest Boeing Business Jet (BBJ) fleet with six of these magnificent and luxurious BBJs, of which some can accommodate up to a maximum of 52 …

But the visible scorching on the top rear of the fuselage of the 250-seat plane puts a major innovation of the 787 – its lightweight, carbon-plastic composite construction – under a spotlight with a fresh set of questions around the plane that Boeing …