The U.K. has confirmed its commitment to the continued development of the Eurofighter program in accordance with its new Combat Air Strategy. The new doctrine was released by U.K. defense officials on Monday at the Farnborough International Air-show. The strategy indicates that the Eurofighter will be upgraded for decades to come, pending a replacement.Add your comment!
Boeing and GOL Airlines announced that the Brazilian carrier is adding the newest and largest member of the 737 MAX family with a new contract that converts 30 current MAX orders to the 737 MAX 10. GOL also placed a new order for 15 more MAX 8 airplanes, growing GOL’s total MAX orders to 135. The Brazilian airline says the advanced airplanes will help GOL meet its commitment to further enhance operational efficiency by flying a young, modern and safe fleet.Add your comment!
The United States launched five separate World Trade Organization dispute actions on Monday challenging retaliatory tariffs imposed by China, the European Union, Canada, Mexico and Turkey following U.S. duties on steel and aluminum. The retaliatory tariffs on up to a combined US$28.5 billion worth of U.S. exports are illegal under WTO rules, U.S. Trade Representative Robert Lighthizer said in a statement.1 comment
With seventy percent of air travelers having some degree of fear of flying, it’s a question on the mind of almost every passenger – which are the safest aircraft. Flying today in a commercial passenger jet is incredibly safe but some aircraft types are safer than others and have perfect fatality free records.1 comment
Dril-Quip (Europe) in Aberdeen has announced a letter of intent with Premier Oil to provide subsea production systems for the Sea Lion Phase 1 development offshore the Falkland Islands. The letter of intent signed was described as a sizeable supply contract, but was undisclosed.3 comments
The International Monetary Fund (IMF) expects Argentina’s government debt to peak by the end of 2018 and then fall as the country cuts its deficit as part of its US$50 billion deal with the Fund, according to a document published.7 comments
More adventurous and better-off Chinese tourists are eschewing regular package deals and demanding customized tours that include exclusive visits to film locations, Michelin-star restaurants, ancient sites off the beaten track, and prestigious sporting events.Add your comment!
India’s most famous landmark, Taj Mahal, is being threatened with demolition and shut down if the government continues to fail to address its worrying changing color, the country’s top court has warned.1 comment
Brazil's ex-President Lula da Silva, who is serving a 12-year-one-month jail term for alleged corruption, represents hope for millions of Brazilians, former leader Dilma Rousseff said on Sunday. Rousseff succeeded Lula as president and belongs to the same left-leaning Workers' Party (PT), which named Lula its presidential candidate in upcoming Oct. 7 elections, despite his legal woes.12 comments
Foreign direct investment in Chile reached US$ 8.48 billion in four months January to April, its highest level since records began 15 years ago, thanks to a new law designed to attract investment, the government investment agency stated.1 comment