Kate Duffy

The global airline industry stands to earn $US36.6 billion ($57.2b) in net income in 2025, driven by a record 5.2 billion passengers taking to the skies, the industry's top lobby group said in its annual forecast.

The UK, Japan and Italy formalized their planned venture to build a new generation fighter jet that the countries expect to deliver in a decade.

The outlook represents a 16% gain on 2024 figures.

The owner of British Airways has started incorporating Apple Inc. AirTags in its luggage-handling system, saying it expects the new tool to lower costs and more quickly locate wayward bags.

(Bloomberg) -- It's been a tough year for investors in European aviation, with Boeing Co.'s production woes, engine problems grounding aircraft and the still-sluggish corporate-travel market weighing on the sector.

The owner of British Airways has started incorporating Apple Inc. AirTags in its luggage-handling system, saying it expects the new tool to lower costs and more quickly locate wayward bags.

The UK, Japan and Italy formalized their planned venture to build a new generation fighter jet that the countries expect to deliver in a decade.

(Bloomberg) -- It's been a tough year for investors in European aviation, with Boeing Co.'s production woes, engine problems grounding aircraft and the still-sluggish corporate-travel market weighing on the sector.

British Airways owner IAG SA is in discussions with Elon Musk’s Starlink to outfit its jet fleet with Wi-Fi service, reflecting the increasing inroads SpaceX’s satellite internet business is making with major global carriers.