EU loses latest round in spat with US over Airbus and Boeing aid

The European Union suffered a blow in its lengthy spat over airplane maker subsidies on Thursday when the World Trade Organization (WTO) said that the bloc had failed to stop its subsidized...

Boeing wins contract for initial work on new US presidential jets

The US government is in the process of renewing Air Force One, revealing this week that US aviation giant Boeing has won an initial contract toward building the next presidential planes.