South Korea on Monday selected Korea Aerospace Industries (KAI) and partner Lockheed Martin for a multi-billion-dollar contract to develop 120 "indigenous" fighter jets to replace Seoul's ageing fleet.
European aircraft manufacturing consortium Airbus has announced full support to the probe into the disappearance of the AirAsia flight QZ8501 while it was flying from Indonesia to Singapore Sunday, with 162 passengers on board.
The AirAsia aircraft that went missing on Sunday on its way to Singapore from Surabaya in Indonesia was delivered to its operator in 2008 and had recorded 23,000 flight hours on 13,600 flights, manufacturer Airbus said in a statement.
Europe`s Airbus has ordered more frequent inspections of the wings of the world`s largest passenger jet after discovering unexpected levels of metal fatigue during testing on an A380 factory mock-up, industry sources said on Thursday.
Airbus`s next-generation A350 plane took off its first test flight on Friday, in a milestone for an airliner that the firm hopes will challenge Boeing`s 787 Dreamliner in the lucrative long-haul market.