New plan to reduce planes' CO2 emissions

(AP) -- Aviation groups in Europe announced a plan Tuesday to change the way commercial planes land in order to reduce their global-warming emissions of carbon dioxide.

Brazil's Embraer posts net loss for 2018

Brazilian airplane manufacturer Embraer, in the process of a partial takeover by US giant Boeing, announced a net loss of 669 million reais ($183 million) for 2018.

Airbus sells 65 jets to SMBC Aviation Capital

Aircraft leasing company SMBC Aviation Capital has finalised an order for 65 Airbus planes from the A320neo family with a catalogue price of $7.47 billion (6.6 billion euros), Airbus said Monday.

Boeing flies past Airbus with 2018 aircraft deliveries

Boeing reported record commercial plane deliveries for the second straight year on Tuesday and although short of the company's forecast the figures still beat those of Boeing's European rival Airbus.

China 'needs 4,960 planes by 2031'

China will need 4,960 commercial planes over the next 20 years, representing a value of $563 billion, the official Xinhua news agency said Tuesday, as air travel demand is expected to increase.

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