Airbus says net profit soared in 2014

PARIS (AP) — Airbus says its net profit soared 59 percent last year as a record-high number of jet deliveries helped offset a 551 million euros end-of-year charge against its delayed A400M military transporter program. The European jet maker said Friday it made a 2.34-billion-euros ($2.62 billion) net profit in 2014, up from 1.47 billion...

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FAA: Southwest for now can use planes that missed inspection

DALLAS (AP) — Federal officials have agreed to let Southwest Airlines Co. keep flying planes that missed an inspection of a backup rudder system if the planes are checked in the next five days. Southwest grounded 128 planes — about one-fifth of its fleet — on Tuesday after discovering the missed inspections. Southwest spokeswoman Brandy...