For more than eight decades, the bank has helped foreign customers buy U.S. exports by guaranteeing loans from commercial banks. That has been a profitable enterprise, both for companies — like Boeing and GE — and the federal government.
The Boeing-made bunker-busting bombs are America’s most destructive munitions short of atomic weapons. At 15 tons, each is 5 tons heavier than any other bomb in the U.S. arsenal.
Some critics say that the company hired to search for the plane could have easily missed the wreckage because they say its search ships are misusing sonar devices called “towfish” that are dragged above a ragged seabed that averages a depth of 13,000 feet.
WASHINGTON — As the Justice Department launches an investigation into possible collusion in the airline industry, experts say the government faces the burden of proving that carriers were deliberately signaling business decisions to each other. Airlines routinely increase flights based on demand. A particularly cold winter in the Northeast, for instance, might merit more flights...
Experts have criticized shoddy work, inappropriate equipment use and a focus on speed over thoroughness by the survey company hired to find the Malaysia Airlines plane that vanished in the Indian Ocean on March 8, 2014, with 239 people aboard.
One of the pilots, Andre Borschberg, broke the record for the longest nonstop solo flight on the way to Hawaii.
Jamco America employee Kenneth Ott died a month after a seat-belt air bag exploded in his face last fall.
TAIPEI, Taiwan (AP) — A pilot described by colleagues as nervous and hasty mistakenly throttled down a still-running engine following a glitch with the other engine in an airline crash that killed 43 people in Taiwan in February, flight safety officials said Thursday. A preliminary investigation into the Feb. 4 crash of TransAsia flight GE235...
Passengers — and up to six friends and family — who have an Alaska Airlines Visa Signature Card now get a free checked bag as a permanent card-holder benefit.
WASHINGTON (AP) — The U.S. government is investigating possible collusion among major airlines to limit available seats, which keeps airfares high, according to a document obtained by The Associated Press. The civil antitrust investigation by the Justice Department appears to focus on whether airlines illegally signaled to each other how quickly they would add new...