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Korean peninsula draws range of military drills in show of force against North Korea

BEIJING/SEOUL The U.S. military staged bombing drills with South Korea over the Korean peninsula and Russia and China began naval exercises ahead of a U.N. General Assembly meeting on Tuesday where North Korea's nuclear threat is likely to loom large. | Video

Airbus looks to China for A380 jumbo amid sluggish global sales

BEIJING Chinese airlines could need between 60 and 100 Airbus A380 jets over the next five or so years as passenger traffic grows, the plane maker's China head said on Tuesday, amid rising questions over future demand for the super jumbo.

China's COMAC says signs 130 orders for C919 passenger jet

BEIJING China's Commercial Aircraft Corp of China Ltd (COMAC) [CMAFC.UL] on Tuesday signed 130 new orders for its C919 passenger jet with four Chinese leasing firms, after the plane took its maiden flight in May this year.

Exclusive: U.S. defense firms want control over tech in Make-in-India plan

NEW DELHI U.S. defense firms offering to set up production lines in India to win deals worth billions of dollars want stronger assurances they won't have to part with proprietary technology, according to a business lobby group's letter to India's defense minister.

Threats cannot help resolve Korean peninsula situation, China says

BEIJING Threatening action or rhetoric cannot help resolve the situation on the Korean peninsula, China's foreign ministry said on Tuesday, after U.S. Defense Secretary Jim Mattis hinted about the existence of military options on North Korea.

Ryanair CEO takes rap for costly cancellations 'cock up'

DUBLIN Ryanair boss Michael O'Leary admitted on Monday to a "cock up" over pilot shortages that led him to cancel flights and disrupt the plans of hundreds of thousands of travelers in his bid to improve the budget airline's punctuality. | Video

Austrian minister says Airbus settlement still possible in lawsuit

VIENNA Austria's defense minister said on Tuesday he stands by his legal complaint against Airbus about allegations of fraud over a $2 billion fighter deal but still considers an eventual out-of-court settlement an option.

UK's May to press Trump this week on Boeing/Bombardier dispute

OTTAWA British Prime Minister Theresa May said on Monday she would press U.S. President Donald Trump this week about a trade challenge by Boeing Co that could endanger thousands of aerospace jobs in Northern Ireland.

Boeing rebuffs Canada PM Trudeau's criticism of U.S. trade challenge

NEW YORK Boeing Co on Monday rebuffed criticism of its trade challenge to rival plane maker Bombardier Inc, countering earlier comments by Canadian Prime Minister Justin Trudeau.

Northrop Grumman to buy missile maker Orbital for $7.8 billion

U.S. defense contractor Northrop Grumman Corp said on Monday it would buy Orbital ATK Inc for about $7.8 billion in a deal that gives it greater access to lucrative government contracts and expands its arsenal of missile defense systems and space rockets. | Video

Ryanair, Norwegian Air end talks on flight connections

DUBLIN/OSLO Budget airlines Ryanair and Norwegian Air Shuttle have halted talks on a flight connection agreement, both companies said on Monday.