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American Airlines is buying at least 460 new planes over the next five years in what it calls the biggest airline order in history. And in a victory for Airbus, it's splitting the work between the European plane maker and Boeing....
Beijing, which hopes to compete with Boeing and Airbus, will show off a full-scale mockup of its 156-seat passenger plane at an air show next week. It's getting help from some well-known U.S. companies.
Back in the mid-1980s, Boeing and Airbus avoided a trade war by making a gentlemen’s agreement not to seek government financing to sell planes in each other’s home markets. The deal symbolized an aviation world dominated by the United States and Europe.