Page 97 - Aer News Today

Israel has agreed to sell air defense systems to the Czech Republic in a deal worth $520 million, Israel's Defense Ministry said on Tuesday.

A group of French senators including a former defence minister will visit Taiwan this week, the island's Foreign Ministry said on Tuesday, with the visit coming at a time of soaring tensions between Taipei and Beijing and despite China's opposition.

Aerospace and defense firm General Dynamics Corp has launched two new Gulfstream aircraft, as it looks to tap a rebound in demand for business jets after the pandemic shrunk orders.

The head of Dubai airline Emirates piled pressure on planemaker Boeing on Tuesday over delays to its 777X jetliner, warning that the uncertainty would cause significant disruption for one of the world's biggest carriers.

Russia said on Monday it had successfully test launched a Tsirkon (Zircon) hypersonic cruise missile from a submarine for the first time, a weapon President Vladimir Putin has lauded as part of a new generation of unrivalled arms systems.

British oil services company Petrofac was fined 77 million pounds ($105 million) on Monday and a former executive received a two-year suspended sentence after both pleaded guilty to bribery in Iraq, Saudi Arabia and the United Arab Emirates.

Israel Aerospace Industries (IAI) said on Monday it signed a deal to convert Airbus A330-300 aircraft from passenger to freighter configuration for Avolon, the world’s third largest aircraft leasing business.

China blamed the United States on Monday for increased tensions over Taiwan, as the island fingered Beijing as the "chief culprit" after reporting the largest ever incursion by China's air force into its air defence zone at 56 aircraft.

Global airlines agreed on Monday to step up plans to tackle climate change as they face mounting pressure from regulators and environmental groups over the impact of billions of extra passengers expected to take to the skies in coming decades.

Indonesia and Australia agreed to deepen security ties during a ministerial meeting on Thursday, with discussions underway towards enabling joint military training in Australia and participation in its defence academies.