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US buys Boeing 747s set for Russian Air Force One

Bloomberg The US Air Force reached a deal with Boeing Co. for two 747 jets to serve as Air Force One, taking advantage of an unusual limited-time discount on planes once bound for Russia. “We got a really good deal,” Air Force Secretary Heather Wilson said Friday in an interview. “I’m pleased with that.” The service said the jets, which ...

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Boeing defuses feud with top supplier

Bloomberg Now on opposing sides, Kevin McAllister and Tom Gentile spearheaded talks that over the past few days broke a contract deadlock pitting Boeing against Spirit AeroSystems Holdings Inc., a supplier that used to be part of the Chicago-based planemaker. Spirit surged to a record on news of the tentative pact, which may lead to an even closer tie between ...

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FAA takes ‘advice’ to avoid ‘jets won’t miss runways’

Bloomberg The US Federal Aviation Administration is implementing recommendations it rejected six years ago that could have prevented pilots from nearly landing last month on a taxiway crowded with jetliners awaiting takeoff in San Francisco. The National Transportation Safety Board in 2011 recommended a software upgrade to ground radar systems that would warn when a plane is landing in the ...

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