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AirAsia’s net income jumps sixfold

  Kuala Lumpur / Bloomberg AirAsia Bhd., Southeast Asia’s biggest budget carrier, reported an almost sixfold jump in quarterly profit amid plans to expand its fleet in a region projected to surpass the US as the world’s biggest air-travel market in two decades, led by China. The Sepang, Malaysia-based company said net income in the quarter through March climbed to ...

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Solar Impulse lands in Lehigh Valley

  Washington / AFP The sun-powered Solar Impulse 2 aircraft landed in the US state of Pennsylvania, completing the latest leg of a record-breaking flight around the world to promote renewable energy. After taking off from Dayton, Ohio early Wednesday, the plane piloted by Swiss explorer Bertrand Piccard arrived at 8:49 pm (0049 GMT Thursday) at Lehigh Valley International Airport after ...

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Lockheed Martin eyes Tata for India warplane deal

  Maryland / Bloomberg Lockheed Martin Corp. is leaning toward the Tata Group as a potential partner to build its flagship F-16 as India looks to modernize an aging fleet of fighter jets. “Naturally we would gravitate to Tata,” George Standridge, Lockheed Martin’s vice president for Aeronautics Strategy and Business Development, said in an interview in New Delhi when asked ...

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