Bloomberg In the world of multibillion dollar defense contracts, India stands out. Home to one of the biggest armed forces on the planet, the country has an uneasy co-existence with neighbours Pakistan and China. Its rapidly aging fighter jets make it a lucrative potential prize for the likes of Lockheed Martin Corp. and Boeing Co. While India wants to upgrade ...

Bloomberg Britain will impose a 5 kilometer (3.1 mile) drone exclusion zone around its runways as the government responds to illegal incursions that closed London Gatwick airport for 36 hours in December, disrupting travel for more than 120,000 people. The measures, taking effect March 13, extend the current 1-kilometer no-fly zone for unmanned and model aircraft, the Department for Transport ...

Bloomberg Air France-KLM Group’s French pilots approved a pay deal, putting an end to last year’s labour conflict and handing Chief Executive Officer Ben Smith more freedom to define his new strategy. The accord, hammered out during months of talks between management and unions, was approved by 85 percent of pilots, the SNPL union said in a phone message. It ...