Kuwait's $3bn plane deal aborted
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Kuwait Airways' $3bn order for 19 planes from Aviation Lease and Finance Co fails to get government approval.
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Kuwait's government resigned on Sunday, parliament members said, in a move aimed at thwarting a no-confidence motion against the Gulf Arab country's health minister, a member of the ruling family.
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Â· Bombing reduces majority of ruling coalition to threeÂ· Country in further turmoil ahead of elections
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Australia's Qantas Airways Ltd.  rejected on Wednesday a A$10.9 billion ($8.6 billion) buyout offer from a group led by Macquarie Bank Ltd.  and private equity firm Texas Pacific Group .
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The US halts plan to give foreign investors more control over its airlines, probably delaying an open skies treaty.
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The Kuwaiti firm which has seven truck drivers held hostage in Iraq has decided to halt operations in the troubled country, bowing to the kidnappers' condition for their release, it said.
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The U.N. Security Council imposed sanctions Wednesday on three Kuwaitis who allegedly help finance al-Qaida operations and recruit fighters for the terrorist network, diplomats said.
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Kuwait's government resigned on Sunday, parliament members said, in a move aimed at thwarting a planned no-confidence motion against a health minister who is also a member of the ruling family.
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Kuwait's government resigned on Sunday in a move apparently aimed at thwarting a no-confidence motion against the Gulf Arab country's health minister, a member of the ruling family.
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Saudi Arabia's state news agency says the kingdom is to buy 72 Eurofighter Typhoon jets from the UK for Â£4.43bn.
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Air NZ requested its shares be placed on the halt ahead of a High Court announcement on the airline&#39;s proposed tie-up with Qantas.
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DUBAI, United Arab Emirates -- Kuwait rarely rebuffs its ally, the United States, partly out of gratitude for the 1991 Persian Gulf War. But in October it reneged on a pledge to send three military observers to an American-led naval exercise in the Gulf, according to U.S. officials and Kuwaiti...
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Australia's Qantas Airways Ltd.  rejected a A$10.9 billion ($8.6 billion) buyout offer from a group led by Macquarie Bank Ltd.  and private equity firm Texas Pacific Group , sending its shares down 2.7 percent.
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[India News]: New Delhi, Dec 29 : Breaking new grounds, government today decided to allow private carriers to fly to all international destinations, barring the Gulf and Saudi Arabia, &quot;expand&quot; the network of Indian Airlines (IA) abroad and synergise its
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An amendment to set a timetable for US troop withdrawal was defeated Wednesday.
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The global airline industry stands to incur losses of between $3 billion and $4 billion this year as surging oil prices wipe out any hope of profit created by rising passenger traffic, the International Air Transport Association said
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An Indian air force Mirage-2000 jet crashed, the third French-built warplane involved in a crash since September, officials said.