Bidding for a $35 billion Air Force contract to replace aerial refueling tankers is about to begin for the third time in a decade, and the chief rivals are girding for the fight.
A decision to prolong discussions about the A400M has fanned hope at EADS, the European aerospace giant, that the troubled plane might get back on track.
Quarterly profit at European Aeronautic Defense and Space was hurt by a significant charge for a stalled military freight plane and fewer deliveries of commercial Airbus jets.
An airline industry group said that it had doubled its estimate of losses for this year as the economic crisis continued to shrink passenger and freight traffic.
Mr. Helgason was an Icelander whose pioneering “hippie airline,” then called Icelandic, made low-cost air travel to Europe possible for a generation of Americans.
The Italian airline agreed to sell a minority stake to Air France-KLM, cementing ties with the airline just a day before Alitalia takes to the skies as a leaner airline.
The airline industry is expected to have collective losses of $2.5 billion in 2009 thanks to a drop in fuel prices, according to a forecast from an airline trade association.
The struggling state-owned Italian airline Alitalia, which is trying to clear the way for a sale to private investors, said Friday that it had filed for bankruptcy protection.
Lawmakers voted to allow undocumented migrants to be held in detention centers for up to 18 months and banned from European Union territory for five years.
Noël Forgeard, the former co-chief of European Aeronautic Defense & Space, was detained by the French police for questioning related to an insider trading investigation.
Noël Forgeard, the former co-chief executive of European Aeronautic Defense & Space, was detained by the French police for questioning related to an insider trading investigation.
The European plane maker announced another delay in deliveries of its A380 superjumbo, a report that came as no surprise to a market jaded by overambitious promises from manufacturers.