Boeing speeds up plants for soaring demand, but can it deliver?

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EVERETT, Washington - As director of 777 manufacturing at Boeing Co , Jason Clark is busy overseeing more than 3,000 factory workers who build seven of the $300 million airliners every month.

Boeing speeds up plants for soaring demand, but can it deliver? 5:57pm EDT

EVERETT, Washington - As director of 777 manufacturing at Boeing Co , Jason Clark is busy overseeing more than 3,000 factory workers who build seven of the $300 million airliners every month.

Greece's Aegean Airlines to buy rival Olympic Air 1:09pm EDT

ATHENS - Greece's Aegean Airlines is making a fresh attempt to buy Olympic Air, this time for an agreed 72 million euros, in a bid to generate savings to cope with the country's deep recession and create a stronger domestic competitor to foreign rivals.

EBU says Syria suspected of jamming satellite broadcasts 9:24am EDT

GENEVA - Syria is suspected of jamming broadcasts by the BBC, France 24, Deutsche Welle and the Voice of America, the European Broadcasting Union (EBU) said in a statement on Monday, citing satellite operator Eutelsat.

Aegean Airlines in talks to buy Olympic -sources 8:39am EDT

ATHENS - Aegean Airlines is in talks to buy domestic rival Olympic Air as the two Greek carriers look to consolidate to cope with the country's deep economic downturn, two sources close to the airlines said.

Air France wants Air Berlin alliance change: paper 8:19am EDT

FRANKFURT - Air France wants Air Berlin to join its SkyTeam alliance of airlines around the world and abandon its membership of the rival oneworld grouping, according to a newspaper interview with the French carrier's chief executive.

Airbus may hike A350-1000 output in "mini-jumbo" battle 8:19am EDT

PARIS - Airbus is looking at increasing planned production for the largest member of its A350 family to power its next important struggle with Boeing for a lucrative corner of the jet market, two people familiar with the matter said.

Serbia looks at forming new airline, seeks 12 Airbus planes 5:47am EDT

BELGRADE - Serbia is looking at the idea of carving a new airline out of the loss-making JAT Airways business, with the government to help with the leasing of new aircraft from EADS's Airbus , Finance Minister Mladjan Dinkic told local newspaper Blic.

Turkish Airlines to buy up to 20 Boeing B777-300ERs by 2017 3:49am EDT

ISTANBUL - Turkish Airlines has decided to buy 15 Boeing B777-300ERs by 2017 with an option to buy five more, it said in a statement on Monday.

Raytheon wins U.S. army contract potentially worth $131 million 21 Oct 2012

NEW YORK - Raytheon Co has won a new contract to supply the U.S. army with thermal weapon sights in a deal potentially worth $131 million, the company said in a statement on Sunday.

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