Two U.S. Navy aircraft were taking part in an air show in western Idaho on Sunday when they collided in midair.

With the collapse of Spirit Airlines, there's now the question of what happens to the company's assets — especially its aircraft. And it's no ordinary repo operation when an airline goes out of business.

Share Aircraft manufacturer Boeing will make its first major sale to China in nearly a decade with an order for 200 planes, President Donald Trump told reporters on Air Force One on Friday, a deal he said had been made during his summit with China’s President Xi Jinping this week and that could grow to as many as 750 planes.

The deal, which Beijing has not commented on, would be a major win for Boeing, which has lost ground to Airbus in one of the world’s largest aviation markets.

By Shivansh Tiwary and Dan Catchpole May 15 (Reuters) - China has agreed to buy 200 Boeing jets, with a potential for the order to rise to as much as 750 planes, U.S. President Donald Trump told reporters on Friday,

The world’s most expensive warship came home Saturday. And as one retired U.S. Navy commanding officer told me yesterday: “No one knows when she will sail again.” The USS Gerald R. Ford (CVN-78) pulled into Naval Station Norfolk on Saturday,

V2X, Inc. (NYSE: VVX) has been awarded a contract by the U.S. Navy's Naval Air Systems Command to support the Large Aircraft Infrared Countermeasures (LAIRCM) program, a critical system designed to protect military aircraft from infrared-guided missile threats.

CycloKinetics, a US propellant company, has unveiled a new family of superfuels for aircraft, missiles, and rockets that increase fuel performance by 32%. Aimed at the defense market, the fuels could allow vehicles to fly farther while carrying heavier payloads.