A NEW US Air Force satellite will provide the first full-time, space-based surveillance of hundreds of satellites and thousands of pieces of debris that could crash into American and allied assets circling Earth.

Boeing Co’s giant 747-8 freighter – the biggest plane the company ever built - successfully completed its first flight, a year later than originally planned.

Wall Street ended an erratic session with a modest advance as investors awaited further signs about the health of the economy.

Wall Street ended an erratic session with a modest advance today as investors awaited further signs about the health of the economy.

A cautious stock market finished the session mixed in the US today as a troubling top-level management shake-up at Boeing Co pressured blue chips, while technology shares saw strong buying.

Airbus SAS, the world’s biggest planemaker, will win approval from its parent to invest $3.3 billion in developing a 250-seater jetliner to compete with a new model from Boeing Co, said people familiar with the matter.

US aircraft maker Boeing Co said it has selected Messier-Dowty, the Gloucester-based business owned by France's state-owned Ste Nationale d'Etude et de Construction de Moteurs d'Aviation, to provide the main and nose landing gear for the planned 7E7 fuel-efficient passenger plane, also known as "Dreamliner".

Wall Street shot higher today after the Federal Reserve’s decision to leave rates unchanged bolstered investor confidence that the US economy will rebound strongly.

Chief Financial Officer of Boeing Co, Mike Sears said he believes the civil aviation sector will remain depressed until 2005.

AIRBUS SAS and Boeing Co, the world’s two biggest planemakers, won orders from Emirates, the Middle East’s fastest-growing airline, for 67 new planes, which the carrier valued at as much as $19 billion.

Federal Express Corp has said a Wall Street Journal report that it is about to order 10 Airbus Industrie A380 aircraft is pure speculation at the current stage.