Justice Department opposes AMR's $20 million severance for CEO Horton

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- A plan by American Airlines' parent to exit bankruptcy and merge with US Airways Group is coming under fire from the U.S. Department of Justice over nearly $20 million in severance pay earmarked for outgoing boss Tom Horton.

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Justice Department opposes AMR's $20 million severance for CEO Horton 4:33pm EDT

- A plan by American Airlines' parent to exit bankruptcy and merge with US Airways Group is coming under fire from the U.S. Department of Justice over nearly $20 million in severance pay earmarked for outgoing boss Tom Horton.

BA jet makes emergency landing after engine fire 2:01pm EDT

LONDON - A British Airways plane with 80 people on board made an emergency landing at London's Heathrow airport on Friday after the right engine burst into flames shortly after take-off and the casing ripped away from the left. | Video

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UK fighters escort Pakistan plane to airport, two arrests 1:49pm EDT

LONDON - British fighter jets escorted a Pakistan International Airlines passenger plane to Stansted Airport near London on Friday, where police went on board and arrested two men on suspicion of endangering an aircraft.

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AirAsia may order 50 more Airbus jets: CEO 11:20am EDT

MONACO - Asia's largest budget carrier, AirAsia , may order an additional 50 Airbus A320 jets on top of its existing record order for 475 of the Airbus model, Chief Executive Tony Fernandes said on Friday.

Threats made aboard diverted Pakistan plane: passenger 10:39am EDT

LONDON - A passenger aboard a Pakistan International Airlines plane flying from Lahore to Manchester that was diverted under military jet escort to Stansted, northeast of London on Friday said someone had made threats against its crew.

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Passengers leaving Pakistani jet in Britain, no one injured 10:30am EDT

LONDON - Passengers were disembarking from a Pakistan International Airlines jet diverted to London's Stansted Airport on Friday and no one has been hurt, an airport spokesman said.

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UK source says appears Pakistani plane not subject of terror attack 10:10am EDT

LONDON - A British security source said early indications suggested that a Pakistan International Airlines plane diverted from Manchester to Stansted Airport on Friday was not the subject of a terror attack.

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British police arrest two men on diverted Pakistan flight 10:10am EDT

LONDON - British police arrested two men on a Pakistan International Airlines flight on Friday on suspicion of "endangerment of an aircraft" after it was escorted to a different airport by fighter jets.

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U.S. sees first drop in F-35 costs; other programs steady 23 May 2013

WASHINGTON - The Pentagon on Thursday told Congress it expected a 1 percent drop in the cost of its biggest weapons program, the Lockheed Martin Corp. F-35 fighter jet, while averting the huge cost increases seen on other weapons programs in recent years.

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