Airbus on Wednesday increased its estimate of the number of new aircraft needed over the coming two decades as airlines seek more fuel-efficient planes even as it trimmed its forecast for the increase in demand for air travel.

Airbus ups estimate of 20-year demand for new planes

The grounding of the 737 MAX for more than four months after two deadly accidents has tarnished Boeing's reputation, but it still has the confidence of US policymakers.

Is Boeing too big to fail?

United Technologies Corp agreed on Sunday to combine its aerospace business with US contractor Raytheon Co and create a new company worth about $121 billion, in what would be the sector's biggest ever merger.

United Technologies, Raytheon to create $120 billion aerospace and defence giant

Russia staged large-scale aviation drills at the annexed Crimea peninsula this week with crews from Aerospace Forces from four Russian military districts and the Northern Fleet taking part.

Russia stages Airforce drills in annexed Crimea

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