BERLIN—An alliance of airlines and airports called for changes to the European Union’s planned climate change legislation on Monday, arguing it will make them less competitive with non-European rivals. Taking aim at aviation, a sector deemed responsible for up to 3 percent of global emissions, the European Union presented plans last July that foresee stricter…
Lufthansa, Air France Join Forces Against EU’s Climate Plans for Aviation
US Criticizes China for Canceling Flights Over COVID-19 Cases
January 14, 2022
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The Biden administration slammed Beijing for scrapping dozens of scheduled U.S.-to-China flights after passengers tested positive for COVID-19, citing “inconsistent” commitments. “China’s actions are inconsistent with its obligations under the U.S.-China Air Transport Agreement,” a spokesperson of the U.S. Department of Transportation said on Jan. 13. “We are engaging with the [Chinese government] on this…
A Private Aircraft Is the Key to Ultimate Freedom, but What’s the Best Way to Own It?
Whenever the conversation turns to personal freedom, two things invariably come up: owning a yacht and having a luxurious jet or turboprop aircraft at your immediate disposal. But what are the realities of these dreams? The answer depends in large part on how you define “own.” Just as luxury yachts are commonly owned by an…
GE Investors Hope Split Remedies Years of Lackluster Performance
November 12, 2021
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NEW YORK—With General Electric’s (GE.N) decision to break up into three separate companies, investors who have held the stock through a long, troubled period may be hoping the move will give the conglomerate’s underperforming shares a jolt. The 129-year-old industrial conglomerate announced on Tuesday it would split into three businesses focusing on aviation, energy and…
US Offers $184 Million to 158 Aviation Manufacturing Firms
November 11, 2021
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The U.S. Transportation Department will announce on Monday it is offering an additional $184 million in payroll assistance to 158 more aviation manufacturing businesses. In September, the department offered $482.3 million to 313 aviation manufacturing businesses. The new offers include $17.5 million to BAE Systems Controls and about $13 million to both Airbus’s U.S arm…
Chinese Spy Convicted of Conspiracy to Steal Cutting-Edge US Aviation Technology
November 5, 2021
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A jury in Cincinnati has convicted a Chinese intelligence agent over his role in a scheme to recruit spies and steal sensitive American aviation technology for Beijing. Xu Yanjun, a deputy division director at the Chinese Ministry of State Security, Beijing’s top intelligence agency, was found guilty on all four counts, including conspiring to and…
FBI Unit Head Testifies Against Chinese Agent Accused of Recruiting Spies to Steal US Aircraft Tech
November 3, 2021
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The head of the FBI counterintelligence unit in southern Ohio testified in the espionage trial of Xu Yanjun, a Chinese agent accused of recruiting spies to steal tech from U.S. aviation companies, reported media WCPO. FBI supervisory special agent Bradley Hull told a U.S. District Court in Cincinnati on Monday that Chinese agents had downloaded 200…
Chinese Agent Downloaded 200 Family Photos of GE Engineer in Bid to Recruit Them to Steal US Tech, FBI Agent Testifies
November 3, 2021
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The head of the FBI counterintelligence unit in southern Ohio testified in the espionage trial of Xu Yanjun, a Chinese agent accused of recruiting spies to steal tech from U.S. aviation companies, reported media WCPO. FBI supervisory special agent Bradley Hull told a U.S. District Court in Cincinnati on Monday that Chinese agents had downloaded 200…
Historic Trial Begins Against Chinese Agent Accused of Recruiting Spies to Steal US Aircraft Tech
October 24, 2021
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A historic federal espionage trial against a Chinese intelligence agent started in Cincinnati, Ohio on Oct. 18. The agent, named Yanjun Xu, has been charged with recruiting spies to steal tech from U.S. aviation and aerospace firms. According to the prosecutors, the Chinese regime was attempting to steal know-how from American aircraft companies, particularly from…
Chinese Agent Accused of Recruiting Spies to Steal US Aircraft Tech Stands Trial
October 24, 2021
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aviationChinaChinese RegimeCrime and IncidentsInfiltrating the WestSpecial Topicstech WartechnologythefttrialUSUS NewsUS-China relations
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A historic federal espionage trial against a Chinese intelligence agent started in Cincinnati, Ohio on Oct. 18. The agent, named Yanjun Xu, has been charged with recruiting spies to steal tech from U.S. aviation and aerospace firms. According to the prosecutors, the Chinese regime was attempting to steal know-how from American aircraft companies, particularly from…
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