Hunt on for missing AirAsia jet likely to be 'at bottom of sea'

The AirAsia aircraft that went missing after taking off from Indonesia with 162 people on board may be at the bottom of the sea, a top Indonesian official said on Monday, as the multinational......

AirAsia QZ8501: Relatives of 162 passengers wait anxiously for news of missing plane

Family members of passengers on board AirAsia flight QZ8501 talk on their phones while waiting for information inside a crisis centre at Juanda Airport in East Java. Photograph: Suryanto/ Reuters......

China misses its chance with India

The only sure rule in analysing China-India relations is never to take what is apparent as real. In the weeks preceding the April 9-12 visit of Chinese premier Wen Jiabao to India, there were......

Airbus on track to double profit margins by 2015 - CEO

Airbus is on track to more than double its profit margins by 2015, partly by giving more autonomy to local production managers to boost efficiency, Chief Executive Fabrice Bregier told the Wall......

Kingfisher to buy 50 Airbus aircraft

The Vijay Mallya-owned Kingfisher Airlines has agreed to purchase up to 50 aircraft from Airbus. A memorandum of understanding to this effect was signed by Vijay Mallya, chairman, UB Group (the......