Airlines Manufacture and Industry : Boeing Jet Sales Drop in 2008

After posting record sales in 2007, the Boeing Co. saw its order book decline roughly 50 percent last year as demand for aircraft cooled. Read more

China Moves to Bail Out Aviation Industry Amid Global Crisis

China announced Friday a huge loan package for its main aircraft maker and tax breaks for its airlines, as further evidence emerged of the industry’s troubles amid the global economic crisis.
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China’s Struggling Airlines Get Tax Break

China is taking new steps to shore up its aviation industry amid global economic turmoil, giving struggling airlines a $360 million tax break and $26 billion in loans to its main aircraft maker, state media said Friday. Read more