NEWS SFO Investigates Airbus For Corruption

Airbus Group (EADSF.PK, EADSY.PK) announced the company has been informed by the SFO that it has opened a criminal investigation into allegations of fraud, bribery and corruption in the civil aviation business of Airbus Group relating to irregularities concerning third party consultants. Airbus Group stated that it continues to cooperate with the SFO on the investigation.…

NEWS Virgin Galactic gets its spaceship license

Virgin Galactic is one step closer to making us all space tourists: it just received its operator license from the US Federal Aviation Administration’s Office of Commercial Space Transportation (FAA-AST). To get the paperwork, which allows Virgin Galactic to use its ship for commercial operations. The FAA looked into the vehicle’s system design, safety features…