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Boeing (NYSE: BA ) extended its sales lead over archrival Airbus (NASDAQOTH: EADSY ) in December. In its latest update on airplane orders, released last week, Boeing confirmed that 2014 "gross" orders for commercial aircraft reached 1,423 by mid-December, versus 1,328 planes for Airbus (at last report). After cancellations -- 106 at Boeing, but nearly three times as many at Airbus -- the U.S. aircraft maker's lead over its European rival only got bigger. This is good news for Boeing -- but, as we'll see in a moment, it might be bad news for one of Boeing's favorite customers: the...

An Indonesian official says objects have been spotted in the sea by an Australian search plane hunting for the missing AirAsia jet. Jakarta's Air Force base commander Rear Marshal Dwi Putranto said he has been informed that an Australian Orion aircraft had detected suspicious objects near Nangka island, about 160 kilometres southwest of Pangkalan Bun, near central Kalimantan - 1120 kilometres from the location where the plane lost contact

Anna Kooiman asked former FAA spokesperson Scott Brenner if the “real reason” the AirAsia plane had disappeared was because of the “different way other countries train their pilots"

It’s been a rough year for Kuala Lumpur-based airlines, but AirAsia’s response to the loss of an airliner over the Java Sea has been miles ahead of Malaysia Airlines. Darkness and bad weather forced the suspension of a massive search and rescue operation for AirAsia Flight QZ8501, which disappeared Sunday over the Java Sea as it flew from Surabaya, Indonesia, to Singapore. Distraught relatives rushed to airports for news about the missing aircraft, an Airbus A320-200 carrying seven crewmembers and 155 passengers, including 16 children, one of them an infant—162 people presumed lost. Singapore and Indonesia authorities searched the heavily...

The disappearance Sunday of AirAsia Flight 8501 was the third air incident this year involving Malaysia, where budget carrier AirAsia in based. Here's a look at the two other disasters, as well as the latest missing flight, which went missing with 162 people aboard less than an hour after taking off from Surabaya, Indonesia, for Singapore. The disappearance of the Malaysia Airlines Boeing 777 on March 8 triggered one of modern aviation's most perplexing mysteries. Flight 370, carrying 239 people from Kuala Lumpur to Beijing, vanished without a trace, sending searchers across vast areas of the Indian Ocean. An initial...

HOURS after the disappearance of QZ8501, aviation experts are already comparing the incident with the yet to be solved mystery of MH370. Like MH370, the AirAsia Indonesia flight disappeared from radars and made no further communication with Air Traffic Control early into the flight from Surabaya to Singapore. ...

An AirAsia flight travelling from the Indonesian city of Surabaya to Singapore has lost contact with air traffic control, the company has said. Indonesian media say more than 160 people were on board the Airbus A320-200. The aircraft, flight number QZ8501, lost contact with air traffic control at 07:24 (00:24 GMT), AirAsia tweeted.

Air Asia flight QZ8501 lost contract with Air Traffic Controllers in Jakarta at 6:17am local Sunday morning. The Airbus A320 was traveling from Surabaya, Indonesia to Singapore. There are reports that there are 155-152 passengers on-board the aircraft. Transport Ministry official Hadi Mustofa reports that the aircraft was asking to descend to a lower altitude due to turbulence, and it asked for an “unusual route before” it lost contact with ATC. UPDATE at 10:50 PM ET: AirAsia has released the following statement: AirAsia Indonesia regrets to confirm that flight QZ8501 from Surabaya to Singapore has lost contact with air traffic...

CBS NEWSDecember 27, 2014 Air Traffic Controllers Lose Contact With AirAsia Plane Indonesian officials said air traffic controllers lost contact with an AirAsia flight from Indonesia to Singapore, Reuters reported late Saturday. Transport Ministry official Hadi Mustofa told Indonesian media air traffic controllers in Jakarta last heard from Flight QZ 8501, enroute from the Indonesian city of Surabaya to Singapore, at 6:17 a.m. local time. Mustofa said the pilots had asked for an unusual route before it lost contact, according to Reuters.

An Air Asia plane travelling from Surabaya, Indonesia to Singapore has lost contact with air traffic control, Indonesia's Metro TV reported on Sunday. - See more at: SNIP ...He said the plane had asked for an unusual route before it lost contact, Reuters reported. There are reportedly 162 people on board.