The delivery follows that last week of two Boeing Dreamliner aircraft as part of a £10bn British Airway's plan to upgrade its long-haul fleet

One of BP’s top executives has emerged as a surprise candidate to become the next chairman of British Gas owner Centrica.

The Airbus A350, Europe's answer to Boeing's Dreamliner, took to the air for the first time yesterday, making its maiden flight out of Toulouse where it is assembled.

More Airbuses for Singapore Airlines  

Mark King had been considered a “rising star” of company’s leadership team

British Airways has ordered 18 new Airbus A350 aircraft as part of a move to phase out a fleet of 30 Boeing aircraft over the next 10 years.

The Government will drive £2.5bn of investment into key industries such as aerospace, cars and agricultural technology over the next seven years in an attempt to put Britain at the forefront of global manufacturing.

The£24bn UK aerospace industry will receive a welcome boost tomorrow when a government-led investment plan worth hundreds of millions of pounds is due to be announced by Deputy Prime Minister Nick Clegg.

Hundreds of graduates and employees are to be offered the chance to study for Masters degrees in aerospace engineering, it was announced today.

Essar sees refining margins rise

Boss reports 8% rise in earnings

Battery rethink for Dreamliner

The contract with BAE Systems will safeguard 3,000 skilled jobs at Barrow in Cumbria

In times of austerity nothing is sacred. Not even defence budgets. In the US, the Obama administration plans to axe troops and in the UK the Ministry of Defence has to lay off 54,000 service people to cut expenditure by around £4bn.