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Cargo Plane Catches Fire In Memphis

The NTSB is on the scene at Memphis International Airport (TN) after a FedEx MD-10-10 caught fire upon landing. One of the seven crew members on board was slightly hurt. "It was an incident upon landing," said Jim McCluskey, a spokesman for FedEx. "I don't think I'd classify it as a crash."

What Did They Know? When Did They Know It?

There's a storm building over Washington, as the commission investigating the attacks on New York and Washington finds evidence that the Bush administration could have -- should have -- prevented the aerial assaults. CBS Evening News Wednesday quoted former New Jersey Gov. Tom Kean, a Republican who was appointed by President Bush, as saying, "This was not something that had to happen" and he "is now pointing fingers inside the administration and laying blame." Kean said, "There are people that, if I was doing the job, would certainly not be in the position they were in at that time because they failed. They simply failed."

Government Probe Could Push Boeing's Tanker Deal Over Budgetary Horizon

The Pentagon has now pushed back a deal to lease and purchase 100 Boeing 767 aircraft to be used as refueling tankers because of the ongoing investigation into just how the world's biggest aircraft manufacturer got the job. DoD Comptroller-General Dov Zakheim, told the London Financial Times, "It doesn't make much sense to put dollars in for a program that is under investigation."

Boeing Releases Independent Reviews of Company Ethics Program

Boeing Thursday released part one of a report examining the company’s ethics program and its rules and procedures for the treatment of competitors’ proprietary information. The Boeing board of directors initiated this exam by the independent team, led by former Senator Warren Rudman, last July.

And Now, The Government Gets Into The Act

ACA says anti-trust officials at the Justice Department are investigating Mesa Air Group to determine whether Mesa's proposed acquisition of Atlantic Coast Airlines violates anti-trust laws.

Gemini Air Cargo Restructures

Gemini Air Cargosays it's wrapped up new financing and corporate restructuring with its bank group, aircraft lessors, maintenance provider and equity holders. The terms of the restructuring include the forgiveness of bank term debt, the adjustment of aircraft lease and maintenance rates to reflect current market conditions, the return of certain leased aircraft and the infusion of cash by the Company's majority stockholder, The Carlyle Group.

Virus + Commercial Airplane = Another SARS Outbreak?

It's an equation that could spell another outbreak of the deadly SARS virus, but government and airline officials in Taiwan are moving quickly to keep that from happening.Two people exposed to the SARS virus, which killed more than 800 worldwide after it burst upon the world stage last winter, boarded a commercial flight for the United States before they knew they might have been infected. That could have exposed the other passengers on board the flight were exposed as well.