Workers assemble an aircraft jet engine August 23, 2006 at the Rolls-Royce aircraft engine factory in Berlin, Germany. (Photo by Sean Gallup/Getty Images)

The British engine manufacturer Rolls-Royce announced that it suffered a GBP 4.6 billion ($5.74 billion) pre-tax loss for 2016  financial year, a 49% dropped compared to 2015, due to the cost of corruption penalties and the impact of Brexit on the pound.

The company said that its reported results also included a GBP 671 million ($837.46 million) charge for financial penalties from agreements with investigating authorities in connection with historic bribery and corruption involving intermediaries in a number of overseas markets.


French President Jacques Chirac and Chairman and CEO of Airbus, Noel Forgeart are seen in the A380 aircraft, 13th of June 2005 in Le Bourget France. (Photo by Pascal Le Segretain/Getty Images)

Airbus’ A380 production saw another challenge as one of its customers, Air France, has recently changed its remaining order for two new Airbus A380 superjumbos to three lighter twinjet A350s. Air France originally ordered twelve A380 aircraft and the cancellation had been expected after the change was flagged in March 2016. The remaining ten aircraft are already in operation.

Lately, airlines tend to replace large four-engined aircraft like the A380 to smaller and newer jets like the A350 and Boeing 787, making the former aircraft‘s demand wane.


One of Boeing's B787 final assembly facilities in Everett, Washington (Photo by Boeing)

In this week, Boeing company planned to roll out the latest member of its lineup, the B787-10. The largest variant of the Dreamliner Family will be launched on the 17th of February 2017 at its facility in North Charleston, South Carolina (USA).

The new airplane will undergo the flight test this year and will be delivered to airline customers starting in 2018. First deliveries are planned for the launch customer Singapore Airlines (SIA).


Former Spitfire pilot Ray Roberts is flown in a MK-9 Spitfire during the 100th anniversary celebrations at London Biggin Hill Airport, Bromley, England. (Photo by Leon Neal/Getty Images)

Celebrating its 100th anniversary of London Biggin Hill airport, a 100-year old WWII veteran Ray Roberts made a demo flight on an MK-9 Spitfire. Piloted by Peter Kynsey, in the rear cockpit of the Spitfire was Roberts who flew Spitfires with the RAF and ATA during WWII. Roberts is a former Spitfire pilot who took part in the Battle of Britain.


Logistics Specialist Seaman Colin Pieters prepares to put chock and chains on an MH-60S Sea Hawk helicopter on the flight deck of USS Coronado. (Photo by M. Ressler/ US Navy)

The US Navy’s independence-class Littoral Combat Ship (LCS) USS Coronado (LCS-4) is currently in Brunei Darussalam’s territory for an official visit. The ship is in Brunei for the first time, and is in the region as part of its scheduled rotational deployment to the Indo-Asia-Pacific region, Borneo Bulletin reported.


Jon Beam on duty (Photo by Jimmy McGuire/ Wyoming Army National Guard)

Air Traffic Controller Jon Beam communicates with the 153rd Airlift Wing's C-130 H taxiing on the tarmac at the Guernsey airport. The plane is transporting members of the Wyoming Leadership Institute to a tour of Camp Guernsey Joint Training Center. Wyoming Military Dept. has Camp Guernsey in the spotlight all month.  


Royal New Zealand Air Force C-130 Hercules on 17th of February 2017 in Christchurch. (Photo by Kai Schwoerer/Getty Images)

The Royal New Zealand Air Force C-130 Hercules aircraft delivered almost 15 tonnes of fire retardant material to help in controlling the Christchurch fires, which have been raging since Monday 13th of February 2017.