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China's first locally-made airplane carries passengers from Chengdu to Shanghai.

China-Made Aircraft Completes First Commercial Flight

Charissa Echavez   | Jun 28, 2016 09:59 PM EDT

China's locally-made regional jet made its maiden commercial flight on Tuesday (June 28), taking 70 passengers from Chengdu to Shanghai, the operator Chengdu Airlines announced.

Boeing Co. plans to cut up to 8,000 jobs as plane sales battle toughens

Boeing to Cut 8,000 Commercial Plane Jobs to Remain Competitive, Sources Reveal

Charissa Echavez   | Mar 31, 2016 08:32 AM EDT

Boeing Co. is reportedly planning to slash up to 8,000 jobs in its commercial plane section, according to two sources, a move that could cut a $1 billion cost and help against its sales battle with Europe's Airbus.

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