Travel and leisure stocks gained 1.1%, led by a 6.9% jump in Ryanair after it reported expectation-beating earnings for the past year.

Airbus could steal the Paris air show with a flypast of its newest passenger jet, the A350, as confidence grows over a maiden flight some four weeks away.

Ryanair reported record profits as Europe's largest budget airline relentlessly expanded its route network.

The planes are returning after being grounded because of smoldering batteries on 787s owned by other airlines.

Hope is fading for a global deal to regulate the airline industry's greenhouse gas emissions.
Setbacks and breakthroughs in aviation

Legislation opens ports to more private capital, lifts restrictions on private ports in bid to eliminate bottlenecks impeding export growth.

European aerospace company EADS credited higher earnings to strong deliveries by airplane maker Airbus.

Sales in the first quarter rose 9% to $8.36 billion as 2013 sales outlook was raised to between $32.6 billion and $34 bln

CEO says firm adapting despite 10 days of industrial action, weak economic situation in Spain.

The Canadian aircraft maker says its CSeries jetliner will make its first flight in June as it reported a 25% jump in first-quarter revenue.
Setbacks and breakthroughs in aviation