Boeing had announced a further six-month delay for the first flight and initial deliveries of its 787 Dreamliner programme to Air India. A high-level Boeing team will discuss the fallouts with IA, including compensation in the coming week. The revised delays will have a significant impact on IA's growth plan and financial aspect. Apart from compensation, Boeing will also have to factor in the impact of the delay on the carrier's growth plan when computing for the same.
The order, with a cumulative value of $18 billion, is the single largest commercial airplane order in Boeing's history by dollar value.
'Getting married is not a huge priority in my life right now. Nor has it ever been on my bucket list.
Though a formal purchase agreement with Boeing is yet to be signed, SpiceJet's order size could be of 40-50 planes, a source familiar with the development said. At list price, a 737 Max aircraft is valued at about $100 million (Rs 620 crore).
Boeing also won a $4.5-billion contract for 10 C-17 Globemaster III transport aircraft, and will soon start delivery of $3 billion contracts to supply 22 AH-64E Apache attack helicopters and 15 CH-47F Chinook heavy lift helicopters., reports Ajai Shukla.
The government will set up a special purpose vehicle to push ahead with plans to start manufacturing commercial aircraft in India, Civil Aviation Minister K Rammohan Naidu said on Wednesday as he highlighted the potential of the country's fast-growing aviation sector. The Bhartiya Vayuyan Vidheyak Bill 2024, which was passed by the Lok Sabha in August, includes provisions to regulate the design and manufacturing of aircraft, supporting the Aatmanirbhar Bharat initiative for self-reliance.
Of 1,400 pilots the airline has, 200 have quit in the past few months because of salary delays.
India will require 1,740 planes over the next 20 years.
The Boeing website lists the price of a Boeing 737-800 aircraft at $90.5 million.
Defence major Boeing on Monday proposed greater business engagement with India, as Prime Minister Narendra Modi promised the US companies to provide friendlier business environment in the country.
National Aeronautics and Space Administration (NASA) astronaut Nick Hague and Roscosmos cosmonaut Aleksandr Gorbunov will launch no earlier than September 24, on the agency's SpaceX Crew-9 mission to the International Space Station.
The Boeing 787-8, which costs $185.2 million is a long-range, mid-size wide-body, twin-engine jet airliner.
The firm, which aims to double sourcing from India, is looking at partnerships with institutions such as the IITs
The Mahindra Group is an automotive, farm equipment, financial services, trade and logistics and information technology conglomerate.
Boeing Company on Monday said the Indian civil aviation sector would require 856 new commercial jet airplanes worth over $72 billion over the next 20 years.
Such a directive to 'temporarily cease operations' comes after the US Federal Aviation Authority conducted an investigation of an in-flight Boeing 787 battery incident in Japan on Wednesday, which posed a question on a potential battery fire risk in the 787.
A Boeing team of experts would be flying to India to assess the situation arising out of a series of faults in Air India's Dreamliner aircraft, even as the airline insisted that the aircraft is safe.
The carrier expects to restart Dreamliner operations for domestic flights by mid-May, Ajit Singh said.
The 2013 Boeing Pilot & Technician Outlook, a bellwether industry forecast of aviation personnel demand, calls for 192,300 new commercial airline pilots and 215,300 new technicians in the Asia Pacific region through 2032.
"Boeing will reduce the production program's work force by approximately 1,100 jobs through the end of 2012," the company said in a statement.
The expansion of existing airports and development of new airports will continue expeditiously, Finance Minister Nirmala Sitharaman said on Thursday and emphasised that the country's aviation sector has been galvanised in the past 10 years.
India has taken delivery of a Boeing Business Jet for VVIP movement from US-based Boeing Co, for which this happened to be the 100th such aircraft supplied to customers worldwide.
More than five years ago on an April evening, cash-starved Jet Airways announced temporary grounding of operations after flying as a full service airline for 25 years. Since then, more than 20,000 jobs and money worth thousands of crores owed to lenders, vendors and passengers evaporated while awaiting an insolvency resolution. And today, the Supreme Court ordered the airline's liquidation, marking the formal completion of a turbulent journey into the sunset and shattering lean revival hopes.
Investigators found that the aircraft, a Boeing 777-300ER, was flying at its cruise altitude of 37,000 ft south of Myanmar and near an area of developing storms in the afternoon when turbulence started to cause fluctuations between +0.44g and +1.57g for 19 seconds.
BA parent could order around 20 Airbus A350-1000s.
Boeing has started building the first Next-Generation 737 at the increased rate of 42 airplanes per month.
The facility will entail an investment of $100 million.
State-owned Hindustan Aeronautics Ltd would now be producing and assembling 'flaperons' of Boeing-777s which are used for take-offs, landings and manoeuvering of these sophisticated airplanes.
The maiden flight, which is part of a comprehensive flight-test programme leading to its certification and delivery in mid-2014, was for over five hours with a Boeing spokesperson saying here that it was successful.
The Boeing Company has named Lizum Mishra as corporate communications director of Boeing India with headquarters in New Delhi.
The oldest patient at the hospital is 83, while the youngest is a two-year-old child who suffered a concussion.
Boeing, the maker of the Malaysian Airlines aircraft that crashed in eastern Ukraine, on Thursday said it was ready to assist authorities.
Jet Airways, however, has deferred the delivery of seven jets. "There have been no talks with Air India so far for cancellation or deferment for any aircraft. These are difficult times, but no discussions on the deferral is going on with Air India," Boeing India president Dinesh Keskar said.
The entire issue of compensation, including the amount to be claimed and how, has been forwarded to the government for approval, sources said, adding that matter came up for a thorough discussion at the meeting of the Board, sources said.
According to the data on city-based company's website, Boeing received 32 orders for 737s in August 2009 as compared to 36 orders for the planes in the same month a year ago. However, Boeing received just 161 orders for its new planes during January-August 2009, 71 per cent lower than orders booked in the first eight months of last year.
Jet Airways on Tuesday said it will buy 10 aircraft from US-based aerospace major Boeing to expand its international operations.
Boeing has projected a USD 4.5 trillion market for 34,000 new airplanes over the next 20 years as the current world fleet doubles in size, with robust growth in China, India and other emerging markets.
Eyeing potential business opportunity, Boeing Corporation is planning to approach the proposed Tata-Singapore Airlines.
Boeing is likely to vie for the deal to supply 110 fighter jets to the IAF in one of the biggest such procurement in recent years globally which could be worth over USD 15 billion.
Panel of its and govt officials to scrutinise operational record and decide whether to proceed with inducting more Boeing 787s.
