Commercial flights may also help Boeing's bottom line on a rare, fixed-price, government-backed development program.
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.
Seeking to assuage pilot shortage concerns, Akasa Air's chief executive Vinay Dube on Friday said the carrier has sufficient pilots and flyers should not expect any flight cancellations. "We have plenty of pilots. We have given numbers like 700 in the past. "I don't think this is something from an Akasa perspective people need to worry about because we have got this plan in place where we have pilots not just for our current set of aircraft but we have got pilots for the foreseeable future in terms of growth," Dube told PTI at the sidelines of a CII event.
Boeing, the maker of the Malaysian Airlines aircraft that crashed in eastern Ukraine, on Thursday said it was ready to assist authorities.
India has got the money and workforce, but no Indian firm has so far decided to do it
The maiden flight carried more than 5,000 Boeing employees, customers and suppliers and was the first of over 1,600 hours of the test programme for this member of the freighter family, the company 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.
IndiGo has delivered impressive operating performance in the past six quarters as it navigated cost and capacity challenges. It has managed to mitigate the impact of faulty engine-related groundings. The airline has also managed costs related to grounding, expensive secondary leasing, increasing airport charges, and pilot compensation inflation and delivered stronger yields and spreads.
Eyeing potential business opportunity, Boeing Corporation is planning to approach the proposed Tata-Singapore Airlines.
The ongoing fourth quarter earnings season, global factors and macroeconomic data would guide the trends in the equity markets this week, analysts said. Markets would also take cues from trading activity of foreign investors, rupee-dollar trend and movement of global oil benchmark Brent crude. "Domestically, the next batch of Q4 earnings reports will drive stock-specific movements, Hero MotoCorp, Larsen & Toubro, BPCL, State Bank of India, Eicher Motors and Tata Motors are some of the big names in the list and the next phase of voting," said Pravesh Gour, senior technical analyst, Swastika Investmart Ltd.
Boeing admitted on Wednesday that it would have to redesign parts of its troubled 787 Dreamliner, raising the prospect of a third delay to delivery of the new aircraft would be delayed for the third time in recent months. The company's comments came in response to a warning from Steven Udvar-Hazy, chairman of International Lease Finance Corporation (ILFC), the 787's biggest customer.
The latest avatar of the F-15 is designed to deal with the world's most potent air threats that are emerging from China.
Indigo has zero competition on 61.2 per cent of its 838 domestic routes.
Boeing sticks with lithium-ion battery despite issues.
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Of 1,400 pilots the airline has, 200 have quit in the past few months because of salary delays.
As Boeing rolled out its new B-787 'Dreamliner', Air India has said it had chosen the aircraft as its workhorse keeping in mind concerns of economics and environment while the US aircraft major promised to buy goods and services from Indian cos.
The court order could put SpiceJet's revival plan under stress.
This is Boeing's third advanced research centre outside the US, the others being in Europe and Australia. This centre would carry out continued collaboration with Indian R&D organisations, including government agencies and private sector R&D providers, universities and other companies, Boeing officials said.
The firm, which aims to double sourcing from India, is looking at partnerships with institutions such as the IITs
The company officials informed that a static test of the fuselage was over and an analysis of the results could be finished by the end of December.
Three months after Boeing Co's former CEO was forced to resign, the aerospace company is expected to name 3M Co. CEO W. James McNerney Jr. on Thursday as its new chief executive, according to a published report.
The facility is a joint venture between the aerospace major and national carrier Air India, while MADC, a government agency, has provided the land. The 99-year lease agreement is for 50 acres of land located adjacent to the Dr Babasaheb Ambedkar International Airport under the prestigious Multi-modal International Passenger and Cargo Hub, Nagpur project.
A new Boeing 787 Dreamliner aircraft -- which is to be delivered to Air India -- has successfully completed its first test flight in South Carolina, the plane manufacturing company has said.
Air India on Friday said it has completed the acquisition of its first A350-900 aircraft by way of a finance lease transaction with HSBC through the GIFT City. This is also the first wide body aircraft to be leased through the GIFT City, the country's first International Financial Services Centre (IFSC). In a release, the airline said the transaction was facilitated by its wholly-owned subsidiary AI Fleet Services Ltd (AIFS) and is also the first financing transaction from the orders for 470 aircraft that were made earlier this year.
US aircraft maker Boeing Inc will soon start talks with Indian carriers to market its latest aircraft, the '7E7', which is due for launch in 2008, as it strives to cash in on the fast-growing Asian aviation market.
Boeing is eyeing commercial aircraft orders worth over $40 billion in the next 20 years and defence sales of another $15 billion over the next ten years from India and has drawn up ambitious plans to source products and services from India to stay competitive globally. In a little over one year, Boeing has inked five agreements with top IT and engineering companies, which will result in key components for its civilian and military aircraft being manufactured in India.
Kohler made the comments on aviation industry-wide speculation about New Delhi increasing FDI in defence sector to 49 per cent from the current 26 per cent, with some expecting an announcement in the near future.
The aircraft are scheduled to be delivered between October 2012 and December 2014 subject to regulatory approvals, the company said in a filing to Bombay Stock Exchange.
'We have informed the government multiple times that the situation in the US and India are different.' 'Here, there will be a 500 MHz gap in the frequencies which will safely allow aviation without interference.'
Bombardier Inc's CSeries jetliner successfully completed its first flight on Monday, a key step in a $3.4 billion program to develop the first all-new narrow-body plane of its size in decades that the company hopes will increase sales.
US defence giant Boeing warned of a price hike in USD 2.5 billion deal if India does not finalise the contract soon.
It is a similar story several thousand miles away, outside the company's North Charleston, South Carolina final assembly building, where space is taken up by four 787s destined for Air India.
The grounding has been a "frustrating experience," McNerney told a US Chamber of Commerce aviation summit.
Air India Express along with SpiceJet and Jet Airways is one of the three main targets for Boeing in the country as it promotes its new 737 MAX aircraft, which is scheduled to enter commercial operations in 2017.
He quit following an investigation into a relationship between him and a female executive of the company.
This keeps the American aircraft giant on track to deliver five of the large, versatile military transport aircraft to the IAF this year, and five more in 2014.
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