Panel of its and govt officials to scrutinise operational record and decide whether to proceed with inducting more Boeing 787s.
Rakesh Jhunjhunwala-backed new airline Akasa is in talks with US aerospace company Boeing for buying up to 100 737 Max aircraft. Former Jet Airways CEO Vinay Dube and his family members are promoters while ex-IndiGo president Aditya Ghosh is a board member of the airline. The airline is in negotiation with Boeing and has reached out to the government to recertify the aircraft which has been grounded since 2018 after two crashes killing 349 persons, according to sources in the know.
This is an increase from a Boeing forecast last year of 1,450 new airplanes worth $175 billion.
'Boeing has returned some cash to the airline which will help it improve the current liquidity crisis.'
Last October, the national carrier sold five planes of the same type to Etihad Airways for about $350 million.
Whether it's navigating the labyrinthine Cu Chi Tunnels, boating on the Mekong, marveling at ancient Champa temples, or the Mekong Bay, Vietnam promises a journey like no other.
To begin with, the consulate in Bengaluru will not offer visa services.
'The funds were arranged from multiple banks at a very competitive rate and converted into dollars at the best rates.'
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.
'If you compare the data from 2017 and 2023 of the US imports from the world and China, you will see that the US was a complete loser in the trade war, and China was a complete gainer.'
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.
A Boeing Co 787 Dreamliner operated by Air India this week returned to London due to a communications problem, but has since been operational, the state-run carrier said on Wednesday.
The Indian badminton team returned empty-handed from the Olympics for the first time in over a decade.
Despite the global meltdown, Boeing, the world's largest manufacturer of commercial and defence aircraft, on Tuesday said there is no cancellation in its orders from India and assured to deliver aircraft on schedule to its buyers including Air India, the official national carrier.
If you aren't living under a rock, it would be hard to miss reading or hearing about the Boeing 737 MAX aircraft being grounded by over 50 nations. For those who are in the dark or still confused about the entire episode, here's a simple FAQ on the issue and what's happening around the world.
Japan Airlines has become the first airline to launch Dreamliner Boeing 787 flights to India.
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.
The A-I board approved the purchase of 50 aircraft costing Rs 30,000 crore (Rs 300 billion), subject to government approval, an A-I statement said in Mumbai.\n\n
Air India has grounded six of these planes in its fleet.
India's IPR framework and enforcement were comparable to those in developed countries
"Airlines in India like Jet Airways and Air India have firm orders with Boeing for delivery till the year 2011. Now they are planning beyond that in view of expected market growth," said Dinesh Keskar, senior vice-president (sales), Boeing Commercial Airplanes.
The deal should keep things humming at the sprawling plant in Long Beach, California through 2014, Boeing spokesman Jerry Drelling said in a Los Angeles Times report.
SpiceJet is the only Boeing 737 MAX operator in India, with 13 aircraft of the type in its fleet and a total of 205 planes on order.
Air India is keen to raise working capital by selling aircraft.
'The kind of things they were writing, 'Oh, what is this, she's overacting at her wedding.' 'Why is she not covering her head?' 'The kind of liberty people take to comment on what I should be doing in my personal life is not something I'm okay with.'
Capable of flying at Mach 2.5 (two-and-a-half times the speed of sound), the F-15EX is the world's fastest fighter aircraft. It carries 13.5 tonnes of weapons load, more than the Rafale or the Sukhoi-30MKI.
The US Fed interest rate decision, ongoing quarterly earnings, macroeconomic data and FII trading activity are the major triggers that will drive stock markets this week, analysts said. Investors would also track global market trends and the movement in global oil prices for further cues. "This week, the focus will shift to global cues, particularly the US markets," Santosh Meena, Head of Research, Swastika Investmart Ltd said.
US aircraft manufacturer Boeing said on Friday that it would concentrate on clinching the Air-India deal of 17 aircraft and was willing to have a dialogue with the government on the Indian Airlines' proposal to acquire 43 aircraft.
One of world's largest aircraft in terms of seating capacity, will make its solo debut in India next week.
Boeing 787 Dreamliner is a long-range, mid-size wide-body, twin-engine jet airliner.
All eyes will be on the Boeing 787 as it will land in the city on Wednesday morning marking its debut on the Indian soil.
At present, Air India offers eight first class, 35 business class and 195 economy class seats in its Boeing 777 200-LRs.
Boeing 737 MAX planes were globally grounded in March 2019, after two of these crashed within five months, raising safety concerns.
Air-India Ltd's board will discuss on April 3 whether the state-run long-haul carrier should place orders for 17 long-range aircraft from Boeing or Airbus, a spokesman for the airline said on Wednesday.
The November 5 US presidential elections, Federal Reserve interest rate decision, trading activity of foreign investors, and the upcoming quarterly earnings from domestic firms are the major triggers that would influence sentiments in the equity market this week, analysts said. In an eventful week ahead, a host of macroeconomic data announcements and global trends would also drive the markets, experts said. "The upcoming week is poised to be eventful on the global front.
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.
