"We have zero cancellation from India. We have been working carefully. We sold $25 billion worth of aircraft in the last three years. Hundred more are to be delivered in the next five years which is valued at $17 bn," said Dinesh Keskar, the newly appointed president of Boeing India. Boeing's major buyers in India, Air India, Spice Jet and Jet Airlines have not made any cancellation, Keskar said.
Air India significantly altered the composition of the aircraft order it placed earlier this year with Airbus, the European plane manufacturer has said. In February, Air India had placed the world's second-largest single-tranche aircraft order for 470 planes: 250 with Airbus and 220 with Boeing. In July, Airbus disclosed an order comprising 70 A321neo, 140 A320neo, 34 A350-1000, and six A350-900 aircraft for Air India.
A meeting of the CCEA is likely to be held next week.
Expecting the Indian defence market to grow to $10-15 billion over the next decade, US aerospace firm Boeing on Friday said it was looking to sell different aircraft and equipment, besides cooperate with local firms on production front
India and the US on Thursday said they are looking forward to the reconvening of the India-US Trade Policy Forum later this year to further enhance trade relationship and identify new areas for engagement.
The airline flies these wide-body planes to the US, Europe, China, Japan, Korea and Saudi Arabia.
Don't do any strange things in preparation ahead of Olympics, Gopichand's advise to shuttlers
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.
Denmark's Mathias Boe is extremely annoyed. And in his anger this shuttler from Denmark has vowed to not visit India after appearing in Thomas Cup next year.
'Airlines are aware that during peak times like Diwali, demand will be high, so prices remain steep even for tickets purchased 90 days ahead.'
On one hand, South Indian states have been complaining about denial of a proportionate portion of the sharable funds from the Centre, based on population. On the other hand, they stand to lose Lok Sabha and Rajya Sabha seats that again are based on population, points out N Sathiya Moorthy.
The carrier expects to restart Dreamliner operations for domestic flights by mid-May, Ajit Singh said.
India will require 1,740 planes over the next 20 years.
Air India has finalised an order for around 250 aircraft with Airbus and the deal is expected to be announced next week, a source said on Thursday. The source in the know also said the airline has signed a deal with Boeing for about 200 planes. Specific details could not be immediately ascertained and there was no immediate comments from Air India about the deals.
Air India's flying crew, ground and security staff will soon sport new uniforms designed by fashion designer Manish Malhotra as the Tata Group-owned airline embraces a new global brand identity. As Air India pursues a revival and modernisation plan, the new uniforms are expected to be introduced for the frontline staff by the end of this year and are likely to coincide with the induction of the airline's first wide-body A350 aircraft into its fleet. Malhotra -- whose career spans more than 30 years as a couturier, costume stylist, and entrepreneur -- and his team have started meeting Air India's frontline staff, conducting discussions and fitting sessions with them to better understand their specialised needs, the airline said in a release on Thursday.
For the first time in 13 years, since Jet Airways' A330 planes exited the airline's fleet in around 2010, an Indian wide-body aircraft will have a Rolls-Royce-powered engine, with Air India ordering 40 Airbus A350 planes. On Tuesday, Air India announced its mega aircraft order for 470 aircraft, including A350 planes. The A350 aircraft, which will come in two variants, are powered solely by Rolls-Royce Trent XWB engines and the local team has begun work to assist Air India with its aircraft-induction plans.
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.
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).
'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.'
The Boeing website lists the price of a Boeing 737-800 aircraft at $90.5 million.
The long-range planes will be delivered from early 2014.
Air India on Thursday unveiled a new brand identity and aircraft livery as the airline moves ahead with its transformation plan since being taken over by Tata Group more than one-and-a-half years ago. The new look re-imagines the iconic Indian window shape, historically used by Air India, into a gold window frame that becomes central to the new brand design system. It symbolises a 'Window of Possibilities', according to a release.
India's flagship carrier Air India on Wednesday signed a landmark agreement with the American aerospace giant Boeing Commercial Airplane for the purchase of 68 aircraft at an estimated cost of Rs 35,000 crore.
'Rajnath Singh's message was very clear: India's focus is on developing self-reliance.'
Eyeing potential business opportunity, Boeing Corporation is planning to approach the proposed Tata-Singapore Airlines.
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.
Satwik said the losses had not dampened the pair's spirits but made them more hungry for success in Paris.
Lohani orders staff to ensure maintenance and cleanliness of hi-lift catering trucks
US aircraft manufacturer Boeing said on Tuesday the company will deliver more wide-bodied 777 aircraft to India in 2009 than in the current year, besides the 787 Dreamliner.
The presence of an engine maintenance, repair, and overhaul (MRO) facility in India could have prevented Go First airline from going "belly up", as sending engines abroad for servicing is not an efficient way to operate a carrier, Piyush Srivastava, senior economic advisor, Ministry of Civil Aviation, said in a statement on Tuesday. On May 3, Go First suspended its flights and filed for insolvency, squarely blaming engine manufacturer Pratt & Whitney (PW) for its cash crunch. The airline claimed that about half of its 54 aircraft were grounded on May 3 due to a delay in the supply of engines by the US-based company. PW has denied the charges.
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.
Air India is aiming to improve its financials by pruning loss-making flights, improving fleet use, increasing web sales and selling & leasing back 14 Boeing 787s by March-end, top airline executives said on Monday.
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.
Facing disruptions due to non-availability of crew, Vistara on Sunday announced reducing 10 per cent of its capacity or 25-30 flights daily and most of the cancellations are in the domestic network as the Tata Group airline strives to stabilise operations. The full-service carrier is to operate over 300 flights daily in the ongoing summer schedule and witnessed significant disruptions earlier this week as many pilots reported sick, resulting in cancellations of flights. "We are carefully scaling back our operations by around 25-30 flights per day, i.e. roughly 10 per cent of the capacity we were operating.
Moving ahead with its fleet expansion plan, cash-strapped Air India has sought a long-term loan of USD 475 million from banks and financial institutions to acquire three long-haul Boeing-777s.
The Tata Group-owned Air India has decided to procure its maiden batch of wide-bodied A350 aircraft of Airbus and the first plane is likely to be delivered to the airline by March 2023, sources have said.
Boeing is likely to form a JV with the Tatas to make defence related aerospace parts.
US aircraft manufacturer Boeing has asked Air India to avoid flying its Dreamliner planes near thunderstorms as it enhanced the risk of icing on engines and the airline has changed its operating procedures accordingly.
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.
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