'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 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.
'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.'
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.
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.
Boeing 737 MAX planes were globally grounded in March 2019, after two of these crashed within five months, raising safety concerns.
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.
Demand for the earlier variant 737NG planes is also expected to pick up due to the grounding of MAX planes.
Within days of deciding to sell and leaseback the first seven Boeing 787 Dreamliners it will receive till this June, Air India has offered to lease five of its eight Boeing 777-200 planes for 8-10 years, officials said.
As the much delayed Boeing 787 Dreamliner makes an official touchdown, complete with a water cannon salute, in Delhi to join Air India's fleet, the ailing airline is working on a plan to regain its lost space in the international skies.
The empowered group of ministers on Saturday gave its approval to Air India's proposal to purchase 68 aircraft after completing final round of price negotiations with US manufacturer Boeing, which has offered massive discounts on the total value of t
Defence Minister Manohar Parrikar says global aircraft makers will have to get approval from their own governments to transfer technology and build jets in India.
To be bought at a cost of over Rs 1,000 crore (Rs 10 billion), these jets will replace the two ageing Boeing 737-200 aircraft purchased in 1983 for VVIP travel, Defence Minister Pranab Mukherjee.
Air India will require more than 6,500 pilots to operate 470 aircraft that are to be supplied by Airbus and Boeing in the coming years, according to industry sources. Seeking to expand fleet as well as operations, the airline has placed orders for acquiring a total of 840 aircraft that includes an option to buy 370 planes. This is one of the largest aircraft order by any airline. Currently, Air India has around 1,600 pilots to operate its 113 aircraft fleet and in recent times, there have been instances of ultra-long haul flights getting cancelled or delayed due to shortage of crew.
The US-based aircraft manufacturing giant will expand its manufacturing presence, launch subsidiaries and strengthen research and development (R&D) programmes in the country. Jeppesen, a subsidiary of Boeing, is close to setting up an office in Hyderabad, while another, Aviall, the company's spare parts subsidiary, already has operations from Noida.
The airfares are already 15 per cent higher than last season and due to this shortage it will go higher, said Sharat Dhall, COO of Yatra.com.
"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.
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.
Tata Boeing Aerospace inaugurated its facility to produce fuselages for the AH-64 Apache helicopter in Hyderabad.
Tata Group-owned Air India has placed an order for 840 planes with Airbus and Boeing, including the option to acquire 370 aircraft, with a senior airline official on Thursday saying the order is a "landmark moment" in the Indian aviation history. The announcement by Air India's Chief Commercial and Transformation Officer Nipun Aggarwal comes a day after the airline said it has placed a firm order for 470 aircraft -- 250 from Airbus and 220 from Boeing. In a LinkedIn post, Aggarwal said the airline is humbled by the excitement generated across the world by the airline's aircraft order.
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
A meeting of the CCEA is likely to be held next week.
The Tata group-owned Air India will induct over 90 aircraft in two years as it looks to widen its footprint and grab a larger market share. The plan includes 56 planes from the mega aircraft order that the airline has now finalised with Airbus and Boeing. These will be in addition to previously announced leases of 36 planes that include Airbus A320Neo, A321Neo, and Boeing 777 aircraft.
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.
Airbus on Tuesday said it will deliver the first A350 aircraft to Air India by the end of this year and that the deal with the airline also marks the European aviation major's "emphatic return" to the wide-body segment in India, which is the fastest growing aviation market. As it looks to expand the fleet as well as operations, Tata Group-owned Air India on Tuesday announced that it will buy 250 planes from Airbus -- 210 from the A320 neo family and 40 A350. Remi Maillard, president and managing director of Airbus India and South Asia, said the company was very proud that the Tata Group has chosen A350 and A320 planes for Air India, adding that the magnitude of the order shows the appetite for growth in the Indian aviation industry, which is the fastest growing aviation market.
With full-service carrier Jet Airways and budget airline SpiceJet operating 737 MAX planes, the DGCA has decided to seek information about the aircraft from Boeing as well as the two domestic carriers in view of the air crash in Ethiopia.
The airline flies these wide-body planes to the US, Europe, China, Japan, Korea and Saudi Arabia.
The former world number one duo had been sidelined from competitive action post the Paris Olympics due to Satwik's shoulder injury.
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.
Taapsee Pannu wed longtime beau Mathias Boe over the weekend in Udaipur.
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.
Top leaders of the two parties are campaigning in Jharkhand and Maharashtra for the ongoing assembly polls in the two states.
'Vinesh you are a gold medalist of courage and morality.'
The carrier expects to restart Dreamliner operations for domestic flights by mid-May, Ajit Singh said.
In a LinkedIn post on Wednesday, February 15, night, Nipun Aggarwal had said Air India, in addition to the order of 470 planes, had the option to purchase 370 aircraft from Airbus and Boeing.
India will require 1,740 planes over the next 20 years.
Tata Group-owned Air India is considering buying more than 200 new planes with 70 per cent of them being narrow-bodied aircraft, aviation industry sources said on Sunday. While Air India has zeroed in on Airbus's A350 wide-bodied aircraft for the procurement, the talks with Airbus and Boeing for narrow-bodied aircraft is still on, they said. A wide-bodied plane like Airbus A350 has a bigger fuel tank that allows it to travel longer distances such as the India-US routes.
