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.
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.
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.
Stock markets would take cues from the biggest event of the week -- the US Fed interest rate decision, besides tracking the trends in global markets and trading activity of foreign investors, analysts said. Last week, a heavy decline in smallcap, midcap firms, foreign fund outflows and elevated crude oil prices in the international market dented investors' sentiments. Experts said equity markets may remain volatile in the near-term amid a host of global central bank's monetary policy decisions lined up during the week.
Jet Airways on Tuesday said it will buy 10 aircraft from US-based aerospace major Boeing to expand its international operations.
Eyeing potential business opportunity, Boeing Corporation is planning to approach the proposed Tata-Singapore Airlines.
Panel of its and govt officials to scrutinise operational record and decide whether to proceed with inducting more Boeing 787s.
Commercial flights may also help Boeing's bottom line on a rare, fixed-price, government-backed development program.
Close on the heels of Boeing's defence of India to the US International Trade Commission's investigation into India's trade, investment and industrial policies, IBM has also sprung to New Delhi's defence in an otherwise sea of criticism of India's violations of intellectual property rights, local content requirements, among other issues of concern to US business and industry.
India has got the money and workforce, but no Indian firm has so far decided to do it
Air India had placed an order for 68 aircraft, including Boeing 737s, 777s and 787s, all valued at $11 billion in Dec 2005.
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.
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.
Boeing is likely to form a JV with the Tatas to make defence related aerospace parts.
The 747-8 Intercontinental's first flight marks the beginning of a flight test program that will finish in the fourth quarter.
This is an increase from a Boeing forecast last year of 1,450 new airplanes worth $175 billion.
The airline plans to deploy A380 to Mumbai instead.
Aircraft manufacturer Boeing is reducing its forecast of the Indian market by half beyond 2012 as a result of the slowdown in the aviation sector.
Last year, Boeing upgraded the cabin of its Boeing 737 with new features such as LED lighting, bigger overhead bins and new ceiling panels.
The safety and security of citizens is primary for the government, he said.
Last October, the national carrier sold five planes of the same type to Etihad Airways for about $350 million.
Complete with wings, and landing gear resting on pillars, it is where Campbell spends six months of the year.
Aviation watchdog Directorate General of Civil Aviation (DGCA) has asked Vistara to submit a daily report on flight cancellations and delays as the Tata group airline cancelled more than 50 flights for the second straight day on Tuesday amid non-availability of pilots.
Boeing sticks with lithium-ion battery despite issues.
Air India would start inspecting its six Boeing 787 Dreamliners from Tuesday.
All the 50 Dreamliners delivered by Boeing to airlines across the world, including six of Air India, have been grounded following two incidents of fire and smoke in the lithium ion batteries.
Indian budget airline SpiceJet has agreed to buy around 40 Boeing 737 passenger jets worth over $4 billion at list prices as it seeks to modernize its fleet and climb out of the red, industry sources said on Tuesday.
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 US Federal Aviation Authority (FAA) has allowed Boeing to carry out flight tests of its 787 Dreamliner in order to help it check its troubled electrical system and batteries which is suspected to be the root cause of battery fire in one of its planes last month.
In a bid to increase its focus on the country, the company has set up an Indian subsidiary.
United States' major aircraft manufacturer Boeing Company secured a record 1,044 net commercial airplane orders last year, the company said.
US auto giant Ford Motor Company has appointed Alan Mulally as president and chief executive offer.
Boeing said it expected the Indian market to generate demand for 676 single-aisle and 120 twin-aisle airplanes.
A child sitting near the window was reportedly pulled by the suction, and his shirt was torn off.
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.
Sindhu pulls out of Uber Cup
Boeing on Tuesday said it would finalise by June the location for its $100 million maintenance, repair and overhaul facility in India.
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.
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 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.
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