"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.
American defence major Boeing has won the deal to supply 15 heavy-lift helicopters to the Indian Air Force defeating its rival Russian Mi-26 in the tender expected to be worth around $1 billion.
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.
Boeing, the US-based global aircraft manufacturer, has signed a Memorandum of Understanding (MoU) with government-owned Bharat Electronics Ltd (BEL) to develop an analysis and experimentation centre.
Air India is keen to raise working capital by selling aircraft.
The Boeing Company's proposed MRO base in Nagpur for maintenance and repair of aircraft may have another partner in addition to state-owned carrier Air India.
An aircraft consortium, led by Russia's Sukhoi Design Bureau and America's Boeing Corporation, has asked India to join its project to build a family of regional jet transport aircraft for civilian use.
Boeing India president says with the rising prices of aviation fuel, the airlines do not have any option but to increase the fares.
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.
The battle for the skies is moving to a new orbit - fuel-efficient narrow body planes. While Airbus has cashed in on the first mover advantage in this space with its A320 Neo, Boeing, which launched its plane in August last year, is catching up fast.
One of world's largest aircraft in terms of seating capacity, will make its solo debut in India 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.
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.
Sindhu pulls out of Uber Cup
The seats would be on board its CST-100 spacecraft, which it is developing under NASAs push for commercial crew spacecraft. The CST-100 could carry seven people and fly on multiple launch vehicles.
Airbus stands ready to increase output after winning an industry peak of 1,619 new airplane orders in 2013, as it seeks to turn a record backlog of almost nine years of plane production into hard profit.
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.
Nacil was formed after the merger of erstwhile Indian Airlines and Air India in 2007. In 2004, they ordered for 111 aircraft -- 68 from Boeing and 43 from Airbus. The Boeing order included 27 B787-800 Dreamliners.
Interim Budget, the US Federal policy decision and quarterly earnings will be the major drivers for stock markets which may also see some consolidation this week, say analysts. Besides, investors would also focus on the trading activity of foreign investors and global trends for further cues. From the macroeconomic front, the PMI (Purchasing Managers' Index) data for the manufacturing sector is scheduled to be announced on Thursday.
"By the time this fiscal year ends and then next one starts and unless someone does a harakiri in lowering their fare, we see a good scenario beginning April onwards," Boeing India president Dinesh Keskar told PTI in an interview.
India's IPR framework and enforcement were comparable to those in developed countries
To take delivery of 50 from 2017 and in talks to lease five Airbus planes to Kuwait Airways.
Air Sahara is believed to be in the process of signing a deal with Boeing for acquiring new aircraft, even as negotiations are on by mediators to resolve the Jet-Sahara dispute
In December 2005, AI had ordered 111 aircraft worth Rs 46,000 crore.
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.
Boeing on Tuesday sought to calm concerns over its 787 programme by insisting it would deliver the first jet by the end of next year, although it left the door open for further delays by warning that the timetable was "aggressive" and far from "risk-free".
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.
Low cost airline SpiceJet, on Saturday said it has placed orders for 10 more Boeing 737-800 aircraft with Boeing, and the first one would join the existing fleet of five aircraft, by February 2006.
The airline has said it isn't worried about competition in the domestic market, thanks to its spread across three passenger segments
The earlier aircraft did not have a first class
US aircraft maker Boeing Corp on Wednesday signed an agreement to sell ten 737-800 passenger jets, with an option to sell 10 more, to SpiceJet low-cost carrier in a deal worth $1.26 billion at list prices.\n\n
Schwab, 54, will serve on the audit and finance committees.
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.
Incidents stark reminders of problems that have hit Dreamliner since July, prompting federal regulators to call for engine and fuel line inspections
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