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
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The earlier aircraft did not have a first class
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.
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
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.
Commercial Aircraft Corporation of China is set to take on American airliners Airbus and Boeing Co.
National flag carrier Air India has raised $500 million (nearly Rs 2,250 crore) from ABN AMRO-led banking consortium to make pre-delivery payment to US-based aircraft manufacturer Boeing Company.
US-based company has a 100-aircraft order from Air India, SpiceJet and Jet Airways.
The Air India delivery would follow the first delivery to Japanese airline Air Nippon Airways, slated for the third quarter of this year, Boeing India President Dinesh Keskar said in Bengaluru.
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.
Boeing, as part of the $7.2- billion deal for 68 planes with Air-India, will induct three simulators for pilot training at Air-India premises near Santacruz airport in Mumbai.
The aircraft had caused disruptions in Mumbai airport the past three days.
The Maharashtra Airport Development Company has decided to allocate 75 acres of land in Nagpur to aircraft major Boeing to set up its prestigious $100 million maintenance repair and overhaul (MRO) facility.
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"None of the air-carriers have asked us for either a deferral or cancellation...we are very comfortable with the market position," Boeing's Senior Vice President, Sales (commercial airplanes), Dinesh Keskar, said, while releasing the Current Market Outlook (CMO)2008-2028 report, in Mumbai on Wednesday. "We have fortunately not contributed to over-capacity as in the last ten mnonths we have not delivered many aircraft," Keskar said.
The forecast comes as the region's carriers continue to surpass global air traffic and capacity growth rates.
SpiceJet is conducting a strategic review of fleet and network, which could see staff reductions and a possible phase out of Bombardier Q400 planes in three months.
With the earlier order for 55 planes and additional 100 new 737-8 MAX aircraft, the no-frills carrier now has firmed up the order for a total of 155 planes, besides purchase rights for 50 B737-8 MAX and wide body aircraft.
Another airport official said on condition of anonymity that a spark flew out of from the rear of the plane and ignited the grass. "Thank god it happened only after the passengers alighted from the plane," the official said.
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.
The government cleared a multi-billion dollar deal for attack helicopters and heavy-lift choppers with American aviation giant Boeing.
US aircraft major Boeing on Thursday showcased its new generation B-777-200 LR (long range) plane in New Delhi.
In the largest such order, UAE's flagship Emirates Airline on Monday announced an order of 42 Boeing 777 aircraft, to be powered by GE90 jet engines, in a deal worth $9.7 billion.
Boeing will bring over 20 aircraft for the domestic market.
A European cargo airline has moved the National Company Law Tribunal seeking expeditious acquisition of three Jet Airways B777-300 aircraft. The application is by a Malta-based Ace Aviation VIII Limited, which emerged as a successful bidder in the auction of three Boeing 777-300ER aircraft. The firm is part of a Belgium-based cargo airline and its application will be heard on Wednesday.
