Rajiv Gandhi met Indian Airline brass, was shown financial details against norms.
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.
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.
'Airlines are aware that during peak times like Diwali, demand will be high, so prices remain steep even for tickets purchased 90 days ahead.'
A Cabinet decision is still awaited on the induction of Dreamliner into the cash-strapped AI fleet.
Sources said SpiceJet's deal with Boeing is worth around $1.4 billion as per the list price. When contacted, company officials, however, declined to comment on the valuation of the deal.
'Rajnath Singh's message was very clear: India's focus is on developing self-reliance.'
The A-I board approved the purchase of 50 aircraft costing Rs 30,000 crore (Rs 300 billion), subject to government approval, an A-I statement said in Mumbai.\n\n
It is a similar story several thousand miles away, outside the company's North Charleston, South Carolina final assembly building, where space is taken up by four 787s destined for Air India.
In its bid to grab Air India orders, US aircraft manufacturer Boeing on Tuesday said it had offered a "comprehensive competitive pricing" to the public sector carrier, whose decision to purchase 50 aircraft of different makes was yet to get governmen
An investigation into the battery of Boeing 787 Dreamliner that caused a fire in Boston early this month, showed signs of thermal runway and short-circuiting, US government investigators said.
The grounding has been a "frustrating experience," McNerney told a US Chamber of Commerce aviation summit.
Recently, there have been technical mishaps, including an electrical fire and a brake problem, involving the aircraft.
Don't do any strange things in preparation ahead of Olympics, Gopichand's advise to shuttlers
The Spanish Government mistakenly honoured celebrity Ivana Icardi, sister of Argentinian footballer Mauro Icardi, instead of Women's World Cup winning captain Ivana Andres, with the country's Royal Order of Sports Merit, Spain's National Sports Council (CSD) confirmed on Wednesday.
It seems that the West is sending a signal to India that it can return to old hostilities unless India toes their line on Russia. It is no surprise that India is being compared with Putin's Russia in terms of targeting 'dissidents' as the West calls these Khalistani terrorists, asserts Colonel Anil A Athale (retd).
Kohler made the comments on aviation industry-wide speculation about New Delhi increasing FDI in defence sector to 49 per cent from the current 26 per cent, with some expecting an announcement in the near future.
At present, Air India offers eight first class, 35 business class and 195 economy class seats in its Boeing 777 200-LRs.
US defence giant Boeing warned of a price hike in USD 2.5 billion deal if India does not finalise the contract soon.
'The funds were arranged from multiple banks at a very competitive rate and converted into dollars at the best rates.'
He quit following an investigation into a relationship between him and a female executive of the company.
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.
India has told the US government that due consideration would be given to the offer of American aircraft major, Boeing for the fleet acquisition plans of Air India and Indian Airlines, US Transportation Secretary Norman Y Mineta said on Thursday.
The 787 Dreamliner aircraft is 20 per cent more fuel-efficient than other comparable aircraft, which means it will reduce costs and offer potential to increase revenues, says Dinesh Keskar, President, Boeing India.
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.
Major aircraft-maker Boeing on Tuesday heightened its pitch for Air India's plans to acquire 17 long-haul and 18 short-haul planes, claiming its 777-200 ERs (extended range) and 737-800s were best suited for the Indian carrier.
The national carrier, which had placed orders for 27 Dreamliners in 2006, has so far taken the delivery of 13 aircraft.
Air India has grounded six of these planes in its fleet.
"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.
Japan Airlines has become the first airline to launch Dreamliner Boeing 787 flights to India.
The discovery of debris may not solve the mystery of what happened to the plane, warn aviation experts
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.
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, 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.
'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.'
