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
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.
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
Seeking to assuage pilot shortage concerns, Akasa Air's chief executive Vinay Dube on Friday said the carrier has sufficient pilots and flyers should not expect any flight cancellations. "We have plenty of pilots. We have given numbers like 700 in the past. "I don't think this is something from an Akasa perspective people need to worry about because we have got this plan in place where we have pilots not just for our current set of aircraft but we have got pilots for the foreseeable future in terms of growth," Dube told PTI at the sidelines of a CII event.
US defence giant Boeing warned of a price hike in USD 2.5 billion deal if India does not finalise the contract soon.
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.
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.
At present, Air India offers eight first class, 35 business class and 195 economy class seats in its Boeing 777 200-LRs.
He quit following an investigation into a relationship between him and a female executive of the company.
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 national carrier, which had placed orders for 27 Dreamliners in 2006, has so far taken the delivery of 13 aircraft.
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.
Air India has grounded six of these planes in its fleet.
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.
"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.
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.
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.
'Vinesh you are a gold medalist of courage and morality.'
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.
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.
Air India is keen to raise working capital by selling aircraft.
Boeing India president says with the rising prices of aviation fuel, the airlines do not have any option but to increase the fares.
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.
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.
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.
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.
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.