Godrej Aerospace is a tier-1 manufacturer of precision and hi-tech aerospace components, assemblies, and systems, executing global projects that serve the defence, space, and aviation sectors.
India and the US on Thursday said they are looking forward to the reconvening of the India-US Trade Policy Forum later this year to further enhance trade relationship and identify new areas for engagement.
Air India significantly altered the composition of the aircraft order it placed earlier this year with Airbus, the European plane manufacturer has said. In February, Air India had placed the world's second-largest single-tranche aircraft order for 470 planes: 250 with Airbus and 220 with Boeing. In July, Airbus disclosed an order comprising 70 A321neo, 140 A320neo, 34 A350-1000, and six A350-900 aircraft for Air India.
The West Bengal government is in a race against Maharashtra, Andhra Pradesh and Karnataka to persuade US aircraft maker Boeing to set up a Maintainance, Repair and Operations hub near Kolkata.
The airlines is in talks with Oman Air and Etihad.
Air India will train its pilots in Singapore for the Boeing 787 Dreamliner aircraft, due for delivery from December. The move is sparking a protest from one of its pilots' unions, on promotion issues.
Boeing is also exploring the possibility of manufacturing aircraft components and assembling the jets in India.
SpiceJet is in talks with aircraft makers for a jet deal.
Air India is aiming to improve its financials by pruning loss-making flights, improving fleet use, increasing web sales and selling & leasing back 14 Boeing 787s by March-end, top airline executives said on Monday.
The long-range planes will be delivered from early 2014.
Six global defence majors, including US giants Lockheed Martin and Boeing, and European consortium EADS, today offered to invest an estimated $2 billion to $3 billion to revitalise India's defence and aerospace industry.Under the proposals, which came days after New Delhi unveiled a new investment-friendly weapons procurement policy, the companies offered to pump in more investments, create defence exports and set up weapon-related joint ventures.
"We have zero cancellation from India. We have been working carefully. We sold $25 billion worth of aircraft in the last three years. Hundred more are to be delivered in the next five years which is valued at $17 bn," said Dinesh Keskar, the newly appointed president of Boeing India. Boeing's major buyers in India, Air India, Spice Jet and Jet Airlines have not made any cancellation, Keskar said.
Aviation watchdog DGCA has taken off SpiceJet from its enhanced surveillance regime, a senior official said on Tuesday. The airline, which has been facing multiple headwinds, was placed under enhanced surveillance recently. The senior DGCA official said that in view of the observations made in the past concerning inadequate maintenance and in view of the incidents during the monsoon season last year, SpiceJet was placed under enhanced surveillance.
Mahindra & Mahindra has decided to dismandle its recently acquired Boeing plant in Melbourne, Australia, which makes machinery for aircraft, and shift it to Bangalore.
Lohani orders staff to ensure maintenance and cleanliness of hi-lift catering trucks
A picture of glamour and grit in the face of an emergency, the air hostess, flight attendant or air stewardess is often the hero we didn't know we needed.
It was not Harry Stonecipher's extra-marital affair with an employee that cost him his job as US aircraft giant Boeing's CEO but his indiscreet e-mails to her, US media has reported.\n
Air-India on Tuesday took the delivery of the first of the three Boeing 737-800s for its subsidiary A-I Express for operations to the Gulf.
Bharti Airtel was the biggest gainer in the Sensex pack, rising 2.37 per cent, followed by Mahindra & Mahindra, HCL Tech, Tata Motors, Tech Mahindra, HDFC Bank, Wipro, Tata Consultancy Services, Axis Bank and Nestle. Asian Paints, Hindustan Unilever, Bajaj Finserv and NTPC were among the laggards.
Based in California and having a strong presence in Bangalore, Narus is a leading provider of real-time network traffic and analytics software used to protect against cyber attacks and persistent threats aimed at large Internet Protocol networks.
State-run Air-India will lease 14 Boeing aircraft to launch a no-frills airline that will slash passengers' fares by 25 per cent, an airline official said.\n\n\n\n
Air India has finalised an order for around 250 aircraft with Airbus and the deal is expected to be announced next week, a source said on Thursday. The source in the know also said the airline has signed a deal with Boeing for about 200 planes. Specific details could not be immediately ascertained and there was no immediate comments from Air India about the deals.
New airline Akasa Air on Friday said it will launch commercial flight operations on August 7 by operating its first service on Mumbai-Ahmedabad route using Boeing 737 Max aircraft. In a statement, the carrier said it has opened ticket sales on 28 weekly flights it will be operating on Mumbai-Ahmedabad route from August 7, as well as on 28 weekly flights it will operating on Bengaluru-Kochi route from August 13. The carrier will launch commercial operations with two 737 Max aircraft. Boeing has delivered one Max plane and the second one's delivery is scheduled to take place later this month.
With inadequacies in the Russian MiG-29Ks that India bought to operate off the INS Vikramaditya and INS Vikrant, the acquisition of a capable, long-range multi-role carrier-based fighters will be critical for India's naval power.
The US Federal Reserve's interest rate decision, global market trends and trading activity of foreign investors are the major factors that would dictate terms in the equity markets in a holiday-shortened week ahead, analysts said. Equity markets will remain closed on Tuesday on account of Ganesh Chaturthi. From the global front, interest rate decisions from the Bank of England and Bank of Japan would also influence market trends.
19 per cent of all travel in India (by bus, train or air) was pilgrimage or religious travel (possibly the single largest after business and family-related travel), discovers Ambi Parameswaran.
The presence of an engine maintenance, repair, and overhaul (MRO) facility in India could have prevented Go First airline from going "belly up", as sending engines abroad for servicing is not an efficient way to operate a carrier, Piyush Srivastava, senior economic advisor, Ministry of Civil Aviation, said in a statement on Tuesday. On May 3, Go First suspended its flights and filed for insolvency, squarely blaming engine manufacturer Pratt & Whitney (PW) for its cash crunch. The airline claimed that about half of its 54 aircraft were grounded on May 3 due to a delay in the supply of engines by the US-based company. PW has denied the charges.
The latest avatar of the F-15 is designed to deal with the world's most potent air threats that are emerging from China.
Investors' wealth fell by Rs 2.89 lakh crore in two days of market fall, with the BSE Sensex tumbling 796 points on Wednesday, amid weak global market trends ahead of the US Federal Reserve's interest rate decision. Fresh foreign fund outflows and caution ahead of a host of interest rate decisions from global central banks also added to the overall bearish trend. Besides, the US Fed meeting, the BoE (Bank of England) and the BoJ (Bank of Japan) are also scheduled to meet this week.
Glimpses from the 54th International Paris Airshow.
Air India's flying crew, ground and security staff will soon sport new uniforms designed by fashion designer Manish Malhotra as the Tata Group-owned airline embraces a new global brand identity. As Air India pursues a revival and modernisation plan, the new uniforms are expected to be introduced for the frontline staff by the end of this year and are likely to coincide with the induction of the airline's first wide-body A350 aircraft into its fleet. Malhotra -- whose career spans more than 30 years as a couturier, costume stylist, and entrepreneur -- and his team have started meeting Air India's frontline staff, conducting discussions and fitting sessions with them to better understand their specialised needs, the airline said in a release on Thursday.
Aircraft manufacturer Boeing on Wednesday reported a 17 per cent increase in net income at $998 million for the second quarter of 2009 from $852 million in the year ago period driven by growth in its defence unit.
Meanwhile, efforts are being made to tow the aircraft to a remote bay and once that is accomplished, the airlines may take it to some place where the aircraft could be serviced, the sources said.
Akasa Air has reduced its service on 10 routes and stopped operating flights on eight others since the exodus of pilots began in early July. The airline's flights per week reduced from 945 in June to 754 in October, according to aviation analytics firm Cirium's data, which has been reviewed by Business Standard. The airline currently operates flights on 34 routes. Between June and October, Akasa Air ceased operations on the following: Ahmedabad-Kochi, Ahmedabad-Hyderabad, Ahmedabad-Pune, Bengaluru-Hyderabad, Bengaluru-Chennai, Kochi-Hyderabad, Goa-Lucknow, and Goa-Hyderabad.
A day after Air-India gave away its entire Rs 30,000 crore (Rs 300 billion) deal for 50 aircraft to American company Boeing
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