Boeing will bring over 20 aircraft for the domestic market.
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.
An additional lease rental of Rs 200 crore on nine Boeing 787 Dreamliners was the reason for ending in the red this quarter, Arindam Majumder reports from New Delhi.
Airbus recaptured the aircraft industry's top spot in the first quarter of 2013 as US rival Boeing fell behind on orders and grappled with the grounding of its newest jet, the 787 Dreamliner.
A technical problem with an Air India Dreamliner from Kolkata led to an overnight ordeal for around 130 passengers who reached New Delhi after a 13 hour delay.
The runways are expected to be made operational for the larger aircraft before the Commonwealth Games in October.
Boeing had announced a further six-month delay for the first flight and initial deliveries of its 787 Dreamliner programme to Air India. A high-level Boeing team will discuss the fallouts with IA, including compensation in the coming week. The revised delays will have a significant impact on IA's growth plan and financial aspect. Apart from compensation, Boeing will also have to factor in the impact of the delay on the carrier's growth plan when computing for the same.
India will be one of the key centres for design and development of the A350 aircraft, European aircraft manufacturer Airbus' answer to the Boeing 787 Dreamliner.
The first government sukuk was listed on the London Stock Exchange as Britain reaffirmed its reputation as the main western centre for Islamic finance. Bahrain chose London to list its second Islamic bond as it sought to encourage more European and conventional investors to buy the paper. The Gulf kingdom listed its first sukuk in Luxembourg in 2004. Significantly, more than 50 per cent of the paper was bought by European investors.
Air India has deployed a B787 Dreamliner aircraft for the Delhi-Moscow-Delhi sector and offered attractive promotional fares.
The national carrier is surviving on a Rs 30,000-crore (Rs 300-billion) bailout package.
As Boeing rolled out its new B-787 'Dreamliner', Air India has said it had chosen the aircraft as its workhorse keeping in mind concerns of economics and environment while the US aircraft major promised to buy goods and services from Indian cos.
The CMD's focus on raising employee morale and cutting costs is paying off. The airline's operating losses have shrunk and earnings are looking up
This is the largest single dose of equity infusion into the joint venture since its launch in January 2015.
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
"Co-developed and verified" by Indian IT major, HCL Technologies, this chip would be integrated into the system data acquisition computer of the aircraft, a top company official has said.
Air-India's decision to purchase Boeing's 787 Dreamliners has re-ignited the fight for supremacy between Boeing and Europe's Airbus in the civil aviation market, media reports said in Washington.
The national carrier's capacity is expected to grow by 9.2 per cent with the addition of six more Boeing 787 Dreamliners to the fleet, they said. As of February this year, the airline has 13 Dreamliners in its fleet out of a total order of 27.
The issue had come up during a presentation by the Civil Aviation Ministry.
All passengers were evacuated safely via slides.
This week's collection of unbelievably unusual images from across the world
Last October, the national carrier sold five planes of the same type to Etihad Airways for about $350 million.
Trump said in his remarks at the unveiling of the Boeing 787 Dreamliner Aircraft.
Air India and Indian Airlines merged in 2007.
The Indira Gandhi International airport and Birmingham Airport signed an MoU to develop further links and formalise a working relationship.
'It is very clear that Air India cannot be managed by the government.' 'Air India should be run as a separate profit entity.'
EasyJet agreed to buy 35 current-generation A320 aircraft and 100 new-generation A320neo jets, with options for a further 100, the airline announced on the second day of the Paris Airshow.
The company powered its ecoDemonstrator 787 flight test airplane on December 2 with a blend of 15 per cent green diesel and 85 per cent petroleum jet fuel in the left engine.
Air India to shut offices in Cairo, Tehran.
Air India pilots and crew often play musical chairs, leading to a substantial revenue loss for the airline in an inefficiently managed set-up
The airline asserted that the incident "did not affect the flight safety of any crew"
'Indian diplomacy in West Asia under the present government has been a success story -- and with Saudi Arabia in particular,' says Ambassador M K Bhadrakumar.
Air India expects to wipe out some red marks from its balance sheet.
The airline is trying to save on wage costs by cutting the normal notice period of six months by about half for pilots who have already resigned.
Jet Airways remains the number one airline serving foreign routes.
Air India's home market share has fallen from 19.8% in January to 18% in July.
The decision cuts the order book for the European company's newest jet, which is due to enter service in around six months' time, by around 10 per cent.
