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Boeing has emerged as the front-runner to secure an order for around 25 wide-body planes from IndiGo, India's biggest airline, industry sources told Reuters on Monday. IndiGo is in talks to buy Boeing's 787 family of twin-aisle aircraft which has been pitted against Airbus' A330neo jets, said the sources who are familiar with the matter. No decision has been finalised, the sources said, requesting anonymity as the negotiations are confidential. IndiGo said it does n...
Boeing front-runner in widebody jet talks with IndiGo
Boeing has announced a $100 million investment in infrastructure and programs to train pilots in India, according to a White House statement released on Thursday. This comes on the heels of Air India signing firm orders of over 200 jets earlier this week from Boeing, which include 20 787 Dreamliners, 10 777Xs, and 190 737 MAX narrowbody aircraft. The development also comes along with a flurry of deals signed by U.S. and Indian companies on the sidelines of Prime Minister Narendra Modi...
Boeing to invest $100 million in infrastructure, pilot training in India
Plane giants Airbus and Boeing face mounting pressure to set up jetliner plants in India, after the country's civil aviation minister told Reuters the "time has come" to serve its soaring demand with jets assembled on domestic soil. Jyotiraditya Scindia said conditions were ripe for a "leap of faith" by both jetmakers as India's fast-growing aeronautical industry reaches an "inflection point" - highlighted by plans to assemble Airbus C295 military tran...
India says `time has come` for Airbus, Boeing to set up jet assembly plants
A shortage of aircraft is hampering IndiGo airline operator Interglobe Aviation Ltd's efforts to ride a travel boom in India and globally, Chief Executive Officer Pieter Elbers said on Monday. "There's an opportunity in the markets where we would like to serve our customers and we cannot do it yet to the extent we would like to do that," Elbers told Reuters in an interview, citing pressure from the shortage of aircraft supply. India's aviation market is booming as ...
India`s IndiGo CEO says aircraft shortage hobbling growth plans
Boeing Co will set up in India a facility to convert passenger aircraft into freight planes to capitalise on growing global demand for cargo, executives from the U.S. aviation firm said on Friday. The facility will add to Boeing's $1 billion supply chain sourcing from India and will help support India's ambitions to become a global cargo hub, Chief Strategy Officer Marc Allen told reporters in New Delhi. He did not give any details about when the facility will be set up or the size...
Boeing says to set up freight conversion facility in India
Air India CEO Campbell Wilson on Monday said that the flag carrier's order for a record 470 aircraft from Airbus and Boeing will be worth nearly $70 billion. While addressing a virtual conference on Monday, the CEO also said that the process of integration of Vistara with Air India is underway and is now awaiting approval from regulatory bodies. Wilson informed that the airline plans to fund the order with a combination of many resources, including internal cash flow, shareholder eq...
Air India's order for record 470 aircraft from Airbus, Boeing will be nearly $70bn: CEO
Tata group-owned Air India's order for a record 470 aircraft from Airbus and Boeing Co will be at a list price of $70 billion, Chief Executive Campbell Wilson said on Monday, as the airline seeks opportunities to expand in long haul international. Air India had, earlier this month, announced provisional deals for 220 planes from Boeing and 250 from Airbus in an order that would eclipse previous records for an order by a single carrier. The airline plans to fund the order with a...
Air India's order for 470 jets at list price of $70 billion
Defence Minister Rajnath Singh on Monday urged Indian and global industry leaders to support the governments push for design, development and manufacture of cutting-edge products using critical technologies in the country to attain complete Aatmanirbharta in the field of defence. "The overall objective is to achieve shared global peace and prosperity," he said while addressing a gathering of over 70 CEOs from local and global original equipment manufacturers (OEMs) during a Round...
Manufacturing cutting-edge products need of the hour: Defence Minister Rajnath Singh at Aero India 2023
Airbus plans to deepen its industrial presence in India, Chief Executive Guillaume Faury said on Wednesday after meeting the country's prime minister. "We will continue to support civil aviation growth and deepen our industrial footprint in India," Faury said on Twitter alongside a photograph of his meeting with India's Prime Minister Narendra Modi. He did not provide further details. Faury's comments on industrial presence come as India is increasingly involved...
Airbus pledges deeper industrial ties with India
India is set to be the world's fastest growing major economy in the year ahead, as a post-pandemic retail boom and recent bank balance-sheet repairs lure new investment, fueling hot demand for everything from cars to televisions, coal and airliners. The world's fifth-largest economy is expected grow 6% in the fiscal year ending March 31, 2024, according to a survey by the Indian central bank this month. While slower than the current fiscal year's projected 6.8% growth, the o...
India`s post-COVID spending boom drives two-speed economy
Aircraft manufacturing company Pratt & Whitney on Monday announced that its PW4000-94-inch engine has surpassed 150 million flight hours and 35 years of operational experience. Over 2,500 engines have been delivered since entry-into-service in 1987. The PW4000-94-inch engine currently serves more than 70 customers in 30 countries, powering Boeing 747/767 and MD-11, Airbus A300/310, and the KC-46A aircraft across passenger, cargo, and military missions. The 94-inch engine was the fir...
Pratt & Whitney`s PW4000-94 engine marks 150 mn flight hours
Air India is close to a deal to order more than 200 Boeing jets including 190 narrowbody 737 MAX and 30 widebody 787s - part of an historic fleet shake-up roughly split with Boeing's European rival Airbus, industry sources said on Friday. The deal is also expected to include an unspecified number of Boeing 777X long-range jets, they added. Airbus is separately moving towards a deal with Air India including at least 200 of its A320-family narrowbody jets as well as dozens of larger A...
Air India jumbo order includes 190 Boeing MAX, 30 787s - sources
Civil Aviation Minister Jyotiraditya Scindia on Thursday launched first-ever non-stop flight between Mumbai and San Francisco. Air India will operate the flight three times a week on Tuesdays, Thursdays, and Saturdays with the newly-inducted Boeing 777-200LR aircraft. This will take Air India's India-US frequency to 40 non-stop flights per week. Presently, Air India operates non-stop flights from Mumbai to Newark, from Delhi to New York, Newark, Washington DC, San Francisco, and Chi...
Jyotiraditya Scindia launches non-stop flight between Mumbai and San Francisco
Air India is learnt to be in talks for acquiring 500 aircraft worth a few billions dollars from two major manufacturers Boeing and Airbus, according to reports. The deal is said to be part of Tata Group's efforts to revive Air India, reports in a section of media said. As per reports, the orders are learnt to include both narrow-bodied and wide-bodied jets. The developments though could not be confirmed, they added. As part of Air India's revival, the Tata group has unveil...
`Air India in talks for acquiring 500 aircraft`
Air India is close to signing an order with Boeing Co to acquire up to 150 737 Max jets, the Economic Times newspaper reported on Saturday, citing sources. The Tata Group-owned Indian carrier will likely place a firm order for 50 737 Max planes with an option to pick up as many as 150, the ET report said. Industry sources had said in July that Air India was moving closer to a decision on a mega order worth $50 billion at list prices to be split between Airbus and Boeing, which included ...
Air India close to signing deal for 150 Boeing 737 Max jets - ET
Tata group-owned carrier Air India said on Monday it will lease 12 more Airbus and Boeing aircraft, days after the Indian conglomerate announced the airline's merger with Vistara. The aircraft, expected to be inducted in the first half of 2023, are in addition to the thirty leased earlier this year as part of the airline's expansion plans. The Tata group is merging Air India with Vistara, its joint venture with Singapore Airlines (SIA), to create a bigger full-service carrier th...
Tata Group`s Air India to lease 12 more aircraft
Dynamatic Technologies is currently trading at Rs. 2715.90, up by 70.90 points or 2.68% from its previous closing of Rs. 2645.00 on the BSE. The scrip opened at Rs. 2750.00 and has touched a high and low of Rs. 2750.00 and Rs. 2682.65 respectively. So far 196 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2814.00 on 25-Nov-2022 and a 52 week low of Rs. 1668.60 on 20-Jun-2022. Last one week high and low of the ...
Dynamatic Technologies soars as its arm signs contract with Spirit AeroSystems
Air India has planned to hire foreign pilots to meet its requirements on the Boeing 777 fleet through a placement firm. Documents regarding recruitment showed that these pilots are being offered better pay, lucrative terms, generous benefits and many other perks that have hardly been offered to Indians. However, many senior Indian pilots termed the move as a "crazy initiative" when India already has efficient and experienced pilots for Boeing 777. Reacting on the move, Capt...
Indian captains react as Air India plans to hire foreign pilots for Boeing 777 fleet
Tata Group-owned Air India is in talks with Boeing and Airbus about ordering new aircraft and is meeting its immediate needs by leasing planes and repairing grounded aircraft, the airline's chief executive said on Saturday. The autos-to-steel conglomerate, which completed its purchase of Air India in January, faces an uphill struggle to upgrade an ageing fleet, turn around the company's financials and improve service levels, industry analysts say. "We are in deep discussion...
Air India in talks with Airbus, Boeing to buy planes, says CEO
Dynamatic Technologies is currently trading at Rs. 2247.95, up by 22.75 points or 1.02% from its previous closing of Rs. 2225.20 on the BSE. The scrip opened at Rs. 2248.30 and has touched a high and low of Rs. 2262.05 and Rs. 2231.95 respectively. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2900.00 on 20-Oct-2021 and a 52 week low of Rs. 1668.60 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 2400.00 and Rs. 2201.05 res...
Dynamatic Technologies rises on completing first F-15 former assemblies for Boeing
Planemaker Boeing Co expects Indian airlines to boost their capacity by at least 25% over the next year as demand rebounds quickly in the world's fastest-growing major market, an executive said on Thursday. "We are forecasting airlines to rebound quickly and add 25-plus percent annual seats back into the market," Dave Schulte, the managing director for regional marketing at Boeing Commercial Airplanes, told reporters. In the longer term, Boeing expects an annual capacity i...
Boeing sees Indian airlines raising capacity by 25% over next year
US aerospace major Boeing's 2022 Pilot and Technician Outlook forecasts demand for 2.1 million new aviation personnel over the next 20 years to safely support the recovery in commercial air travel and meet rising long-term growth. The company said on Monday that the long-term forecast shows that 602,000 pilots, 610,000 maintenance technicians and 899,000 cabin crew members will be needed to support the global commercial fleet over the next two decades, reports Xinhua news agency....
Boeing forecasts demand for 2.1mn new commercial aviation personnel over 20 yrs
Boeing has been cranking out order announcements at this week's Farnborough Airshow, restoring momentum to its troubled 737 MAX, while rival Airbus on Wednesday added to its A320neo order book. Boeing has secured over 100 firm orders for the MAX as it still faces big challenges to certify a crucial new variant before a year-end deadline. Qatar Airways also might be open to reviving a tentative deal for 25 MAX which had lapsed, sources told Reuters. "It's a quiet show, but w...
Boeing, Airbus secure Farnborough orders as sector stabilises
India's newest airline Akasa Air took delivery of its much anticipated first Boeing 737 MAX aircraft in Seattle, the airline said in a statement on Thursday. With a strong commitment to democratise the skies, the airlines' total order of 72 aircraft includes an initial delivery of 18 aircraft by March 2023, followed by delivery of the remaining 54 aircraft over the course of the next four years. The 737 MAX family delivers superior efficiency, flexibility and reliability while r...
Akasa Air takes delivery of first of its 72 aircraft from Boeing
Boeing's passenger spacecraft, the CST-100 Starliner, on Saturday successfully docked itself to the International Space Station (ISS) for the first time, paving the way for its future flights to potentially bring humans to the orbiting laboratory. This was the Starliners' third attempt, on a mission designed to test the end-to-end capabilities of the crew-capable system as part of NASA's Commercial Crew Programme. The first was in December 2019, which failed due to a series ...
Boeing's Starliner spacecraft successfully docks to ISS for 1st time
After two failed attempts since 2019, Boeing's CST-100 Starliner is finally in orbit and is on its way to the International Space Station (ISS) on a mission designed to test the end-to-end capabilities of the crew-capable system as part of NASA's Commercial Crew Programme. The Starliner lifted off on NASA's Boeing Orbital Flight Test-2 (OFT-2) at 6.54 p.m. EDT (4.24 a.m. IST) on a United Launch Alliance (ULA) Atlas V rocket from Space Launch Complex-41 at Cape Canaveral Space F...
Boeing Starliner lifts off to space on NASA's uncrewed flight test
Fuel, currency, and low fares - compared to other aviation markets in the region - are three challenges faced by airlines in India even as the country's aviation sector is on path to recovery from Covid pandemic, a top official of airplane maker Boeing said on Friday. Aviation fuel in India is 90 per cent higher when compared to Middle East and Africa, Asian and Oceania, and North America. About 70 per cent of airlines operational costs are priced in US dollars. Though the Indian ru...
Fuel, currency, fares major challenges for Indian carries, says Boeing
Hyderabad-based AZAD Engineering on Wednesday announced that it had delivered the first consignment of aviation parts to global aerospace major Boeing. The parts were delivered as part of its contract with Boeing for manufacturing and supplying aviation parts and components. AZAD, a strategic supplier to Boeing, had won the contract in July 2021. A dedicated facility was set up in record time and it delivered the first batch of aviation parts on February 24, the company said. These p...
Hyderabad-based AZAD Engineering delivers aviation parts to Boeing
WASHINGTON/SEATTLE -Boeing Co current and former company directors have reached a $237.5 million proposed settlement with shareholders to settle a lawsuit over the board's safety oversight of the 737 MAX aircraft, documents released on Friday show. Following two fatal 737 MAX crashes in the space of five months in 2018-19 that killed 346 people, Boeing's best selling plane was grounded for 20 months and returned to service after the company made significant software and traini...
Boeing directors agree to $237.5 million settlement over 737 MAX safety oversight
Boeing Co's current and former directors have reached an agreement of about $225 million to settle a shareholder lawsuit that claimed the plane maker's board failed to properly oversee safety matters related to the 737 MAX, the Wall Street Journal reported, citing people familiar with the matter. As part of the proposed settlement, Boeing has agreed to hire an ombudsman to handle internal issues and appoint a board member with experience in aviation safety, according to the report ...
Boeing shareholders reach settlement in 737 MAX board oversight suit - WSJ
Boeing has announced that Air Transport Services Group, Inc., the world's largest lessor of 767-300 converted freighters, has contracted with the company for the conversion of four aircraft to 767-300 Boeing Converted Freighters (BCF). The 767-300BCF now has more than 100 orders and commitments from customers around the globe, providing widebody converted freighter capability to meet growing market demand, and building on a record year for customer orders of Boeing's family of frei...
ATSG contracts with Boeing for converted freighter order
Hindustan Aeronautics is currently trading at Rs. 1291.00, up by 30.40 points or 2.41% from its previous closing of Rs. 1260.60 on the BSE. The scrip opened at Rs. 1261.00 and has touched a high and low of Rs. 1303.50 and Rs. 1235.00 respectively. So far 29635 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1568.45 on 18-Oct-2021 and a 52 week low of Rs. 660.00 on 04-Nov-2020. Last one week high and low of the ...
Hindustan Aeronautics zooms on delivering 200th gun bay door for Boeing F/A-18 Super Hornet
Aerospace component maker, the Salem-based Aerospace Engineers Private Ltd will supply components for Boeing India, said the Tamil Nadu government. In a statement issued here, the government said orders for supply of components was handed over by Boeing India's senior official Ashwini Bhargava to R. Sundaram, Managing Director, Aerospace Engineers in the presence of Chief Minister M.K. Stalin at the state secretariat. The government also said Aerospace Engineers will set up a civil ...
Aerospace Engineers to supply components for Boeing, expand facility
Aerospace major Boeing has awarded a contract to India-based Dynamatic Technologies for manufacturing assemblies for its tactical fighter 'F-15EX Eagle II'. According to the aerospace major, this is a first instance in which aerostructures for F-15EX Eagle II will be made in India. Besides, the contract will given a boost to the 'Aatmanirbhar' programme and strengthens US-India collaboration on aerospace and defence industrialisation. Accordingly, Dynamatic Technologi...
Aerostructures of Boeing's F-15EX Eagle II to be built in India
BENGALURU - Budget airline SpiceJet said on Monday it has settled with another lessor of Boeing Co's MAX aircraft, CDB Aviation, as it looks to start operating the aircraft by the end of September after India cleared the 737 MAX to fly last month. The 737 MAX was grounded worldwide in March 2019 after two fatal crashes in five months killed 346 people, plunging Boeing into a financial crisis, which has since been compounded by the pandemic. In August, India's air safety reg...
India's SpiceJet settles with Boeing MAX aircraft lessor CDB Aviation
Global aerospace giant Boeing has maintained the momentum of sourcing from India by going in for deep localisation as well as growing supplier base which caters to its international supply chains. Accordingly, despite challenges posed by the pandemic and global economic upheaval the aerospace giant has continued to source around a billion worth of components and services from India. Presently, 275 suppliers provide the company with advanced components, sub-assemblies and software suppor...
India Sourced: Boeing maintains 'billion-dollar' sourcing from India
Boeing Co's delivery of 787 Dreamliners will likely remain halted until at least late October as the U.S. Federal Aviation Administration has rejected the company's recent proposal to inspect them, the Wall Street Journal reported on Saturday. The FAA confirmed on July 12 that some undelivered Boeing 787s have a new manufacturing quality issue the company needs to fix before shipment. Airlines pay most of the purchase price upon delivery. Boeing met with FAA on Aug. 2 to pers...
New Boeing 787 Dreamliners may not be delivered till late October -WSJ
Aerospace giant Boeing India foresees accelerated recovery in air passenger traffic as vaccinations rise and Covid restrictions ease. Accordingly, the aerospace major expects a fast paced traffic recovery on domestic routes followed by overseas ones. "In the commercial market, while near term pressure due to Covid-19 remains, the recovery is accelerating and many of the key long-term fundamentals remain intact," said Boeing India President Salil Gupte said. "The pace...
Accelerated Recovery: Boeing foresees rising air passenger traffic
India on Thursday granted safety permission for restart of Boeing 737 Max operations in the country. Aviation regulator DGCA had suspended the aircraft's operations in March 2019 after two fatal crashes. "This rescission enables operation of Boeing Company Model 737-8 and Boeing Company Model 737-9 airplanes only upon satisfaction of applicable requirements for return to service," the DGCA said in its order. At present, only SpiceJet has 737 Max in their fleet. It has 1...
India grants permission for restart of 737 Max ops
Commercial jets delivered by Boeing Co last year will account on average for emissions equivalent to 1 million tonnes of carbon dioxide each over their 20-year-plus lifespans, a new report from the planemaker shows. Boeing is the latest company to report so-called Scope 3 emissions that result when customers use their products, amid pressure from investors and climate activists for data on how companies are performing on limiting their environmental impact. The report sheds further ligh...
Boeing jets emissions data highlights industry's green challenge
RENTON Wash. (Reuters) - Boeing Co's 737 MAX 10, the largest member of its best-selling single-aisle airplane family, took off on its maiden flight on Friday, in a further step toward recovering from the safety grounding of a smaller model. The plane completed a roughly 2-1/2-hour flight over Washington State, returning to Renton Municipal Airport near Seattle at 12:38 p.m. The first flight heralds months of testing and safety certification work before the jet is expected to en...
Largest Boeing 737 MAX model takes off on maiden flight
SEATTLE/PARIS - Boeing Co CEO Dave Calhoun faces a multibillion-dollar dilemma over how to rebuild sales in its core airliner business that has sparked an internal debate and put the future of the largest U.S. exporter on the line, industry insiders say. Boeing is reeling from a safety scandal following crashes of its 737 MAX airliner and an air travel collapse caused by the pandemic. Those crises have overshadowed a deeper, longer term risk to the company's commercial passenger jet bu...
The $15 billion jet dilemma facing Boeing`s CEO
As India and its healthcare systems battle a steep surge in Covid cases across the country, transportation major FedEx Express, a subsidiary of FedEx Corp., is working with organisations around the world to deliver critical medical supplies and equipment to India. FedEx is currently supporting the transportation of more than 25,000 oxygen concentrators and converters through an initiative of the US-India Strategic Partnership Forum and other multinational companies. An initial shipment ...
FedEx to deploy Boeing 777F to deliver medical supplies to India
WASHINGTON - The U.S. Federal Aviation Administration (FAA) on Thursday said 106 Boeing 737 MAX airplanes have been grounded worldwide by an electrical issue and said the U.S. planemaker is still working on a fix. Boeing disclosed an electrical power system issue on April 7 and recommended operators temporarily remove these airplanes from service. The problem involved the electrical grounding - or connections designed to maintain safety in the event of a surge of voltage - inside ...
Boeing still working on fix for 106 grounded 737 MAX planes -U.S. FAA
WASHINGTON - The U.S. Transportation Department's Office of Inspector General said on Tuesday it will audit the Federal Aviation Administration's (FAA) November decision to unground the Boeing 737 MAX and other agency decisions. The 737 MAX was grounded in March 2019 after two crashes in Indonesia and Ethiopia within five months killed 346 people. The FAA approved its return to service after significant safety enhancements developed during the plane's 20-month grounding. ...
U.S. watchdog will review FAA decision to unground Boeing 737 MAX
India's civil aviation regulator Directorate General of Civil Aviation (DGCA) partially lifted the operational ban on the Boeing 737 Max aircraft. Accordingly, conditional approval has been granted to foreign airlines to operate the aircraft through Indian air space with prior approvals. However, these aircraft's can not operate flights to India. Besides, some of the grounded 737 Max in India which are owned by foreign lessors can be flown out of the country. "Operati...
Regulator partially lifts B737 Max`s ops ban
WASHINGTON - Airlines pulled dozens of 737 MAX jets from service on Friday after Boeing Co warned them of a possible electrical insulation fault in the recent production of some planes. The glitch is the latest problem to beset Boeing's most-sold model but is not related to computer design problems that contributed to a 20-month safety ban in the wake of two crashes. Regulators said the new problem involved the electrical grounding - or connections designed to maintain safety in the...
Airlines pull some Boeing 737 MAX jets after production snag
WASHINGTON - Airlines suspended the use of dozens of 737 MAX jets on Friday after Boeing Co warned them of a possible electrical fault in the production of some planes. The glitch is the latest problem to beset the U.S. planemaker's most-sold model but is not related to cockpit safety issues that led to an almost two year grounding, lifted five months ago. The grounding followed two crashes that killed 346 people. Boeing told airlines that repairs for each plane could take a matter ...
Boeing production issue prompts airlines to pull some 737 MAX jets from service
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