Air India selects up to 290 Boeing jets
NEW DELHI:Boeing and Air India today announced the carrier has selected Boeing’s family of fuel-efficient airplanes to expand its future fleet with plans to invest in 190 737 MAX, 20 787 Dreamliner and 10 777X airplanes. Along with a comprehensive set of aviation services, Air India is advancing its fleet strategy to sustainably address South […]
Air India seals ‘historic’ deal of 500 new jets from Airbus, Boeing: Report
NEW DELHI: Air India has sealed a jumbo deal for about 500 new planes worth more than $100 billion at list prices, in what could become the single largest order by any airline as it seeks to reinvent itself under its new owners, industry sources told Reuters. The deal, split equally between France’s Airbus and […]
Air India nears historic order for up to 500 jets from Airbus and Boeing
PARIS/NEW DELHI: Air India is close to placing landmark orders for as many as 500 jetliners worth tens of billions of dollars from both Airbus and Boeing as it carves out an ambitious renaissance under the Tata Group conglomerate, industry sources said on Sunday. The orders include as many as 400 narrow-body jets and 100 […]
Air India announces to lease six Boeing 777 aircraft to expand its fleet
MUMBAI (INDIA): Air India on Monday said it is leasing six wide-body Boeing B777 aircraft to expand its existing fleet, which will be in addition to the leasing of 30 planes announced earlier this year. Earlier in the day, the Tata Group-owned full service carrier had announced that it has decided to lease 12 aircraft […]
Jet Airways in ‘advanced discussions’ with Boeing, Airbus for buying aircraft
NEW DELHI: Jet Airways, which is preparing to relaunch operations next year, on Friday said it is in “advanced discussions” with Boeing and Airbus for buying and leasing planes. The grounded airline has been acquired by Murarilal Jalan-Kalrock Capital consortium under the insolvency resolution process. The ongoing discussions are part of the grounded airline’s revival […]
SpiceJet to add 66 new flights to domestic network from Mar 28
BALLIA: BSP MP Afzal Ansari has accused the BJP of indulging in politics of hatred and pushing the country backwards by five decades by “destroying” social harmony. Ansari claimed that after the upcoming assembly elections to five states were over, the BJP government would divide Uttar Pradesh into four parts. Speaking at a programme at […]
Boeing awarded $7 billion contract for 12 more KC-46 tankers
NEW DELHI: This week the U.S. Air Force awarded Boeing a $1.7 billion contract for 12 KC-46A tanker aircraft. With this sixth production lot, Boeing is now on contract for 79 KC-46A tankers. The company delivered the first KC-46A to the Air Force in January 2019. Since then, Boeing has delivered 42 tankers to four […]
Boeing will pay USD 2.5 billion to settle charge over 737 Max
WASHINGTON: Boeing will pay USD 2.5 billion to settle a Justice Department investigation and admit that employees misled regulators about the safety of its 737 Max aircraft, which suffered two deadly crashes shortly after entering airline service. The government and the company said Thursday that the settlement includes money for the crash victims’ families, airline […]
Ryanair to buy 75 extra 737 MAX jets in boost for Boeing
NEW DELHI: Boeing and Ryanair have announced that Europe’s largest airline is placing a firm order for 75 additional 737 MAX airplanes with a list price of $9 illion,, increasing its order book to 210 jets. Ryanair again selected the 737 8-200, a higher-capacity version of the 737-8, citing the airplane’s additional seats and improved […]
Middle East to require nearly 3,000 new airplanes worth $685 billion by 2039
NEW DELHI: Boeing anticipates demand for 2,945 new airplanes in the Middle East valued at $685 billion over the next two decades, as the industry recovers from the COVID-19 pandemic in the medium and long term. The projection is part of Boeing’s 2020 Commercial Market Outlook (CMO), an annual forecast of 20-year demand for commercial […]
More freighters needed to support global supply chains and e-commerce expansion: Boeing
NEW DELHI: Boeing its biennial World Air Cargo Forecast (WACF), reflecting COVID-19 impacts and opportunities as well as substantial long-term demand for freighters over the next two decades. Enabled by a rebound in global trade and long-term growth, the WACF forecasts demand for 2,430 freighters over the next 20 years, including 930 new production freighters […]
Boeing, Partners commit to boost Canadian Economy by $61 billion
NEW DELHI: Through five new agreements, Boeing and its Canadian aerospace partners are preparing to deliver C$61 billion and nearly 250,000 jobs to the Canadian economy. “Canada is one of Boeing’s most enduring partners and has continuously demonstrated that they have a robust and capable industry supporting both our commercial and defence businesses,” said Charles […]
Spokesman: China to sanction US arms suppliers to Taiwan
BEIJING:China will impose sanctions on US companies including Boeing and Lockheed Martin for supplying weapons to rival Taiwan, a foreign ministry spokesman said Monday. Raytheon also will be affected, said the spokesman, Zhao Lijian. He gave no details of what penalties might be imposed or when. China and Taiwan split during a civil war in […]
Boeing bags $477 million performance based logistics contract from Defense Logistics Agency
NEW DELHI: Boeing said that it has received a Performance Based Logistics (PBL) contract award valued at $477 million from the Defense Logistics Agency (DLA) for supplies, full supply chain management and logistics services to ensure long-term, affordable sustainment of multiple weapon systems platforms. Work will be performed under a fixed-price, master services agreement. Under […]
First NH90 delivered to the Spanish Air Force for search and rescue missions
NEW DELHI: NHIndustries and its Partner Companies (Airbus Helicopters, Leonardo and Fokker) have delivered the first NH90 to the Spanish Air Force that will boost their search and rescue (SAR) and combat search and rescue (CSAR) mission capabilities. The Spanish Air Force will receive 12 NH90s intended to replace its aging fleet of AS332 Super […]
Boeing forecasts challenging near-term aerospace market with resilience in long term
NEW DELHI: Boeing said that it has released its annual forecast for the commercial and defense aerospace market, reflecting the impact of the COVID-19 pandemic and Boeing’s view of near-, medium- and long-term market dynamics. The 2020 Boeing Market Outlook (BMO) projects that the commercial aviation and services markets will continue to face significant challenges […]