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15.03 / 21:51
15.03 / 21:17
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Could Boeing stock extend drop after Congressman share sale
The recent decline in Boeing (NYSE:BA) stock has been a cause for concern among investors and industry experts alike, prompting closer scrutiny of the various factors weighing on the stock. Against this backdrop, the sale of shares by a congressman has emerged as a focal point, raising questions about the timing of the sale. It also prompts the question of whether Boeing's stock decline will extend further.
15.03 / 19:09
Manufacturing
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Boeing tells airlines to check pilot seats after report that an accidental shift led plane to plunge
the sudden plunge of a LATAM Airlines plane flying to New Zealand. Boeing said Friday it recommended that airlines inspect the cockpit seats the next time they perform maintenance on their 787s. The aircraft manufacturer pointed to instructions that include how to disable motors that move the seats.
15.03 / 16:13
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Air India lays off over 180 non-flying staff
Air India has laid off more than 180 non-flying staff in recent weeks, sources said while the airline maintained that the affected people were not able to utilise the voluntary retirement schemes and reskilling opportunities. The loss-making Air India was taken over by the Tata Group in January 2022 and since then, efforts are being made to streamline the business model. An Air India spokesperson on Friday said that as part of the fitment process, employees in non-flying functions have been assigned roles based on organisational needs and individual merit. «A comprehensive process has been followed to assess the suitability of all employees over the past 18 months. During this phase, there have also been multiple Voluntary Retirement Schemes and reskilling opportunities offered to employees.
15.03 / 10:14
Aviat
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International
Federal officials say they're investigating a tire problem on an American Airlines flight to LA
The Federal Aviation Administration says it's investigating an incident in which an American Airlines plane flying from Dallas to Los Angeles suffered a tire problem
15.03 / 10:13
Airlines
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Southern
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International
rowing
Seat belt saved passenger's life on Boeing 737 jet that suffered a blowout, new lawsuit says
More passengers aboard an Alaska Airlines Boeing 737 jet when part of its fuselage blew out in January are suing — including one who says his life was saved by a seat belt
15.03 / 09:19
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International
Ramzan 2024: Pakistan International Airlines bars fasting for pilots, flight attendants on duty. Here is why
Ramadan. This decision is based on medical advice, which highlights the risks of dehydration, fatigue, and reduced alertness associated with fasting while performing operational duties. Pilots and cabin crew members have been instructed not to observe fasting while on duty for both international and domestic flights.
15.03 / 05:33
Aviat
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Cockpit Mishap Might Have Caused Plunge on Latam Boeing 787
A cockpit seat mishap might have pushed a pilot into the controls on a Boeing 787 Dreamliner that took a sudden, terrifying plunge on a flight to New Zealand this week, according to U.S. industry officials briefed on preliminary evidence from an investigation of the incident. A Latam Airlines flight attendant hit a switch on the pilot’s seat while serving a meal, leading a motorized feature to push the pilot into the controls and push down the plane’s nose, these officials said.
15.03 / 02:57
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Seat belt saved passenger's life on Boeing 737 jet that suffered a mid-air blowout in January 2024, says new lawsuit
Alaska Airlines Boeing 737 jet when part of its fuselage blew out in January are suing — including one who says his life was saved by a seat belt. The latest lawsuit, representing seven passengers, was filed in Washington’s King County Superior Court Thursday against Boeing, Alaska Airlines, Spirit AeroSystems and 10 people listed as John Does. Cuong Tran, of Upland, California, was sitting in the row behind where the side of the aircraft tore away and left a door-sized hole on Alaska Airlines Flight 1282 on Jan.
15.03 / 01:33
UPS
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Provident
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Adani Group's $2.1 billion Navi Mumbai Airport to boost India's aviation ambitions
Adani Group-helmed $2.1 billion project in the satellite city of Navi Mumbai is a microcosm of the massive infrastructure overhaul underway in India as its Prime Minister Narendra Modi seeks to outrun China. For Gautam Adani, it’s a test of whether he can put India on the global aviation map. The airport, with a lotus-shaped design mimicking India’s national flower as well as the election symbol for Modi’s party, should start operations in March next year with a capacity for 20 million passengers a year.
14.03 / 22:45
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United Airlines close to leasing Airbus jets, Bloomberg News reports
(Reuters) — United Airlines is close to securing three dozen or more Airbus A321neo jets from aircraft lessors, Bloomberg News reported on Thursday citing people familiar with the matter.
14.03 / 21:49
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Summer prediction: Stormy with tonnes of wanderlust!
Indian travellers are buckling up for a sizzling summer season this year with early indicators from travel companies suggesting exponential demand. Bookings for the country's peak summer period of April-June are already 30-40% higher compared to last year. Officials at domestic airlines told ET that while Indians will be out in full force for the summer season, an inadequate number of flights is likely to trigger a spike in air fares. At online travel company Cleartrip, international flight bookings for the April to June period are 37% higher compared to the same period last year, said Gaurav Patwari, vice president for air category.
14.03 / 18:43
COST
Aviat
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OMC, tyre, paint, among other stocks in focus on March 15 after govt lifts 2-year long freeze on petrol, diesel prices
₹2 per litre across all states. The fuel price reduction comes one week after cooking gas or LPG (liquified petroleum gas) prices were slashed by ₹100 per cylinder ahead of the schedule announcement of Lok Sabha elections 2024. State-run oil refiners such as Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL), and Hindustan Petroleum Corp Ltd (HPCL) and oil explorers such as Oil and Natural Gas Corp (ONGC), Oil India, and others may witness a slide in their respective stocks as the reduction in retail rates passed on to consumers may hurt the refining margins and inventories of the companies.
14.03 / 17:23
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Sikkim's Pakyong airport to resume operations on March 31
Flight services at Sikkim's only airport in Pakyong will resume on March 31 after remaining suspended for six months, a senior official said on Thursday. Low-cost carrier SpiceJet will operate two flights — one from Kolkata and another from New Delhi, Pakong airport Director RK Grover told PTI. The airline will operate daily flights between Kolkata and Pakyong, while the flights between New Delhi and Pakyong will be operated five days a week, he said. SpiceJet will operate 78-seater aircraft on both routes, he added.
14.03 / 10:37
Provident
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wellness
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IndiGo launches 11 new codeshare routes with Australia's Qantas Airways
IndiGo on Thursday announced introducing 11 new connections under its extended codeshare agreement with Australia’s national airline, Qantas Airways, starting from March 31, 2024. «With ticket sales going live from March 12, 2024, IndiGo customers can now fly across major tourist and economic hubs in Australia, from Sydney and Melbourne to Adelaide, Brisbane, Canberra, Gold Coast, and Perth,» the company said in a press note. With the new codeshare connections, customers will be able to continue their journey within Australia on Qantas-operated domestic flights to three additional cities— Adelaide, Canberra, and Gold Coast. It will also provide Indian tourists as well as business and leisure travellers with more options to explore destinations across Australia, especially during the upcoming summer season.
14.03 / 09:23
14.03 / 09:17
Aviat
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hospital
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Preponing your return air ticket? Here's when you can get a full refund from the airline
LiveMint talked to experts to understand under what circumstances a person who has taken travel insurance would be allowed to get a full refund of their return tickets. According to Manas Kapoor, business head of Travel Insurance at Policybazaar.com, travellers can get a full refund in the case of a medical emergency.
14.03 / 08:43
markets
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Manufacturing
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wellness
country
Earlier, it was about functionality in a car, now it is about aspiration: Shashank Srivastava, Maruti Suzuki India
Shashank Srivastava, Executive Director, Maruti Suzuki India Ltd, says “the transformation of Maruti Suzuki is one of the biggest achievements of the company. Of course, we have contributed hugely to the Indian manufacturing sector. We are the leaders in the automobile for the last 40 years of its existence. But it goes beyond that and this transformation actually started coming in from the time in maybe the early 90s when you had that liberalisation era. A lot of other manufacturers came in.” On the first Maruti car ever sold to a customer Shashank Srivastava: The first car was sold to a Sikh gentleman, Harpal Singh. And he used to work in Indian Airlines. This car was handed over to him by none other than the then Prime Minister, Ms Indira Gandhi. This was taken from that customer in 2010, restored, and we have it here. It is very emotional not just for me, but for all employees here.
14.03 / 06:19
UPS
Provident
Aviat
Airlines
security
social
travelers
SpiceJet secures lease agreements for 10 aircraft to bolster summer capacity
SpiceJet's commitment to providing seamless connectivity and enhanced services to its passengers during peak travel seasons. The additional aircraft will enable the airline to meet the growing demand for air travel, particularly during the busy summer months," as per the release. On March 7, SpiceJet announced the successful resolution of a ₹413 crore dispute with Echelon Ireland Madison One, resulting in savings of ₹398 crore and the acquisition of two airframes, as per the statement.
14.03 / 01:13
Aviat
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information
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Pilot seat movement a focus of probe into LATAM Boeing flight, report says
(Reuters) -The movement of a flight deck seat is a key focus of the probe into a sudden mid-air dive by a LATAM Airlines (OTC:LTMAY) Boeing (NYSE:BA) 787 plane that left more than 50 people injured, aviation industry publication the Air Current reported on Wednesday.
13.03 / 20:41
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audit
Boeing promises changes after getting poor grades in a government audit of manufacturing quality
Boeing received bad grades in a government audit of manufacturing quality, and the company says it's making changes to address the situation
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