Aviat Financial News
10.01 / 01:47
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International
Alaska incident: FAA grounds all Boeing 737 Max 9 planes
AFP reported. Speaking to employees at a safety meeting called after Friday's emergency landing, Calhoun said, “We're going to approach this (by) number one acknowledging our mistake." The attempt to get the 737 Max 9 back in the air was delayed on Tuesday when federal regulators ordered Boeing to change its guidelines for how airlines should inspect the aircraft. This was due to a part in one of the planes blowing out during a flight late last week.
10.01 / 00:56
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Fastenal
Boeing CEO admits mistakes, says mid-air blowout 'can never happen again'
By David Shepardson, Valerie Insinna and Tim Hepher
09.01 / 23:49
Citi
FIVE
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Parke
BURST
Family of British tourist among 5 killed in 2018 Grand Canyon helicopter crash wins $100M settlement
A Nevada judge has approved a $100 million cash settlement to the parents of a 31-year-old British tourist who died in a helicopter crash at the Grand Canyon
09.01 / 23:19
UPS
Aviat
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reports
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Airlines say they found loose parts in door panels during inspections of Boeing Max 9 jets
Federal investigators are learning more about how a door panel flew off an Alaska Airlines jetliner last week
09.01 / 23:13
Aviat
Airlines
Boeing
travelers
Investigations
What to know about the blowout on a Boeing 737 Max 9 jet and why most of the planes are grounded
An emergency landing by an Alaska Airlines jetliner last Friday prompted U.S. authorities to ground most of Boeing's 737 Max 9 aircraft, another black mark in the troubled history of the company's Max jets
09.01 / 21:03
Aviat
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Landmark
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Interviews
Fighter Jet engine deal with India to start this year: GE Aerospace's Amy Gowder
Hindustan Aeronautics Ltd (HAL) will be shared with the state-run company early this year, GE Aerospace Defence & Systems President Amy Gowder told ET. In an exclusive interview, the top executive said the scope of the technology transfer to HAL will be higher than what GE has done with other partners and that options to export engines and components from India are firmly on the table. She added that GE is keen to participate in the development of next generation engines for India's Advanced Multirole Combat Aircraft (AMCA) and has a technological advantage over competitors. Speaking on the landmark pact to manufacture GE Aviation's F414 INS6 engines in India with HAL as the lead partner that was announced during Modi's visit to the US, Gowder said a detailed technology transfer process is underway. «Early this year, we will have a proposal to them and that kicks off formalising the agreement with HAL and the government.
09.01 / 16:04
UPS
Reuters
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Carlyle
Carlyle Aviation Partners expresses interest in SpiceJet: Report
Carlyle Aviation Partners has reportedly expressed its interest for SpiceJet, Reuters reported on January 9 citing a source-based article by CNBC TV 18. Earlier, in mid 2023, the airline had sought shareholder approval to issue 5.91% stake in the low-cost airline to Carlyle Aviation Partners--the aircraft financing unit of global private equity giant Carlyle Group. In December, the cash-strapped airline had got a lifeline in the form of investment from a clutch of funds and high net worth individuals. The Rs 2,254 crore investment was done through the issue of up to 130 million convertible warrants and 320.8 million fresh equity shares. The fundraising counts 64 investors amongst which there are funds like Elara India Opportunities Fund, Aries Opportunities Fund, and Prabhudas Lilladher, Nexus Global and Mumbai based businessman Harihara Mahapatra and Arjun Juneja of Mankind Pharma. The shares are to be issued at Rs 50 apiece. SpiceJet promoter Ajay Singh holds 56.5 % stake in the company, and, out of this, 37.9 % is pledged with various banks.
09.01 / 14:30
Provident
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Your Questions Answered: I am a pilot, where can I find affordable life insurance coverage?
Hi Rohit, the job of a pilot is indeed an exciting journey filled with adventure and responsibility. However, it's no secret that certain professions, including aviation, are deemed high-risk by insurance companies. That translates into higher premiums. Finding affordable life insurance coverage tailored to your needs is a crucial aspect of financial planning.
09.01 / 13:29
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United, Alaska Airlines find loose hardware on Boeing jets - reports
Investing.com — Boeing (NYSE:BA) shares were marginally lower in premarket U.S. trading on Tuesday after two airlines reportedly discovered loose parts on some grounded models of the planemaker's 737 Max 9 jet, threatening to compound growing safety concerns following a dangerous mid-air blowout on an Alaska Airlines flight last week.
09.01 / 08:55
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Factbox-What airlines, regulators are doing about Boeing 737 MAX 9 jets
(Reuters) -The latest setback for Boeing (NYSE:BA)'s top-selling 737 MAX aircraft occurred on Friday when a panel blew off an Alaska Airlines plane forcing its pilots to make an emergency landing.
09.01 / 04:57
08.01 / 20:05
Aviat
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International
Federal officials order grounding of some Boeing 737 Max 9 jetliners after plane suffers a blowout
Federal officials have ordered the immediate grounding of some Boeing 737 Max 9 jetliners until they are inspected after an Alaska Airlines plane suffered a blowout that left a gaping hole in the side of the fuselage
08.01 / 20:03
Provident
Aviat
Airlines
Boeing
country
travelers
Investigations
What to know about the Alaska Airlines 737 Max 9 jet that suffered a blowout
An emergency landing by an Alaska Airlines jetliner has prompted U.S. federal authorities to ground some Boeing 737 Max aircraft, adding another episode to the troubled history of Boeing’s Max lineup of jets
08.01 / 20:03
UPS
Aviat
CEO
Airlines
Boeing
Photos
Investigations
Boeing faces new questions about the 737 Max after a plane suffers a gaping hole in its side
The emergency landing of a Boeing 737 Max jetliner with a gaping hole in its side is renewing safety concerns about the planes and creating new headaches for Boeing
08.01 / 20:01
FIVE
Aviat
Airlines
Boeing
reports
testing
prevention
Boeing still hasn't fixed this problem on Max jets, so it's asking for an exemption to safety rules
Boeing wants an exemption from federal safety standards for an anti-icing system on its new, smaller version of the 737 Max airliner
08.01 / 17:13
markets
COST
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Boeing shares tumble after US grounds some 737 MAX jets
shares fell 8.6% in early U.S. trading on Monday and were set to erase nearly $13 billion in market value following the temporary grounding of some of its best-selling 737 MAX jets by the U.S.
08.01 / 13:21
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Reuters
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NVIDIA
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fall
Boeing, Alaska Air, Spirit AeroSystems fall premarket; Nvidia, Moderna rise
Investing.com — U.S. futures retreated Monday, with investors cautious ahead of the release of the key monthly inflation data later in the week, which could determine risk appetite going forward.
08.01 / 12:48
UPS
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cover
Investigations
US investigators retrieve 737 MAX jet panel, Boeing shares sink
By Lisa Barrington, Joanna Plucinska and David Shepardson
08.01 / 10:36
08.01 / 09:17
markets
Aviat
Manufacturing
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performer
Updates
Boeing shares slide in Frankfurt after FAA grounds some MAX 9s
LONDON (Reuters) -Boeing shares listed in Frankfurt fell almost 8% early on Monday after the U.S. Federal Aviation Administration ordered the temporary grounding of some Boeing (NYSE:BA) 737 MAX 9 jets.
08.01 / 09:15
markets
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wellness
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inflation data
European stocks mixed; caution ahead of important inflation data
Investing.com — European stock markets traded in a mixed fashion Monday, with risk appetite subdued at the start of a week that includes the release of key inflation data from the U.S., Japan and China.
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