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Subscribe to enjoy similar stories. India has secured lower tariffs from the US with the first phase of a bilateral trade agreement, but details shared last week, especially by Washington and President Donald Trump, have raised questions about the deal’s sustainability. Three issues sit at the core: Can India realistically buy $500 billion worth of US goods over five years? Has it committed to halting oil imports from Russia? And does the deal shield India from future tariff hikes or trade restrictions? Each of these questions highlights the gap between the deal’s promises and the practical challenges ahead.

Subscribe to enjoy similar stories.Air India has said it will complete the retrofit of its legacy aircraft by 2029, nearly two years later than originally planned, after supply-chain constraints slowed its fleet overhaul plans. The final phase of the programme will cover 19 wide-body jets starting in the second half 2027 and is expected to take up to two years to complete, a senior executive said on Sunday.“There are some 777 Boeing aircraft which will be sent for retrofit in the second half of 2027 and these will be ready in the next 18 to 24 months… so by 2029.

₹200–300 crore in the new facilities, even as competition intensifies with airlines and airport operators moving to build captive maintenance bases.Carriers such as Air India, IndiGo and Akasa Air have outlined plans to set up their own MRO infrastructure, including at Bengaluru and Jewar, tightening the competitive landscape AIESL is stepping into.AIESL, originally set up as a wholly owned subsidiary of Air India, was later hived off into AI Assets Holding Co. Ltd following the Tata group’s acquisition of the airline.The company is evaluating a calibrated approach to expansion.

Subscribe to enjoy similar stories. In the battle for AI dominance, every engine of the economy is getting recruited into the fight—including jet engines. Jet engine leasing and repair company FTAI Aviation plans to start selling a modified version of the engine used in the Boeing 737 to power data centers this year.

Subscribe to enjoy similar stories. MUMBAI/NEW DELHI: After nearly two years of delivery disruptions, Akasa Air is emerging from aircraft supply constraints, an inflexion point that allows India’s third-largest airline to restart pilot hiring, stick to its original growth plan and avoid costly short-term fixes in a fiercely competitive aviation market. “So I’d say that’s a thing of the past," Vinay Dube, the founder and chief executive officer of Akasa Air, said in an interview with Mint, referring to earlier delays.

Subscribe to enjoy similar stories. Making passenger planes is an exceptionally daunting task. There are safety requirements and complex systems, not to mention sky-high costs.

Subscribe to enjoy similar stories. Europe’s most important central banks are likely to hold interest rates steady on Thursday. Just like the Federal Reserve, policymakers across the Atlantic are in wait-and-see mode.

Subscribe to enjoy similar stories. Hyderabad: India's top airlines IndiGo, Air India and Akasa Air may together add 240 aircraft in the next two years, expanding their fleet size by a combined 30%. Currently, the three carriers have a combined strength of 804, a number which may swell to 1,044 by the end of 2027.

Subscribe to enjoy similar stories. On 27 January 2022, the government sold its beleaguered airline Air India to the Tata Group. Four years later, the airline is in better shape, on a path of consolidation, growth, and repair.

Subscribe to enjoy similar stories. The Qatari-donated plane being overhauled to become a new Air Force One jet is on track to be delivered to President Trump this summer, according to the Air Force. While the exact delivery date hasn’t yet been determined, it is possible the plane, painted in the red, white and dark-blue scheme favored by the president, could be part of the July festivities celebrating the country’s 250th birthday.

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It is apparent that IndiGo has used its dominance of India’s air travel market to blackmail the authorities into giving it relief—albeit temporary—from compliance with tighter rules on night landings and how long and late into the wee hours pilots and crew can be put to work. In the process, it has penalized the vast majority of air travellers.With the airline’s market share above 60%, its bulk cancellation of flights left passengers stranded and let rival operators fleece fliers with steep fares until the government stepped in to cap fares.This has exposed a regulator powerless to enforce its fiat in the face of determined resistance by a dominant player. This cannot be allowed to stand.

Amazon is preparing to launch its first full batch of Project Kuiper satellites next week, marking a crucial milestone in the tech giant's bid to compete with Elon Musk's Starlink. The mission, named Kuiper Atlas 1, will launch 27 satellites using an Atlas V rocket from Cape Canaveral, Florida at 12:00 pm EDT (1600 GMT) on Wednesday, April 9, Amazon said. The deployment will be carried out by the United Launch Alliance (ULA) industrial group, a joint venture between Boeing and Lockheed Martin.

Boeing CEO Kelly Ortberg assured lawmakers on Wednesday that the company will not accelerate production of its 737 MAX aircraft until it establishes a «stable system.» Before the Senate Commerce Committee appearance, Ortberg stated Boeing remains dedicated to quality control while avoiding production increases. Immediately following the January 2024 mid-air emergency with the Alaska Airlines 737 MAX 9, Boeing decided to take action.

Lawmakers have been scrutinizing the company since a January 2024 mid-air emergency involving a new 737 MAX 9 that was missing four key bolts raised fresh questions about Boeing's quality and safety culture, as well as regulatory oversight. «New leadership at Boeing will get a chance to tell Congress how they are implementing new safety standards and creating a stronger safety culture,» said Senator Maria Cantwell, the top Democrat on the committee. Ortberg will tell senators Boeing made «serious missteps» in recent years but has since made «sweeping changes», according to a copy of prepared testimony seen by Reuters and confirmed by the planemaker. «Boeing has made serious missteps in recent years — and it is unacceptable. In response, we have made sweeping changes to the people, processes, and overall structure of our company,» Ortberg will say in his written testimony.

Sunita Williams, whose father hails from India, has returned to Earth after an unexpected 278-day stay aboard the International Space Station (ISS). During her first press conference post-return, Williams and fellow astronaut Butch Wilmore shared insights on everything from their experience in space to the future of Boeing’s Starliner spacecraft. Amid political tension and the public’s curiosity, Williams offered a unique perspective on her journey, expressing deep gratitude for her mission and shedding light on her future plans, including a visit to India.

Subscribe to enjoy similar stories. The U.S. is entrusting its most expensive jet-fighter program in history to a company that hasn’t successfully launched a commercial or military aircraft in a decade.

Air India Express will take delivery of several narrow-body planes during the year, allowing it to capture strong growth opportunities in the latter half of the year on domestic and short-haul international routes. «Well, our operating fleet is going to be pretty flat this year (FY26), in part because of delays to delivery, but also because we're taking aircraft out of service to do the refit, the Boeing B787s and the B777s in particular. And so, it means that we're actually not able to grow. But it's an investment for a good purpose,» said Wilson. Air India currently has a fleet of 198 planes including 70 inherited from Vistara-the erstwhile full-service joint venture between Tata Sons and Singapore Airlines. Separately, Air India Express operates 103 aircraft-36 Airbus and 67 Boeing-including 38 new Boeing jetliners from an October 2023 order. Nine more narrow-bodies are slated to join by this June.

The Next Generation Air Dominance (NGAD) program will replace Lockheed Martin's F-22 Raptor with a crewed aircraft built to enter combat alongside drones. The plane's design remains a closely held secret, but would most likely include stealthiness, advanced sensors and cutting-edge engines. Lockheed and Boeing are competing for the winner-take-all engineering and manufacturing development contract, worth more than $20 billion. The winner will eventually receive hundreds of billions of dollars in orders over the contract's multi-decade lifetime. For Boeing, a win would mark a sharp reversal of fortunes for a company that has struggled on both the commercial and defense sides of its business; a loss could be devastating. A victory for Lockheed Martin, the world's largest defense contractor, would keep its high-end offerings — it also makes the stealthy F-35 — on an upward trajectory. An Air Force spokesperson and Boeing and Lockheed representatives did not immediately respond to requests for comment.

Subscribe to enjoy similar stories. The Bank of England left its key interest rate unchanged, with major economies on both sides of the Atlantic confronting a nasty mix of faltering economic growth, rising inflation and President Trump’s trade threats. The BOE left the rate at 4.5% on Thursday, matching the Federal Reserve’s move a day earlier.

Air India is exploring a fresh multi-billion dollar order for dozens of widebody jets from Boeing and Airbus, industry sources said, furthering the former state carrier's transformation under new owner Tata Group. The deliberations involve 30 to 40 aircraft split between the Airbus A350 and Boeing 777X models, with one source suggesting the potential deal could exceed 50 jets. Details have not been finalised, the sources added. «Things should become clearer closer to the Paris Air Show (in June),» one of the sources said, asking not to be named.