Boeing Financial News
20.03 / 06:47
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Akasa’s ambitions face risk as Boeing’s delays create turbulence, leave pilots idle
Akasa Air, with top executives privately criticising Boeing for delayed plane deliveries and scrambling to assuage hundreds of anxious pilots who remain idle without work. Troubles at Akasa, backed by an Indian billionaire's family, are among the starkest examples of how Boeing's woes are crippling airlines globally and having a ripple effect on their planned expansions. The Mumbai-based low-cost airline, which started operations about three years ago, has a fleet of 27 planes, but has 226 jets — all Boeing 737 MAXs — on order. Deliveries have been delayed as Boeing's 737 programme faced regulatory scrutiny after a mid-air cabin panel blowout last year and suffered from the effects of a seven-week workers' strike.
20.03 / 02:39
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Dollar wobbles as Fed soothes market nerves with rate cut projection
U.S. policymakers projected likely two quarter-point interest rate cuts later this year, the same median forecast as three months ago, even as they expect slower economic growth and higher inflation. On Wednesday, the Fed held its benchmark overnight rate steady in the 4.25%-4.50% range.
19.03 / 23:37
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Mint Primer | Sunita Williams’ return: Is space travel so tricky?
Subscribe to enjoy similar stories. Williams’ and fellow Nasa astronaut Butch Wilmore’s mission aboard a Boeing spacecraft has finally ended and they are safely back on Earth. A leaking propulsion tank and faulty thrusters in the Boeing Starliner threw return plans off schedule.
19.03 / 23:17
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NASA Astronauts' Return: President Donald Trump takes credit. Here’s what happened
White House has praised President Donald Trump for the return of two NASA astronauts who were part of the failed Boeing Starliner mission. However, NASA had already made arrangements for their return before Trump took office. The astronauts returned safely after nine months in space.
19.03 / 20:45
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Boeing shares jump following Japan Airlines orders, CFO says cash burn is improving
Japan Airlines on Wednesday. The airline plans to replace its older Boeing 767 aircraft with 11 new planes from Airbus.
19.03 / 18:49
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The Boeing Starliner Saga left Sunita Williams struggling—But now comes her toughest mission yet
NASA released images of Sunita Williams and fellow astronaut Butch Wilmore stepping back onto solid ground, something was immediately clear—this mission had taken a visible toll. Williams, 59, looked noticeably thinner, her wrists appearing fragile, her hair greyer, her face more gaunt. Medical experts say these are telltale signs of the intense physiological strain that months in space can inflict. Williams and Wilmore were originally meant to spend just eight days on the International Space Station (ISS) after launching on June 5, 2024. But technical failures with Boeing’s Starliner spacecraft turned their short trip into a 286-day marathon in microgravity. When they finally splashed down off the Florida coast, the effects were undeniable.
19.03 / 18:15
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Trump's tariffs could deal a blow to Boeing and the aerospace industry
But his tariffs could have the opposite effect on the company's suppliers. Trump has imposed a few tariffs so far, but he says more are coming in just a few weeks. That threat has unnerved the aerospace industry, of which Boeing is one of the largest companies. Duties on aluminum and steel, two of the most important raw materials used in aircraft, are expected to raise manufacturing costs. But the industry is far more concerned by tariffs that take effect on goods from Canada and Mexico next month, which could disrupt the highly integrated North American supply chain. «These tariffs are particularly fraught for an industry like aerospace that has been duty-free for decades,» said Bruce Hirsh, a trade policy expert at Capitol Counsel, a lobbying firm in Washington, which has aerospace clients. «Parts are coming from everywhere.» Many companies have been able to avoid costly cross-border tariffs under a short-term reprieve for products covered by a North American trade agreement that Trump negotiated in his first term. But that deal expires in April.
19.03 / 14:07
19.03 / 13:01
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Treasury pushes ahead with digital gilt pilot using BoE's Sandbox
In her Mansion House speech in November last year, Chancellor of the Exchequer Rachel Reeves said the government intended to trial a pilot digital gilt instrument (DIGIT) issuance using DLT. In an update on Tuesday (18 March), Reeves added that the government was engaging with the UK Debt Management Office (DMO) «to understand what technological options are available to facilitate an issuance» and how DIGIT can «best be designed to stimulate wider development and adoption of DLT infrastructure across UK capital markets». FCA launches AI Lab to bolster innovation and development in fin...
19.03 / 07:31
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NASA Sunita Williams News LIVE: New images show Crew-9 astronauts in blue suits in Houston
Tap here to watch the splashdown!Sunita Williams is an Indian-American NASA astronaut with a history of record and achievements.Sunita Williams launched into space, along with Butch Wilmore, on a Boing Starliner spacecraft on June 5, 2024. It was Starliner’s first crewed flight.
19.03 / 04:02
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Sunita Williams is not an ordinary person: NASA astronaut's cousin
Sunita Williams returned to Earth after being stranded at the International Space Station for nine months, her cousin Dinesh Rawal on Wednesday said that the NASA astronaut will change the world as she is not an ordinary person. «When she returned, we jumped with joy… I was so happy… Till yesterday, I had an unsettling feeling deep in my heart… God has listened to our prayers and brought our Suni back safely… Sunita is not an ordinary person… She will change the world,» Dinesh Rawal told ANI. Earlier, NASA Crew-9 astronauts breathed earthly air for the first time in over nine months following the successful splashdown of SpaceX's Dragon capsule. The astronauts disembarked the capsule on stretchers, as is customary, CNN reported. This precaution is taken by SpaceX for all astronauts returning from long-duration space missions. Delays caused by issues with Boeing's Starliner spacecraft, which surfaced during a test flight piloted by Butch Wilmore and Sunita Williams last summer, led to the astronaut duo remaining in space for nine months instead of a week, CNN reported. NASA's SpaceX Crew-9 completed the agency's ninth commercial crew rotation mission to the International Space Station on Tuesday, splashing down safely in a SpaceX Dragon spacecraft off the coast of Tallahassee, Florida, in the Gulf of America, according to a NASA statement.
19.03 / 02:39
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Promise made, promise kept: White House hails return of Crew-9 astronauts, thanks Elon Musk
NASA Crew-9 astronauts Sunita Williams, Nick Hague, Butch Wilmore, and Russian cosmonaut Aleksandr Gorbunov. The White House stated that the astronauts safely returned in the Gulf of America, crediting Elon Musk for their safe return. «PROMISE MADE, PROMISE KEPT: President Trump pledged to rescue the astronauts stranded in space for nine months. Today, they safely splashed down in the Gulf of America, thanks to Elon Musk, SpaceX, and NASA!» Elon Musk congratulated the NASA and SpaceX teams on their successful return and thanked Trump for prioritising the mission. «Congratulations to the SpaceX and NASA teams for another safe astronaut return! Thank you to Donald Trump for prioritizing this mission!»
18.03 / 16:49
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Sunita Williams, Butch Wilmore return: Which astronauts have spent the longest time in space?
Astronauts Barry ‘Butch’ Wilmore and Sunita Williams are all set to return to Earth after being stranded for 286 days aboard the International Space Station (ISS). Technical issues with their Boeing Starliner spacecraft led to the duo staying longer at the ISS than planned. The SpaceX Dragon capsule, which is bringing the astronauts back, is set to land at 5:57 pm ET off the coast of Florida, if the weather conditions are amenable. Sunita Williams and Butch Wilmore are not the only astronauts to have completed months aboard the ISS. The record for spending the maximum number of days goes to another astronaut.
18.03 / 09:01
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Air India CEO warns aircraft shortage to last at least four years
Air India CEO Campbell Wilson on Tuesday said the global aircraft shortage hampering airline growth will persist for four to five years as supply snags hobble production at jetmakers Boeing and Airbus. Speaking at an event organised by travel news website Skift, Wilson said he sees pinch points in the supply of narrowbody jet engines, business and first class seats, and some elements of aircraft fuselages. Air India is in the midst of an ambitious turnaround strategy two years after Tata Group took control of the airline, but its restructuring efforts have been complicated by jet delivery delays.
17.03 / 22:17
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When will NASA astronauts Barry Wilmore and Sunita Williams return? Everything we know
NASA astronauts Barry ‘Butch’ Wilmore and Sunita ‘Suni’ Williams are scheduled to return to Earth after an unplanned nine-month stay aboard the International Space Station (ISS). Initially set for a brief mission, technical issues extended their time in orbit. They will return alongside fellow astronaut Nick Hague and Russian cosmonaut Aleksandr Gorbunov.
17.03 / 17:55
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After nine months in zero gravity—Sunita Williams, Butch Wilmore prepare for a gravity-shocking return
NASA astronauts Sunita Williams and Barry «Butch» Wilmore are set to return to Earth on 18 March after spending over nine months aboard the International Space Station (ISS). Their mission was extended due to propulsion issues with Boeing’s Starliner spacecraft, which was deemed unfit for their return journey. Instead, the astronauts will be flying back aboard SpaceX’s Crew Dragon, with splashdown expected near the Florida coast. Their journey home marks the end of an unusual mission. Williams and Wilmore had originally travelled to the ISS in June last year as part of the first crewed test flight of Boeing’s Starliner. However, multiple technical issues, including helium leaks and propulsion malfunctions, forced NASA to alter their return plans. The two astronauts were folded into the Crew-9 mission and had to wait for a safe return option.
17.03 / 09:01
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Sunita Williams' return: NASA announces when and where you can watch Earth splashdown. Check details
NASA astronauts Butch Wilmore and Sunita Williams are preparing for their return to Earth after spending over nine months aboard the International Space Station (ISS). The duo are set to return to Earth on Tuesday evening a day earlier than the previously reported schedule, NASA said citing «favourable conditions». Butch Wilmore and Sunita Williams are to be transported home with another American astronaut and a Russian cosmonaut aboard a SpaceX Crew Dragon craft, which arrived at the ISS early Sunday. Williams and Wilmore have been stuck in the space since June after the Boeing Starliner spacecraft they were testing on its maiden crewed votage suffered propulsion issues and was deemed unfit to fly them back to Earth. ALSO READ: 'The hardest thing has been...': NASA's Sunita Williams reveals what she’ll miss about space after returning to Earth «Nasa and SpaceX met on Sunday to assess weather and splashdown conditions off Florida’s coast for the return of the agency’s Crew-9 mission from the International Space Station. Mission managers are targeting an earlier Crew-9 return opportunity based on favorable conditions forecasted for the evening of Tuesday, March 18,» said the space agency in an official statement.
16.03 / 07:29
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US Fed interest rate decision, tariff-related developments to drive mkt movement this week: Analysts
interest rate decision, global trends, tariff-related developments and trading activity of foreign investors will drive the equity market movement this week, analysts said. Among macroeconomic data announcement, WPI inflation for February is scheduled to be announced on Monday. «Persistent uncertainties surrounding global trade and the fear of a US recession may continue to influence the domestic market's momentum,» Vinod Nair, Head of Research, Geojit Financial Services, said.
16.03 / 05:33
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'The hardest thing has been...': NASA's Sunita Williams reveals what she’ll miss about space after returning to Earth
NASA astronaut Sunita Williams and her crewmate Butch Wilmore are finally set to return to Earth after spending nine months aboard the International Space Station (ISS). Their return has been made possible by the launch of SpaceX Crew-10, which lifted off from Kennedy Space Center on Friday night as part of NASA’s Commercial Crew Program. The newly launched crew will replace the current astronauts, ensuring a smooth transition before Williams and Wilmore head back home. NASA in collaboration with Elon Musk's SpaceX will send its crew into space on March 12 to bring back the stranded astronauts. Excited about their homecoming, Sunita Williams and Butch Wilmore shared their excitement about returning to Earth in a press conference. The duo have spent months in space since after their Boeing Starliner spacecraft encountered several technical glitches and returned home without them. ALSO READ: Trump layoffs strike NASA: Will space agency job cuts impact its future projects? Check details
15.03 / 02:03
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Two NASA astronauts, one Japanese, and one Russian: Meet NASA's new crew to ISS to bring back Sunita Williams and Butch Willmore
Butch Wilmore and Suni Williams, who have been stuck on the orbital lab for nine months. NASA’s SpaceX Crew-10 mission lifted off at 7:03 p.m. EDT on Friday from Launch Complex 39A at Kennedy Space Center in Florida, carrying four astronauts to the International Space Station (ISS). The Crew-10 team will spend approximately six months aboard the station. The crew members include NASA astronauts Anne McClain and Nichole Ayers, Japanese astronaut Takuya Onishi, and Russian cosmonaut Kirill Peskov. As their mission mascot, the astronauts selected a crocheted origami crane—a symbol of unity. Highlighting the crew's international diversity, McClain expressed their shared vision: «Crew-10 chooses to go together in peace because you cannot be great without the greatness of others,» she said.
15.03 / 00:41
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NASA's stuck astronauts, Butch Wilmore and Sunita Williams, set to return as new crew launches to ISS
NASA astronauts stranded in space launched to the International Space Station on Friday evening, setting the stage for their colleagues' return after nine months. SpaceX must deliver this replacement team before Butch Wilmore and Sunita Williams can depart. The new crew is expected to arrive late Saturday night. To ensure proper handover of space station operations, NASA requires an overlap period between the crews. This arrangement would enable Wilmore and Williams to depart next week and land off Florida's coast, subject to weather conditions. Astronauts who arrived on a SpaceX rescue mission in September will accompany the pair back to Earth, using two seats previously allocated for their return journey. The fresh crew, launching from NASA's Kennedy Space Center, comprises NASA astronauts Anne McClain and Nichole Ayers (both military pilots), alongside Japanese astronaut Takuya Onishi and Russian cosmonaut Kirill Peskov (both former airline pilots). They will undertake a standard six-month mission after facilitating Wilmore and Williams' departure.
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