Boeing Financial News

DGCA) on Friday issued a show cause notice to Air India over recent incidents of long flight delays in which passengers ostensibly faced significant discomfort, which the regulator said were in violation of various norms prescribed by it. The aviation regulator mentioned the inordinate delay of two international flights—AI 183 from Delhi to San Francisco on May 30 and AI 179 from Mumbai to San Francisco on May 24. “It has come to the notice of DGCA that flight Al-179 dated 24.05.2024 and flight Al-183 dated 30.05.2024 were inordinately delayed and passengers were put to discomfort due to insufficient cooling in the cabin, " the show cause notice reviewed by ET said.

Boeing's private force of firefighters have approved a tentative new contract, and their union says they're going back to work

Check out what's clicking on FoxBusiness.com

Boeing is due to tell federal regulators how it plans to fix the safety and quality problems that have plagued its aircraft-manufacturing work in recent years

Boeing is expected to deliver on Thursday a «comprehensive action plan» required by US air safety regulators after a near-catastrophic incident in January. The American aeronautics giant has faced intense scrutiny following manufacturing problems and pointed testimonials from whistleblowers in the aftermath of fatal crashes in 2018 and 2019 that have kept the company in the headlines for unwanted reasons.

A preliminary investigation says the Singapore Airlines plane that ran into turbulence last week went through huge changes in gravitational force, leaving one passenger dead and many others injured

A Singapore Airlines flight makes an emergency landing after reported extreme turbulence and one passenger dead. (Credit: Viral Press)

American Airlines passengers say they were stuck on a hot Boeing jet that was suffering electrical problems in Miami before switching to another plane Thursday. (Credit: Terri and Bobbie Barbour)

Boeing is now aiming for its first astronaut launch at the beginning of June

Twelve people have been injured when a Qatar Airways plane flying from Doha to Dublin hit turbulence

single bench order to return the assets, noting that the airline owes a significant amount of dues to lessors and was prima facie found to have used the assets inappropriately, especially by utilizing the lessor's engines in other aircraft, which violates regulations. "They (the lessor) are not in the business of charity," the court said.The division bench allowed SpiceJet an extension on the condition that it would withdraw its challenge to the single bench order and proceed to argue in front of the single bench on challenging the maintainability of the lessor's suit.SpiceJet pleaded that these leased engines were in use in operational flights with advanced bookings from passengers.

SpiceJet aircraft enroute to Leh suffered a glitch on Sunday morning and returned to the national capital, according to a source. The source told PTI that the plane, carrying around 135 people, landed safely at the Delhi airport. A full emergency was declared at the airport and the aircraft, operating the flight SG 123 that took off at around 1030 hours, landed safely at about 1100 hrs. The plane returned due to engine vibrations, the source said. The Boeing 737-7 aircraft returned to the national capital sometime after takeoff, as per data available on flight tracking website flightradar24.

Passengers of a San Francisco-bound Air India flight from the city had a tough time on Friday as they had to wait inside the aircraft for more than five hours. The flight was later rescheduled for Saturday. An airline official said the Boeing 777 plane, which was scheduled to take off at 1600 hours, was first delayed due to a technical glitch, then some passengers deboarded and subsequently, another passenger fell ill.

Families of four of the five Marines killed when their Osprey crashed in California in June of 2022 have filed a federal lawsuit alleging that the aircraft's manufacturers failed to address known mechanical failures that led to the deaths

Singapore Airlines flight hit by deadly turbulence this week said on Friday they had only seconds to react before the plane started to plunge. One passenger died and more than 100 were injured when the Boeing 777-300ER fell 1,800 metres (6,000 feet) in just a few minutes during the final hours of its journey from London to Singapore on Tuesday.

In a speech at the ECONDAT conference on 10 May, published by the BoE on Thursday (23 May), she said the inflationary episode of the last few years has prompted a «reappraisal of the evidence that is needed» to support policymaking during large economic shocks. However, in order to do so, the central bank needs to start from the «evidence itself», as forecasting models are only «as good as the data that is fed into them», Dhingra argued. Ben Bernanke calls on Bank of England to consider publishing interest rate projections For instance, the MPC member outlined that, had the BoE had...

Reuters reported on Friday.In a statement to Singapore broadcaster Channel News Asia, the airline said it will now refrain from serving hot drinks or meals when the seatbelt sign is on.The SQ321 London-Singapore flight on a Boeing 777-300ER plane carrying 211 passengers and 18 crew diverted to Bangkok for an emergency landing on Tuesday after the plane was buffeted by turbulence that flung passengers and crew around the cabin, slamming some into the ceiling, the Reuters report added.Flight SQ321 has since modified its route, avoiding the area of turbulence encountered during the incident.Here are the top eight updates from the Singapore Airlines turbulence incident: Milestone Alert! Livemint tops charts as the fastest growing news website in the world

will burn rather than generate cash in 2024 and deliveries aren't expected to increase in the second quarter, the company's finance chief said Thursday, as the U.S. planemaker grapples with a full-blown crisis that is weighing on production of its strongest-selling aircraft. CFO Brian West told the Wolfe Research Global Transportation and Industrials Conference that he expects Boeing's full-year free cash flow to be negative, compared with a March outlook for positive cash generation in the low single-digit billions.

NASA and Boeing are targeting June 1 for the company's first crewed launch of its Starliner spacecraft as engineers investigate the cause of a helium leak and examine how it could affect crucial parts of the mission, the agency said Wednesday. The helium leak on Starliner's propulsion system has held up the spacecraft's first mission to space carrying humans, initially planned for May 7 but successively delayed as NASA and Boeing attempt to fix the issue and run new tests on the spacecraft.

Singapore Airlines Flight 321 forced to make emergency landing in Bangkok, Thailand, following «severe turbulence» that left 1 dead.

China has sanctioned 12 defense-related U.S. companies and 10 executives over arms sales to Taiwan and to retaliate for earlier American sanctions on Chinese companies tied to Russia