Boeing Financial News

The chief executive of the Lindsay Fox-owned Avalon Airport Tony Brun says the government should give it the same generous support as that being pumped into Western Sydney, as well as co-invest in rail infrastructure needed to drive traffic.

Amazon launched two satellites on Friday. The satellites lifted off from Cape Canaveral in Florida at 2:06 pm local time (6:06 pm GMT).

LAM Research, a global provider of semiconductor equipment and services, has shown interest in setting up a new lab in Karnataka. LeoLabs, an operator in the satellite operations space, also intends to set up a centre of excellence (CoE) for research in space technology in Karnataka, while Tsecond, a growth-stage portfolio company backed by Boeing and Solar Industries India, has shown interest in setting up an R&D centre in Bengaluru.

By Tim Hepher

LONDON (Reuters) — British services companies suffered a less severe downturn in September than first feared, reflecting a surprise fall in inflation and the Bank of England's decision to leave interest rates on hold, a business survey showed on Wednesday.

The biggest U.S. airlines are searching for thousands of jet-engine parts with fake safety certificates that were installed on their planes, an unusual incident that highlights the complexity and risks in the aerospace global supply chain. The spare parts, from simple nuts and bolts to more critical engine fan blades, went into dozens of jet engines made by a General Electric joint venture during maintenance work.

United Airlines is making its second large order of new planes in less than a year, again seeking a mix of 110 aircraft from Boeing and rival Airbus as it renews its fleet

₹100 crore to Maran out of the total due amount of ₹397 crore. According to thehigh court's 24 August order, the airline was instructed to pay ₹100 crore to Maran by 10 September. In the arbitration award execution case, Maran had claimed SpiceJet had forfeited its right to be heard in court by willfully disobeying orders.

Boeing (NYSE:BA) is reportedly planning to increase production of its popular 737 narrowbody jet to a record level of at least 57 per month by July 2025, Reuters reported.

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GE Aerospace South Asia CEO Vikram Rai said. GE Aerospace, a leading aircraft engine maker, sees a «great potential» in India, which is also the world's third largest aviation market and domestic airlines have nearly 1,500 aircraft on order. While emphasising that «India is a focus market and a priority market for GE Aerospace», Rai said that in his view, domestic airlines would consider having more wide-body planes in their fleet and also deploy them in dense domestic routes.

Reuters. The relations between India and Canada have been tense due to the presence of Khalistani terrorists in Canada who have kept alive the movement for Khalistanis or the demand for an independent Sikh state to be carved out of India. Earlier this month, Canadian Prime Minister Justin Trudeau alleged that Indian agents may have had a role in the June murder of Khalistan terrorist and Canadian citizen Hardeep Singh Nijjar, who was labeled a "terrorist" by India.

Australian Defense Minister Richard Marles says the army will never again fly its fleet of MRH-90 Taipan helicopters following a crash in July that killed four soldiers

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Air India on Friday said it has completed the acquisition of its first A350-900 aircraft by way of a finance lease transaction with HSBC through the GIFT City. This is also the first wide body aircraft to be leased through the GIFT City, the country's first International Financial Services Centre (IFSC).

New Delhi: In August, Akasa Air completed a year of flying. Ever since the pandemic, airline companies and engine makers have been grappling with supply-chain headwinds, globally. But Akasa Air flew past these troubles with ease.

Boeing’s global president and chief executive Dave Calhoun says the backlog of orders for new passenger aircraft is not going to ease any time soon, with the waitlist stretched well into the 2030s.

(Reuters) -Ryanair announced on Thursday cuts to its winter schedule due to delays in the delivery of Boeing (NYSE:BA) aircraft, but Europe's largest airline by passenger numbers said its full-year traffic forecast was unaffected «as yet».

Akasa Air in August, days before he died, it was considered a gamble, given the highly challenging aviation sector in India. But in less than a year, when it was 11 months old, it overtook SpiceJet in terms of domestic market share in June 2023. While Akasa flew 6.2 lakh passengers last month, SpiceJet was at 5.5 lakh.

Air India CEO Campbell Wilson said that notice period and an employment bond for pilots is justified only when an airline has invested in training those pilots in a specific aircraft type. “I think if an airline is investing in training people, then it's quite common practice that there is some sort of bond with the organization and if someone leaves before the agreed period, there is a compensatory mechanism for the airline that has invested. This is quite different when the pilot has been already trained by someone else and you pick up because you have a desperate need because you have not prepared or invested in increasing capability,” Wilson said when asked if there should be a notice period for pilots. Wilson’s comment comes in backdrop of Akasa Air filing cases against Boeing 737 pilots which it said resigned without serving notice period of six months.

Air India is set to give its crew a fresh new look as it prepares to welcome its first wide-body A350 aircraft this year, according to sources. This development coincides with the airline's ongoing rebranding efforts and the merger of Vistara into its operations. Details regarding the new crew uniforms are still under discussion, as insiders are actively involved in the planning process.