Have you read these stories?

Slowdown grounds business jets as the wealthy go stingy

India Inc is looking to tighten its belt amid the economic slowdown as it gives up on jets.

Boeing 737 MAX

Dec 06, 2019, 10.53 AM IST

SEARCHED FOR:

BOEING 737 MAX

The year of the scapegoat: Carlos Ghosn, the Indian millennial, and the fall guys of 2019

This year has not been kind to the species most preferred for sacrificial offerings.

FAA rebuffs Boeing with vow to scrutinise all 737 MAX deliveries

US aviation regulators will conduct the final approval of factory-fresh Boei...

Emirates jet swap opens door to Boeing 787 deal in Dubai

Emirates will receive its first Dreamliner in 2023, around the time the airline expe...

ET Prime Distribution
  • The private carrier's losses widened despite it posting a 52% increase in second quarter operational revenue to 2,845.3 crore as it added more destinations and expanded its fleet of passenger and freighter aircraft.

    In a release, SpiceJet said the net loss of Rs 462.58 crore in the latest September quarter was mainly on account of inflated costs with respect to MAX grounding and a seasonally weak quarter.

    In a statement, the group said it still hopes to receive certification next month from the Federal Aviation Administration (FAA), allowing it to resume MAX deliveries to airline customers before the end of the year.

    Muilenburg said he decided to give up “tens of millions of dollars” in incentive pay after meeting recently with families of victims of the crashes. “I felt it was important for me to forgo those bonuses and send a message of responsibility,” he said. During congressional hearings late last month, lawmakers assailed Muilenburg for not taking a pay cut.

    “Boeing has tested over 800 test flights (on B737Max) and is working on improving the training process involving B737Max. We are working closely with regulators round the world to bring the aircraft back to service,” said Darren Hulst, director (product, forecast and current market), Boeing Commercial Aircraft.

    "We are working with pilot community...of the customer airlines and the flight attendants. We are working with our customers (airlines) to figure out how we can communicate the message to passengers," said Darren Hulst, Deputy Vice President of Commercial Marketing, Boeing in New Delhi.

    Company officials and the emirate of Ras al-Khaimah made the announcement on Wednesday in the northernmost sheikhdom of the oil-rich UAE, signing an agreement for the expansion. SpiceJet plans to base as many as five airplanes in the UAE.

    India plans to start its own checks even if U.S. Federal Aviation Administration declares the aircraft fit to fly.

    Boeing recently announced more than $8 billion in costs tied to the crashes, and its stock price has declined by about 15% since early March.

    Airlines registered a marginal growth of 3.87% year-on-year in the number of domestic passengers flown during August

    Unlike the Boeing 737 MAX, the A320NEO has never had an excessive pitch problem during flight operations.

    The globally grounded Boeing 737 MAX planes are unlikely to restart operations until 2020 as it will take time to fix a flight-control software and complete other work, government and industry officials have said.

Load More...
x

Other useful Links


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service