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SpiceJet says Boeing Max compensation offer more than recognized
SpiceJet, which had 13 Boeing 737 Max jets in its fleet when they were grounded worldwide, has added 8.6 billion rupees ($117 million) as other income from compensation and related foreign exchange gains in the past five quarters, the company said.
Boeing finds new 787 Dreamliner production problem
The U.S. planemaker said during fabrication of the 787 horizontal stabilizer it learned so...
Coronavirus impact: Boeing reports big loss, hints at more job cuts
The aerospace giant suffered a $2.4 billion second-quarter loss, reflecti...
Boeing’s India ops to be largest outside US
Boeing currently employs 3,500 people in India, and over 7,000 people work with its supply chain partners. The Boeing India Engineering and Technology Centre in Bengaluru and Chennai undertakes advanced aerospace work and supports its global engineering growth.
SpiceJet inducts two Airbus A320 aircraft
SpiceJet, which has been struggling due to grounded Boeing 737 MAX airplanes, is looking at option beyond Boeing aircraft to expand in the market. The airline currently operates a fleet of Boeing 737s and Bombardier Q400s. The airline has a fleet of 82 Boeing 737, two Airbus A320, 32 Bombardier Q-400s and five B737 freighters.
Boeing to cut staff, plane output after big Q1 loss
The aerospace giant plans to reduce its workforce by 10 percent through a combination of voluntary and involuntary layoffs and will slash production of its main commercial planes, including the 787 and 777, Chief Executive David Calhoun said in a message to employees that accompanied an earnings release.
India plans to conduct its own checks on Boeing 737 Max Jets
India plans to start its own checks even if U.S. Federal Aviation Administration declares the aircraft fit to fly.
SpiceJet to strengthen management team as Shilpa Bhatia set to rejoin
Bhatia has been with SpiceJet as its chief of sales and revenue for few years before moving to IndiGo as its chief sales and revenue officer last year. She quit the firm this month. "We are expecting her to join in February" a person aware of the matter who did not wished to be named said, "There are likely to be some other shuffle too including reporting changes."
Boeing executives called DGCA 'fools', 'stupid' during 737 Max plane's approval process in 2017: Documents
Boeing staffers used terms like "fools" & "stupid" for DGCA during Max's approval process, documents show.
Damning Boeing employee messages say Max 'designed by clowns'
The communications threaten to upend Boeing’s efforts to rebuild public trust in the 737 Max
Domestic passenger traffic growth may dip to six-year low: Icra
Excluding Air India, the rest of the industry is expected to report net loss of around Rs 1,500 crore in the fiscal with a total debt of around Rs 7,000 crore as on March 31, 2020, it said in a statement.
DGCA awaiting FAA's certification to allow Boeing 737 Max to fly in India
Civil Aviation Minister Hardeep Singh Puri in a written reply in Rajya Sabha said that "18 Boeing 737 Max aircraft are grounded in the country, out of which 13 are from SpiceJet and five are from Jet Airways".
Indian IT firms unfairly targeted in Boeing 737 Max fiasco, says industry
HCL Technologies and Cyient said they were not involved in the design of the Manoeuvering Characteristics Augmentation System (MCAS).
Boeing's 737 Max software outsourced to Rs 620-an-hour engineers
Based on resumes posted on social media, HCL engineers helped test the Max software.
SpiceJet loss widens 'due to new accounting norms'
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.