FAA chief says Boeing 737 MAX won't be cleared to resume flying in 2019
Federal officials told Reuters earlier this week the FAA is not expected to authorize the plane to fly until January at the earliest, citing significant work still to be done. Some U.S. officials think it may not be until at least February that Dickson gives the green light.
Global airlines cut 2019 profit forecast over trade tensions
IATA cut full-year net profit forecast to $25.9 billion, a 5.1% decline from 201...
SpiceJet may gain from IndiGo’s move to cut capacity addition
Indi-Go's cut in its incremental capacity by 2-3 per cent reduces the industry'...
Buy Muthoot Finance, price target Rs 737: Arun Kumar
The analyst suggested a stoploss at Rs 679.
In a first, DGCA Certifies Boeing’s Singapore Training Facility for Dreamliner Planes
The official said the clearance would help full service carrier Vistara in inducting Boeing 787 planes early next year since there is only one such facility in India which does not have spare capacity. Approval has been accorded to Boeing training facility in Singapore for 787 type of aircraft.
FAA rebuffs Boeing with vow to scrutinise all 737 MAX deliveries
US aviation regulators will conduct the final approval of factory-fresh Boeing 737 Max jets rather than allowing company employees to handle routine signoffs before the planes are delivered.
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.
BoE Governor is UN’s envoy for climate finance
Carney is due to leave the Bank of England on January 31, although his successor has not yet been named.
Emirates jet swap opens door to Boeing 787 deal in Dubai
Emirates will receive its first Dreamliner in 2023, around the time the airline expects to resume expansion which has recently slowed as passenger demand shrinks. "We want to introduce it on to some of the thinner routes where the 787 comes on to its own both on the medium and long-haul operations," Emirates President Tim Clark said.
Working to get 737 Max back in air, says Boeing
“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.
Working with airlines on how to tell passengers that 737 Max planes are safe: Boeing
"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.
Boeing’s CEO expresses regret over the two fatal crashes that killed 346
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.
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.
SpiceJet slips 7% as Q2 net loss widens
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.
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