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.
In a first, DGCA Certifies Boeing’s Singapore Training Facility for Dreamliner Planes
The official said the clearance would help full service...
SpiceJet grounds three B737 freighter planes
No-frills carrier SpiceJet on Friday said it has grounded three Boeing 737 freighter aircraft du...
Indian IT much beyond exploiting cheap labour: HCL
Indian technology companies have moved beyond exploiting availability of cheap labour in India to helping their clients reimagine their businesses, said Anand Birje, corporate vice president and head of the digital & analytics practice at HCL.
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's capacity which provides some scope for SpiceJet to show some aggression in adding more room.
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.
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 2018.
Fitch revises outlook on Cairn India to negative
Vedanta owns half of its 70 per cent in the prolific Rajasthan oil block through Cairn India Holdings.
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.
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.
Saab wants control if it wins $15 billion India jet-fighter deal
The Swedish manufacturer is in the running to supply 114 Gripen fighters in a deal valued at more than $15 billion as PM Modi seeks to modernize armed forces reliant on mostly Soviet-era equipment in the face of threats from Pak and China. Saab faces a requirement that at least 85% of the planes be built locally in partnership with Indian firms.
Air India extends bridge-loan bids for Boeing purchase to Nov 22
The selloff-bound airline had on October 30 floated bids from banks/ financial institutions to refinance its existing bridge-loan facility worth $819 million or worth over Rs 5,800 crore by November 14. The financial bids were to scheduled to be closed on November 14. The carrier is seeking to refinance six Boeing 787s and one B777.
Arms sales of top Indian defence firms drop by 6.9 per cent: SIPRI report
The combined arms sales of the three Indian arms companies listed in the top 100 were USD 5.9 billion in 2018— a decrease of 6.9 per cent on 2017. The three Indian companies on SIPRI's list of top 100 global arms firms are Hindustan Aeronautics Limited ranked 38, the Indian Ordnance Factories ranked 56 and Bharat Electronics Limited (BEL) ranked 62.
Budweiser wants to go beyond ISS, says they now wish to brew beer far away, in microgravity
The experiment will be one of the 250 facilitated by the Elon Musk-owned aerospace company.
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.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service