Airbus Boeing Deal

Relatives of victims of the two 737 MAX crashes, which occurred in 2018 and 2019 and killed 346 people, have called the agreement a "sweetheart" deal that failed to adequately hold Boeing accountable

In the latest round of their decades-long battle for dominance in commercial aircraft, Europe's Airbus established a clear sales lead over Boeing even before the American company encountered more fallout from manufacturing problems and ongoing safety concerns. Airbus has outpaced Boeing for five straight years in plane orders and deliveries, and just reported a 28% quarterly increase in net profit. It was already winning market share by beating Boeing to develop a line of fuel-efficient, mid-sized aircraft that are cheaper for airlines to fly. And now Boeing is facing a government-mandated production cap on its best-selling plane. Yet the European company is unlikely to extend its advantage in the Airbus-Boeing duopoly much further despite having customers clamoring for more commercial aircraft, according to aviation analysts. The reason: Airbus already is making planes as fast as it can and has a backlog of more than 8,600 orders to fill. Its ability to leverage Boeing's troubles

The NTSB plans to hold a public investigative hearing into the Alaska Airlines incident on Aug 6-7

The company's stock extended declines after the union announced its demands, falling as much as 2.2%

Alaska Air CEO Ben Minicucci echoed the sentiment, saying the carrier will "hold Boeing's feet to the fire to make sure we get good airplanes"

Airbus on Friday said it has signed an HCare Initial contract, a comprehensive by-the-hour services deal, with Heligo Charter Private Limited for six Airbus H145 helicopters deployed for offshore and onshore operations in India. A press release from the aircraft maker said under this five-year contract, Heligo will benefit from Airbus's HCare Initial programme, which will give the operator the freedom to replace scheduled and unscheduled components within 24 hours and pay a fixed rate per hour of helicopter flown. This will help Heligo bring down its maintenance costs and do away with the need to keep a regular inventory, thereby providing it with enhanced fleet availability for streamlined operations, it said. "We are proud to be the first operator to offer a fleet of Airbus Helicopters' 5-bladed H145 to ONGC for offshore operations in India. Once these helicopters are delivered this year, Heligo will have the largest H145 fleet in India serving both offshore and onshore missions,

Ace investor Rakesh Jhunjhunwala-promoted Akasa Air's first aircraft Boeing 737 MAX arrived in Delhi on Tuesday, bringing it closer to securing the mandatory Air Operator Permit to start operations.

Boeing was on Sunday close to selling around 40 of the longest version of its Dreamliner family