Boeing 737 MAX 10

PM Modi has inaugurated Safran’s state-of-the-art aircraft engine MRO centre in Hyderabad. The facility will service LEAP engines used in Airbus A320neo and Boeing 737 MAX aircraft,

The deal is worth $5.85 billion after typical industry discounts, according to estimated delivery prices from UK-based Cirium Ascend. Boeing shares rose 2.6 per cent

A key Boeing supplier that makes the fuselages for its popular 737 Max airplanes is laying off about 450 workers because production has slowed down ever since a panel flew off one of those airplanes operated by Alaska Airlines in midair in January. A spokesman for Spirit AeroSystems confirmed the layoffs at its Wichita, Kansas, plant on Thursday that would trim its workforce of just over 13,000 people. Spirit is Boeing's most important supplier on the 737s because it makes fuselages and installs door plugs like the one that flew off the plane. But it's not clear whether Spirit or Boeing employees were the last ones to touch that panel. The recent slowdown in the delivery rate on commercial programs compels a reduction to our workforce in Wichita," Spirit spokesman Joe Buccino said. Boeing confirmed this spring that it is in talks to buy Spirit, which was once a part of the plane-maker before it was spun off. Buying Spirit back would reverse a longtime Boeing strategy of outsourcing

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

Delta has orders for 100 Max 10 planes and options to purchase 30 more, and had expected to begin receiving the planes next year

Boeing is in talks to buy Spirit AeroSystems, which builds fuselages for Boeing 737 Max jetliners, including the one that suffered a door-panel blowout in January, according to a person knowledgeable about the discussions. The timing of a deal or whether the two sides even reach a final agreement is uncertain, according to the person, who spoke about the private talks on condition of anonymity. The Wall Street Journal first reported the talks. The newspaper said Friday that Spirit hired bankers to consider strategic options and has held preliminary discussions about a sale back to Boeing, its former owner. Boeing and Spirit AeroSystems declined to comment. Shares of Spirit jumped 15% in afternoon trading. A deal could help Boeing respond to critics who have blamed the company's manufacturing problems in large part on outsourcing key work to Spirit and other suppliers. Boeing spun off Spirit in 2005 as part of a strategy to outsource the supply chain for its commercial planes. I

Boeing shares jumped as much as 3.7% in New York, while Ryanair, Europe's largest discount carrier, advanced 2.1% in Dublin

The FAA decision comes as other global regulators are also moving closer to decisions on allowing the plane to again resume flights

FAA says it found the messages 'concerning' and 'is reviewing this information to determine what action is appropriate'.

Once regulators certify the MAX for flight, Boeing will have to mobilize hundreds of mechanics and pilots

The committee plans another Boeing hearing in the coming weeks and previously asked whistleblowers to come forward with any information about the plane's development

Max's grounding presents a significant public-relations challenge that will remain a risk for the company, says Fitch.

The 737 MAX, Boeing's best-selling jet, was grounded globally in March following the Ethiopian Airlines crash

The 737 Max, a two-year-old model that has racked up thousands of orders, was grounded in March after a second crash triggered a wave of no-fly orders

The design of the MCAS system has been criticized by aviation experts because it is tied to just one sensor at a time, making it susceptible to malfunction.

"We know every person who steps aboard one of our airplanes places their trust in us," Muilenburg said at a leadership forum in Dallas

This delay is now part of the intense scrutiny over Boeing's response after the first air disaster, a Lion Air accident that killed 189 people in Indonesia

There were 371 of the 737 MAX family jets in operation before this week's groundings, led by China, according to Flightglobal

The MoU was signed at Paris Airshow

New model will add more value to customers and more energy to marketplace