Boeing 777

Last month, CEO Kelly Ortberg said the company was behind schedule in certifying the jet, saying a 'mountain of work' needed to be done

The jet, already six years late, is of major strategic and financial importance to Boeing in its duel with Airbus SE for a bigger slice of the lucrative long-haul market

AI Fleet Services IFSC Ltd., a GIFT City-registered subsidiary of Air India, is the borrower of the loan, the people said, who asked not to be identified discussing private matters

A British man was found alive after Air India Flight 171 crashed in Ahmedabad, killing over 200 people; he recounted the horror as rescue teams continue to recover victims

Ortberg also said in the Aviation Week interview that Boeing was making progress on certifying the 777-9, the company's largest jetliner in production

Air India may be looking to add 30 to 40 jets as Tata Group plans domestic and international expansion

The grounding came just five weeks after it had started certification flights for the 777-9 with officials from the US aviation regulator onboard

The planemaker confirmed last week it restarted production of its best-selling 737 MAX jetliner in early December - about a month after the end of a seven-week strike

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

IndiGo is working with the civil aviation ministry to explore the possibility of extending the wet lease of wide-body Boeing 777 planes from Turkish Airlines as the existing lease period is ending this week. Currently, IndiGo is operating two wet-leased Boeing 777 planes for flights from Delhi and Mumbai to Istanbul. These are also the only two wide-body aircraft that are in the fleet of the airline, which is India's largest carrier with a domestic market share of over 62 per cent. These aircraft were wet-leased to cater to the rising demand for international travel from India. IndiGo started operating its first wide-body Boeing 777 aircraft on the Delhi- Istanbul route from February 1, 2023, and began operating the Boeing 777 plane on the Mumbai-Istanbul route from May 17, 2023. Sources in the know said the airline has not received an extension for continuing with the wet lease of the aircraft. When contacted, an IndiGo spokesperson on Monday told PTI that the airline is "working

Spirit's cash balance at the end of the third quarter of 2024 was $218 million, according to an October filing

Unionised machinists at Boeing voted Monday to accept a contract offer and end their strike after more than seven weeks, clearing the way for the aerospace giant to resume production of its bestselling airliner and generate much-needed cash. Leaders of the International Association of Machinists and Aerospace Workers district in Seattle said 59% of members who cast ballots agreed to approve the company's fourth formal offer and the third put to a vote. The deal includes pay raises of 38% over four years, and ratification and productivity bonuses. However, Boeing refused to meet strikers' demand to restore a company pension plan that was frozen nearly a decade ago. The contract's ratification on the eve of Election Day clears the way for a major U.S. manufacturer and government contractor to restart Pacific Northwest assembly lines that the factory workers' walkout have idled for 53 days. According to the union, the 33,000 workers it represents can return to work as soon as Wednesda

The company has now racked up losses of nearly $8 billion for the current year, as a halt in production of its 737 MAX, 777 and 767 planes following the strike

Investors and regulators have had Boeing under the microscope since a door panel flew off a near-new 737 MAX jet in midair in January

While Su has previously spoken with Boeing and the striking West Coast factory workers' union, it is her first time in Seattle meeting both sides in person

Roughly 33,000 workers have been on strike since Sept 13, seeking a 40 per cent wage increase over four years

The striking union of its West Coast factory workers is seeking a 40 per cent pay rise over four years and the restoration of a defined-benefit pension that was taken away in the contract a decade ago

Initially set for service in 2020, the 777X, promoted by Boeing as the 'world's largest and most efficient twin-engine jet' has faced delays and cost overruns

Parent company Boeing leveraging Indian assets for cutting-edge R&D, investing to meet growing demand for new pilots in South Asia

Boeing halted deliveries of the 787 widebody jet for more than a year until August 2022 as the FAA investigated quality problems and manufacturing flaws