The move, to be announced within days, frees CEO Guillaume Faury to focus on broader strategy after four years of doubling up as planemaking boss, notably during the pandemic
Narrowbody handovers will be near the bottom of Boeing's goal of shipping 400 to 450 of the popular 737 jets this year, Chief Financial Officer Brian West said at an investor conference on Thursday
All 33 grounded planes of IndiGo are powered by Pratt and Whitney engines
A Delta flight heading to New York from Milan made an emergency landing soon after takeoff. There were 215 passengers onboard the plane with eight flight attendants and three pilots
No-frills airline SpiceJet, which is trying to keep afloat amid several aircraft of its fleet being grounded over payment issues with lessors, on Friday said it plans to add 10 narrow-body Boeing aircraft, including five B737 Max, on lease by October. In the intervening period, the airline is working on restoring and reviving its grounded aircraft which will start returning back to service soon, SpiceJet said in a statement. "We will be inducting 10 B737 aircraft between September-October. The induction of these planes, which coincides with the peak travel season in India, will help us launch new routes and strengthen our presence on existing ones," said Ajay Singh, Chairman and Managing Director of SpiceJet. The airline said it has already signed a lease agreement for these 10 planes which will start joining the fleet from September to cater to the rising demand. "There has been a significant surge in passenger demand and we are hopeful that this trend will continue in the latter
Boeing shares jumped as much as 3.7% in New York, while Ryanair, Europe's largest discount carrier, advanced 2.1% in Dublin
In further headwinds for struggling SpiceJet, lessors have approached aviation regulator DGCA for deregistration of three planes of the airline. Many aircraft of the budget carrier are grounded due to various reasons. The airline's three lessors -- Wilmington Trust SP Services, Sabarmati Aviation Leasing and Falgu Aviation Leasing -- have sought deregistration of one aircraft each, according to an update on the regulator's website. The latest development comes a day after the National Company Law Tribunal (NCLT) issued a notice to the Ajay Singh-promoted private carrier on a petition filed by an aircraft lessor seeking initiation of insolvency resolution proceedings against it. "Two of the three planes are grounded for a long period now and the same doesn't affect our operations," a SpiceJet spokesperson said in a statement. "We are in discussion to resolve the matter. We have been working to bring back our grounded fleet basis the loan sanctioned under the ECLGS (Emergency Credit
Civil Aviation Minister Jyotiraditya Scindia on Tuesday said it was unfortunate that the operational bottleneck related to engine supplies has dealt a blow to the airline's financial position. Against the backdrop of the airline filing an application for voluntary insolvency resolution proceedings, the minister said, "It is prudent to wait for the judicial process to run its course". Faced with a severe financial crunch, the budget carrier has also decided to cancel flights for May 3 and 4. "Go First has been faced with critical supply chain issues with regard to their engines. The Government of India has been assisting the airline in every possible manner. The issue has also been taken up with the stakeholders involved," Scindia said in a statement. He noted that it is unfortunate that this operational bottleneck has dealt a blow to the airline's financial position. "It has come to our knowledge that the airline has applied to the NCLT. It is prudent to wait for the judicial proc
The newly-formed Riyadh Air said it will buy 39 Boeing 787 Dreamliners, with options to acquire 33 more, the Saudi Press Agency (SPA) reported on Tuesday
If all 102 grounded planes could fly, there will theoretically be 400 more Delhi-Mumbai flights every day
The government will keep 51% equity with an Indian company, while asking the foreign partner to do technology transfer, the people said
The Madhya Pradesh government has paid around Rs 37 crore to private aviation companies for hiring their aircraft and helicopters during the past three years, the state Assembly was informed on Wednesday. The information was given in a written reply in response to a question asked by Congress legislator Mewaram Jatav. Jatav had sought to know the number of air journeys undertaken by Chief Minister Shivraj Singh Chouhan, other state ministers and officials and the money paid to private aviation companies for hiring their planes and helicopters for such travels since April 1, 2020. In the written reply, Chouhan said private planes or helicopters are hired when government-owned aircraft are not available to ferry ministers or senior officials. During the given period, government planes and helicopters were used 94 and 982 times, respectively. In the case of private aircraft and helicopters, they were deployed 222 and 97 times, respectively, in the last three years, it said. For ...
A SpiceJet flight on the way to Bangkok made an emergency landing at the Kolkata airport in the early hours of Monday after the pilot noticed that an engine blade was broken, officials said. The Boeing 737, operating as flight SG83, took off with 178 passengers and six crew members from the Kolkata airport for Bangkok around 1.09 am. Minutes later, the pilot noticed that a blade of the left engine was broken, they said. Soon, he contacted the air traffic control and a full emergency was declared at the Kolkata airport with fire engines, ambulances, and emergency teams of the CISF in waiting, they added. The plane made an emergency landing at 1.27 am and all the passengers and crew members were brought out safely, airport officials said. The full emergency was terminated at 2 am, they said. The passengers left for Bangkok on another flight at 7.10 am, officials said. The aircraft with the faulty engine blade was undergoing checking, they said.
Lufthansa customers endured a summer of strikes and delays at Germany's biggest airports after labor unions pushed for better pay deals
The country's airline industry is poised for expansion with more than 1,100 planes on order by various domestic carriers. After more than 17 years, Air India, now owned by Tata Group, on Tuesday placed orders for a total of 470 planes with Airbus and Boeing. The total order, comprising wide-body and narrow-body aircraft, is the largest so far by an Indian carrier and also one of the largest single aircraft orders in the world. The country's largest airline IndiGo has around 500 planes on order and Akasa Air has placed an order for 72 Boeing narrow-body aircraft, out of which 16 planes have been delivered. That leaves Akasa Air with 56 aircraft on order. Go First, earlier known as Go Air, has 72 planes on order while Vistara is to receive 17 more Boeing planes. Together, Air India, IndiGo, Akasa Air, Go First and Vistara have at least 1,115 planes on order. Currently, there are around 700 commercial aircraft in the country, with a majority of them being narrow-body or single-aisle
Currently, the Rolls-Royce-powered fleet of Indian airlines consists of five Embraer ERJs of Star Air and six Boeing 757s of Blue Dart
Air India will acquire 250 aircraft, including 40 wide-body planes, from Airbus, Tata Sons Chairman N Chandrasekaran said on Tuesday. The Tata Group-owned airline will buy 40 wide-body A350 planes and 210 narrow-body aircraft. During a virtual event being attended by Prime Minister Narendra Modi and French President Emmanuel Macron, among others, Chandrasekaran said a letter of intent has been signed with Airbus for the acquisition of the aircraft. The wide-body aircraft will be used for ultra-long flights. Tata Group acquired Air India in January last year.
The order reflects Air India's strategy to modernise its ageing fleet and re-capture a solid share of trips between India's large overseas diaspora and cities such as Delhi and Mumbai
The final 747-8 passenger version can carry nearly 470 people on trans-Pacific and other longer-haul routes
Boeing announced that United Airlines has ordered 100 787 airplanes, with the option to purchase 100 more