Business  /  Published 18.11.21

Boeing to pay SpiceJet for grounding of Max

Budget carrier SpiceJet on Wednesday said Boeing has agreed to settle outstanding claims related to the grounding of 737 Max aircraft. The airline did not specify how much it will receive from Boeing ...
By Our Special Correspondent in New Delhi

Business  /  Published 17.11.21

Akasa places orders for 72 Boeings

Stock market titan Rakesh Jhunjhunwala’s airline Akasa Air on Tuesday  placed an order for 72 Boeing 737 Max planes, valued at nearly $9 billion. The deal includes two variants from the 737...
By Our Special Correspondent in New Delhi

Business  /  Published 06.11.21

Boeing investors settle suit

Boeing investors have reached an agreement with current and former company officers to settle a lawsuit over the safety oversight of the 737 MAX, two people familiar with the matter said on Thursday. ...
By Reuters in Seattle, Washington

Business  /  Published 11.10.21

Airbus pitch to new airline Akasa

Airbus is in conversation with Rakesh Jhunjhunwala-backed new airline Akasa for an aircraft procurement deal, a top official of the European plane manufacturer has said. Akasa has been in discussions...
By PTI in Boston

Business  /  Published 21.09.21

SpiceJet eyes Boeing payout

Low-cost carrier SpiceJet is expected to finalise its compensation deal with Boeing next month. The US-based aircraft manufacturer would compensate SpiceJet for the grounding of the B737 MAX, which w...
By R. Suryamurthy in New Delhi


India  /  Published 12.09.21

Medicine cloud in jet crash report

The pilot’s failure to adhere to the standard operating procedure resulted in the Air India Express Boeing 737 crash at Kozhikode airport in August 2020, the Aircraft Accident Investigation Bure...
By R. Suryamurthy in New Delhi

Business  /  Published 27.08.21

Boeing 737 Max set to fly again

India’s aviation regulator has lifted the ban on Boeing 737 Max planes after almost two-and-half years.  On March 13, 2019, all Boeing 737 Max planes were grounded in India by the Director...
By Our Special Correspondent in New Delhi

India  /  Published 26.08.21

DGCA lifts ban on Boeing 737 Max aircraft

India's aviation regulator DGCA on Thursday lifted the ban on Boeing 737 Max planes' commercial flight operations after almost two-and-half years. On March 13, 2019, all Boeing 737 Max planes...
By Our Bureau, PTI in New Delhi

Business  /  Published 13.08.21

India satisfied with MAX 737 fitness

India is set to allow Boeing Co’s 737 MAX jets to resume flights in the country within days, Bloomberg News reported on Thursday, citing a person familiar with the matter. The country has been ...
By Reuters in Bangalore, New Delhi

Business  /  Published 30.07.21

Akasa Air may help revive Boeing in India

Billionaire Rakesh Jhunjhunwala's plan to launch an ultra-low-cost airline could give planemaker Boeing a chance to regain lost ground in India after the fall of one of its biggest customers, Jet ...
By Our Bureau, Reuters in New Delhi


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