Asia Aviation Market

Facing severe criticism after a door plug blew out on a 737 Max over Oregon this month, Boeing said on Monday that it is withdrawing a request for a safety exemption needed to certify a new model of the plane. The company asked federal regulators late last year to allow it to begin delivering its 737 Max 7 airliner to customers even though it does not meet a safety standard designed to prevent part of the engine housing from overheating and breaking off during flight. But after a door panel blew out on a different version of the plane a Max 9 leaving a gaping hole in the fuselage of an Alaska Airlines flight out of Portland, Oregon, on January 5, the company's quality control and commitment to safety have been questioned. Last week, Democratic Sens. Maria Cantwell, chair of the Senate Committee on Commerce, Science and Transportation, and Tammy Duckworth, chair of its aviation safety subcommittee, urged the Federal Aviation Administration to deny the request. Boeing said on Monday

Boeing said Tuesday that it delivered 56 commercial planes in November, an increase as the company tries to fix manufacturing problems that have disrupted production of its best-selling aircraft. Most of the planes were 737 Max jets to airlines and lessors, including eight to United Airlines, seven to Southwest Airlines and five to Ireland's Ryanair. With one month left, Boeing is close to achieving its goal of delivering at least 375 737s this year it has 351 so far. November deliveries nearly matched the total for September and October, when manufacturing issues hindered shipments. Deliveries are an important source of cash for Boeing, since buyers typically pay a large portion of the purchase price at delivery. Boeing reported orders for 104 after cancellations. The company previously announced an Emirates order for 90 Boeing 777s at the Dubai Air Show.

Air India Group, which has embarked on ambitious expansion plans, is expected to take delivery of a new aircraft every six days on average till the end of 2024, according to a top official. The group, comprising Air India, Air India Express, AIX Connect and Vistara, is owned by the Tatas, which is also in the process of consolidating its airline business. "Air India Group to take delivery of one new aircraft every six days on an average till the end of 2024," Air India Chief Executive Officer and Managing Director Campbell Wilson said on Wednesday. Speaking at a function here for the unveiling of Air India Express' new brand identity, Wilson also said that it is an exciting day for the group. Tata Group took control of loss-making Air India in January 2022. Earlier this year, Air India placed orders for 470 aircraft from Airbus and Boeing at USD 70 billion (based on published list prices). The deliveries of the new planes will start from November this year. Air India Express is i

Usage of slots for more than 80 per cent of time in the previous winter season decides whether an airline would get the same slot again in the current winter season

Group tours at 65-70% of pre-pandemic levels; Southeast Asia, Egypt, and Turkey seeing maximum demand

Jet fuel prices on Sunday were hiked by 3.22 per cent -- the ninth straight increase this year -- to an all-time high, reflecting a surge in global energy prices.

As demand begins to bounce back, there are growing concerns about cost inflation and difficulties in the supply chain, for both commercial and defence manufacturers

After a flurry of aircraft deals in the last decade, Airbus and Boeing continue wooing Asian customers for future orders as carriers in mainland China, and those in India and Southeast Asia