Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
US lawmakers prepared to press Boeing's chief executive Tuesday about the company's latest plan to fix its manufacturing problems, and relatives of people who died in two crashes of Boeing 737 Max jetliners were in the room to remind him of what was at stake. CEO David Calhoun appeared before the Senate investigations subcommittee, which is chaired by Sen. Richard Blumenthal, D-Conn., a Boeing critic. Blumenthal opened the hearing by recognising the relatives of the crash victims and the family of a Boeing whistleblower who died by suicide earlier this year. This hearing is a moment of reckoning, the senator said. "It's about a company, a once iconic company, that somehow lost its way." Calhoun's appearance before Congress was the first by a high-ranking Boeing official since a panel blew out of a 737 Max during an Alaska Airlines flight in January. No one was seriously injured in the incident, but it raised fresh concerns about the company's best-selling commercial aircraft. Calho
The CEOs of multiple prominent airlines have aired frustration with the state of Boeing's operations since the January accident
The door plug on the Alaska Air 737 Max 9 blew off shortly after takeoff from Portland, Oregon, prompting an explosive decompression
The company's stock extended declines after the union announced its demands, falling as much as 2.2%
A 737 Max agreement would mark an important breakthrough for Boeing, after it lost its market lead in China to arch-rival Airbus SE
Will RBI now hit the pause button on rate hikes? How did the Boeing 747 change air travel? What do the Budget and RBI policy mean for bond markets? What is geothermal energy? All answers here
The final 747-8 passenger version can carry nearly 470 people on trans-Pacific and other longer-haul routes
The flight, slated for Monday, involves a so-called horizontal launch, with a rocket deployed from beneath a modified Boeing Co. 747 jet departing from Newquay's former air force runway
The flight, slated for Monday, involves a so-called horizontal launch, with a rocket deployed from beneath a modified Boeing Co. 747 jet departing from Newquay's former air force runway
Tata Group-owned Air India has mandated UK-based remarketing firm Skytech-AIC for the sale of its four Boeing 747-400 jumbo planes. These aircraft were deregistered by the Directorate General of Civil Aviation earlier this year. In a statement on November 21, Skytech-AIC said it has been appointed by Air India to market four Boeing 747-400s for outright sale. The aircraft, which are Pratt & Whitney 4056-powered and were built between 1993 and 1996, are offered for immediate delivery, it added. "We are honoured to have been selected by India's flag-carrier, Air India for this important assignment and are delighted to welcome them as a remarketing client alongside similarly leading airlines such as Singapore Airlines Group, Kuwait Airways, Air Greenland and Europe's TUI Group," Skytech-AIC Managing Director Julian Balaam said in the statement posted on the company's website. Apart from ferrying India's VVIPs -- president, vice president and prime minister -- the four jumbo planes ..
The animals will be transported in wooden crates aboard a Boeing 747 aircraft, which sports the 'Siberian Tiger' theme livery
The cheetahs are being brought under Project Cheetah with an aim to reintroduce the big cat in India, after they were officially declared extinct in 1952
The company lost $1.2 billion and took a $660 million write-down for Air Force One
Planes as old as these 747s consume a huge amount of fuel and require extensive maintenance, they said
From the beginning, everything about the plane, known as the "queen of the skies" was big
Chief Executive Dave Calhoun says Boeing will stop building the iconic jet in 2022
The airline, which was the world's biggest operator of the 747-400 model, had already planned to ground its fleet of 31 of the iconic wide-bodied jets in 2024
BA had been planning to retire the aircraft in 2024 but with passenger numbers decimated this year and forecasts that it will be years before they recover
The last 747-8 will roll out of a Seattle-area factory in about two years
Smaller, ultraefficient long-range airliners are overtaking the once celebrated giant of the sky; crammed seats and fewer perks