SpiceJet has entered into an agreement with US-based StandardAero that will provide the services for operationalising the airline's grounded Boeing 737 MAX planes and three of the aircraft are expected to return to service by April 2025. Seven Boeing 737 MAX aircraft of the no-frills carrier are on the ground. The airline has inked an agreement with MRO (Maintenance, Repair and Overhaul) services provider StandardAero for enabling restoration of its grounded Boeing 737-8 MAX fleet, according to a release on Friday. StandardAero is also a MRO services provider for CFM LEAP-1B engines, which power SpiceJet's Boeing 737 MAX planes. The agreement with StandardAero follows successful arrangements with CFM International -- the manufacturer of LEAP-1B engines -- and the lessor for the Boeing 737 MAX aircraft. "These developments pave the way for the un-grounding and return to service of three Boeing 737 MAX aircraft by April 2025," SpiceJet said in the release. SpiceJet Chairman and Man
The deal is worth $5.85 billion after typical industry discounts, according to estimated delivery prices from UK-based Cirium Ascend. Boeing shares rose 2.6 per cent
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
Getting the 737 MAX production line moving again is essential to the heavily debt-burdened planemaker's recovery, and Boeing has about 4,200 orders for the jetliner from airlines
Getting the 737 MAX production line moving again is essential to the heavily debt-burdened planemaker's recovery, and Boeing has about 4,200 orders for the jetliner from airlines
FAA Administrator Mike Whitaker this week met with Boeing CEO Kelly Ortberg and toured Boeing's 737 plant in Renton, Washington, as it boosts oversight following the strike, which ended Nov 4
FAA Corrective Action Review Board reviewed the CFM LEAP-1B engine bird strikes which led to smoke entering two Boeing 737 MAX aircraft
The company said in regulatory filings that it could raise as much as $25 billion in stock and debt with its investment-grade credit rating at risk
Relatives of some of the 346 people who died in two crashes involving Boeing 737 Max planes are expected in court on Friday, where their lawyers will ask a federal judge to throw out a plea agreement that the aircraft manufacturer struck with federal prosecutors. The family members want the government to put Boeing on trial, where the company could face tougher punishment. In July, Boeing agreed to plead guilty to a single felony count of conspiracy to commit fraud in connection with winning regulatory approval of the Max. The settlement between Boeing and the Justice Department calls for Boeing - a big government contractor - to pay a fine and be placed on probation. Passengers' relatives call it a sweetheart deal that fails to consider the lives lost. The families who lost loved ones in the 737 Max crashes deserve far more than the inadequate, superficial deal struck between Boeing and the Department of Justice," said Erin Applebaum, a lawyer whose firm represents some of the ...
The issue is the latest setback to Boeing, which has faced a series of safety questions after a mid-air emergency in January involving a new Alaska Airlines MAX 9 missing four key bolts
Boeing said it's working with its supplier to develop additional guidance to address the potential condition with the rudder system
The planemaker's deliveries to China had been gradually recovering in recent months after a lengthy hiatus
The FAA capped output of Boeing's 737 Max at a rate of 38 per month in the wake of a January near-catastrophe, in which a door cover blew off during flight
The International Association of Machinists and Aerospace Workers (IAM), which represents more than 32,000 workers in the US Pacific Northwest, announced the deal along with Boeing on Sunday
The National Transportation Safety Board and Boeing said officials still have not determined who removed and reinstalled that plane's door plug during production
As many as 56 Boeing 737 Max planes are being operated by Indian carriers, and no engine failures have been reported by them recently, the government said on Thursday. Giving details about the number of operational Boeing 737 MAX aircraft in the country, the civil aviation ministry said Air India Express has 25 such planes while Akasa Air has 24 and SpiceJet 7. "No engine failures have been reported by the Indian operators related to the Boeing 737 Max aircraft recently," Minister of State for Civil Aviation Murlidhar Mohol said in a written reply to the Lok Sabha. Out of the total fleet of 56 Boeing 737 Max aircraft registered and operating in India, he said there has been one recent occurrence in May 2024 on B737 Max aircraft of SpiceJet, wherein engine No 2 oil filter bypass light illuminated. "As a precautionary measure, single engine landing was carried out by the pilot in command and the aircraft landed safely. As intimated by the airlines crew and passengers have not reporte
Details of the plea deal were disclosed Wednesday in a federal court filing after weeks of talks between Boeing and the US Justice Department
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
Boeing has agreed to plead guilty to a fraud charge resulting from failing to disclose critical design elements to regulators responsible for certifying the 737 MAX aircraft
The deal follows a DOJ finding in May that Boeing breached a 2021 agreement that had shielded it from prosecution