Boeing 777

IndiGo working with govt to extend wet lease of Boeing 777 planes

IndiGo is working with the civil aviation ministry to explore the possibility of extending the wet lease of wide-body Boeing 777 planes from Turkish Airlines as the existing lease period is ending this week. Currently, IndiGo is operating two wet-leased Boeing 777 planes for flights from Delhi and Mumbai to Istanbul. These are also the only two wide-body aircraft that are in the fleet of the airline, which is India's largest carrier with a domestic market share of over 62 per cent. These aircraft were wet-leased to cater to the rising demand for international travel from India. IndiGo started operating its first wide-body Boeing 777 aircraft on the Delhi- Istanbul route from February 1, 2023, and began operating the Boeing 777 plane on the Mumbai-Istanbul route from May 17, 2023. Sources in the know said the airline has not received an extension for continuing with the wet lease of the aircraft. When contacted, an IndiGo spokesperson on Monday told PTI that the airline is "working

Spirit Aero System raises doubts over ability to continue as going concern

Spirit's cash balance at the end of the third quarter of 2024 was $218 million, according to an October filing

Boeing factory workers accept new contract offer ending seven-week strike

Unionised machinists at Boeing voted Monday to accept a contract offer and end their strike after more than seven weeks, clearing the way for the aerospace giant to resume production of its bestselling airliner and generate much-needed cash. Leaders of the International Association of Machinists and Aerospace Workers district in Seattle said 59% of members who cast ballots agreed to approve the company's fourth formal offer and the third put to a vote. The deal includes pay raises of 38% over four years, and ratification and productivity bonuses. However, Boeing refused to meet strikers' demand to restore a company pension plan that was frozen nearly a decade ago. The contract's ratification on the eve of Election Day clears the way for a major U.S. manufacturer and government contractor to restart Pacific Northwest assembly lines that the factory workers' walkout have idled for 53 days. According to the union, the 33,000 workers it represents can return to work as soon as Wednesda

Boeing CEO Ortberg presses turnaround plan as loss balloons to $6 bn

The company has now racked up losses of nearly $8 billion for the current year, as a halt in production of its 737 MAX, 777 and 767 planes following the strike

Boeing employees hold rally in Seattle as strike enters second month

Investors and regulators have had Boeing under the microscope since a door panel flew off a near-new 737 MAX jet in midair in January

Boeing prepares layoff notices for thousands of workers as turmoil deepens

While Su has previously spoken with Boeing and the striking West Coast factory workers' union, it is her first time in Seattle meeting both sides in person

Acting US labour secretary attempts to intervene in Boeing strike

Roughly 33,000 workers have been on strike since Sept 13, seeking a 40 per cent wage increase over four years

Boeing halts talks, withdraws pay offer to striking 33,000 factory workers

The striking union of its West Coast factory workers is seeking a 40 per cent pay rise over four years and the restoration of a defined-benefit pension that was taken away in the contract a decade ago

Boeing's 777X launch faces new setback as structural issue halts testing

Initially set for service in 2020, the 777X, promoted by Boeing as the 'world's largest and most efficient twin-engine jet' has faced delays and cost overruns

Committed to making India a regional MRO hub: Boeing Defence India MD

Parent company Boeing leveraging Indian assets for cutting-edge R&D, investing to meet growing demand for new pilots in South Asia

Boeing restoring output, expects 787 suppliers to catch up by year end

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

FAA, EASA vow to boost collaboration on new airplane certification

Since two Boeing 737 MAX crashes in 2018 and 2019 that killed a combined 346 people, aviation regulators around the world have tightened oversight of new airplanes

Current, former Boeing execs unlikely to be charged for 737 Max crashes

The department's decision about what to do next will advance just one of the multiple legal threats Boeing now faces after a fuselage panel blew off a 737 Max mid-flight in January

Fitch lowers Boeing 2024 aircraft delivery, free cash flow forecasts

The rating agency forecasts from 350 to 370 737 MAX deliveries and about 65-70 787 deliveries in 2024, below previous expectations of about 400 and 75, respectively

Boeing, Singapore mishaps spur surge in web searches on flight safety

A spate of high-profile airline accidents this year have left a lasting impression on the public

One dead, many injured after turbulence hits Singapore Airlines flight

Singapore Airlines flight SQ321, travelling from London Heathrow Airport to Singapore, encountered severe turbulence, forcing an emergency landing at Bangkok's Suvarnabhumi Airport on Tuesday

Boeing supplier Spirit AeroSystems to fire 450 after 737 production slows

A key Boeing supplier that makes the fuselages for its popular 737 Max airplanes is laying off about 450 workers because production has slowed down ever since a panel flew off one of those airplanes operated by Alaska Airlines in midair in January. A spokesman for Spirit AeroSystems confirmed the layoffs at its Wichita, Kansas, plant on Thursday that would trim its workforce of just over 13,000 people. Spirit is Boeing's most important supplier on the 737s because it makes fuselages and installs door plugs like the one that flew off the plane. But it's not clear whether Spirit or Boeing employees were the last ones to touch that panel. The recent slowdown in the delivery rate on commercial programs compels a reduction to our workforce in Wichita," Spirit spokesman Joe Buccino said. Boeing confirmed this spring that it is in talks to buy Spirit, which was once a part of the plane-maker before it was spun off. Buying Spirit back would reverse a longtime Boeing strategy of outsourcing

Boeing took shortcuts for faster production of its 787s: Whistleblower

Salehpour, who according to his attorneys worked on the 787 from 2020 through early 2022, told reporters on Tuesday that the issues he described "may dramatically reduce the life of the plane"

Boeing's CEO David Calhoun got compensation worth $33 mn last year

Boeing CEO David Calhoun received compensation valued at $33 million last year, nearly all of it in stock awards, but his stock payout for this year will be cut by nearly one-fourth because of the drop in Boeing's share price since the January blowout of a panel on one of its planes in midflight. The company said Friday that after the accident on the Alaska Airlines Boeing 737 Max, Calhoun declined a bonus for 2023 that was targeted at nearly $3 million. Calhoun announced this month that he will step down at the end of the year as Boeing deals with multiple investigations into the quality and safety of its manufacturing. The company said in a regulatory filing that Calhoun got a salary of $1.4 million last year and stock awards valued at $30.2 million. Including other items, his compensation totalled $32.8 million, up from $22.6 million in 2022. Boeing stock has dropped since Jan 5, when a door-plug panel blew off an Alaska Airlines Max jetliner flying 16,000 (4,800 metres) feet ab

Boeing 737 Max probe still trying to find who caused door failure

The door plug on the Alaska Air 737 Max 9 blew off shortly after takeoff from Portland, Oregon, prompting an explosive decompression