The United States Department of State has approved a major defence support package for India involving Apache attack helicopter services and equipment, marking another step in deepening military cooperation between the two countries. According to the State Department, the approved deal covers support services and technical equipment for India’s existing Apache fleet, with an estimated […]
Boeing
US CEOs push business diplomacy during Beijing visit
Senior executives from major American companies joined diplomatic and commercial engagements in Beijing as part of a broader US business delegation that accompanied President Donald Trump during his visit to China. Chief executives from firms including aviation, technology, finance and commodities sectors held meetings with Chinese regulators and senior officials in an effort to advance […]
Boeing confirmed that China committed to purchase 200 aircraft
US aerospace giant Boeing has confirmed that China has committed to purchasing 200 aircraft in a deal announced during President Donald Trump’s recent visit to Beijing, marking a major step in restoring commercial aviation ties between the two countries. Read More: Boeing shares fall after China orders disappoint investors Boeing said the agreement represents an initial order and […]
UPS cargo plane crash in Louisville kills 7, injures 11
KENTUCKY — A UPS wide-body cargo plane crashed and burst into flames moments after takeoff from Louisville Muhammad Ali International Airport on Tuesday evening, killing seven people — including all three crew members on board — and injuring 11 others on the ground, officials confirmed. The crash occurred shortly before sunset, igniting multiple fires across […]
Air India tragedy sends Boeing shares down 5%
Boeing’s stock dropped by nearly 5% after an Air India Boeing 787-8 Dreamliner crashed near Ahmedabad, India. The tragic incident killed 241 of 242 people on board and raised new concerns about the aircraft’s safety. The plane crashed just seconds after takeoff, and while the cause is still unknown, Boeing said it is investigating the […]
Boeing crisis, trade tensions cast pall over Paris Air Show
Safety concerns, trade wars and growing security tensions in the Gulf are dampening spirits at the world’s largest planemakers as they arrive at this week’s Paris Air Show with little to celebrate despite bulging order books. The aerospace industry’s marquee event is a chance to take the pulse of the $150-billion-a-year commercial aircraft industry, which […]
Boeing conducts final test flight of 737 MAX with software fix
Boeing has conducted a final test flight of a 737 MAX model with an updated anti-stall system prior to its certification by aviation authorities, the aerospace manufacturer said Wednesday. CEO Dennis Muilenberg tweeted a video where he said the test flight was carried out on Tuesday, adding that test pilots have completed 120 flights totaling […]
US proposes new tariffs on EU products over Airbus subsidies
The US on Monday threatened to impose tariff counter-measures of up to $11.2 billion on a host of European products in response to subsidies received by aircraft maker Airbus. For more than 14 years, Washington and Brussels have accused each other of unfairly subsidizing Boeing and Airbus, respectively, in a tit-for-tat dispute. In a statement […]
American Airlines extends 737 Max cancellations to June 5
American Airlines is extending by over a month its cancellations of about 90 daily flights as the troubled 737 Max plane remains grounded by regulators. American said Sunday it is extending the cancellations through June 5 from the earlier time frame of April 24. The airline acknowledged in a statement that the prolonged cancellations could […]
Boeing cutting production rate of troubled 737 Max jet
Boeing will cut production of its troubled 737 Max airliner this month, underscoring the growing financial risk it faces the longer that its best-selling plane remains grounded after two deadly crashes. The company said Friday that starting in mid-April it will cut production of the plane to 42 from 52 planes per month so it […]