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Bank of England votes 7-2 to hold rates at 3.75%The Bank of England has chosen to maintain interest rates at 3.75 percent, a decision that aligns with prevailing predictions among economi...
KKR bets $1.4 billion on aircraft leasing, eyes airlines, Boeing and AirbusPrivate equity firm KKR is investing an additional $1.4 billion in aircraft leasing through its partnership with Altavair. This move comes ...
UK inflation unexpectedly sticks at 13-month low before BoE rate decisionUK inflation remained steady at 2.8% in May, surprising economists and the Bank of England. This data influenced currency markets, with Ste...
Blue Dart Aviation to expand cargo operations across five emerging Indian hubs, targets high-value cargoBlue Dart Aviation is gearing up to enhance its air cargo operations by launching services in five new industrial hotspots over the next fi...
Brembo, Ningbo SAFE form India joint venture for motorcycle ABS systemsItalian brake maker Brembo and Ningbo SAFE Brakes Systems are joining forces in India. They will establish a joint venture to produce motor...
Adani Group, Brazil's Embraer finalise Dholera for setting up aircraft assembly lineAdani Group and Embraer have selected Dholera in Gujarat for a regional jet assembly line. This collaboration aims to boost India's aircraf...
US closes probe into 2024 Delta Air Lines meltdown sparked by CrowdStrike outageThe Biden administration opened a probe into Delta following the CrowdStrike computer software outage, after other major carriers were ab...
Pilots' body FIP seeks B787 simulator tests to verify certain aspects in Air India plane crash probePilots' group FIP urged the AAIB to conduct simulator tests for the AI171 plane crash. They want to verify the connection between RAT deplo...
Air India crash report: AAIB says AI-171 crash probe in final analysis stage, urges restraint on speculationOne year after the Air India flight AI171 crash, the AAIB released a second interim report. The investigation into the Boeing 787-8's fatal...
Boeing, civil aviation minister issue key statement on Air India AI-171 crash probeBoeing and India's Civil Aviation Minister Ram Mohan Naidu issued statements marking one year since the Air India AI-171 crash. Both expres...
Air India plans to downsize with owner Tata balking at lossesAir India is reportedly deferring aircraft deliveries, cutting flights, and postponing expansion plans following instructions from owner Ta...
Boosting BRICS, Brazil eyes role in India's defence sectorEmbraer, the Brazilian aerospace powerhouse, is setting its sights on a lucrative contract with the Indian Air Force, proposing the KC-390 ...
Air India says 96% of Ahmedabad crash victims' families have received interim compensationAir India is nearing completion of compensation for AI171 crash victims. Most families have received interim aid, with final payouts underw...
Tata, Airbus conduct first test flight of maiden 'Made in India' C295 military transport aircraftIndia's first Airbus C295 military transport aircraft, manufactured in Vadodara, has successfully completed its initial test flight. This m...
Air India's long history as it continues to face fallout from deadly crashInvestigators will delay the final report on the deadly Air India Boeing 787 crash. The analysis of the plane's engines requires more time....
Who were the two pilots who flew the Air India jet that crashed?As investigators probe the Air India Boeing 787 crash, details of Captain Sumeet Sabharwal and First Officer Clive Kunder's careers and tra...
Air India crash report delay expected due to unfinished engine analysis, source saysThe final report on the Air India Boeing 787 crash will be delayed. Investigators need more time to analyze the aircraft's engines. The cra...
Vijay Rupani's daughter accuses Air India of pressuring crash victims' families to waive legal rightsAir India, on its part, said families are under no deadline to accept its final compensation offer and are free to wait for the AAIB report...
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
Brazilian aerospace giant Embraer makes strong pitch to win tender for Indian military's transport aircraftBrazilian aerospace firm Embraer is actively seeking to win a major Indian military transport aircraft tender. Their C-390 Millennium is th...