Used jets rents surge 44% as airlines pay up to buoy fleetsThe values and lease rates for out-of-production Airbus and Boeing jet series have surged due to the high demand from airlines. Used Boeing...
The engine dispute at the heart of Go First's bankruptcy filingGo First said Pratt & Whitney agreed in 2017 to compensate it for engine "support". The agreement, which ran through 2019, provided unspeci...
Air India set to order around 500 jets, says aircraft lessorAccording to a Reuters report, the Indian airline has been planning to increase the size of its fleet as far back as December, with Udvar-H...
IndiGo stops pushing Airbus engines to limit after shutdownsIndiGo has told its pilots to stop pushing engines on its new jets to the limit when the planes are climbing.
IndiGo upgrades 125 orders of A320neo for a bigger modelFor Airbus, it’s another boost for an aircraft that is eating up much of a market that Boeing wants to capture.
Airbus is said to miss A320neo goal on Pratt engine troublesThe delays on Airbus’s hottest selling model -- a workhorse for airlines worldwide -- threaten to expose the planemaker and Pratt to late p...
IndiGo says has made 69 Pratt engine replacements in 18 monthsIndigo said there have been 3 incidents when engines shutdown during flight, and 3 other cases when a flight was scrubbed after engine issu...
BSE turns to IBC, files insolvency cases against defaulting listed companies
BSE to suspend trading in 8 cos from Nov 24In case they comply with the norms by November 20, they would not face trading suspension, BSE said in a circular.
Pratt's Balky new jet engines get stepped-up scrutiny from IndiaIndiGo, India’s largest airline, and Go Airlines India have a combined total of about 30 A320neos in their fleet, making the country the la...
Pratt engine fixes prompt IndiGo to ground seven airbus planesIndiGo stopped using one A320neo aircraft this month after grounding four in June and two in May, according to data from flight-tracking we...
GST adds to engine woes, almost half of IndiGo A-320 Neo fleet groundedGlobally till February 24, 2017, 42 PW 1100G engines (fitted on A-320 Neos) have been prematurely removed from aircraft due to different te...
Swiss disclosure: Neo Corporation not to appeal against information exchangeNeo Corp International today said it will not appeal against sharing of information by Swiss authorities with their Indian counterparts.
Black money probe: India seeks details on Indore-based Neo Corp from SwitzerlandAbout a dozen such names have been disclosed so far, while many other requests are pending with Swiss govt who conducts its own due diligen...
- CCI gives green signal for News Corp-ESPN Star Sports deal
CCI has approved News Corp's proposal to acquire fully ESPN Star Sports, saying the combination would not impact adversely competition in I...
- Pratt & Whitney to supply engines for IndiGo aircraft
Pratt & Whitney, a division of United Technologies Corp, and IndiGo signed an agreement for PurePower PW1100G-JM engines for the low-cost a...
- Adidas targets teenage girls for $1.3 billion sales
"Teenage girls are a target group we didn't really reach so far, whereas boys are closer connected to Adidas via sports," said Erich Stammi...