Aircraft mega-deals prompt bubble warning from industry veteransThe aviation industry has surpassed expectations as airlines record a surge in profits and place massive orders for planes, with announced ...
20 Jun, 2023, 11.16 AM IST
Air India's mega jet deal with Airbus, Boeing held up by engine-cost debateCFM International, the General Electric Co. and Safran SA joint venture, is reluctant to offer big discounts on engines and maintenance tha...
20 Jan, 2023, 10.36 AM IST
Who's to blame? Jet delivery delays spark penalties battlePowerful leasing companies heaped pressure on planemakers over the delays, with Air Lease Executive Chairman Steven Udvar-Hazy telling this...
18 Jan, 2023, 05.01 PM IST
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...
16 Jan, 2023, 06.40 PM IST
Jeff Bezos gives $200 mn to National Air and Space Museum, its biggest philanthropic gift since 1846The gift comes as the nation’s museum sector has been hit hard by the pandemic, with closures and deep financial losses.
15 Jul, 2021, 08.43 AM IST
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.
10 Nov, 2018, 02.21 PM IST
- NASA to put humans on the Moon again: Pence
Washington, Oct 6 (IANS) The Trump administration wants NASA to land humans on the Moon and establish presence on the lunar surface before ...
06 Oct, 2017, 06.12 PM IST
- NASA to put humans on the Moon again: Pence
Washington, Oct 6 (IANS) The Trump administration will direct NASA to land humans on the Moon and establish presence on the lunar surface b...
06 Oct, 2017, 12.17 PM IST
- Farnborough air show orders fuel economy hopes
Europe's Airbus pronounced the recession over on Thursday after wrapping up a busier-than-expected Farnborough Airshow with a $3 billion-pl...
23 Jul, 2010, 11.03 AM IST
- Airbus wins 4.4 billion dollar deal for 51 A320 jets
Airbus has won a 4.4-billion-dollar order from new US group Air Lease Corporation for 51 single-aisle A320 jets, the European aircraft make...
19 Jul, 2010, 04.51 PM IST
- Airbus may double its orders this year
Airbus SAS, the world’s largest aircraft maker, can double the 131 orders it received in the first half during this week’s Farnborough Air ...
19 Jul, 2010, 01.38 AM IST
- Leasing cos to be major buyers for jets
Airbus SAS and Boeing Co are poised to secure major orders this week from leasing companies that are getting back into the market after the...
19 Jul, 2010, 01.28 AM IST
- AIG plane leasing exec may bid for assets
The head of the aircraft leasing company owned by the financial services company American International Group is reportedly talking about b...
30 Aug, 2009, 06.18 AM IST
- AIG to sell ILFC to management group next year
American International Group, the insurer bailed out by the US, will sell its plane-leasing arm International Lease Finance to a group of i...
24 Nov, 2008, 12.28 AM IST
- Boeing conducts redesign on key Dreamliner segment
US aircraft maker Boeing has said it has carried out a redesign on a key part of the structure of its new Dreamliner 787 jet where wings ar...
21 Mar, 2008, 08.51 PM IST
- Boeing redesigns key Dreamliner segment
Boeing, which aims to build 2,000 Dreamliners in the next 10 years, maintains that it will consume 20% less fuel than similar-sized planes....
21 Mar, 2008, 08.34 PM IST
- ILFC may clip Airbus wings, dump deals worth over $5bn
The biggest aircraft leasing firm, International Lease Finance (ILFC), has warned that it may cancel deals to buy the Airbus A380 superjumb...
21 Jun, 2006, 12.52 AM IST