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BOEING TURNAROUND PLAN
US stocks: S&P 500 ends higher as investors await tech earningsThe S&P 500 index closed higher on Tuesday, boosted by gains in Boeing and Coca-Cola. Chip stocks experienced a significant decline as inve...- Boeing shares rise 5% despite higher than expected Q2 loss on Air Force One costsBoeing posted a wider-than-expected Q2 loss after a $280 million Air Force One charge, but shares rose 5% as positive free cash flow and hi...
- US Stocks: Nasdaq falls as AI worries mount ahead of pivotal earningThe Nasdaq opened lower on Tuesday, reflecting global market caution. AI chip stocks faced concerns over corporate spending and Chinese com...
- Boeing posts larger-than-expected Q2 loss as Air Force One costs riseBoeing reported a significant quarterly loss, largely due to its Air Force One replacement program. The company still generated positive fr...
- Air India: As Campbell Wilson readies for departure, N Chandrasekaran enters the cockpitChandrasekaran has called for closer coordination across the airline’s departments. Key divisions such as flight operations, commercial str...
- Air India in expanded talks for up to 300 new jets, sources sayIn a strategic leap forward, Air India is gearing up to augment its fleet dramatically. The airline is currently holding talks with aviatio...
- Air India secures $500 mn from Deutsche, Investec Bank for 5 DreamlinersAir India has secured a $450-500-mn bridge loan from Deutsche Bank and Investec Bank for five of its Boeing Dreamliners.
- Air India may start Dreamliner services from April as Boeing gets nod to redesign 787’s batteriesUS aviation regulator’s move to okay Boeing’s plans to redesign 787’s batteries could bring respite to AI, which was forced to ground its p...
- Government rules out discontinuation of Boeing Dreamliner deliveryAir India was already operating the Dreamliner on Delhi-Kolkata, Delhi-Bangalore and Delhi-Chennai sectors, apart from international destin...
- Wait for Dreamliner for Air India gets longer as govt fails to agree upon compensationThe monetary compensation, which is the part of the contract between the two parties, has been approved by the Cabinet but is waiting for a...
- No staff shortage in Air India: GovernmentThere is no staff shortage in AI which now has a strength of 26,851 employees, including 1543 pilots, LS was informed today.
- Air India to get Rs 30,000 crore, 27 Boeing 787 DreamlinersGovt approved a turnaround plan to restructure the operations and the finances of the cash- strapped carrier, including infusion of additio...
- Cabinet approves Air India financial restructuringCabinet approved a financial restructuring plan for Air India, which includes equity infusion by the government and restructuring of $4 bn ...
- Air India cabin crew go on indefinite strikeIn a fresh blow to ailing state-run Air India, the cabin crew has decided to go on an indefinite strike till their salaries are paid.
- Air India to gain $10-15 million from Boeing 787 sale & leaseback: Aviation MinistryUnder a sale-and-leaseback arrangement, an airline buys aircraft, sells it to a leasing company and leases back the planes.
- Air India goes for leaseback option for Boeing DreamlinersAir India decided to go in for sale-and-leaseback option for Boeing 787 Dreamliners instead of their outright purchase, as its Board review...
- Air India to go ahead with acquisition of Boeing 787sAir India would go ahead with the acquisition of Boeing 787 Dreamliner aircraft as part of its overall expansion programme and seek governm...
- Air India doesn't have money for 27 Boeing 787 Dreamliners: Vayalar RaviBoeing (International) V-P and (India) President Dinesh Keskar said he was unaware of any move by Air India not to take delivery of the Dre...
- Air India's new board members to discuss turnaround plan with FMThe new board members of the cash strapped Air India will be meeting the finance minister on Wednesday morning with the new turnaround plan.
- Air India's woes increase, even no takers for its lease plansThere seem to be no takers for leasing Boeing-777s from Air India, which plans to wet-lease six of them for up to two years owing to a dema...
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