AIRBUS NEWS
Boeing to buy Spirit Aero in $4.7 bln deal after months of talks
Boeing announced on Monday that it will acquire its struggling supplier Spirit AeroSystems in a $4.7 billion all-stock deal, concluding months of negotiations. The total value of the transaction, including Spirit's net debt, is approximately $8.3 billion. Spirit shareholders will receive Boeing shares at an exchange ratio between 0.18 and 0.25, valuing Spirit shares at about $37.25 each. As part of the deal, Airbus will take over certain commercial work packages from Spirit.
Air India Express moves to new campus, joins Air India in Vatika One-on-One complex in Gurugram
Air India Express has moved its headquarters to the Vatika One-on-One complex in Gurugram, now sharing the campus with Air India's main office. The new facility emphasizes innovation, sustainability, and a future-ready approach, featuring "The Patterns of India" theme in its design. It boasts an open floor plan with natural light, collaborative spaces, and gender-inclusive amenities. The airline aims to enhance productivity with ample meeting rooms and private areas.
Airbus frets over global trade tensions amid EU-China spat
Airbus faces challenges due to trade tensions as Europe imposes tariffs on Chinese electric vehicles, impacting global businesses like Airbus.
Moving beyond Airbus & Boeing: What will it take for India to make its own commercial airliner?
India is already a growing sourcing hub for the global defence and aerospace industry. With government help, this ecosystem can, in time, be developed to support the development of a commercial plane. That is how we made our space programme, experts point out.
Flight stories: Discover these 6 podcasts about the fascinating world of air travel
Discover a curated selection of podcasts that delve into the thrilling yet complex world of air travel. From tales of air disasters and mysteries like MH370 to insightful discussions about Boeing's quality crisis and the ongoing Boeing vs Airbus rivalry, these podcasts offer a unique blend of entertainment and education. Whether you're an aviation enthusiast, a frequent flyer, or simply curious about the intricacies of commercial aviation, these podcasts provide valuable insights, travel tips, and captivating stories.
Qatar Airways closes in on major Boeing, Airbus widebody order, Bloomberg News reports
The Middle East carrier is looking at ordering about 200 jets, looking at a mix of Airbus A350s and Boeing 777X models, with a decision possible as soon as the Farnborough Air Show in Britain late next month, the report said. Airbus said it is constantly in talks with customers about fleet needs but did not disclose any details, while Boeing deferred to Qatar Airways when asked for a comment.
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Airbus faces new output pressure amid parts shortages
Airbus is encountering challenges with its production ramp-up for passenger jets due to shortages of parts and labor, according to industry sources. The slowdown may potentially delay the assembly of several dozen jets in the second half of the year. Although it's uncertain whether this will impact delivery targets for 2024, as deliveries typically follow output decisions by several months, Airbus aims to deliver 800 airplanes in 2024 according to its last quarterly results.
Transition to new crew scheduling app hits Air India Express flights
Air India Express faced a 15-hour delay when a pilot discovered he was trained on a different aircraft than the one assigned for his flight from Riyadh to Kochi. This incident adds to the challenges the airline is facing, including disruptions due to cabin crew sick leave and issues with a new scheduling software. About 50 out of 300 daily flights have been affected, prompting manual rostering efforts and assistance from Tata Group carriers.
Emergency declared at Delhi's IGI Airport over suspected AC fire on Air India flight
Air India Flight AI-807 from Delhi to Bangalore was forced to return to Delhi's Indira Gandhi International Airport due to a suspected fire in the aircraft's air conditioning unit. The flight, carrying 175 passengers, landed safely, and a full emergency was declared at the airport. Alternative arrangements are being made for the passengers to reach Bangalore.
Commercial jet maker Airbus is staying humble even as Boeing flounders. There's a reason for that
In the ongoing competition between Airbus and Boeing for dominance in the commercial aircraft market, Airbus has been consistently outperforming Boeing in both orders and deliveries for the past five years. This trend has been fueled by Airbus's development of fuel-efficient aircraft and its ability to meet demand faster than Boeing.
IndiGo announces bonus for its employees
IndiGo, India's largest airline, is set to return to full-year profitability in FY 24, following a challenging period due to the pandemic. The company has announced a bonus for its employees equivalent to one and a half months' salary. The surge in domestic passenger numbers has contributed to IndiGo's quicker recovery compared to other global airlines. Its shares have witnessed significant gains, with analysts expecting a profit between Rs 7,500-8,000 crore in FY 24.
Go First planes need engines, spare parts; lessors to take longer to fly them out of India
Industry experts anticipate that it will take longer for lessors to remove Go First's 54 deregistered planes from the country due to engine and spare parts requirements. The majority of these planes, stopped in May 2023, need maintenance and approvals for flight after being grounded for a year.
'Shortcuts Everywhere': How Boeing favored speed over quality
Several incidents involving malfunctioning systems and manufacturing defects in Boeing 737 Max planes have raised concerns about Boeing's quality control processes and safety standards. Despite the incidents being reported to the Federal Aviation Administration, they were not widely publicized.
IndiGo signs financing pact with BOC Aviation for 4 Airbus A320NEO aircraft
BOC Aviation has signed a finance lease transaction with IndiGo for four Airbus A320NEO aircraft. The deal supports IndiGo's expansion strategy and fleet modernization efforts. The A320NEO aircraft are powered by CFM LEAP-1A engines, with all four scheduled for delivery in 2024. The partnership aims to strengthen IndiGo's position in both domestic and international markets.
IndiGo wins ch-aviation award for 'World's Youngest Aircraft Fleet' for second year running
IndiGo secures the World's Youngest Aircraft Fleet Award for the second year, recognized by global aviation intelligence platform ch-aviation. With an average fleet age of 3.94 years and over 300 modern aircraft, IndiGo stands among the top 10 global carriers. CEO Pieter Elbers emphasizes the airline's commitment to sustainability, reducing its carbon footprint. Thomas Jaeger, ch-aviation CEO, applauds IndiGo's strides in the industry. The selection process, excluding VIP configurations, reaffirms IndiGo's position as a pioneer in aviation efficiency.
Airbus is pulling ahead as Boeing’s troubles mount
Airbus has cemented its position as the world's largest plane maker for the fifth straight year, announcing that it had delivered more aircraft and secured more orders than Boeing in 2023. The incident involving the Boeing 737 Max 9, which blew open in the fuselage of an Alaska Airlines flight in midair, was the latest in a string of safety lapses in Boeing’s workhorse aircraft, including two fatal crashes in 2018 and 2019.
Boeing shares slide 8% in Frankfurt, US pre-market after MAX 9 groundings
A piece of fuselage tore off an Alaska Airlines jet on Friday following takeoff from Portland, Oregon, forcing pilots to turn back. Jefferies said in a note that the latest Boeing incident could slow aircraft production if manufacturing and installation processes are subject to further regulatory probes.
Plane with Indians grounded in France over human trafficking lands in Mumbai
The aircraft, an Airbus A340, landed in Mumbai shortly after 4 am. It had taken off from Vatry airport near Paris around 2.30 pm local time.
Air India gets nation's first Airbus 350, ops to start in Jan 2024
Air India, owned by the Tata Group, received India's first Airbus A350, marking a milestone in the airline's transformation. The A350-900, equipped with a three-class cabin configuration and 316 seats, will initially operate domestically for crew familiarization. Air India plans to commence commercial services in January 2024, with the A350 operating longer-haul routes later
We are committed to be world class: Air India CEO Campbell Wilson
This current phase, which you rightly note we're halfway through, is where we're building all of the platforms and capabilities to support very aggressive growth. That includes the 470 aircraft that we announced earlier this year, and putting a lot of the platforms in place.
Emirates 90-plane 777X deal to kick-start Dubai Airshow
At the Dubai Airshow, Middle East carriers, particularly Emirates, are expected to place significant orders for long-haul jets, boosting confidence in Boeing's 777X despite delays. A potential order for 90 Boeing 777X jets, valued around $40 billion, is on the horizon. The show may also see flyDubai ordering more Boeing 737 MAX jets. Meanwhile, Turkish Airlines is in talks to buy up to 355 Airbus jets, intensifying competition. The impact of the Israel-Hamas war on travel demand and the possibility of arms deals amid the conflict add complexity to the aerospace event.
Singapore's BOC Aviation signs financing pact for 10 Airbus aircraft with IndiGo
Singapore BOC Aviation Limited and India's largest airline IndiGo have entered into a finance lease transaction involving 10 Airbus A320NEO aircraft to further expand its fleet, officials said on Wednesday. All 10 aircraft powered by CFM LEAP-1A engines are scheduled for delivery in 2023.
Boeing China appoints new president amid Sino-US tensions
China accounts for about a quarter of global aircraft imports and its dealings with Boeing have become mired in geopolitical and trade tensions with Washington.
Akasa Air places order for four additional Boeing 737-8 jets
Akasa's announcement is the third major headline made in quick succession by Indian airline companies at the Paris show. It comes close on the heels of IndiGo's gigantic 500-plane Airbus order placed on June 19 and Air India's announcement of finalisation of its 470-plane deal with Airbus & Boeing.
'Go First lessor's plea to deregister aircraft has not been rejected yet'
The Directorate General of Civil Aviation (DGCA) on Wednesday told the Delhi High Court that it has not rejected but kept in "abeyance" its decision on aircraft lessor Pembroke Aircraft Leasing's application for deregistering its aircraft, currently on lease with Go First.
Air India to temporarily reduce flights on some US routes: CEO Campbell Wilson
Air India is reducing the frequency of flights on certain US routes due to crew shortage issues for a temporary period. The airline has a staff strength of around 11,000 people, including flying and non-flying employees. The CEO and MD, Campbell Wilson, said that the airline will have 100 pilots for Boeing 777 planes in three months as they are being "activated" and around 1,400 cabin crew are in training.
Airbus, Qantas close to first joint sustainable aviation fuel investment
The companies established the fund last year after Qantas set a target of using 10% SAF in its fuel mix by 2030 and placed a multibillion-dollar order for Airbus narrowbody and widebody planes. Australia lacks an SAF industry, meaning Qantas' purchases of the fuel are made at overseas airports. Stephen Forshaw, Airbus' chief representative for Australia, New Zealand and the Pacific, said the manufacturer and Qantas were meeting weekly to discuss $1 million-plus investments in early stage SAF projects in Australia.
IndiGo, Go First face P&W engine headwinds; over 50 planes on ground
A senior government official told PTI that there are at least 25 aircraft each of IndiGo and Go First that are on the ground due to P&W engine problems, and the engine maker is not able to ensure timely deliveries on account of supply chain disruptions. However, according to flight tracking website flightradar24.com, as many as 39 aircraft of IndiGo, comprising 28 A320 neo and 11 A321 were on ground as on February 26.
IndiGo's expansion plan: Partnership with Turkish Airlines, 500 planes already on order from Airbus
Talking about the competition, without naming Air India, which recently ordered 470 planes, he said, "Competition is always welcomed. India has currently approximately 7.3 per cent less than 100 million people who have a passport. As Indian people get a passport the first thing they want to do is fly overseas. There is huge potential for travelers who are aspiring to travel within India or overseas. So we are in the right place at the right time to take people beyond the borders of India."
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