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    What is the A-321 XLR aircraft? Why is there an increasing demand for this Airbus product?

    The A-321 XLR aircraft has the capacity to travel long distance non-stop. Many airlines around the world are placing orders with Airbus.

    SpiceJet faces contempt notice from Delhi HC for non-compliance

    The Delhi High Court issued a contempt notice to SpiceJet and its executives for failing to comply with a May 27 order to return two Boeing aircraft and three engines to lessor TWC Aviation Capital. The court warned that contempt proceedings will proceed unless SpiceJet complies by July 8.

    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.

    Aviation market big enough for Akasa Air to succeed, says CEO Vinay Dube

    As Akasa Air expands domestically and internationally, CEO Vinay Dube focuses on service excellence and cost leadership, rather than competition. With a fleet of 24 Boeing 737 MAX planes and over 900 weekly flights, the airline aims for profitability while planning further growth. Ancillary services and pilot satisfaction remain key priorities.

    US sanctions Boeing for sharing information about 737 Max 9 investigation

    US investigators are sanctioning Boeing for sharing unauthorised information about a federal investigation into a door plug blowout on a Boeing 737 Max 9. The National Transportation Safety Board accused Boeing of violating investigative regulations by providing non-public information to the media and speculating about possible causes of the incident. Boeing's recent actions have led to sanctions, including restricted access to investigative information and a subpoena to appear at an investigative hearing in August.

    SpaceX founder Elon Musk slams Boeing for too-many non-technical managers, says, they should be able to design aircraft

    Elon Musk criticized Boeing CEO David Calhoun and said that Boeing had lost sight of its engineering core. Boeing is struggling with leadership transitions, safety concerns, and legal issues.

    The Economic Times
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