SAFRAN SA
Rafale’s India operations get a strategic push; Dassault establishes maintenance facility near Jewar Airport
Dassault Aviation is advancing plans to establish a Maintenance, Repair, and Overhaul (MRO) facility near Jewar International Airport for India’s Mirage 2000 and Rafale fighters. This move supports India's aspiration to locally manufacture the latest Rafale versions under the "Make in India" initiative. Engine maker Safran SA also intends to set up an MRO facility for Rafale engines in Hyderabad, aiming for operations by 2025 and potential local production of M-88 engines. These developments are crucial as India seeks to bolster its defense capabilities amidst regional security challenges, including from China's expanding military presence.
Indian defence firms need to invest more in innovations and R&D to keep pace with global standards: Report
According to India Infoline Finance Limited (IIFL) report, these firms allocate only 1.2 per cent of their revenue to R&D, markedly lower than the global average of 3.4 per cent. This gap highlights a need for increased investment in innovation to keep pace with global standards.
Boeing hit with $72 million verdict in EV aircraft trade secrets case
Zunum Aero wins $72 million in trade secrets case against Boeing in Seattle. Boeing copied Zunum's technology, leading to $81.2 million award. Jury also awards $11.6 for tortious interference.
GE Q4 Results: Company posts higher profit on strong demand for engine parts, services
General Electric Co on Tuesday reported a higher fourth-quarter profit as its business that makes aircraft engines benefited from strong demand for spare parts and services, while cost cuts helped narrow losses in its renewable energy unit.
IndiGo, Air India's record plane order deliveries may not be an easy ride for Airbus, Boeing
Airbus and Boeing have been hit by a labour shortage in the aerospace industry's supply chain, threatening the manufacturers' ability to deliver on time. Airbus faces a race to meet its 2021 delivery deadline after missing that target last year, and though it has recruited 7,000 of 13,000 required positions, it admitted the labour market is challenging.
Air India's mega jet deal with Airbus, Boeing held up by engine-cost debate
CFM International, the General Electric Co. and Safran SA joint venture, is reluctant to offer big discounts on engines and maintenance that typically accompany mega orders, according to people familiar with the negotiations. The deadlock centers on the hourly rates Air India would pay for repairs, said one of the people, asking not to be identified as the deliberations are private.
- Go To Page 1
Labor scarcity is a bottleneck that’s here to stay
The lack of qualified workers for US factory floors was a topic of concern before the pandemic and now it’s an emergency.
Three in-flight engine shutdowns in India spark probe
All three incidents, the people said, involved engines made by CFM International Inc., the GE-Safran joint venture. All the planes landed safely. The incidents involved two Airbus SE A320neo jets, operated by Air India Ltd., and a Boeing Co. 737 Max aircraft, operated by Indian carrier SpiceJet Ltd., according to the people.
Airlines’ three in-flight engine shutdowns spark probe in India
All three incidents, the people said, involved engines made by CFM, a joint venture between GE and France’s Safran SA. All the planes landed safely. The incidents involved two Airbus SE A320neo jets, operated by Air India Ltd., and a Boeing Co. 737 Max aircraft, operated by Indian carrier SpiceJet Ltd., according to the people.
Invasion fallout frays supply chains anew in inflation shock
Almost all of the 10-largest container shipping companies, responsible for moving some 80% of global trade, have stopped accepting bookings for Russian cargo and ports from Europe to the U.S. are turning away the nation’s vessels.
Safran considers India engine repair plant after mega Airbus order
A final decision and the timing of any project will be linked to global industry recovery and demand for engine maintenance, repair and overhaul services after the pandemic, a Safran spokesperson.
IndiGo in talks for big engine order, defying aviation gloom
Based on the size of IndiGo’s last engine order -- a $20 billion transaction with CFM that covered 280 planes and was the largest engine order in history -- the new agreement could be worth around $10.7 billion, including service, repair, and maintenance.
The pandemic guts Airbus. It’s worse for thousands of suppliers
For the more than 159,000 people working at companies in the southwest directly tied to the sector, hanging on to their jobs has become the biggest preoccupation.
IndiGo woes rise as India steps up scrutiny of Airbus engines
An examination of engines manufactured by P&W has identified more engines at risk of shutting down in midair.
IndiGo stops pushing Airbus engines to limit after shutdowns
IndiGo has told its pilots to stop pushing engines on its new jets to the limit when the planes are climbing.
Pilots revving engines too hard led to IndiGo’s Airbus woes
DGCA told IndiGo that its practice of revving A320neo jets at full thrust could wear down engines, sources say.
IndiGo's new plan shows it isn't going to let up on its blistering expansion
The Indian airline, which adds an aircraft to its fleet every week, is in discussions for another large order.
Boeing shares plunge 10% after second 737 MAX crash
A Nairobi-bound Boeing 737 MAX 8 operated by Ethiopian Airlines crashed minutes after takeoff from Addis Ababa on Sunday.
European shares bounce back helped by bank merger talk
The pan-European STOXX 600 index was up 0.3 per cent by 0831 GMT, having hit its lowest since February 21.
Test pilots at HAL complete successful flight of indigenous light utility helicopter
The LUH is designed to carry out utility roles such as reconnaissance, transport, cargo load and rescue operations. It can operate from sea level to Himalayas.
Airbus is said to miss A320neo goal on Pratt engine troubles
The delays on Airbus’s hottest selling model -- a workhorse for airlines worldwide -- threaten to expose the planemaker and Pratt to late penalties from frustrated customers.
Tata, GE join hands to manufacture jet engine components
Under the partnership, Tata Advanced Systems Ltd and GE Aviation will together handle manufacturing, assembling, integration and testing of the aircraft components.
Pratt's Balky new jet engines get stepped-up scrutiny from India
IndiGo, India’s largest airline, and Go Airlines India have a combined total of about 30 A320neos in their fleet, making the country the largest customer.
IndiGo unhappy with engine issues; woes with engines spur compensation
The airline, operated by IndiGo, was forced to ground as many nine new A320neo jets on some days.
Challenging Boeing and Airbus: China's homemade C919 jet poised for 1st flight by April end
The Chinese C919 aircraft will be powered by the LEAP engine, made by CFM International, an equal joint venture between Safran and General Electric Co.
Aequs plans to enter Europe with SiRA buy
Aequs has acquired France-based Si-RA Group for an undisclosed amount, marking an entry into Europe a few months after it set up a base in North America.
China unveils narrow-body jet, showcasing aviation goals
China unveiled a prototype of its first homegrown passenger jet that it hopes will compete with airliners from Boeing Co. and Airbus Group SE.
AirAsia jet hunt widens, no emergency signal detected
The Indonesia team suspects the plane is under water, search and rescue agency chief F.H. Bambang Sulistyo said on Monday in Jakarta.
GE profit falls in Q1, but Immelt expects better show ahead
General Electric reported first-quarter profit that topped analysts’ estimates as the finance unit stabilised and industrial equipment and service orders stayed level.
Load More
