Jay Menon

India Correspondent

Delhi, India

Summary

Articles

Jay Menon
NEW DELHI — The Indian air force (IAF) and navy are worried that the decision to temporarily halt all dealings with engine maker Rolls-Royce may affect future operations and acquisitions of several aircraft. India on March 3 put all defense contracts with Rolls-Royce on hold following allegations that the British company paid bribes to win lucrative contracts to supply Hawk advanced trainer jet engines to state-run Hindustan Aeronautics Ltd. (HAL).
Defense

Jay Menon
Despite frequent technical issues, Air India has no plans to ground its Boeing 787 fleet, but may seek compensation from the airframer for the financial loss suffered by the national carrier due to these glitches. On a day when Boeing delivered its thirteenth 787 aircraft, Air India Chairman and Managing Director Rohit Nandan said, “We have no such plans as of today to ground the 787s. It is for the regulators to take a view on the matter but we are quite satisfied with the quality of service we have received from this airplane and its economics.”
Air Transport

Jay Menon
Indian low-cost carrier SpiceJet has ordered 42 Boeing 737 MAX 8 aircraft, worth $4.4 billion, as part of its plans to modernize the fleet and find a potential investor. The country’s second-largest low-cost airline by market share expects to start taking delivery of the aircraft from 2018. “We will fund the acquisition through the sale-and-leaseback mode,” says S.L. Narayanan, group chief financial officer at Sun Group, the parent company of SpiceJet, soon after signing the deal at the India Civil Aviation Airshow in the southern city of Hyderabad.
Air Transport