SpiceJet will seek shareholder permission to raise up to INR25 billion ($335 million) through the issuance of eligible securities to qualified institutional investors.
“It’s all about gauge, gauge, gauge”—that's how United Airlines CEO Scott Kirby described the company’s recently announced 270-aircraft narrowbody order on an investor call June 29.
The order from Chicago-based United—its biggest ever and the largest by any airline in over a decade—consists of 50 737-8s, 150 737-10s and 70 A321neos.
Boeing has begun taxi tests of the 737-10—the fourth version of the MAX series and the longest stretch of the company’s long-running twinjet program—in the run-up to first flight.
UAE-based LCC flydubai “remains well-positioned” to emerge from the coronavirus pandemic, the airline said as it announced its annual results for 2020 on May 2.
An FAA order mandating changes to Boeing 737 MAXs affected by recently discovered electrical issues before those aircraft can fly again has been finalized and is slated for publication April 30.
Boeing remains confident that internal challenges will not hamper its efforts to get the 737 MAX and 787 programs back on track but suggests that a prolonged trade stalemate between China and the U.S. could present near-term problems.
Speaking at Routes Reconnected, Eddie Wilson warned that there will be “a lot of pain” for some primary and secondary airports across Europe in the coming years.
While Boeing, the FAA, and affected operators continue to collaborate on fixes for 737 MAXs that are out of service awaiting electrical-system modifications, executives at the manufacturer and one affected customer are confident the disruption will not drag on.
Turkish Airlines has cut 50 aircraft from its firm commitment for 75 Boeing 737 MAXs, canceling 10 aircraft outright and reverting a further 40 to options.
Spirit AeroSystems is now making several changes it had wanted to make eventually in a much quicker fashion—potentially turning its labor-intensive, 20th-century style factories into modern marvels of digitally driven lean manufacturing efficiency.
Electrical grounding issues that led Boeing to recommend some 737 MAX operators park their aircraft have turned up in two areas besides the original standby power control unit where it was first discovered.
One week into a de facto partial fleet grounding, Boeing continues to evaluate the scale and needed steps to correct 737 MAX electrical system problems—an issue that extends beyond the area originally flagged by the manufacturer.
Air Canada’s long-awaited federal financing package has several complexities the airline needs to address as the recovery in Canada’s air travel market remains more uncertain than ever.
Flydubai said deliveries of further Boeing 737 MAX aircraft in 2021 are not currently on the table as the LCC focuses on bringing the type back into service.
