Virgin Galactic’s first test passenger received her commercial astronaut wings from the US aviation regulator on Tuesday after flying on the company’s rocket plane to evaluate the customer experience in February. Virgin Galactic’s chief astronaut instructor, Beth Moses, who is a former NASA engineer, became the first woman to fly to space on a commercial […]
Australia is getting a taste of commercial drone delivery service by Google’s parent company, Alphabet. The company announced the launch of its first commercial drone service through its Wing subsidiary. According to Fast Company, the service will be available to order food, coffee, and over-the-counter medicines using a connected smartphone app. Once a user places […]
Boeing Co’s legal troubles grew on Tuesday as a new lawsuit accused the company of defrauding shareholders by concealing safety deficiencies in its 737 MAX planes before two fatal crashes led to their worldwide grounding. The proposed class action filed in Chicago federal court seeks damages for alleged securities fraud violations, after Boeing’s market value […]
Mumbai: Lenders of Jet Airways have invited initial bids to buy as much as 75 per cent of the cash-strapped airline. The potential bidder should have a net worth of at least Rs 1,000 crore ($144 million) in the preceding financial year, or at least three years of experience in the airline business. Bids should […]
Investigators will release on Thursday a keenly awaited report on the deadly crash of an Ethiopian Airlines jet, Ethiopia’s Transport Ministry said, giving the first official clues to the second crash of a new Boeing 737 MAX in five months. Some 35 nationalities were among the 157 passengers and crew who died when the nearly […]
Boeing’s new MCAS flight control system for its 737 MAX aircraft appears foolproof, Norwegian Air Chief Executive Bjoern Kjos said on Wednesday after visiting the plane maker in Seattle. Kjos, a former fighter pilot, said in a series of tweets he had tested the old system versus the new one in a MAX simulator.
New Delhi: Recouping early losses, shares of Jet Airways were trading marginally lower on Friday morning as lenders prepare to invite bids for stake sale in the ailing airline. The scrip was down at Rs 259.15 after opening at Rs 264 on the BSE. Similar trend was witnessed on the NSE where the company’s share […]
New Delhi: Jet Airways shares fell as much as 4 per cent in early trade on Wednesday after it said the previous day it has grounded 15 more planes due to non-payment of dues to its lessors. The latest groundings mean more than two-thirds of its total fleet of about 120 planes is not flying.
Bengaluru: State owned Hindustan Aeronautics Limited (HAL) has recorded turnover of over Rs 19,400 crore for the 2018-19 financial year, ending March 31 against Rs 18,284 crore in the previous year. HAL said it posted a revenue growth in excess of six per cent during 2018-19 as compared to 3.8 per cent during 2017-18.
Mysuru: Alliance Air will operate another 72-seater flight from Mysuru Aiport shortly, connecting the Heritage City with Kochi. Alliance Air will operate ATR72 flight on all days of the week except Monday. The flight will arrive at 8.05 pm and depart at 8.35 pm. As of now, the operations have been confirmed till October 26 […]
Mumbai: A major crisis at the struggling carrier Jet Airways was averted Sunday after it’s pilot’s body National Aviator’s Guild (NAG) deferred to April 15 its call of halting operations. The decision was taken at an open house meeting of NAG members that took place both in Mumbai and Delhi on Sunday afternoon, a guild […]
Supersonic jet developer Aerion Corp is designing its first plane to run completely on biofuels to reduce emissions, even as the company calls for new global standards for planes that can conquer the sound barrier, the company’s chief executive said on Thursday. Aerion’s business jet AS2, with a $120 million list price per jet, would […]