NEW YORK: Boeing will roll out an upgrade to the software in the MCAS stall prevention system on the 737 MAX aircraft that have had two deadly accidents in recent months, an industry source told AFP. The system was implicated in the crash of a 737 MAX 8 in Indonesia in October but the source […]
Category: Civil Aviation
Max groundings create $600 billion trouble for Boeing
Boeing Co.’s $600 billion-plus order book for its 737 Max began shaking after several big customers threatened to reconsider their purchases in the wake of the Ethiopian Airlines crash, the second deadly accident involving the plane since October. VietJet Aviation JSC, which doubled its order to about $25 billion only last month, said it will […]
Boeing black boxes flown to France as jets grounded worldwide
PARIS: The black box flight recorders from the Boeing 737 MAX aircraft that crashed in Ethiopia were flown to France Thursday for analysis as the ban on the model went worldwide after President Donald Trump added the US to countries that have grounded the aircraft. France’s BEA air safety agency confirmed it has received the […]
‘Perpetuity’ clause stalls Jet Airway’s new flight plan
NEW DELHI: The Jet AirwaysNSE -1.85 % revival plan has stalled over promoter Naresh Goyal’s insistence that his shareholding shouldn’t be capped at 22 per cent in “perpetuity”. This had been one of Etihad’s conditions for providing funds to the airline, which needs Rs 750 crore immediately. The board of the Abu Dhabi carrier, which […]
Jet Airways troubles mount as five more aircraft grounded for non payment of dues
Jet Airways on Wednesday informed the stock exchanges that it has grounded five more aircraft due to non-payment of dues to lessors under their respective lease agreements. This takes the total number of aircraft groundings due to non-payment of lease dues to 40 aircraft. Jet also has aircraft grounded due to lack of spares and […]
Ties between Boeing and Donald Trump run deep
WASHINGTON: When Donald Trump spoke with Boeing CEO Dennis Muilenburg on Tuesday to get assurances about the safety of the 737 MAX plane that crashed in Ethiopia, he wasn’t talking to a stranger. The U.S. president, who owned his own airline, Trump Shuttle, from 1989 to 1992, is an aviation enthusiast. Before becoming president he […]
US says ‘no basis’ to ground Boeing 737 MAX jets after crash
The United States has said there is “no basis” to ground Boeing 737 MAX airliners, after a second deadly crash involving the model in less than five months prompted governments worldwide to ban the plane. Despite the aviation giant’s assurances that the plane is safe and reliable, the European Union, Britain and India joined China […]
Canada grounds Boeing 737 MAX
OTTAWA: Canada grounded the world’s third largest fleet of Boeing 737 MAX 8 jetliners, or 41 planes operated by three Canadian carriers, and banned the aircraft from its airspace Wednesday. “As a result of new data that we received this morning, and had the chance to analyze, and on the advice of my experts and […]
Trump announces plan to ground all Boeing 737 MAX planes
WASHINGTON:After almost all countries across the world banned it, the US also banned the Boeing 737 MAX – the aircraft was involved in two deadly crash in the past five months. US ban followed Canada’s ban of the aircraft as a precaution post the Ethiopian crash on Sunday. Almost all major countries in the world […]
Government urges Supreme Court to scrap Rafale review plea
NEW DELHI: The Central government urged the Supreme Court on Wednesday to throw out a plea to review its clean chit to the controversial Rafale fighter jet deal on the ground that the petition was based on “unauthorised” photocopies of sensitive documents involving national security, an act tantamount to “theft.” Attorney General KK Venugopal sparked […]
Wall Street gains after tame economic data, Boeing turns higher
US stocks rose broadly on Wednesday after a fresh set of economic data strengthened the Federal Reserve’s patient stance on future rate hikes and as Boeing rose for the first time since Sunday’s deadly crash of a 737 MAX 8 jet in Ethiopia. U.S. producer prices barely rose in February, resulting in the smallest annual […]
Jet Airways’ loans are not considered NPAs now
Mumbai: Jet AirwaysNSE -0.93 %, which is in the midst of restructuring its operations, has become a standard account for most of the lenders as it has begun meeting payment in the past two months after missing payments in December, said two people familiar with the matter. The resumption of payments would be a major […]