SpiceJet shares soar 17% on CCI nod for capital infusion plan

Last Updated: Friday, February 20, 2015, 12:25

Shares of SpiceJet surged more than 17 percent in morning trade today after fair trade watchdog CCI approved original promoter Ajay Singh's plan to acquire controlling stake in the carrier.

SpiceJet's contract still stands: Boeing

Last Updated: Friday, February 13, 2015, 17:49

Underlining that it wants to see its customers healthy, Boeing India President Pratyush Kumar said, "We want to be responsive to our customer's requirements. All I am saying is that there is no change in status".

Wall Street finishes higher in afternoon rally as oil gains

Last Updated: Friday, January 30, 2015, 05:29

U.S. stocks enjoyed a late afternoon rally and closed higher on Thursday as an upturn in oil prices and a rally in Apple and Boeing shares helped offset some disappointing earnings and lingering questions over U.S. monetary policy.

Apple, Boeing keep Wall Street afloat; energy weighs

Last Updated: Thursday, January 29, 2015, 03:07

U.S. stocks were buoyed on Wednesday by earnings including Apple and Boeing, but a sharp drop in energy shares cut into gains, leaving indexes little changed.

Boeing reports 4Q profit of $1.47 billion on airplane sales

Last Updated: Wednesday, January 28, 2015, 21:06

Demand for commercial jets airliners boosted Boeing Co's fourth-quarter profit by 19 percent, topping Wall Street expectations by a wide margin and offsetting weakness in the defense business.

Fresh trouble for SpiceJet again, lessors seek 11 planes back

Last Updated: Wednesday, January 21, 2015, 22:28

In a fresh trouble for the budget carrier SpiceJet, aircraft lessors have approached the aviation regulator DGCA, seeking its permission to repossess 11 Boeing planes of the airline, even as its revival plan is under review of the Civil Aviation Ministry.

Airbus beats Boeing in orders in 2014, but delivers less planes

Last Updated: Tuesday, January 13, 2015, 15:44

Airbus said Tuesday it beat Boeing with 1,456 net orders last year, but despite handing over a record 629 planes last year to airlines it is still trailing its US rival in deliveries of commercial passenger jets.

AIE to lease three Boeing planes from GE Capital Aviation

Last Updated: Sunday, January 11, 2015, 17:38

Air India Express (AIE) will lease three Boeing 737-800 planes from GE Capital Aviation Services (GECAS) of Singapore, which are expected to be delivered to the airline next year.

Boeing plane deliveries hit record; Airbus wins on orders

Last Updated: Wednesday, January 7, 2015, 03:24

Airbus beat US rival Boeing in aircraft orders in 2014, maintaining the lead in new business despite lagging in deliveries, a person familiar with the matter said on Tuesday.

Air India has so far acquired 18 Dreamliner planes: Minister

Last Updated: Monday, December 22, 2014, 21:45

Air India has so far acquired 18 Dreamliner aircraft costing over USD two billion or about Rs 12,700 crore and spent more than Rs 97 crore on their maintenance since 2012-13, Minister of State for Civil Aviation Mahesh Sharma said Monday.

Air China orders 60 Boeing 737s for more than $6 bn

Last Updated: Monday, December 22, 2014, 20:45

US airplane maker Boeing said Monday that Air China has ordered 60 of its 737 jets, including some from the fuel-efficient 737 MAX series, valued at more than USD 6 billion.

Flying back on course: the inside story of the new Airbus A350 jet

Last Updated: Monday, December 22, 2014, 10:35

Qatar Airways CEO Akbar Al Baker urged Airbus to take the 787 seriously and said its draft response, a quick fix to its A330 with new General Electric engines, was inadequate.