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Tag: Boeing

Jet Airways Ist Indian Airline to Acquire 75 Fuel-Efficient Boeing Planes

[New Delhi]Jet Airways to Acquire 75 Fuel-Efficient Boeing Planes
Naresh Goyal-promoted private carrier Jet Airways will acquire 75 fuel-efficient 737 MAX 8 aircraft from US plane maker Boeing.
The decision to buy new single-aisle aircraft was confirmed at the biennial Dubai Airshow today, according to a Boeing release. The deal price was not disclosed in the release.
Jet Airways will be the first airline in India to take delivery of the 737 MAX planes, it said, adding this also marks the largest order in Jet Airways’ history and supports the airline’s aircraft replacement strategy with modern planes.
The order includes conversions of 25 Next-Generation (NG) 737s to 737 MAX 8s, as well as options and purchase rights for an additional 50 aircraft,
This new single-aisle airplane will deliver 20 per cent lower fuel use than the first NG 737s and the lowest operating costs in its class.
It Endorses Jet Airways’ confidence in the long-term prospects of the Indian aviation sector, which reflects the positive forecast for the country’s economy and offers tremendous potential for growth and development,
The price tag for these planes is estimated at $240 billion.

National carrier Still To Overcome The Uncertainty on Procurement Of Boeing

[New Delhi] National Carrier Still To Overcome The Uncertainty on Procurement Of Boeing.Boeing had asked AI to take a final decision on the long-pending proposal by this month.
Air India is likely to seek more time from Boeing for taking a final call on the firm’s proposal offering it 11 single-aisle aircraft in lieu of three wide-body B777s, which were a part of a 68-aircraft order placed in January, 2006.
The airline has constituted a three-member panel to go into the pros and cons of the proposal, which has been pending for nearly four years,
Air India had initially planned to cancel the order for the three B777s following the downturn in aviation sector worldover in 2008 but had to deferred the deliveries as there was no “cancellation clause
Later, the US aircraft maker offered Air India to convert this order into an order for 11 Boeing 737 MAX aircraft.
Air India has sought an extension in the deadline as it wants the new chairman and managing director (CMD) to take a call on such an important issue,
As part of its fleet expansion plan, the national carrier had in 2006 placed orders with Boeing for 68 aircraft: 27 Dream liners, 15 B777-300ERs, eight B777-200LRs and 18 B-737- 800s. Of these, eight B777-200LRs, 21 Dream liners and 18 B-737-800s have already been delivered.
As per sources ,Single-aisle aircraft Boeing 737 MAX has a maximum seating capacity of 180 passengers while Boeing 777-300ER has a seating capacity of 230 plus,
In 2013, Air India sold its five Boeing 777-200LRs to Etihad for around USD 350 million.

PM Of India Assures Raising FDI Limit To More than 49%:Aero India 2015 Air Show

[Bengaluru] Opening New era for the defence industry in India P M Assures Raising FDI Limit Beyond 49%
Opening New era for the defence industry in India PM Assured raising the permitted level of Foreign Direct Investment to 49%.This can go higher, if the project brings state-of-the art technology, The PM Said .
Expressing confidence that India would emerge as a major global centre for defence industry, Prime Minister Narendra Modi today promised conducive business environment for domestic as well as foreign players, including a discrimination-free tax system.
PM Shri Modi Invited foreign firms for strategic partnership He said Developing defence system is at the heart of our Make in India programme
He said Defence output will double if domestic procurement goes up from 40 % to 70 % in next five years:
According to a top Boeing official.US companies are hopeful that the Narendra Modi government will take a fresh look at the issue of signing US foundational agreements for transfer of military technology and weapons,
This 10th edition of Aero India.has Witnessed More than 250 Indian companies and more than 300 foreign firms From 30 countries
After Inaugural Year 1996 Narendra Modi Is The First PM Visiting This Aero India Show
Photo Caption
The Prime Minister, Shri Narendra Modi watching the Aero India-2015 Air Show, in Bangalore on February 18, 2015.