Air India is poised to get its first installment of Boeing 787 Dreamliner aircraft by the end of this month even as the crisis in the national carrier, caused by the pilots, continues.
The crisis in Air India has entered its tenth day, with situation further worsening as government, management and the pilots union spearheading the movement blaming each other for the crisis.
The latest crisis in Air India, India's state-owned airliner, began a week ago when striking pilots suddenly reported sick in huge numbers. The crisis has entered its eighth day Tuesday with the carrier cancelling 24 more flights even as no indication of a solution is seen on the horizon.
The Boeing Company (NYSE: BA), the largest U.S. airplane and defense manufacturer, is expected to report higher first quarter earnings as the sale of more high-profit aircraft types offsets rising pension costs.
General Electric Co. (NYSE:GE) reported first-quarter net income rose 3 percent as orders for its industrial products surged. Still, overall revenue dipped 8 percent.
General Electric Co. is expected to report slightly weaker first-quarter earnings because of a backlog of low-margin thermal and industrial equipment plus slow health care revenue growth.
Take a look inside the new Boeing 787 Dreamliner.
Boeing Co. and Airbus SAS both claimed victory Monday in a World Trade Organization ruling that the U.S. aircraft maker had received unfair government subsidies.
The World Trade Organization has broadly upheld a ruling that Boeing Co (BA.N) took billions of dollars of unfair subsidies, breathing new life into an epic trade spat that has already faulted European aid to Airbus, people familiar with the matter said.
About 55 Boeing Co 787 Dreamliner jets may have a recently discovered flaw in the fuselage, the company said on Wednesday, while reiterating that the world's first carbon-plastic passenger plane is safe to fly.
About 55 Boeing Co. 787 Dreamliner jets may have a recently discovered flaw in the fuselage, the company said on Wednesday, while reiterating that the world's first carbon-plastic passenger plane is safe to fly.
Standing by a Boeing 787 Dreamliner in Everett, Wash., on Friday, President Barack Obama called on Congress to reshape the corporate tax code to benefit companies that keep jobs in the United States, giving a boost to the domestic manufacturing sector and exports.
A federal judge on Friday rejected a request by a trade group representing major U.S. airlines to block a $3.4 billion loan-guarantee package to help Air India buy dozens of planes from the Boeing Co.
The world's dominant planemakers scored new orders as Airbus put the finishing touches to a record 2011, cruising peacefully for now above debt turmoil and new airline cutbacks in Europe.
European airlines group, Air France-KLM, announced, on Tuesday, a deal to purchase 25 wide-bodied Boeing 787 Dreamliners.
Airbus SAS has set a record order of intakes of aircrafts after the introduction of the A320neo, beating rivals Boeing in the process.
Qatar Airways finally returned to the table to sign a $6.5-billion deal with Airbus.
Boeing (NYSE: BA) anticipates that the Middle Eastern airlines will need an estimated 2,520 airplanes worth $450 billion by 2030.
Oman Air, the Sultanate of Oman's flagship carrier, and Boeing (NYSE: BA) announced an order for six Boeing 787-8s at the Dubai Air Show.
Airline ticket prices may rise by $33 round trip across the Atlantic if a new European Union carbon law sticks.
After a three year delay, the Boeing 787 Dreamliner makes its first commercial voyage from Narita airport in Tokyo to Hong Kong.
Air India's board has recommended that the state-run airline buy just 12 Boeing 787 Dreamliners, down from 27 the company ordered in 2005, according to a report.
