Lockheed Martin has exclusively offered its F-21 military aircraft to India, with an eye to bag the Indian Air Force's $18 billion dollar deal to procure 114 jets.
Boeing is a strong contender for Indian Air Force's proposed deal to acquire 114 fighter multi-role fighter jets and Indian Navy's proposal to procure 57 carrier-borne aircraft
Boeing, which is producing the 787 Dreamliner at 14 aircraft per month, said in October it expects to lower the production in late 2020 to 12 per month, amid a drought of orders from China
The Chicago-based planemaker has been updating the 737 MAX flight control system and software to address issues believed to have played a role in two crashes in Indonesia and Ethiopia
The 737 Max is costing the plane-maker billions of dollars in losses. The software problem was discovered during the final validation review process of the updates being installed on the plane
The deal value has not been disclosed, but sources said could fetch the airline around $23 million
Boeing made just 380 plane deliveries for 2019, fewer than half the number the prior year.
The top-selling aircraft has been grounded since March following two deadly crashes
The emails underscore the task awaiting incoming CEO David Calhoun when he takes the company's reins on Monday, under intense pressure to restore public confidence
The loss of some awards and denial of severance sends a strong signal that the board lost confidence in the once-heralded CEO
Muilenburg was fired in late December after failing to get the company's 737 Max jetliner back in the air.
In 2019, regulators banned flying MAX planes after two fatal accidents involving the aircraft
The evidence indicates that the plane was shot down by an Iranian surface-to-air missile
Boeing Co on Thursday released hundreds of internal messages that raise serious questions about its development of simulators and the 737 MAX that was grounded in March after two fatal crashes
The Boeing NMA is a direct competitor to Airbus A321XLR, its longest-range narrow-body jetliner
The manufacturer on Tuesday said it had advised regulators that pilots need more than brief tablet-based instruction before flying the Max
The recent review of changes to the Max raised the question whether a wiring short circuit could also cause a runaway stabilizer.
A reversal in the pecking order between the two giants had been expected as a crisis over Boeing's grounded 737 MAX drags into 2020
On a calendar year basis, the domestic air traffic grew only 3.86 per cent in the January-November period of this year
Top Indian IT firms provide services like application development, testing, engineering, avionics, and business process management for the Boeing 737 Max programme