Airbus looks to land IndiGo A330neo order
IndiGo, India’s biggest airline, plans to order as many as 50 Airbus A330 wide-body jets as it seeks to expand beyond short-haul flights, people with knowledge of the matter said. The carrier aims to take…
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In other Indian aviation news…
HYDERABAD (Reuters) - Indian airlines Jet Airways, SpiceJet Ltd and AirAsia India are planning to add new jets to their fleets as they look to expand in the world's fastest-growing aviation market, the carriers said…
The fate of the Boeing 767
Last fall, Boeing (NYSE: BA) seemed to be seriously considering restarting production of the 767-300ER medium-range widebody. While the 767's technology is nearly half a century old, it's a proven model with low production costs and no direct…
Airbus fights to defend A330neo market
PARIS (Reuters) - Imminent airline decisions on $10 billion of wide-body plane orders could influence the fate of Airbus' (AIR.PA) A330neo even before the recently upgraded jet completes flight trials, industry sources said. American Airlines…
Indigenous-painted Qantas 787 arrives in Alice Springs
Clear skies and Australia’s rugged outback have greeted the arrival of Qantas’s fourth Boeing 787-9, which features a special indigenous livery inspired by the work of artist Emily Kame Kngwarreye. The aircraft, VH-ZND, departed Boeing’s…
Tesla’s $2.6 billion payday for Elon Musk faces opposition
Tesla Inc.’s proposal to give Chief Executive Elon Musk an estimated $2.6 billion payday stretched out over a decade would be too costly and too dilutive to shareholders, said one of the two largest independent…
SpiceJet looks to add commuter routes in India
Indian carrier SpiceJet is looking to add commuter routes to the more remote parts of the country. The ability to provide these essential air services are hampered by the lack of infrastructure and existing airfields available. The airline…
American Airlines angry over O’Hare Airport expansion plan
American Airlines dropped a bombshell this morning that could imperil the Chicago Mayoral $8.5 billion plan to expand and modernize Chicago's O'Hare International Airport. It's a plan the mayor and the Chicago Department of Aviation…
First Airbus A350-900ULR aircraft rolls off assembly line
The first of manufacturer Airbus’s A350-900 Ultra Long Range (ULR) aircraft rolled off the final assembly line at the company’s facility in Toulouse today, ahead of its delivery to launch customer Singapore Airlines later in…
Warren Buffett Speaks, Airline Stocks Soar
Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) released its annual report on Saturday, including Warren Buffet's highly anticipated shareholder letter. In this year's letter, Buffett noted that Berkshire Hathaway ended 2017 with a whopping $116 billion of cash and…