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05 Nov 2017

Air India to raise loans worth $535 mn loan to buy three Boeing planes

The delivery of three B777-300 ER planes is scheduled to be completed in February next year, with two expected to be bought in January.

07 Aug 2017

Air India seeks $740 mn loan to finance purchase of 6 Boeing planes

At the current exchange rate, USD 740 million is around Rs 4,720 crore.

28 Jan 2015

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

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.

Air India Express

11 Jan 2015

AIE to lease three Boeing planes from GE Capital Aviation

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.

05 Dec 2014

SpiceJet cuts fleet size, to stay smaller

SpiceJet Ltd has cut the size of its fleet to 22-24 Boeing planes from 35 in September and will maintain that for "the near and medium term", its chief operating officer said, as the loss-making budget carrier looks to cut costs.

04 Sep 2014

China to need more than 6,000 new planes by 2033: Boeing

China will need more than 6,000 new aircraft over the next 20 years, US manufacturer Boeing forecast on Thursday -- an increase of almost 500 on its equivalent prediction last year.

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