The country is home to 21 unicorns at present, collectively valued at USD 73.2 billion, as per the Hurun Global Unicorn List 2020

Boeing's Chief Financial Officer also told a conference that there is no 'normal profile' currently for jet pre-delivery payments or PDPs, which are tied to production rates

Unwanted jets have become an emblem of pandemic-induced problems in the aerospace industry that have come on top of a chill in ties between two of its major players

Brazil's top regulator said Gol Linhas Aereas Inteligentes SA, the only airline to operate the model in Brazil, is implementing the required measures to resume flights

The list, if published, could further escalate trade tensions with Beijing and hurt U.S. companies that sell civil aviation parts and components to China, among other industries

The head of the European Union Aviation Safety Agency (EASA) said in remarks aired on Saturday that the 737 MAX was safe to fly after changes to the design of the jet that crashed twice in five months in 2018 and 2019, killing 346 people

SpiceJet is trading higher than 5, 20, 50, 100 and 200-day moving averages. Market capitalization of the airline stands at Rs 4,463.04 crore

After nearly two years and a pair of deadly crashes, US Federal Aviation Administration is clearing Boeing's 737 Max for flight; Two-wheeler market leader Hero MotoCorp on Wednesday said it sold more than 14 lakh units of motorcycles and scooters in retail sales during the festive season; Apple has announced a reduction in its App Store commission rate. As part of a new program for small business, developers earning less than $1 million in sales per year will be qualified for a reduced App Store commission of 15 per cent. Watch this and more on News Blast.Also Read: MSMEs body demands protection against cheap Chinese imports for 660 products

Noida authorities conduct random coronavirus tests on commuters from Delhi Amid an increase in the number of coronavirus cases in Delhi, the administration of Gautam Buddh Nagar, adjoining the National Capital, in Uttar Pradesh, started random Covid-19 testing of Delhi to Noida commuters on Wednesday. Gautam Buddh Nagar health officials were deployed at two key Noida-Delhi borders on Wednesday, where they started random Covid-19 testing of people coming from Delhi. This decision came during...

The 737 MAX crashes in Indonesia and Ethiopia killed 346 people within five months in 2018 and 2019 and triggered a hailstorm of investigations, frayed U.S. leadership in global aviation and cost Boeing some $20 billion

SpaceX on Monday launched the first operational commercial crew mission with four astronauts on board to the International Space Station (ISS) from NASA's Kennedy Space Center in Florida. The Crew Dragon spacecraft carried 4 astronauts to the orbit and docked at the International Space Station on late Tuesday night. The astronauts include Michael S Hopkins, Shannon Walker and Victor J Glover of NASA, and Soichi Noguchi from Japan, who will be stationed at the ISS till the spring, next year. Watch the video for more.Also Read: Boeing 737 Max receives clearance from US regulators; to fly again after 20-month grounding

The nation's air safety agency announced the move early Wednesday, saying it was done after a comprehensive and methodical 20-month review process

Agency Administrator Steve Dickson said last week the FAA was in the final stages of reviewing changes to the Max that would make it safe to return to the skies

Analysts believe that airlines are currently operating at 50-55 per cent capacity on the domestic segment, and they are hoping that by the end of 2020, the domestic capacity should reach 75-80 per cent

SpiceJet Q2 results: Total expenses of the company declined by 60 per cent to Rs 1,418 crore as against Rs 3,536 crore in the corresponding period last year

Cadbury's latest ad puts spotlight on local stores, wins hearts!; The world's largest fund - $100 billion SoftBank Vision Fund (SVF) - is looking at second generation entrepreneurs in India such as Myntra's Mukesh Bansal and Flipkart's Sachin Bansal for its new round of investing in the country; Amazon Prime Video announces India debut in sports live streaming; to take on Sony, Star. watch this and more news on News Blast.Also Read: Netflix, Hotstar, Prime Video, other digital platforms now under I&B ministry

Netflix to make television debut with subscription-based channel 'Direct' Netflix is ready to make its debut on television in France with a subscription based channel called 'Direct'. The decision to choose France is a result of the country's consumption of traditional TV. This new linear feature may also appeal to older demographics that make up a significant portion of households in France. According to reports from Variety, the channel will air French, international and US feature films ...

Netflix to make television debut with subscription-based channel 'Direct' Netflix is ready to make its debut on television in France with a subscription based channel called 'Direct'. The decision to choose France is a result of the country's consumption of traditional TV. This new linear feature may also appeal to older demographics that make up a significant portion of households in France. According to reports from Variety, the channel will air French, international and US feature films ...

The ungrounding would be a vital step in a still-arduous path to recovery for Boeing, plunged into its worst-ever crisis by the crashes and the worldwide grounding of its best-selling plane in March 2019

The central government in February 2019 privatised six major airports of the country -- Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati