Muilenburg will be replaced by David Calhoun, who had served as chairman since October, as CEO and president on 13 January, with CFO Greg Smith leading the company during transition period

Share price of Jet Airways rose up to 4.9% to Rs 25.70 compared to the previous close of Rs 24.50  on BSE

Boeing, which builds the 737 south of Seattle, said it would not lay off any of the roughly 12,000 employees during the production freeze

Vistara waited for 20 aircraft in its fleet - a rule mandated by authorities to fly international - before it could launch its first international flight to Singapore in August this year

SpiceJet has four freighter planes that operate on domestic as well as international routes

The 737 MAX, the fastest-selling plane in the history of Boeing, has been grounded worldwide since March, after 346 people were killed in two crashes in five months

SpiceJet share price lost 2.12% to Rs 103.60 compared to the previous close of Rs 105.85 on BSE

SpiceJet reported loss of Rs 462.6 crore in the latest quarter mainly due to expenses related to grounding of Boeing 737 MAX planes, changes in accounting norms and a seasonally weak quarter

SpiceJet Q2 results: Revenue from operations surged 51.76 per cent to Rs 2,845.3 crore in Q2FY20 from Rs 1,874.8 crore in Q2FY19, as it added more destinations and expanded its fleet of passenger and freighter aircraft

While the government is planning to invite bids for Air India next month, its employee unions on Wednesday decided to oppose it, saying there is no clarity regarding salary arrears and pensions

Nandan Nilekani on 'unethical practices' charges: 'Even God can't change Infosys numbers'Infosys Non-executive Chairman Nandan Nilekani has said that Infosys has \"very strong\" processes and that even \"God can't change the numbers of the company\". The statement came after the Infosys Non-executive Chairman, in a statement to the stock exchanges on Wednesday, said that the reports of allegations against the company co-founders were 'mischievous insinuations'. Addressing analysts...

On March 13 this year, all Boeing 737 Max planes were grounded in India by the aviation regulator DGCA after the crash of an Ethiopian Airlines' 737 Max plane on March 10 near Addis Ababa, in which 157 people were killed, including four Indians

India's passenger traffic had risen at around 20% in recent years, making it one of the world's fastest-growing aviation markets

In a transcript of instant messages between two employees, the 737 MAX's then-chief technical pilot, Mark Forkner, said the so-called MCAS anti-stall system in the airplane was \"running rampant\" in a flight simulator session. The system has been tied to the crashes in Indonesia and Ethiopia that together killed 346 people

CFM International is a joint venture between GE Aviation, a subsidiary of US-based GE Electric, and Safran Aircraft Engine, a part of France's Safran group that also deals in rocket engines, aerospace components and fighter jet engines