The talks are part of a series of negotiations between Boeing and several airlines over jet orders or compensation after the 737 MAX was banned worldwide following two fatal crashes

The DGCA had banned Boeing's Max 737 planes in March this year; the ban hit SpiceJet hard as its fleet of 13 Max 737 planes was operating till the DGCA's new order came in

Jet Airways Crisis: Etihad Airways and Hinduja Group which opted out of the fray to kick-start the airline earlier are likely to submit a joint Expression of Interest (EoI) to resurrect Jet.

Jet Airways might be heading for bankruptcy as it seems to have lost the chance to secure a buyer

India to skip China's BRF meet for second time in a rowChina will hold its 2nd Belt and Road Forum (BRF) from Thursday to showcase its trillion-dollar Belt and Road Initiative (BRI) without India's presence for the second consecutive time, while 37 heads of the state and government, including from Pakistan, would attend the three-day grand event. The BRI was launched by Chinese President Xi Jinping when he came to power in 2013. It aims to link Southeast Asia, Central Asia, the Gulf region, A...

Rising price warfare in India has hurt Jet which competes with no-frills, low-cost carriers like InterGlobe Aviation Ltd's IndiGo and SpiceJet Ltd.

The carrier has narrowed its losses and seen average fares rise this year as customers take to its product offering, including a domestic premium economy class.

The stock rose up to 12.59% or 27 points to intra day high of 240.90 on the BSE. The stock opened with a gain of 2.31% to 218.90 level compared to yesterday's close of 213.95. It has gained after two days of consecutive fall.

The announcement of the huge order should also give US President Donald Trump reason for cheer as it comes at a time when has been attacking India for not allowing sufficient US goods into the country.

This is the third agreement Jet Airways has entered into for Boeing's 737 MAX narrowbody jets over the last one year, taking the total to 225 aircraft. The Indian airline signed firm orders for 75 planes each in October and April.

Things are looking up for the aviation sector in the country and the airlines are gearing up to service the ever-increasing demand. Full-service carrier Jet Airways has entered into an agreement with Chicago-based aircraft manufacturer Boeing to purchase 75 B-737 Max aircraft.

Boeing even said in July last year that it expected Indian carriers to order up to 2,100 new airplanes worth USD 290 billion over the next 20 years.

With a flying range of up to 5,555 kilometres, it is designed to compete head-to-head with its Airbus and Boeing rivals, and said to easily cover popular business and leisure routes from China.

IndiGo would operate 25 per cent more flights i.e from 2,987 to 3,733 flights than last year whereas GoAir would fly 957 flights this season as against 850 in 2013.

While clearly happy with SpiceJet's deal for the 189-seater airplanes, the senior vice-president sales (Asia Pacific & India) for Boeing dismisses as false any view that Boeing is facing increasing competition from its rival Airbus in India.

Sale and leasing of airplanes are in the spotlight. A guide to the complexities involved.

Sales and leasing of airplanes are in the spotlight. A guide to the complexities involved.

It is difficult to imagine India as an aviation factory destination. But if its civil and defence aircraft needs continue to grow, that could soon be reality.

M. Thiagarajan is a contrarian who is expanding his fleet and adding destinations as bigger rivals do the reverse. Has Paramount Airways’ growth reached its limit?