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Daily Archives: January 10, 2018

To attract buyers Government allows 49% foreign investment in Air India

The Air India ramp at Mumbai CSMI Airport. Photo by and copyright Devesh Agarwal.

In a bid to attract more bids, the Union Cabinet of the Government of India, has allowed up to 49% Foreign Direct Investment in the national carrier Air India which is up for disinvestment. In a release the Government said “It has now been decided to do away with this restriction and allow foreign airlines to invest up to 49% …

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Boeing reports record deliveries and backlog in 2017

The MAX 8 is sporting the 100 years of Boeing Decal.

American airframer Boeing has set a new record for number of aircraft delivered in a year by surpassing it’s 2015 record of 762 deliveries by one. The company also grew it’s order backlog to a record 5,864 aircraft. The order backlog which equates to around seven years of production was spurred by a 35% increase in 737 orders from 550 …

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Airbus rolls out first A321neo ACF (Airbus Cabin Flex). Seats up to 240

European airframer Airbus has rolled out the first A321neo ACF (Airbus Cabin Flex) aircraft which can seat up to 240 passengers. The airframe powered by CFM LEAP-1A engines will now begin testing, first on the ground and then in-flight. The first delivery of the A321neo ACF is scheduled for mid-2018. The ACF concept was introduced in July 2014. It uses …

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