Boeing has indicated that it needs more aircraft orders from India before considering setting up a commercial jet assembly line in the country, tempering government expectations.
Boeing India and South Asia President Salil Gupte stated that the Indian market alone is not large enough to justify a final assembly facility. Speaking at the Aero India show in Bengaluru, he emphasized that a viable business case requires a much larger regional demand.
While Boeing has committed to India’s aerospace sector, it currently focuses on defense aircraft assembly, such as F/A-18 jets. The company sources $1.25 billion in products and services annually from India and employs about 7,000 people.
Despite Indian airlines having nearly 1,800 aircraft on order, Gupte noted that final assembly represents less than 10% of an aircraft’s value, highlighting the importance of a robust aerospace supply chain. Boeing is in discussions with the Indian government on incentives to lower costs and expand manufacturing capabilities.
On Monday (24 November), the U.S. formally designated Venezuela’s “Cartel de los Soles” as a foreign terrorist organisation and imposed addition...
Napoli secured a 2-0 victory over Qarabağ in their UEFA Champions League group stage clash at the Stadio Diego Armando Maradona in Italy....
French President Emmanuel Macron said on Tuesday (25 November) that France, together with other European Union member states, will finalise a mechanis...
French police arrested four further suspects on Tuesday as part of the investigation into the audacious Louvre jewel heist last month, Paris prosecuto...
A major fire continues to rage at a warehouse in Southall, west London, sending thick plumes of black smoke into the sky hours after it first broke ou...
Emirates Airline is confident in Boeing’s plans for a larger 777X and has ruled out ordering Airbus’s A350-1000 at the Dubai Airshow.
U.S.-based aviation company Boeing is preparing to produce a new narrow-body, single-aisle aircraft to replace its 737 Max model, sources report.
The U.S. envoy to Türkiye has confirmed that a Turkish Airlines’ Boeing aircraft deal has been finalised, marking a significant step in expanding the carrier’s fleet.
Beijing is in talks with Boeing over a potential order of up to 500 aircrafts, a deal that could reshape the U.S. manufacturer’s fortunes in China after years of stalled sales.
The Hayli Gubbi volcano in north-eastern Ethiopia erupted on Sunday for the first time in over 12,000 years, before halting on Monday, according to the Toulouse Volcanic Ash Advisory Center.
Cameras from the United States Geological Survey (USGS) on Saturday (22 November) captured Hawaii's Kilauea volcano spewing flowing lava from its crater in its latest eruption.
On Monday (24 November), the U.S. formally designated Venezuela’s “Cartel de los Soles” as a foreign terrorist organisation and imposed additional terrorism-related sanctions on its members, including President Nicolás Maduro and other senior officials.
Italy captured a remarkable third consecutive Davis Cup title on Sunday, with Matteo Berrettini and Flavio Cobolli securing singles victories in a 2-0 triumph over Spain in Bologna.
U.S. President Donald Trump has told his advisers that he plans to speak directly with Venezuelan President Nicolas Maduro according to Axios, as Washington designated him as the head of a terrorist organisation on Monday. A claim Maduro denies.
European Union ministers will urge senior U.S. trade officials to implement more elements of the July EU–U.S. trade deal on Monday, including cutting tariffs on EU steel and lifting duties on goods such as wine and spirits.
Google has announced a major update for its Pixel 10 series: owners can now send and receive files with Apple devices using AirDrop, without any collaboration from Apple. The new functionality applies to iPhones, iPads, and macOS devices, though for now it is limited to the Pixel 10 line.
European shares climbed on Thursday, as a relief rally swept through global markets after artificial intelligence (AI) bellwether Nvidia reported strong earnings, while investors awaited the release of delayed U.S. jobs data.
Mainland China and Hong Kong equities slipped on Tuesday, Reuters reported, as investors grew cautious ahead of delayed U.S. economic data expected to clarify the Federal Reserve’s policy outlook.
A federal jury in California ruled on Friday that Apple must pay $634 million to Masimo, a medical-monitoring technology company, for infringing a patent related to blood-oxygen reading technology.
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