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.
Libya signed a series of multilateral agreements with international and regional partners, including Türkiye, aimed at boosting energy production, ac...
The Georgian government plans to draw up a long-term strategic development plan extending through 2036, Georgian Prime Minister Irakli Kobakhidze said...
Russia’s Defence Ministry said its forces had taken control of the village of Starytsya in Ukraine’s Kharkiv region, near the border town of Vovch...
U.S. immigration agents shot and killed a U.S. citizen in Minneapolis on Saturday, officials said, sparking fierce protests and condemnations from loc...
Iran will treat any military attack as an “all-out war,” a senior Iranian official said on Friday, as the United States moves additional naval and...
Boeing booked more aircraft orders than Airbus in 2025 for the first time since 2018, official figures showed, even as the European manufacturer delivered more planes during the year.
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.
Iran will treat any military attack as an “all-out war,” a senior Iranian official said on Friday, as the United States moves additional naval and air assets into the Middle East during rising tensions that are already disrupting civilian air travel.
Firefighters were clearing the charred ruins of a Karachi shopping mall in Pakistan on Tuesday (20 January) as they searched for people still missing after a fire that burned for nearly two days and killed at least 67 people, police said.
Türkiye’s Foreign Minister Hakan Fidan said on 23 January there are signs Israel is still seeking an opportunity to attack Iran, warning that such a move could further destabilise the Middle East.
Belgium has banned aircraft transporting weapons and military equipment to Israel from using its airspace or making technical stops, the Foreign Ministry confirmed to Anadolu on Friday.
U.S. President Donald Trump said on Friday that Canada is opposing the possible construction of his proposed ‘Golden Dome’ missile defence system over Greenland, despite what he claimed would be security benefits for Canada.
Argentina's economic activity shrunk 0.3% in November compared with the same month last year, marking the first monthly contraction of 2025, data from Argentina's national statistics agency showed on Wednesday.
Wall Street closed sharply lower on Tuesday as global markets fell after U.S. President Donald Trump’s new tariff threats against Europe unsettled investors and revived fears of renewed volatility.
Global markets are rattled after U.S. President Donald Trump threatened new tariffs on eight European countries over Greenland, sending the euro to a seven-week low and raising concerns about renewed transatlantic trade tensions.
Hong Kong and Shanghai will sign a memorandum of understanding next week to establish a cross-border gold trade clearing system, a move aimed at boosting Hong Kong’s role as an international gold trading hub, Financial Secretary Paul Chan said.
Elon Musk is seeking up to $134 billion from OpenAI and Microsoft, arguing that the companies profited unfairly from his early support of the artificial intelligence firm, according to a court filing made public on Friday.
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