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Garuda's $10 Billion Comeback? Airline in Surprise Talks for Massive Boeing Deal
Garuda's $10 Billion Comeback? Airline in Surprise Talks for Massive Boeing Deal

Yahoo

time03-07-2025

  • Business
  • Yahoo

Garuda's $10 Billion Comeback? Airline in Surprise Talks for Massive Boeing Deal

Garuda Indonesia could be preparing for its biggest fleet shake-up in years. CEO Wamildan Tsani Panjaitan told reporters the airline is in talks with Boeing (NYSE:BA) to purchase between 50 and 75 aircraft, including the 737 Max 8 and 787-9 models. The discussions come as Garuda looks to scale up its international presence and move toward operating 120 aircraft within five yearsup from the current 98 between Garuda and its low-cost unit, Citilink. No timeline has been set, and Panjaitan didn't confirm whether the deal would be tied to broader trade negotiations. Warning! GuruFocus has detected 6 Warning Signs with BA. Garuda is also considering bringing back the 737 Max 8a model it quietly returned to lessors during its $10 billion debt restructuring. The airline had previously tried to cancel a $4.8 billion order for 49 of these planes following the 2018 Lion Air crash and a second fatal incident involving Ethiopian Airlines. Now, with a $405 million loan in hand from Indonesia's sovereign wealth fund Danantara, Garuda is re-evaluating the aircraft's place in its fleetpossibly signaling a shift in sentiment toward Boeing's embattled jet. It's still unclear whether this new round of discussions with Boeing reflects a fresh order or a repackaging of the original 49-plane deal. But either scenario could set the stage for Garuda's comeback story. Investors watching the region's aviation recovery may want to pay attentionthis could be more than just a fleet upgrade. It might be the first real sign of Indonesia repositioning itself on the global aviation map, with Garuda as the front-runner. This article first appeared on GuruFocus. Sign in to access your portfolio

Air India to cut narrowbody flights on 19 routes temporarily
Air India to cut narrowbody flights on 19 routes temporarily

Hindustan Times

time22-06-2025

  • Business
  • Hindustan Times

Air India to cut narrowbody flights on 19 routes temporarily

Air India on Sunday announced that it will temporarily reduce 118 weekly flights operated with narrow-body aircraft across 19 routes and suspend operations on three routes. Air India to temporarily cut 118 weekly narrow-body flights, suspend 3 routes.(X-@Aviationa2z/ File ) The decision follows closely on the heels of a previous announcement by the Tata Group-owned airline to cut international flights operated with wide-body aircraft by 15 per cent on a temporary basis. In a formal statement, the airline said it was implementing 'temporary cuts of less than 5 per cent to its overall narrow-body network.' 'This voluntary decision leads to the temporary suspension of Air India's services on 3 routes and reduction of frequency on 19 routes. The changes are effective until at least 15 July 2025,' it said. Seven weekly flights on the Bengaluru-Singapore, Pune-Singapore, and Mumbai-Bagdogra (AI551/552) routes will be suspended until at least mid-July. Additionally, flight frequencies on several key domestic routes—including Delhi-Bengaluru and Delhi-Mumbai—will be reduced as part of the operational adjustments. Air India clarified that the temporary reductions are intended to reinforce 'network-wide operational stability' and help 'minimise last-minute inconvenience to passengers.' Air India slashes widebody operations by 15% Air India announced on Wednesday that it will reduce international operations on its wide-body aircraft by 15 per cent over the coming weeks, citing ongoing safety inspections and operational disruptions in the wake of last week's fatal crash involving one of its Boeing 787 Dreamliners. Authorities are continuing to investigate the crash of flight AI171, which resulted in the deaths of 241 people, making it the world's deadliest aviation disaster in a decade. In a statement, the Tata Group-owned airline said safety inspections had been completed on 26 of its 33 Boeing 787-8 and 787-9 aircraft, all of which have now been cleared for service. The reduction in flights, which will remain in effect until at least mid-July, is being undertaken 'to ensure stability of operations, better efficiency and minimise inconvenience to passengers,' the airline said. Air India added that the remaining Dreamliners will undergo inspections in the coming days, and additional checks are also being planned for its Boeing 777 fleet. Flight AI171 was en route to London's Gatwick Airport when it crashed shortly after takeoff from Ahmedabad, killing all but one person on board and about 30 people on the ground.

Air India to cut international flights on widebody aircraft by 15%
Air India to cut international flights on widebody aircraft by 15%

GMA Network

time18-06-2025

  • Business
  • GMA Network

Air India to cut international flights on widebody aircraft by 15%

The airline said in a statement that inspections had been completed on 26 of its 33 Boeing 787-8 and 787-9 aircraft, and those 26 have been cleared for service. Air India said on Wednesday it will cut international operations on its widebody aircraft by 15% for the next few weeks, citing ongoing safety inspections and operational disruptions following last week's deadly crash of one of its Boeing 787 Dreamliners. Authorities continue to investigate the crash of flight AI171, which killed 241 people and marked the world's deadliest aviation disaster in a decade. The airline said in a statement that inspections had been completed on 26 of its 33 Boeing 787-8 and 787-9 aircraft, and those 26 have been cleared for service. The cuts, effective until at least mid-July, were being implemented "to ensure stability of operations, better efficiency and minimise inconvenience to passengers," the Tata Group-owned airline said. The remaining planes will be checked in the coming days and additional checks are also planned for its Boeing 777 fleet, Air India added. Flight AI171, bound for London's Gatwick Airport, crashed shortly after takeoff from Ahmedabad, killing all but one on board and about 30 people on the ground. Earlier on Wednesday, Air India Chairman N. Chandrasekaran said the flight that crashed had a clean engine history. In an interview with Indian broadcaster Times Now, Chandrasekaran said Air India flight 171's right engine was new and installed in March 2025, and that the left engine was last serviced in 2023. The Dreamliner was fitted with GE Aerospace's GE.N GEnx engines. Air India also cited geopolitical tensions in the Middle East and "night curfews in many European and East Asian airspaces" as contributing factors behind flight cancellations, which have totaled 83 over the past six days. — Reuters

International pilots' body offers support in Air India crash probe
International pilots' body offers support in Air India crash probe

Business Standard

time18-06-2025

  • Politics
  • Business Standard

International pilots' body offers support in Air India crash probe

International pilots' body IFALPA on Wednesday offered its "technical expertise" to the Indian civil aviation authorities in the Ahmedabad plane crash probe being conducted by the Aircraft Accident Investigation Bureau (AAIB). In a letter to AAIB Director General G V G Yugandhar, the International Federation of Air Line Pilots Associations (IFALPA) said the Federation stands ready to provide expert technical and other forms of assistance, share global best practices and offer personnel to collaborate closely with the investigators. On June 13, a day after the B787-8 crash that killed 241 people on board, the Directorate General of Civil Aviation ordered enhanced surveillance of Air India's Boeing 787 fleet, comprising 26 787-8 and seven 787-9 planes. Expressing its most sincere condolences and sympathies to all those affected by this tragedy, the Federation said it is "deeply saddened" to hear the tragic news of the loss of life resulting from the accident of Air India Flight 171 in Ahmedabad. A high-level panel has been set up under the Home Secretary to investigate the causes of the plane crash. The Committee has to submit its report in three months. In light of this tragic event, IFALPA wishes to "formally offer its full support and assistance" to the Directorate General of Civil Aviation (DGCA), the Indian Aircraft Accident Investigation Bureau (AAIB) and Air India, and stands ready to provide its technical expertise in the AAIB investigation, the Federation said in the letter dated June 17, signed by IFALPA President Ron Hay, IFALPA Executive Vice-President for Asia Pacific Jaflar Hassan and also by ALPA-India President Sam Thomas. "This reflects our collective commitment to assist and collaborate closely with the Indian Aviation Authorities during this critical time," the letter said. IFALPA claims to have 1 lakh pilots from across 100 countries as its members. The Federation said it is "involved in many aviation safety activities worldwide and believes that the participation of active commercial pilots, current on the relevant aircraft type, is an invaluable asset to any accident and incident investigation." It has therefore developed a program involving the accreditation of pilot investigators. These pilots are selected based on their training, qualifications and experience, and all have to successfully complete an approved international accident investigation course before being granted accreditation by IFALPA, the body said. They have a thorough understanding of pilot culture, human factors, aircraft operations and technical knowledge and can provide crucial professional input in the drafting of the accident report and relevant safety recommendations, the Federation said in the letter. The Federation said its Member Associations in the Indian Subcontinent have several such accredited accident investigators who could be appointed as technical experts on the investigation of Air India Right 171, in accordance with the provisions of ICAO Annex 13. Urging the AAIB to advise it on how the Federation may best assist the AAIB during this difficult and critical time, it said, "we understand the complexity and sensitivity of this investigation, whose main purpose will be the recovery and analysis of available flight data, the determination of the contributing factors and most importantly the prevention of future accidents.

International pilots' body offers 'technical expertise' to authorities in AI plane crash probe
International pilots' body offers 'technical expertise' to authorities in AI plane crash probe

Time of India

time18-06-2025

  • Politics
  • Time of India

International pilots' body offers 'technical expertise' to authorities in AI plane crash probe

International pilots' body IFALPA on Wednesday offered its "technical expertise" to the Indian civil aviation authorities in the Ahmedabad plane crash probe being conducted by the Aircraft Accident Investigation Bureau (AAIB). In a letter to AAIB Director General G V G Yugandhar, the International Federation of Air Line Pilots Associations (IFALPA) said the Federation stands ready to provide expert technical and other forms of assistance, share global best practices and offer personnel to collaborate closely with the investigators. On June 13, a day after the B787-8 crash that killed 241 people on board, the Directorate General of Civil Aviation ordered enhanced surveillance of Air India's Boeing 787 fleet, comprising 26 787-8 and seven 787-9 planes. Expressing its most sincere condolences and sympathies to all those affected by this tragedy, the Federation said it is "deeply saddened" to hear the tragic news of the loss of life resulting from the accident of Air India Flight 171 in Ahmedabad. A high-level panel has been set up under the Home Secretary to investigate the causes of the plane crash. The Committee has to submit its report in three months. Live Events In light of this tragic event, IFALPA wishes to "formally offer its full support and assistance" to the Directorate General of Civil Aviation (DGCA), the Indian Aircraft Accident Investigation Bureau (AAIB) and Air India, and stands ready to provide its technical expertise in the AAIB investigation, the Federation said in the letter dated June 17, signed by IFALPA President Ron Hay, IFALPA Executive Vice-President for Asia Pacific Jaflar Hassan and also by ALPA-India President Sam Thomas. "This reflects our collective commitment to assist and collaborate closely with the Indian Aviation Authorities during this critical time," the letter said. IFALPA claims to have 1 lakh pilots from across 100 countries as its members. The Federation said it is "involved in many aviation safety activities worldwide and believes that the participation of active commercial pilots, current on the relevant aircraft type, is an invaluable asset to any accident and incident investigation." It has therefore developed a program involving the accreditation of pilot investigators. These pilots are selected based on their training, qualifications and experience, and all have to successfully complete an approved international accident investigation course before being granted accreditation by IFALPA, the body said. They have a thorough understanding of pilot culture, human factors, aircraft operations and technical knowledge and can provide crucial professional input in the drafting of the accident report and relevant safety recommendations, the Federation said in the letter. The Federation said its Member Associations in the Indian Subcontinent have several such accredited accident investigators who could be appointed as technical experts on the investigation of Air India Right 171, in accordance with the provisions of ICAO Annex 13. Urging the AAIB to advise it on how the Federation may best assist the AAIB during this difficult and critical time, it said, "we understand the complexity and sensitivity of this investigation, whose main purpose will be the recovery and analysis of available flight data, the determination of the contributing factors and most importantly the prevention of future accidents."

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