Low cost carriers, IndiGo and SpiceJet have got the nod from Aircraft Acquisition Committee (AAC) of the Civil Aviation Ministry to import more aircraft.
There are, so the industry saying goes, only three secrets in the commercial airplane business: the selling price, the production cost and the shape of the wing.
Jet Airways has converted its options to buy Boeing 737 mid-range from the US aircraft manufacturer into a purchase agreement. "Jet Airways of India has placed order for 17 Boeing 737 aircraft," a spokesman of Boeing told PTI here.
Boeing Co is aiming to make a decision on whether to re-engine or redesign its 737 narrow body by the end of the year, but it is not making any promises, the chief executive of Boeing's commercial airplanes division said on Sunday.
On Monday, Private carrier Jet Airways said it has cancelled two of its Boeing 737 afternoon flights from and to Mumbai and Delhi on the account of closure of the runway at Sardar Vallabhbhai Patel international airport in Ahemadabad till June 15.