Latest news with #Boeing
Time of India
8 minutes ago
- Business
- Time of India
Air India partially restores international flights after 'safety pause'
Air India has announced a phased resumption of its international operations following a "Safety Pause" implemented after the tragic crash of flight AI171 on June 12. The airline had suspended or reduced multiple routes to conduct precautionary inspections on its Boeing 787 aircraft and to adapt to longer flight paths necessitated by regional airspace closures. The airline on Tuesday said that partial services would be restored starting August 1, with full normal operations expected to resume by October 1. A total of 5 routes will see reinstated services or increased frequencies. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cardiologist Reveals: The Simple Morning Habit for a Flatter Belly After 50! Lulutox Undo Key changes include Delhi-London (Heathrow) - Full 24 weekly flights restored starting July 16, Delhi-Zurich - Increased from 4 to 5 flights per week from August 1, Delhi-Tokyo (Haneda) and Delhi-Seoul (Incheon) - Full weekly frequencies to be reinstated by August and September, respectively and Delhi-Amsterdam - To return to 7 flights per week from August 1. A new route between Ahmedabad and London (Heathrow) will operate three times weekly, replacing the current five-times-weekly Gatwick service. Additionally, Delhi-Nairobi services will operate three times a week until August 31, to be suspended from 1-30 September. Live Events Despite the partial restoration, over 15 routes will continue to operate at reduced frequencies until at least the end of September. These include: The flights between Bengaluru-London (Heathrow) remains reduced from 7x weekly to 6x weekly; will further reduce to 4x weekly, effective August 1. The Delhi-Paris flight will cut to 7x weekly from 12x, starting August 1. The Delhi-Milan flight will be reduced from 4x weekly to 3x weekly, effective 16 July while the Delhi-Copenhagen remains reduced from 5x weekly to 3x weekly. The Delhi-Vienna flight remains reduced from 4x weekly to 3x weekly and Amritsar-Birmingham remains reduced from 3x weekly to 2x weekly until 31 August; to operate 3x weekly, effective September 1. The flight between Delhi-Birmingham remains reduced from 3x weekly to 2x weekly. North American destinations such as Washington, Chicago, San Francisco, Toronto, Vancouver, New York (JFK and Newark) remain reduced, with frequencies ranging from 3 to 7 flights per week. The flights between Delhi-Melbourne and Delhi-Sydney continue at 5x weekly. The four international routes remain suspended until September 30, which includes flights between Amritsar-London (Gatwick), Goa (Mopa)-London (Gatwick), Bengaluru-Singapore and Pune-Singapore. Air India stated that it is proactively contacting affected passengers to offer rebooking options or full refunds. 'As the schedule reductions taken as part of the Safety Pause had been implemented until 31 July 2025 and the restoration to full operation is being phased, some services initially planned to operate between 1 August and 30 September 2025 will be removed from the schedule. Air India is proactively contacting affected passengers to offer re-booking on alternative flights or a full refund, as per their preference. Air India apologizes for the inconvenience', the airline said in a statement. Despite the temporary cuts, Air India will operate more than 525 international flights per week across 63 destinations during the phased restoration period.
Nikkei Asia
10 minutes ago
- Business
- Nikkei Asia
Trump says Indonesia 'reciprocal' tariff to be cut to 19% in trade deal
U.S. President Donald Trump says his nation will have "complete and total access" to Indonesian markets. © Reuters KEN MORIYASU WASHINGTON -- U.S. President Donald Trump said on Tuesday that he had agreed to a trade deal with his Indonesian counterpart, Prabowo Subianto, that would see the "reciprocal" tariff rate on Southeast Asia's largest economy drop from the previously threatened 32% to 19%. In return, Indonesia committed to buying $15 billion worth of U.S. energy, $4.5 billion of American agricultural products and 50 Boeing jets, "many of them 777's," Trump announced on social media. He also claimed that American exports to Indonesia will be free of both tariffs and nontariff barriers.
Borneo Post
29 minutes ago
- Business
- Borneo Post
India, Singapore order airlines to check fuel switches on Boeing jets following deadly Air India crash
India's DGCA has ordered for an investigation of the locking feature on the fuel control switches of several Boeing models, including 787s and 737s. — AFP photo NEW DELHI (July 16): India and Singapore ordered their airlines to examine fuel switches on several Boeing models with South Korea set to do the same after the devices came under scrutiny following last month's crash of an Air India jet killed 260 people. Singapore said it detected no problems with switches on its airlines' Boeing aircraft in the wake of a preliminary Indian-issued report found the devices flipped from run position to cut off shortly after takeoff. The report did not offer any conclusions or apportion blame for the June 12 disaster, but indicated that one pilot asked the other why he cut off fuel, and the second pilot responded that he had not. India's Directorate General of Civil Aviation (DGCA) issued the order Monday to investigate the locking feature on the fuel control switches of several Boeing models, including 787s and 737s. The order came after Boeing notified operators that the fuel switch locks on its jets were safe. But it was in line with a Special Airworthiness Information Bulletin (SAIB) issued by the US Federal Aviation Administration (FAA) in 2018, which recommended inspection of the locks to ensure they could not be moved accidentally. Several Indian and international airlines have already begun their own inspections of fuel switches. 'It has come to the notice of DGCA, that several operators — internationally as well as domestic — have initiated inspection on their aircraft fleet as per the SAIB,' DGCA said in a statement. In view of the SAIB, all airline operators of the affected aircraft must complete the inspection by July 21, it added. The Boeing 787-8 Dreamliner was headed from Ahmedabad in western India to London when it crashed, killing all but one of the 242 people on board as well as 19 people on the ground. In a letter to employees on Monday, Air India CEO Campbell Wilson said the investigation into the crash was ongoing and it would be unwise to jump to 'premature conclusions'. Singapore reported that it had examined fuel switches on its airlines' Boeing aircraft. 'Our checks confirmed that all fuel switches on SIA (Singapore Airlines) and Scoot's Boeing 787 aircraft are functioning properly and comply with regulatory requirements,' an SIA spokesperson told AFP. South Korea was also going to order its airlines to examine fuel switches on Boeing jets, Seoul's transport ministry said on Tuesday. 'The ministry is preparing to order all South Korean airlines that operate Boeing aircraft to examine fuel switches in accordance with the FAA 2018 directives,' a ministry spokesperson told AFP. — AFP
The Sun
29 minutes ago
- Business
- The Sun
US tariffs may hit Embraer like pandemic, CEO warns
SAO PAULO: The 50% tariff that U.S. President Donald Trump plans to impose on Brazilian exports starting in August could hammer the revenue of planemaker Embraer like the Covid-19 pandemic did, its CEO warned on Tuesday, flagging risks to U.S. partners. Francisco Gomes Neto told reporters the tariffs would amount to a trade embargo on the regional jets it supplies to U.S. airlines and could trigger order cancellations, deferred deliveries and tough consequences for Embraer's U.S. suppliers. Sao Paulo-listed shares in Embraer, which had risen 3% earlier in the day, seesawed during his remarks, lost the gains before ticking back up 0.6%. They have fallen around 10% since Trump announced the tariffs, but are still up 33% so far this year. The U.S. is the main market for Embraer, the world's third-largest planemaker after Airbus and Boeing , with U.S. clients buying 45% of the firm's commercial airliners and 70% of its executive jets. Analysts had warned that the Brazilian planemaker would be one of the most affected by the tariffs. 'Given the relevance of this market, we estimate that if this (tariff plan) moves on at this magnitude, we will have an impact similar to that of Covid-19 in terms of the decline in the company's revenue,' Gomes Neto said. In 2020, when the pandemic ground air travel to a halt, Embraer's revenue plunged around 30% from the previous year. Gomes Neto emphasized that the tariffs would also hurt U.S. suppliers of components such as engines and avionics. 'It's a lose-lose situation,' he said. Aircraft are among the top U.S. imports from Brazil, along with oil, steel, coffee and orange juice. Embraer forecast the levies would generate an additional cost of around $9 million per airplane exported to the U.S., with potential impacts totaling around 2 billion reais ($360 million) this year. Shipments of E175 narrowbodies, a workhorse of U.S. regional aviation, would become 'unfeasible' by the tariffs, Gomes Neto noted, adding that no order had been canceled so far. 'It's a very new situation, so everyone is trying to understand this process and working toward reaching a solution within the deadline,' the CEO said. In March, Embraer's E175 backlog included 90 firm orders from American Airlines, 40 from Republic, and 16 from SkyWest, which placed a fresh order in June for another 60 jets. ($1 = 5.56 reais) - Reuters
Korea Herald
an hour ago
- Business
- Korea Herald
Trump sets 19% tariff on Indonesia goods in latest deal
WASHINGTON (Reuters) — President Donald Trump on Tuesday said the US would impose a 19 percent tariff on goods from Indonesia under a new agreement with the Southeast Asian country and more deals were in the works as he continued to press for what he views as better terms with trading partners and ways to shrink a huge US trade deficit. The pact with the relatively minor US trading partner is among the handful struck so far by the Trump administration ahead of an Aug. 1 deadline for tariffs on most US imports to rise again. The accord came as the top US trading partner — the European Union — readied retaliatory measures should talks with Washington fail. As that deadline approached, negotiations were under way with other nations eager to avoid more US levies beyond a baseline 10 percent on most goods that has been in place since April. Trump's roll-out of the policies has often been chaotic. His moves have upended decades of negotiated reductions in global trade barriers and roiled international financial markets and economic activity along the way. Based on Trump tariff announcements through Sunday, Yale Budget Lab estimated the US effective average tariff rates will rise to 20.6 percent from between 2 percent and 3 percent before Trump's return to the White House in January. Consumption shifts would bring the rate down to 19.7 percent, but it's still the highest since 1933. Trump outlined an Indonesia deal similar to a pact struck recently with Vietnam, with a flat tariff on exports to the US roughly double the current 10 percent and no levies on US exports going there. It also included a penalty rate for so-called transhipments of goods from China via Indonesia and a commitment to buy some US goods. "They are going to pay 19 percent and we are going to pay nothing ... we will have full access into Indonesia, and we have a couple of those deals that are going to be announced," Trump said outside the Oval Office. Trump later announced on his Truth Social platform that Indonesia had agreed to buy $15 billion of US energy products, $4.5 billion of American farm products and 50 Boeing jets, though no time frame was specified. Indonesia's total trade with the US — totaling just under $40 billion in 2024 — does not rank in the top 15, but it has been growing. US exports to Indonesia rose 3.7 percent last year, while imports from there were up 4.8 percent, leaving the US with a goods trade deficit of nearly $18 billion. The top US import categories from Indonesia, according to US Census Bureau data from the International Trade Centre's TradeMap tool, last year were palm oil, electronics equipment including data routers and switches, footwear, car tires, natural rubber and frozen shrimp. Susiwijono Moegiarso, a senior official with Indonesia's Coordinating Ministry for Economic Affairs, told Reuters in a text message: "We are preparing a joint statement between US and Indonesia that will explain the size of reciprocal tariff for Indonesia including the tariff deal, non-tariff and commercial arrangements. We will inform (the public) soon." Trump had threatened the country with a 32 percent tariff rate starting August 1 in a letter sent to its president last week. He sent similar letters to about two dozen trading partners this month, including Canada, Japan and Brazil, laying out tariff rates ranging from 20 percent to 50 percent, plus a 50 percent tariff on copper. Speaking in Pittsburgh on Tuesday, Trump said he favored blanket tariffs over complicated negotiations, but his Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick were keen to land more trade agreements. Upon his arrival back in Washington, Trump told reporters that letters would be going out soon for many smaller countries, suggesting they would face a tariff of "a little over 10 percent." The Aug. 1 deadline gives targeted countries time to negotiate about lower tariff rates. Some economists have also noted Trump's pattern of backing off his tariff threats. Since launching his tariff policy, Trump has clinched only a few deals, falling short of earlier promises to land "90 deals in 90 days." So far, framework agreements have been reached with the United Kingdom and Vietnam, and an interim deal has been struck with China to forestall the steepest of Trump's tariffs while negotiations continue between Washington and Beijing. Trump said talks with India were moving "along that same line," adding, "We're going to have access to India. And you have to understand, we had no access into any of these countries. Our people couldn't go in. And now we're getting access because of what we're doing with the tariffs." The breakthrough with Indonesia came as the European Commission, which oversees trade for the EU, prepared to target 72 billion euros ($84.1 billion) worth of US goods — from Boeing aircraft and bourbon whiskey to cars — for possible tariffs if trade talks with Washington fail. Trump is threatening a 30 percent tariff on imports from the EU from August 1, a level European officials say is unacceptable and would end normal trade between two of the world's largest markets. The list, sent to EU member states and seen by Reuters Tuesday, pre-dated Trump's move over the weekend to ramp up pressure on the 27-nation bloc and responded instead to US duties on cars and car parts and a 10 percent baseline tariff. The package also covers chemicals, medical devices, electrical and precision equipment as well as agriculture and food products — a range of fruits and vegetables, along with wine, beer and spirits — valued at 6.35 billion euros.
