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Agreement also includes GE90 engines for Boeing 777 Freighters and GE True Choice services Delhi, 7th February 2022: Qatar Airways has announced a new order for GE9X engines as part of its global launch order of up to 50 Boeing 777-8 Freighters. The commitment includes 34 firm 777-8 orders and an additional 16 purchase right options, also includes GE90 engines for an additional order of two Boeing 777 Freighters. The total value of the order with GE is more than U.S.$6.8 billion list price, including spare engines, a new order for GE90-115B engines, and a TrueChoice services agreement to cover the maintenance, repair and overhaul (MRO) of the engines. Qatar Airways Group Chief Executive, His Excellency Mr. Akbar Al Baker, said, “With our status as the world’s largest air freight carrier, Qatar Airways has ambitious plans for the future of its cargo operations. As operators of the Boeing 777 family, including the global launch customer of Boeing’s 777-8 Freighter aircraft, we are delighted to have GE as our partners and these contracts for GE engines further cement the strong relationship between Qatar Airways and GE. We are confident that Qatar Airways’ focus to drive towards a sustainable future will be very much supported by the efficiency of the GE9X engines.” “GE Aviation has great history and proven track record of powering freighter-dedicated aircraft,” said GE Aviation CEO John Slattery. “We are proud to continue building our relationship with Qatar Airways and play a significant role in their growth with this order of Boeing 777-8 Freighter and 777 Freighter aircraft.” The GE9X engine helps meet GE Aviation’s commitment to a more sustainable aviation industry by introducing the latest generations of heat-resistant Ceramic Matrix Composites materials, additively-manufactured parts and lean burn combustion that help improve fuel efficiency. It is the world’s most powerful and most fuel-efficient turbofan. The GE9X offers the lowest NOx emissions in its class[ii], and is the quietest GE engine ever produced[iii]. Like all GE commercial engines, both the GE9X and GE90 are compatible with any approved Sustainable Aviation Fuel (SAF). Incorporating a suite of propulsion technologies unique to GE, the GE9X offers up to 10 percent lower specific fuel consumption compared to the engine it replaces. It builds on the heritage of the pioneering GE90 engine and offers a combination of power and efficiency unmatched in the freighter market.

New Delhi; 27 JAN 2022: The Air India strategic disinvestment transaction has been completed today with Government receiving a consideration of Rs 2,700 crore from the Strategic Partner (M/s Talace Pvt Ltd, a wholly owned subsidiary of M/s Tata Sons Pvt Ltd), retaining debt of Rs 15,300 crore in Air India and AIXL and transferring shares of Air India (100% shares of Air India and its subsidiary AIXL and 50% shares of AISATS) to the Strategic Partner. It is pertinent to mention that following Government’s approval of the highest price bid of M/s Talace Pvt Ltd for strategic disinvestment of Air India, the Letter of Intent was issued to the winning bidder on 11 October 2021. The Share Purchase Agreement (SPA) was signed on 25 October, 2021. Thereafter, Strategic Partner (M/s Talace Pvt Ltd), Air India and the Government worked towards satisfying a set of conditions precedent defined in the SPA including approvals from anti-trust bodies, regulators, lenders, third parties, etc. These conditions have since been met to mutual satisfaction.

New Delhi, 21st January 2022: Amid the 5G row in the various key airports of United States, the Indian national carrier Air India today said it has resumed six India-US flights on Boeing B777 aircraft after getting Boeing’s go ahead to operate them following technical clearance by the Federal Aviation Administration (FAA). The airline also announced that all flights to the US would normalise from today onwards. Earlier this week, many airlines across the world including Air India had to cancel flights to US due to deployment of 5G internet in North America citing safety clause related to interfere with aircraft’s radio altimeters. In the recent release, US aviation regulator FAA, in a fresh directive said that radio altimeters fitted in certain types of aircraft, including B777, will not be affected by 5G services. Subsequently, an Air India spokesperson informed media that Boeing has cleared the national carrier to operate to the US on B777 aircraft.Accordingly, first flight left this morning to JFK (New York). Other flights leaving in the day are to Chicago and SFO (San Francisco). Arrangements to carry stranded passengers are being worked out. Matter regarding B777 flying into the US has been sorted. The Air India flights that have resumed their operations from Thursday are Delhi-New York, New York-Delhi, Delhi-Chicago, Chicago-Delhi, Delhi-San Francisco and San Francisco-Delhi. Along with these six flights, two other flights — Mumbai-Newark and Newark-Mumbai — were cancelled by Air India on Wednesday. The FAA had on January 14 said 5G interference with the aircraft’s altimeter could prevent engine and braking systems from transitioning to landing mode, which could prevent an aircraft from stopping on the runway.