In 2017 and 2018, Pearce said the capacity increased by 6.7 per cent annually.
The 737 MAX, the fastest-selling plane in the history of Boeing, has been grounded worldwide since March, after 346 people were killed in two crashes in five months
The prolonged grounding of the Boeing 737 MAX aircraft has put pressure on the airline's cost control
Global regulators banned commercial flights of Boeing's fastest-selling jet in March after two fatal accidents
Discussions are taking place and the size of the order hasn't been determined, Singh said
His outreach will play a key role in shaping how Boeing emerges from a long nightmare that has shaken confidence in its most important product and disrupted operations for dozens of airlines
Boeing's mid-December estimate sent the planemaker's stock price soaring on Monday, though it also said it would not win approval for changes to pilot training until January
Top of their agenda will be the worldwide grounding of the 737 MAX in the wake of two deadly crashes
The company has accounted over Rs 170 crore as losses incurred due to the grounding during Q2, 2019-20
Gustavsson has been transferred in the last two weeks to Boeing's Test & Evaluation group, a source familiar with the matter said
Net orders so far this year came to just 45 at the end of October, down from 56 in September
Boeing had originally planned for the model to resume flying in December.
Boeing has reported that the Max grounding will cost it at least $9 billion in extra production spending and compensation for airlines that have canceled thousands of flights.
Indian airlines currently have around 600 aircraft in their fleet.
DGCA wants additional training for pilots for 737 Max which may dent the cost benefit of the aircraft
A big win for Airbus came last month, when Indian budget carrier IndiGo ordered 300 narrow-body aircraft in a deal worth more than $33 billion at list prices
Last week, Indonesia investigators found Boeing failed to grasp risks in the design of MCAS
Senators from both parties signalled clear dissatisfaction, bordering on rage in some cases
At least one whistle-blower also told the committee that the company sacrificed safety for cost savings
"We got the implementation wrong," Muilenburg said, referring to the angle of attack disagree alert