ch-aviation
• Dirk Andrei Salcedo
India’s National Company Law Tribunal has dismissed Jet Airways liquidator Satish Kumar Gupta’s bid to recover about $92.1 million (₹500 crore) in aircraft advances and pre-delivery payments from Boeing. The tribunal held that the contract dispute requires a full trial, leaving the funds tied to undelivered aircraft unresolved.
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India’s National Company Law Tribunal has dismissed Jet Airways liquidator Satish Kumar Gupta’s bid to recover about $92.1 million (₹500 crore) in aircraft advances and pre-delivery payments from Boeing. The tribunal held that the contract dispute requires a full trial, leaving the funds tied to undelivered aircraft unresolved.
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Pratt & Whitney says its F-35 engine enhancement has passed a risk-reduction design review, advancing improvements in longevity, thrust and fuel efficiency. Separately, the company has licensed Hermeus to manufacture the F100-PW-229 for its Quarterhorse Mk 2, supporting the hypersonic aircraft developer’s next phase of development.
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Boeing is advancing another contract offer to the Society of Professional Engineering Employees in Aerospace as it works to avert a strike. The company is highly motivated to protect its slow 737 MAX production recovery and maintain certification progress on the MAX 10 and 777X.
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