The discussions with the rival manufacturers relate to engines that would power about 150 new Airbus SE A320neo jets and the agreement could be worth around $10.7 billion.
The company shipped 47 of its best-selling A320-series narrow-bodies, as well as two of the A220 series in July. India’s Vistara was one of the companies that took delivery.
From Rolls-Royce's Trent 1000 engine to Pratt & Whitney’s engines in the A320neo, companies are juggling production demand, pollution and science to survive the volatile market.
Poland PM Donald Tusk highlighted that the ‘Trump pill’ will serve as a much-needed wake-up call for Europe to make painful but necessary structural changes.
Donald Trump has been vocal about India’s high import tariffs and has threatened retaliation. Simultaneously, his tough stand on China could see Chinese goods flood India.
The Chinese aircraft has uncanny similarities to the American F-35 jet. There are claims that China copied the design. Cyber theft of F-35 design data was reported in 2009.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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