Boeing May Have A Chance To Regain Lost Ground In India With Indian Billionaire’s New Airline

The United States based plane maker Boeing could have a chance to regain lost ground in the Indian aviation market because of the plans of Indian billionaire Rakesh Jhunjhunwala to launch an ultra-low-cost airline in the country. Boeing got a rude shock for its business in India two years ago with the failure of the…

Boost In 737 MAX Deliveries Helps Boeing To Report First Quarterly Profit In About Two Years

With deliveries of its best seller planes, the 737 MAX jets, picking up during the quarter, United States based plane maker Boeing Co reported its first quarterly profits in almost two years, as global travel has started to see a revamp form the near collapse during the pandemic with a steady pace of Covid-19 vaccine…

Sales Forecast For Its Vaccine For 2021 Raised By Pfizer To $33.5 Billion

With countries stocking up on its Covid-19 vaccines and ordering more for the rest of the year, its forecast for full-year sales of its vaccine was raised by Pfizer Inc on Wednesday by almost 29 per cent to $33.5 billion. Pfizer partnered with Germany’s BioNTech to develop the vaccine. While reaffirming that a booster dose…

JLR’s Parent Tata Motors Expects Short Term Impact Of Chip Shortage As Its Reports Recovering Demand

India’s Tata Motors Ltd, the owner of JLR brand, is anticipating an easing of  global supply chain issues that started with the emergence of the Covid-19 pandemic with the rapid roll out of vaccines and forecast on Monday of its optimism to see an enhancement of performance of its business from the second half of…

Toyota Suspended Thailand Vehicle Production Due To Parts Shortage

A shortage of auto parts, including that of semiconductor chips for cars, has forced the Japanese automaker Toyota Motor Corp to stop production of vehicles since earlier this week at three of its manufacturing plants in Thailand, said the Japanese auto major Thursday. The auto company said in a statement that vehicle production at its…