Aviation
Boeing Receives U.S. Air Force E-7 Airborne & Proposes T-7 Advanced Trainer for Australia
Boeing will begin the development of two new U.S. variants of the E-7 Airborne Early Warning & Control (AEW&C) aircraft through a $1.2 billion Undefinitized Contract Action.
The E-7 provides a fully integrated, combat-proven, flexible command and control node that delivers multi-domain awareness in the most challenging operational environments. The E-7’s open systems architecture and agile software design enable the aircraft‘s capabilities to evolve and remain ahead of future threats.
The E-7 tracks multiple airborne and maritime threats simultaneously with 360-degree coverage via the Multi-role Electronically Scanned Array (MESA) sensor. MESA provides the warfighter with critical domain awareness to detect and identify adversarial targets at long range and dynamically adjusts to emerging tactical situations. Other E-7 operators include the Royal Australian Air Force, the Republic of Korea Air Force, Turkish Air Force and the United Kingdom’s Royal Air Force.
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The E-7 uses a well-established supply chain which significantly reduces maintenance and logistics costs and increases mission readiness on day one. Converted from the Next-Generation 737-700, the E-7 capitalizes on existing commercial derivative aircraft design, certification and modification processes, allowing E-7s to be fielded to meet Air Force needs.
And also Boeing is ready to offer its T-7 advanced trainer to Australia to help ensure the mission-readiness of the country’s future defense pilots. The T-7 is a new cost-effective system combining a trainer aircraft with a ground-based simulator to replace older trainers.
The T-7 could be used to train future Australian pilots of F/A-18F Super Hornets, EA-18G Growlers, F-35s and other defense aircraft using live and ‘as real-as-it-gets’ virtual simulation. The announcement was made during the Avalon 2023 Australian International Airshow, where Boeing brought a T-7 simulator for customer demonstrations.
The T-7’s digital open architecture and reconfigurable cockpit means the trainer/simulator can be updated rapidly for decades to come.
Aviation
No More Jet Airways. Supreme Court Says “No Choice”, Orders Liquidation
Jet Airways was once one of India’s leading airlines, known for its service and extensive network. Founded in 1993, it served millions of passengers, connecting cities across India and international destinations.
However, since grounding its flights in April 2019, Jet Airways has struggled to navigate financial turbulence, leading to years of efforts to revive the airline and return it to the skies.
On Thursday, the Supreme Court ordered the liquidation of Jet Airways, citing “no choice” but to take this decisive step after the resolution plan failed to meet creditor obligations. The court invoked its extraordinary powers under Article 142, which allows it to make orders for “complete justice” in any case, overriding previous tribunal rulings.
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The Jalan-Kalrock Consortium (JKC), which had won the bid to revive Jet, faced criticism for not fulfilling payment commitments to creditors, which included major banks like the State Bank of India and Punjab National Bank.
The Supreme Court’s ruling pointed to “peculiar and alarming” issues surrounding the resolution plan’s implementation, leading to its conclusion that liquidation was the only feasible outcome.
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Chief Justice DY Chandrachud, alongside Justices JB Pardiwala and Manoj Misra, emphasized that while liquidation should be a last resort, it was necessary as the resolution plan was “no longer capable of implementation.”
In line with this decision, the court ordered that the ₹200 crore already infused by JKC be forfeited and directed the National Company Law Appellate Tribunal (NCLAT) in Mumbai to appoint a liquidator to oversee the process.
JKC, a partnership between Murari Jalan, a UAE-based Indian entrepreneur, and Florian Fritsch, a Jet shareholder through Kalrock Capital Partners Limited, had taken ownership of Jet Airways two years after it was grounded. The consortium’s inability to fulfill its financial obligations has now led to this final verdict, marking the end of an era for Jet Airways in India.
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