Aviation
Emirates Celebrate Airline’s 150th B-777 Delivery..!
EVERETT, Wash., Sept. 3, 2015 / Emirates Airline today celebrated the simultaneous delivery of three 777s – two 777-300ERs and one 777 Freighter – marking the entry of the 150th 777 into Emirates’ fleet.
Today’s delivery marks the first time in 15 years that Boeing has delivered three 777s at one time to a single customer.
Emirates is the world’s largest operator of the 777 and also the only airline ever to operate all six of the 777 variants introduced into service by Boeing.
Sir Tim Clark, President, Emirates airline, said: “We have enjoyed a strong and long-standing relationship with Boeing on the 777 programme. As the world’s largest 777 operator, our multi-billion dollar commitment to the programme continues to support jobs and innovation across the aerospace manufacturing supply chain. The 777s give Emirates the range, reliability, and flexibility to efficiently serve close to 100 destinations on six continents with non-stop flights from our hub in Dubai. We are pleased to mark the delivery of our 150th 777 aircraft, and will continue to work closely with the Boeing team on the next generation 777X for the Emirates fleet.”
“This triple delivery to Emirates is an outstanding moment in a partnership that has grown phenomenally over the last three decades,” said Boeing Commercial Airplanes President and CEO Ray Conner. “As Emirates takes delivery of its 150th 777, it underlines the remarkable track record of this aircraft, undiminished as the leading long-haul passenger and cargo carrier. We are proud of this relationship and the confidence that Emirates has shown in Boeing airplanes over the years.”
Emirates ordered its first Boeing 777s in 1992 with delivery beginning in June 1996. The airline’s order book for the 777 continued to grow over the following years including a then record-breaking order for 50 777-300ERs at the 2011 Dubai Airshow and 150 777Xs at the 2013 edition.
Today’s 777-300ER, which forms the largest part of the Emirates fleet, is the most fuel and cost-efficient airplane in its class and the most reliable twin-aisle aircraft in the world with an on-time departure rate of 99.5 percent. It also has the highest cargo capability of any passenger airplane. Emirates currently has 46 additional 777-300ERs on order with Boeing.
With today’s delivery, Emirates now has 13 777 Freighters, the world’s largest and longest range twin-engine freighter, capable of flying 4,900 nautical miles (9,070 kilometers) with a full payload at general cargo market densities. The airplane’s range capability translates into significant savings for cargo operators – fewer stops and associated landing fees, less congestion at transfer hubs, lower cargo handling costs and shorter cargo delivery times.
Boeing also provides Emirates with essential support and services including parts and components and Airplane Health Management to speed the detection and resolution of maintenance issues, Jeppesen Crew Rostering services to optimize flight crew scheduling, and AerData STREAM (Secure Technical Records for Electronic Asset Management) to manage aircraft and engine records.
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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