Tuesday, January 22, 2008

Air India to lease aircraft to cover Boeing delay

New Delhi: Air India is in talks with major aircraft leasing companies abroad for some 15 aircraft to make up the losses it would incur following the delay in receiving 27 Boeing-787 Dreamliners.
'We would preferably go for a dry lease. It is cheaper. We have to see how many aircraft can be made available owing to delay of the Boeing's delivery,' V. Thulasidas told reporters here Monday on the sidelines of announcing its Delhi-New York non-stop daily flight from Feb 8.
Air India had earlier launched its Mumbai-New York non-stop flight Aug 1 last year.
Chicago-based Boeing has deferred deliveries of Dreamliners by three months, which means Air India will now fly the long-haul aircraft around May instead of February next year.
Under the contract, Boeing could compensate Air India for the delay. Thulasidas did not make the quantum of compensation clear, but Air India officials say it could receive a significant amount from Boeing.
21/01/08 India PRwire
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