Boeing to pay NACIL $145 mn for delay in aircraft deliveries

Mumbai/New Delhi: US aircraft-maker Boeing Company, which was slapped with a $710-million compensation claim by NACIL for delay in deliveries of
Dreamliner B787-800, will pay only a fraction of the amount ($145-million).
Boeing has agreed to pay only $145-million to the National Aviation Company of India (NACIL), a Parliamentary Committee report has revealed.
"The deliveries of Dreamliner 787 should have been complete by now. But it got delayed completely and we have slapped a compensation claim of $710 million," NACIL Chairman and Managing Director Arvind Jadhav had told the Committee on Public Undertakings (COPU) during his oral deposition.
"Obviously, they have confirmed $145-million they will pay as compensation for the delay and so we have tried to push the entire delivery..." Jadhav added.
NACIL had in 2006 placed orders for 68 aircraft including 27 B787-800 dreamliners with the Boeing Company.
16/03/10 PTI/Economic Times

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Categories: Foreign Mar 2010, NACIL Mar 2010