Air India increases compensation claim from Boeing for delivery delays

National Aviation Company of India, the state-owned parent of Air India, is seeking about US$840 million in compensation from Boeing Corporation for the near three year delay of its 787 Dreamliner jets.
The previous demand of $710 million made in January 2009 was raised by National Aviation last week, Bloomberg reported. Air India's original commitment for 27 Dreamliners was targeted for delivery by September 2008, but is now expected to start delivery in the second quarter of 2011, according to the president of Boeing India, Dinesh Keskar.
The delay has hampered Air India's growth plans and saddled them with additional costs, said National Aviation in a recent statement. The airline, which has not posted a profit since its formation in 2007, said it may increase the demand for compensation should Boeing further set back the deliveries.
17/08/10 eTravel Blackboard

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Categories: Foreign Aug 2010, NACIL Aug 2010