Air India to seek $840 m from Boeing for 787 delay

Mumbai: National carrier Air India will send a $840-million compensation claim to US aircraft maker Boeing for the inordinate delay in delivery of Boeing 787 Dreamliners. The compensation package would be a mix of both discount in services and cash.
“The package is being finalised... the compensation is a mix of different services discount and money,” Air India chief operating officer, Captain Gustav Baldauf, said. Earlier, Air India chairman and managing director Arvind Jadhav confirmed that the airline had sought $840 million from Boeing for the delay. Air India had ordered 27 Dreamliners, but Boeing failed to supply the planes as per schedule. Air India had placed orders for 111 aircraft at an investment of over $13 billion with Airbus and Boeing in 2006 to replace its ageing fleet and leased planes.
The supply of Dreamliners was a part of these orders. As per the original delivery schedule, Boeing was to start deliveries of these planes from September 2008.
06/12/10 PTI/Economic Times

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Categories: Air India Dec 2010, Foreign Dec 2010