Tuesday, May 24, 2011

Air India negotiating for 'just compensation' for Boeing-787 delays

New Delhi/Mumbai: National carrier Air India Monday said that it was in active negotiations with US aerospace major Boeing for securing "just compensation" for the delay in deliveries of 27 new-age B-787 Dreamliner aircraft, some of which should have joined the fleet by now.
"We are in active negotiation with them (Boeing) for getting just compensation for the delay in deliveries," a senior Air India official told IANS from Mumbai.
Deliveries were to have begun in the October-December quarter of 2010 but due to technical glitches at the manufacturers end, the aircraft had to undergo another series of tests before it was certified to fly. In February, Boeing said deliveries would begin in the fourth quarter of 2011.
According to the official, the delay has caused both opportunity and operational losses to Air India, which had planned to deploy the B-787s on long-haul international routes and re-deploy its B-777 aircraft on domestic routes, thereby regaining its lost market share in both sectors.
"This plan of ours has been badly hit (due to the delay in deliveries). Once we have the planes, we can easily redeploy our larger seat-capacity aircraft on the domestic sector and offer more seats at lower prices, thereby shoring up our market share," the official explained.
23/05/11 Times of India
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