Air India's 787 dream unlikely to become a reality

New Delhi: Air India may not induct the much-anticipated Boeing 787 Dreamliner planes after all. The civil aviation ministry is discussing a proposal to sell the 27 medium-haul aircraft, which will attract a substantial premium, compared to the 2005 cost.
The profits from the sale, if the proposal is cleared, could make AI richer by over Rs 7,200 crore (Rs 72 billion), equivalent to a third of its accumulated losses pegged at Rs 20,000 crore (Rs 200 billion).
27/02/12 Mihir Mishra/Business Standard/Rediff.com

To Read the News in full at Source, Click the Headline

Categories: Air India Feb 2012, Foreign Feb 2012