Wednesday, May 30, 2012

Ministerial panel to decide on compensation for Dreamliner delay

New Delhi: A ministerial panel will decide on how much compensation Air India should seek from the US-based aircraft manufacturer, Boeing, for delay in delivery of the Boeing 787 aircraft, a senior Government official said on Tuesday.
Declining to specify whether the issue will be decided at the level of the Cabinet Committee on Economic Affairs or some other level, a senior Government official merely said “a decision will be taken at an appropriately high level in Government.”
The Government is now waiting for the Air India board resolution passed on Monday seeking compensation from Boeing. The airline is seeking compensation as there has been a delay of close to five years in the delivery of the first of the 27 aircraft Air India had ordered.
Sources said that till such time as the compensation amount is decided the airline will not take delivery of a single Boeing 787 aircraft. It is expected that compensation will be sought against each of the 27 aircraft being procured.
29/05/12 Business Line
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