Boeing to compensate Air India for Dreamliner delay

New Delhi: Boeing has agreed to pay compensation to Air India for the over three-year delay in delivery of the B-787 Dreamliner but there was no clarity on the amount.
Air India had two years ago sought a $710 million package for the delay and several rounds of negotiations have taken place since then.
In the last week of May, the airline Board agreed on a compensation package from US aircraft maker and sent it for approval by the government.
Civil Aviation Minister Ajit Singh told that the matter would be taken up by the Cabinet Committee on Economic Affairs at its next meeting.
09/06/12 Press Trust of India/IBN Live

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Categories: Air India Jun 2012, Foreign Jun 2012