Wednesday, February 12, 2014

Boeing offers Air India $23 million for Dreamliner 787 glitches

New Delhi: Boeing has offered pay national carrier Air India $23 million as compensation for the 787 Dreamliners not being as fuel efficient as promised, and for the losses on accounting of grounding the aircraft owing to technical problems.
Boeing's offer is half of the $46 million that Air India has sought. Negotiations between the two companies are currently underway.
Air India officials said that Boeing’s offer is not adequate. “They have offered us but the negotiations are still on,” said a senior official with the airline. In an email response, Boeing refused comment, saying, “We do not comment on negotiations with our customers.”
Air India has faced teething troubles with the 787. The planes have scored low on fuel efficiency and Air India had to ground its Dreamliner fleet for three months, as did other airlines globally, after battery meltdowns were reported on two planes.
12/02/14 Mihir Mishra/Financial Express
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