Monday, March 07, 2016

Cannot disclose the revenue generated on sale of Air India's Dreamliner: Government

New Delhi: The government has refused to reveal the revenue it earned from sale of state-owned Air India's Dreamliner (B787-800) aircraft, 12 of which were sold between 2013 and 2015.
In a written reply to a question in Rajya Sabha, minister of state for civil aviation Mahesh Sharma said last week that "due to the confidentiality clause, the revenue generated on the sale of Dreamliner aircraft cannot be disclosed".

The minister also informed the House that "the sale proceeds of the Dreamliner aircraft have mainly been used to repay the loans outstanding against these aircraft. The balance amount, if any, has been utilized for the day to day operations of the company".

Sharma was replying to questions by Trinamool Congress MP Sukhendu Sekhar Roy who had asked about the year-wise details of Dreamliner aircraft Air India sold between 2013 and 2015, "how much revenue was generated through sale of the Dreamliners" and also "details of how the sale proceeds have been utilised by Air India"?
07/03/16 Mohua Chatterjee/Economic Times
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