Expanding Air India Plans To Sign Big Boeing Deal | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 04.14.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 04.14.14 **
** Airborne 04.11.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 04.11.14 **
** Airborne 04.09.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 04.09.14 **

Mon, Jan 09, 2006

Expanding Air India Plans To Sign Big Boeing Deal

Order For 68 Aircraft, Including 50 Dreamliners

Barring a last-minute upset, India’s national carrier, Air India, is expected to move forward with its expansion plans this week by signing a contract with Boeing for the purchase of 68 aircraft.

According to The Indian Express news service, the airline is ordering Boeing’s 777-200LR, 777-300ER and 50 of its new 787 Dreamliners. Alan Mulally will be at the Air India office in South Mumbai on Wednesday to sign the contract.

The formal bidding process is due to end Monday -- meaning Boeing archrival Airbus could still come through with a deal at the last minute.

Boeing is requiring a pre-delivery payment. In order to make this payment, Air India will have to obtain interim loans to raise the needed $429 million.

As part of the deal, both Air India and Boeing are also expected to collaborate on building a $100 million maintenance and repair facility in India -- a move similar to Airbus's commitment to building an A320 repair facility in China, as part of the 150-plane deal reported by Aero-News in December.

The agreement between Air Indian and Boeing is not making everyone happy, as the deal exposes a political tussle between the European Union and the US -- hardly anything new. The EU reportedly resents the deal because Air India chose Boeing instead of European-based Airbus for the deal -- the largest-ever aircraft purchase by an Indian carrier.

FMI: www.boeing.com, www.airindia.com

Advertisement

More News

Airborne 04.14.14: Google Buys Titan, Diesel Archer, C4 Avionics

Also: Scorpion's 1st 50 Hours,Pilatus Sales Record, Classic Aero-TV: Ballooning, XCOR Progress Update, Another TSA Screw-Up Just as we were tucking this episode of Airborne away, w>[...]

Airborne 04.11.14: Lear 85 Flies, FAA v UAVs-Again, CAMA Demands Med Oversight

Also: Mooney Rebirth, Barnstorming: Lessons From Lakeland, Another Airport Under Attack By NIMBY Politico, Solar Impulse2! The Learjet 85 aircraft has successfully completed its fi>[...]

Airborne 04.14.14: Google Buys Titan, Diesel Archer, C4 Avionics

Also: Scorpion's 1st 50 Hours,Pilatus Sales Record, Classic Aero-TV: Ballooning, XCOR Progress Update, Another TSA Screw-Up Just as we were tucking this episode of Airborne away, w>[...]

Aero-News: Quote Of The Day (04.15.14)

"I have to admit I had a few tears in my eyes. It was so close." Source: Red Bull Air Race Pilot Hannes Arch.>[...]

ANN's Daily Aero-Linx (04.15.14)

The National Warplane Museum Founded in 1994, the 1941 Historical Aircraft Group Museum, now known as the National Warplane Museum, is dedicated to the restoration, preservation, d>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC