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 11.24.14 ** HD iPad-Friendly -- Airborne 11.24.14 **
** Airborne 11.21.14 ** HD iPad-Friendly -- Airborne 11.21.14 **
** Airborne 11.19.14 ** HD iPad-Friendly -- Airborne 11.19.14 **

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 11.24.14: FAA Ready To Restrict UAVs?, Sonex's 500th!, Trig TT31 AML

Also: SWAPA Files For NMB, XCOR Milestone, RV Video Tips, Levil's New APP, Ready For AirVenture? In breaking news, ANN has learned that the upcoming regs for UAVs are likely to be >[...]

Is The FAA's UAV Policy Imminent?

Some Details Leaking On The Web, AMA Ready With Response Some details of what the FAA plans to propose when it releases its UAV policy are starting to leak out onto the Internet, a>[...]

Airborne 11.21.14: AEA's 3Q/14 Report, Fantasy Of Flight, Modernizing The NAS

Also: Holland Wants Gold, FAA Strangling UAVs?, RAF WWII Trainer For Sale, Bf109s Live, Georgia v Aerospace Engineers The Aircraft Electronics Association has released its third-qu>[...]

Airborne 11.24.14: FAA Ready To Restrict UAVs?, Sonex's 500th!, Trig TT31 AML

Also: SWAPA Files For NMB, XCOR Milestone, RV Video Tips, Levil's New APP, Ready For AirVenture? In breaking news, ANN has learned that the upcoming regs for UAVs are likely to be >[...]

ANN's Daily Aero-Linx (11.25.14)

FAA Air Traffic Controller Workforce Plan The Federal Aviation Administration (FAA) plans to hire and train tens of thousands of air traffic controllers over the next decade. FAA's>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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