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 Unlimited -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 04.27.17

Airborne
04.24.17

Airborne
04.25.17

Airborne
04.26.17

Airborne
04.27.17

Airborne
04.21.17

Airborne-Unmanned 04.25.17

Airborne-YouTube

AMA 04.27.17

Airborne
04.24.17

Airborne
04.25.17

Airborne
04.26.17

Airborne
04.27.17

Airborne
04.21.17

Airborne-Unmanned 04.25.17

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

AMA Drone Report 04.20.17: Phantom 4 Advanced, NJ NIMBYism, AMA-DJI Team Up

Also: AUVSI XPO17 LIVE!, Steady Drone Sales, Drone v Shotgun... DJI’s new Phantom 4 Advanced offers a more powerful camera and more upgraded controls. The new upgrades the or>[...]

The 2017 Planes of Fame Air Show At The Chino Airport Will Go On As Planned

But Tenants Who Filed Suit Will Seek Changes In Oversight For 2018 Show The group of plaintiffs filing suit against Planes of Fame have withdrawn the motion for a preliminary injun>[...]

Airborne 04.26.17: Kitty Hawk Flyer, Mooney CEO Departs, Part 23 Training

Also: Sun 'n Fun, North Dakota, Turbulence, Canadian Drones, Voyageur Aviation, Oxford Airport, Drone Classes A major player in the online world, Google’s Larry Page, has ent>[...]

Airborne 04.25.17: Vietnam Helicopter Museum, Gleim Virtual Cockpit, Av Police

Also: Airport Fight, Aero-Calendar, H145, A321neo, Emirates, Airspace Workshops, Jeppesen A claim of discrimination has been filed against Contra Costa County, CA by the Vietnam He>[...]

AD: Rolls-Royce plc Turbofan Engines

AD NUMBER: 2017-08-10 PRODUCT: All Rolls-Royce plc (RR) RB211-Trent 970-84, RB211-Trent 970B-84, RB211-Trent 972-84, RB211-Trent 972B-84, RB211-Trent 977-84, RB211-Trent 977B-84, a>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC