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 10.29.14 ** HD iPad-Friendly -- Airborne 10.29.14 **
** Airborne 10.27.14 ** HD iPad-Friendly -- Airborne 10.27.14 **
** Airborne/NBAA2014 10.24.14 ** HD iPad-Friendly -- Airborne/NBAA2014 10.24.14 **

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 10.29.14: Antares Launch Failure, GAMA Responds, Another 'Roadable'???

Also: Dragon Returns, Quadcopter Flown At Airliner?, Classic Aero-TV: Redhawk, Diesel Flt School Airplanes, WWII Bomber Found The unmanned Antares rocket built by Orbital Science C>[...]

Classic Aero-TV: ‘Have it Your Way!’ – The SPA Panther

A New Single-Seat SportPlane Shows Great Potential For Serious Fun While at the Sport Aviation Expo 2014, ANN CEO and Editor-In-Chief, Jim Campbell stopped by to talk with Dan Wese>[...]

AD: Bombardier, Inc. Airplanes

AD NUMBER: 2014-21-07 PRODUCT: Certain Bombardier, Inc. Model CL-600-2C10 (Regional Jet Series 700, 701, & 702) airplanes, Model CL-600-2D24 (Regional Jet Series 900) airplanes>[...]

AD: Airbus Airplanes

AD NUMBER: 2014-21-10 PRODUCT: Certain Airbus Model A330-200 and -300 series airplanes, and Model A340-200 and -300 series airplanes.>[...]

ANN's Daily Aero-Linx (10.31.14)

Ex-MACs This group is made of retired McDonnell Engineers, most of whom began their careers at MAC either on the F101, F3H or F4H programs.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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