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Air India Has No Cash To Pay For Boeing 787 Orders: Report

Air India does not have the cash to pay for the 27 Boeing Co. (BA) 787s it has ordered, Aviation Week reported Monday, citing a television interview last week with India's Civil Aviation Minister Vayalar Ravi. The minister said the order was delayed by Boeing by three years, and he did not specify whether it would be canceled, the website said. An earlier government report said Air India expanded too quickly and may be overburdened with debt, Aviation Week said. Year-to-date, Boeing has reported 26 order cancellations for the 787, its next-generation twin-aisle jetliner, and no new orders. The Chicago manufacturer has 821 orders total. Boeing stock was one of the big decliners of the Dow Jones Industrial Average on Monday, shedding 1.6% at last check. -By Christopher Hinton; 415-439-6400;

Stock News for Albany (AIN)
02/08/201617:24:03Current Report Filing (8-k)
02/08/201617:00:00Albany International Reports Fourth-Quarter Results
01/25/201613:49:00Amended Statement of Ownership (sc 13g/a)
01/25/201607:58:57Current Report Filing (8-k)
01/14/201608:45:00Albany International Announces Earnings Release Date
01/08/201610:54:05Initial Statement of Beneficial Ownership (3)
01/05/201616:30:38Statement of Changes in Beneficial Ownership (4)
01/04/201617:02:13Current Report Filing (8-k)
12/11/201516:41:59Current Report Filing (8-k)
12/11/201516:30:00Albany International Announces Management Changes
12/11/201509:15:00Albany International Declares Dividend
11/12/201510:10:27Statement of Changes in Beneficial Ownership (4)
11/12/201509:54:03Statement of Changes in Beneficial Ownership (4)
11/12/201509:48:17Statement of Changes in Beneficial Ownership (4)
10/28/201511:02:21Quarterly Report (10-q)
10/27/201517:28:05Current Report Filing (8-k)
10/27/201517:00:00Albany International Reports Third-Quarter Results
10/09/201510:00:00Albany International Announces Earnings Release Date
09/03/201510:30:00Albany International Declares Dividend
09/03/201507:30:00Gabelli & Company to Host Its 21st Annual Aircraft Supplier Conference...

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