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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)
05/22/201513:31:09Specialized Disclosure Report (sd)
05/15/201509:15:00Albany International Declares Dividend
05/05/201512:08:43Quarterly Report (10-q)
05/04/201517:18:31Current Report Filing (8-k)
05/04/201517:00:00Albany International Reports First-Quarter Results
05/01/201518:33:23Albany International Corp. Receives "Hold" Rating from Zacks...
04/13/201511:00:00Albany International Announces Earnings Release Date
04/08/201506:02:13Additional Proxy Soliciting Materials (definitive) (defa14a)
04/07/201517:30:22Proxy Statement (definitive) (def 14a)
03/26/201511:24:22Proxy Statement - Notice of Shareholders Meeting (preliminary...
03/03/201511:07:53Statement of Changes in Beneficial Ownership (4)
03/03/201508:51:14Statement of Changes in Beneficial Ownership (4)
03/03/201508:40:31Statement of Changes in Beneficial Ownership (4)
03/03/201508:35:21Statement of Changes in Beneficial Ownership (4)
03/03/201508:27:21Statement of Changes in Beneficial Ownership (4)
03/02/201514:36:09Statement of Changes in Beneficial Ownership (4)
03/02/201514:28:20Statement of Changes in Beneficial Ownership (4)
03/02/201514:24:37Statement of Changes in Beneficial Ownership (4)
03/02/201514:19:14Statement of Changes in Beneficial Ownership (4)
03/02/201513:58:04Amended Statement of Changes in Beneficial Ownership (4/a)

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