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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)
02/13/201716:20:57Amended Statement of Ownership (sc 13g/a)
02/09/201709:54:51Schedule 13g
02/09/201706:05:32Amended Statement of Ownership (sc 13g/a)
02/08/201717:15:02Current Report Filing (8-k)
02/08/201717:00:00Albany International Reports Fourth-Quarter Results
02/08/201716:32:15Amended Statement of Ownership (sc 13g/a)
01/27/201707:03:58Amended Statement of Beneficial Ownership (sc 13d/a)
01/17/201710:15:00Albany International Announces Earnings Release Date
01/12/201711:24:28Amended Statement of Ownership (sc 13g/a)
12/19/201609:33:24Statement of Changes in Beneficial Ownership (4)
12/16/201610:15:00Albany International Declares Dividend
12/16/201608:03:01Initial Statement of Beneficial Ownership (3)
12/15/201615:56:24Current Report Filing (8-k)
12/15/201614:45:00Kenneth W. Krueger Elected to Albany International Corp. Board
11/01/201615:20:38Quarterly Report (10-q)
10/31/201617:29:15Current Report Filing (8-k)
10/31/201617:00:00Albany International Reports Third-Quarter Results
10/13/201609:00:00Albany International Announces Earnings Release Date
09/25/201608:00:00Statement from Albany International Corp. on the Death of Company...
09/14/201614:54:44Statement of Changes in Beneficial Ownership (4)

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