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Air India Seeks Nearly $1 Billion From Boeing For Delays -Reuters

DOW JONES NEWSWIRES Air India Ltd. is seeking compensation of nearly $1 billion from Boeing Co. (BA) because of delayed aircraft deliveries, Reuters reported Thursday, citing a person with direct knowledge of the matter. A Boeing spokeswoman couldn't be reached immediately for comment, Reuters said. According to the report, a 2005 order for up to 50 planes worth about $6 billion has been delayed by more than three years. Full story at http://www.reuters.com/article/2012/02/09/us-air-india-idUSTRE8181DD20120209 -Dow Jones Newswires; 212-416-2900

Stock News for Albany (AIN)
DateTimeHeadline
04/21/201406:06:07Air India To Clear 777-200 Fleet; Add More Dreamliners
10/30/201305:42:31Boeing: Jet Airways, SpiceJet Potential Customers for 737 Max
07/26/201302:42:19Aviation Regulator Starts Probe Into Air India's 787 Oven Smoke...
06/27/201304:02:37Air India Seeks $500 Million Bridge Loan - Executive
05/14/201304:40:27Air India to Resume Dreamliner Operations
05/14/201304:30:13Air India to Resume Dreamliner Operations Wednesday
05/07/201307:30:09India Regulator Likely to Decide on Lifting 787 Ban
05/03/201307:00:10Boeing Agrees to Pay Air India for Dreamliner Grounding
05/03/201304:02:21India Minister: Boeing Agrees to Compensate Air India for Dreamliner...
05/02/201311:40:05Boeing Must Compensate Air India for Dreamliner Grounding
02/05/201323:01:45Air India Executive: Boeing Didn't Deliver 7th Dreamliner Plane
02/04/201302:20:11Air India Has Flown 787s Since Global "Grounding"
01/29/201306:08:56Air India Invites Bids to Sell, Leaseback 7 Dreamliner Jets
01/18/201301:37:37Air India Using Boeing, Airbus Planes on Dreamliner Routes
01/11/201306:15:20India's Aviation Ministry Expresses Concerns Over Dreamliner...
01/10/201304:49:29Air India Starts Dreamliner Flights to Paris
11/06/201210:23:55Air India to Clear Pending Salaries by Mid November
09/12/201205:27:11India Minister: Air India Needs to Add More Planes to Expand...
09/07/201209:03:31Air India Defers $1.3 Billion Bond Sale, $500 Million Bridge...
09/06/201213:00:12Air India Gets First Boeing Dreamliner Jet

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