Sunday, May 2, 2010

Air India cancel orders with Boeing

Air India the national carrier of India wants to cancel the order of three Boeing 777-300ER. But it is learn t that Boeing has offered Air India 10 single aisle aircraft's in lue of three long haul aircraft's, Boeing is ready to deliver 10 B737-800 instead of the three B777's. Differences in the pricing remain the main obstacle between Boeing and Air India, as AI wants the aircraft's to be priced at a post dated price when the orders were initially placed. AI had placed an order of 68 aircraft's with Boeing in 2005  which includes 23 B777, (8 B777-200LR and 15 B777-300ER) 18 B737-800, 27 B787-800. Air India has already taken deliveries of  18 B737-800, 8 B777-200LR and of the 15 B777-300ER 10 aircraft's have been delivered and the remaining 5 were about to be delivered over a period of next 15 months. It is estimated that Air India will have to pay Rs22,000 crore for aircraft deliveries this year, were it paid Rs 12,000 crore last year.

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