British Prime Minister David Cameron resigns | Theresa May takes over as new UK PM | May becomes second British woman PM after Margaret Thatcher | Cameron announced resignation following Brexit, a referendum for UK's exit from EU June 23 | International Tribunal demolishes China's claims over South China Sea | Permanent Court of Arbitration at The Hague says China has no legal basis to claim regional waters and build islets | The Tribunal also held China guilty of damaging coral reefs and natural environment | China has border maritime problems with all its neighbours | China rejected the decision, saying it is invalid and has no binding force | India, Tanzania agree to deepen overall defence and security partnership, especially in the maritime domain | Both nations agreed to work closely, bilaterally, regionally and globally to combat twin threats of terrorism, climate change | Prime Minister visiting Tanzania in the last leg of his visit to 4 African nations July 7-11 | Boeing, Mahindra Defence open C-17 Training Centre for IAF | Terrorism is the gravest security threat facing the world today, says PM Modi during Mozambique visit | Terrorism impacts India and Mozambique equally | NASA spacecraft Juno reaches Jupiter | Juno crossed violent radiation and flew 130,000 miles/hour | Jupiter is the largest planet in our solar system | Juno should be in Jpiter orbit for 20 months to send data | The $1.1 billion Juno mission took five years to reach Jupiter | LCA 'Tejas' joins Indian Air Force | Tejas is an indigenously-built Light Combat Aircraft | The single-seat, single-engine, multi-role light fighter is designed by ADA and manufactured by HAL | India test-fires new surface-to-air missile from a defence base in Balasore off Odisha coast | The new missile is jointly developed by India and Israel | Abdul Majeed Al Khoori appointed Acting CEO of the Abu Dhabi Airports | Eng. Mohamed Mubarak Al Mazrouei becomes Advisor to the Abu Dhabi Airports Chairman | Defence Minister Manohar Parrikar hands over 'Varunastra' to Indian Navy | Varunastra is an advanced heavyweight anti-submarine torpedo | It is indigenously designed, developed and manufactured by DRDO | India officially joins Missile Technology Control Regime | With this India becomes 35th member of the MTCR | Indian Foreign Secretary S Jaishankar signed the document of accession into MTCR in Seoul June 27 | The document was signed in presence of Ambassadors of France, the Netherlands and Luxembourg - the Chair and two co-chairs of the Regime | India had applied for the membership in 2015 | India finalises deal for 145 BAE Systems M777 artillery guns | This is Indian Army's first artillery deal in 30 years | Britain votes to leave EU, Pound crashes | 52 per cent voted Leave and 48 Remain in historic referendum | British Prime Minister David Cameron announces to resign before October over UK's exit | Leave process will take about two years though | Markets hit worldwide, including in India | China scuttles India's NSG bid | India joins SCO | India, apart from Pakistan, was admitted as full member of SCO during its Ufa Summit in July 2015 | After completing certain procedures, India now technically entered into SCO | India had an observer status for past 10 years prior to entering into six member regional bloc | No consensus on India's membership in NSG | China and five other countries oppose India's entry as New Delhi has not signed NPT | China insists Pakistan must also enter NSG if India's application is accepted | Pakistan is China's only military ally and is also known as a nuclear, missile and terror proliferator (NMTP) | Indian Space Agency ISRO successfully launches 20 satellites in one rocket | This is the biggest launch in ISRO's history | The satellites were launched onboard PSLV C-34 from SDSC (SHAR) Sriharikota | PSLV C-34 was carrying 17 satellites from US, Canada, Germany, Indonesia and 3 from India | Government of India approves 100% FDI in defence and civil aviation sectors | In defence, foreign investment beyond 49% (and up to 100%) permitted through the government approval route | This is in cases of access to modern technology in the country | For aviation, the government allowed 100% FDI in India-based airlines | The decision on FDI reforms taken at a high-level meeting chaired by Prime Minister Modi | India confident of getting into NSG, says External Affairs Minister Sushma Swaraj | India is working with China to win support | India will not oppose any country's membership proposal, EAM told a news conference |
 

Air India won't take Dreamliners till compensation fixed

 

 
 
  Published:May 2012
 
 
 
 
   

New Delhi. Air India will not take delivery of the 787 Dreamliner planes from Boeing till the finalisation of the compensation for the delay in supplying the aircraft.

 

This was formally told to the US-based company by the civil aviation ministry in a letter May 28.

"We have sent them a letter yesterday (Monday) evening stating our intent to know what kind of compensation package they are willing to offer," a senior Air India official told IANS.

According to the official, any compensation will not come directly to the airline but will be deducted from the total cost of the aircraft.

"There will be a deduction procedure that we have discussed. Compensation will be deducted from the overall cost of the aircraft."

The official further said that the airline has proposed a mechanism through which the compensation will be decided. The mechanism will focus on delay in delivery of individual aircraft.

"We do not want a lump sum for all 27 aircraft. As we now know that the total batch of 27 aircraft will be delayed in a varying manner, where first batch may come as soon as June while others may be stuck."

The official added that a team of engineers who are currently in the US for testing the aircraft will be called back, if the airline does not receives any response from Boeing in the coming days.

When contacted, Boeing refused to give any details.

"We do not comment about compensation in public.. The first 787 is ready for delivery. We are waiting to deliver the first plane to Air India," Dinesh Keskar, senior vice president (sales), Boeing Commercial Airplanes, India and Asia Pacific, told IANS over the phone from the US.

"The aircraft is already certified by Federal Aviation Administration (FAA) and we expect the aircraft to arrive soon in India."

The American Export Import Bank (ExIm) had given loan guarantees worth $3.3 billion to the carrier for buying 27 aircraft from Boeing.

Earlier in the day, Civil Aviation Minister Ajit Singh said Air India would not take delivery of its first batch of Boeing 787 Dreamliner until both the airline and the aircraft manufacturer decide upon the compensation package for the delay.

"We will not be in a position to take delivery of the aircraft, as the compensation package for the delay in the delivery of the plane has not been decided as of now," Singh told reporters.

According to Singh, Air India's board has decided a compensation amount and is seeking legal opinion on how to go about obtaining the same.

The national carrier had ordered 27 Boeing 787 aircraft in 2005-06. However, the first batch of two aircraft would only be delivered at the end of this month.

Overall the delivery of the aircraft has been delayed by three years causing the airline to lose several opportunities to deploy the aircraft on long haul international routes.

The minister said all possible legal recourse were available to the airline including that of arbitration.

The development comes a day after the airline's board in a meeting here decided a ballpark figure of $750-$800 million from Boeing for the delay in the delivery of the aircraft..

(IANS)

 
     
     
   
 
Top Stories
Prime Minister Narendra Modi Chairs Inter-State Council Meeting
Indian Warships Visit Port Kelang, Malaysia
Japanese Defense Minister Calls on Manohar Parrikar
DRDO Embarks Major Success in Advanced Artillery Gun System
Army Chief Extends Invitation to Australian Special Forces to Train with India
Mhadei Returns after Successful Completion of All Women Expedition
Ex MEGH PRAHAR: A Demonstration on Opposed River Crossing
Aerospace & Defence Executives Hunting down Growth but not at Any Cost, Says KPMG Survey
INS India Celebrates Platinum Jubilee
Indian Navy Commissions INS Karna
Boeing, Mahindra Defence Systems Open C-17 Training Centre for Indian Air Force
Slowly Indian Armed Forces Will See Larger Participation of Women, says Parrikar
Interview: Morocco Could be Hub for Indian Trade to Africa and Europe
FDI Reforms in the Defence Sector: A Fresh Round
Indian Army set to acquire Artillery Guns, Finally
Indian Armed Forces: Pace of Military Modernisation
IAF Inducts Indigenous Tejas Light Combat Aircraft
Made-in-India Jet Fighter: Big Step in Weapons Self-reliance
INS Satpura Reaches Hawaii, US for Exercise RIMPAC 2016
India-Israel MRSAM Successfully Test Fired
 
   
 Home | Contact Us| In the Press| Links| Downloads
© 2008-14, India Strategic. All rights reserved.