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Ministers approve Air India's Boeing delay compensation

AIR-INDIA-BOEING:Ministers approve Air India's Boeing delay compensation

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Reuters NEW DELHI
Last Updated : Jan 20 2013 | 4:33 AM IST

A ministerial panel has approved an undisclosed compensation package from Boeing Co for delayed delivery of Dreamliner aircraft for state-run Air India , Aviation Minister Ajit Singh said on Wednesday.

The package must now be cleared by India's cabinet, Singh added.

Deliveries of the 787 Dreamliners are caught up in a dispute between the U.S. planemaker and India over compensation to the carrier, after production of the planes was delayed by four years.

 

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First Published: Jul 25 2012 | 4:40 PM IST

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