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Friday, March 23, 2012

In-Debt Air India Still Wants its 27 Dreamliners

Despite their debt and cash flow problems, Air India still wants to take delivery of 27 Boeing 787s, the airplane builder’s latest marvel.

Air India had originally placed the order with Boeing for 787 'Dreamliner' back in 2005, when the Indian carrier was doing better financially. But now with the airline struggling and in the middle of a government bailout plan, said government is only comfortable allowing the airline to take delivery of 14 787s.

Air India is saying that getting all the planes they ordered is important for the airline going forward:

“Dreamliners are a prominent part of our turnaround plan and we want all 27 aircraft to join our fleet. This aircraft will be able to fill the much needed requirement of a medium-haul fleet,” said a senior Air India official, who did not want to be identified.

Air India is also asking Boeing to knock off as much as $1 Billion dollars off their purchase price of the Dreamliners because of significant delays in having the new planes ready.
Reports say the government will decide soon on how many of the 787s they take.

Personally, I wouldn’t give them all 27 planes. Show me you can get back in the black first and then you can have some planes!

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