Delivery of Boeing 787 Approved
The Cabinet Committee on Economic Affairs has approved the proposal of Ministry of civil aviation as per following; Firstly Air India be allowed to take the delivery of 27 numbers of B-787 aircraft after signing the Delay Compensation Settlement Agreement. Secondly the issue relating to compensation for failure to meet performance guarantees has been delinked from the Delay Compensation Settlement Agreement, which shall be negotiated separately by an Empowered Group of Officers after actual evaluation of the performance of the delivered/inducted B-787 aircraft. The Ministry of Law & Justice would examine and endorse the enabling legal provisions or aspects of the negotiations.
Air India would derive the benefits on account of the induction of the latest state-of-art technology Boeing aircraft which are more fuel efficient than its’ competitors