markis10
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Air India, meanwhile, seems to have jumped the gun and sent its team to Charleston to pick up the aircraft.
“While the cabinet has approved it (the contract) and there should be no objections, the law ministry has to still clear the wording and the final contract. It is still not very clear when this will happen,” the official added. “What do we pay Boeing without this contract?”
Air India cannot release any payments to Boeing till the contract is approved by the law ministry.
The three Dreamliners meant for Air India are ready and parked at Boeing’s South Carolina factory. A fourth was preparing for its maiden flight when its General Electric Co. engine blew up during a 28 July taxi test. Each plane has a list price of just over $200 million (around [FONT=RetinaDisplayCond-Medium_Rupee]Rs.[/FONT]1,100 crore).
AI team sent to fly Dreamliner back stuck over payment delay - Corporate News - livemint.com
“While the cabinet has approved it (the contract) and there should be no objections, the law ministry has to still clear the wording and the final contract. It is still not very clear when this will happen,” the official added. “What do we pay Boeing without this contract?”
Air India cannot release any payments to Boeing till the contract is approved by the law ministry.
The three Dreamliners meant for Air India are ready and parked at Boeing’s South Carolina factory. A fourth was preparing for its maiden flight when its General Electric Co. engine blew up during a 28 July taxi test. Each plane has a list price of just over $200 million (around [FONT=RetinaDisplayCond-Medium_Rupee]Rs.[/FONT]1,100 crore).
AI team sent to fly Dreamliner back stuck over payment delay - Corporate News - livemint.com