Cash-strapped Air India is entitled to $145 million as partial compensation for delays in delivery of various aircraft ordered by the national flag carrier, says the country’s civil aviation minister, Vayalar Ravi. Ravi cited internal issues at Boeing for causing delays in the delivery of 737-800s and 777s by one to four months. Air India has been losing money since 2007, when it merged with Indian Airlines. High fuel costs and a $15 billion overhang of aircraft orders with Airbus and ...
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