As if Indian airlines did not have enough problems already, now they seem to have organized themselves into a circular firing squad. Bleeding red ink, India's private carriers are engaged with debt-ridden Air India in a fierce price war.
NEW DELHI — Israel’s Rafael will spotlight its Iron Dome counter-rocket system at the Aero India 2013 exposition. India has been showing interest in the combat-proven active defense system, which can intercept short-range artillery rockets. The Israeli air force deployed the system in 2011 after the country decided to develop a mobile air defense system following the second Lebanon War in 2006.
National carrier Air India has invited bids for the sale and leaseback of all its newly acquired Boeing 787 aircraft from prospective lessors by the first week of February. All the six 787 aircraft Air India bought have been grounded since Jan. 17 on a directive from the U.S. FAA following two separate battery failures in 787s operated by Japan Airlines and All Nippon Airways. In a Request for Proposal (RFP), dated Jan. 23, the airline has invited quotations from lessors on or before Feb. 5.