India’s federal government likely will allow cash-strapped Air India to acquire 27 Boeing 787s and three Boeing 777-300ERs after the U.S. Export-Import Bank (Ex-Im Bank) decided to provide $1.3 billion in loan guarantees supporting Boeing commercial aircraft sales to the state-run carrier.
NEW DELHI — India’s defense ministry on Oct. 7 approved the offset proposals of the two short-listed vendors in its $11 billion Medium-Multi-Role Combat Aircraft program, paving the way for the opening of commercial bids. According to a defense ministry official, bids should be opened in the next few days for the Eurofighter consortium’s Typhoon and Dassault’s Rafale, though no specific time frame was given. The original tender was issued by the defense ministry in August 2007.
NEW DELHI — On Oct. 7, an Indian air force (IAF) MiG-21 combat aircraft went down, marking the sixth crash of the fighter for the IAF this year. The aircraft crashed in India’s western state of Rajasthan during a routine sortie around 11.30 a.m. local time while the pilot was preparing to land, a defense ministry spokesman says. The pilot ejected to safety. The IAF first purchased MiG-21s in 1961 and has operated more than 400 of the aircraft. More than 100 of the fighters were lost in crashes from 1993-2002.