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Business: In brief

Boeing's first delivery of a 787 Dreamliner outside Japan is expected to proceed soon, after an agreement with Air India regarding three-plus years of delays.
Published: June 12, 2012
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In brief

Dreamliner

a go in India

Boeing's first delivery of a 787 Dreamliner outside Japan is expected to proceed soon, after an agreement with Air India regarding three-plus years of delays.

India's national flag carrier still faces financial and labor trouble at home, where the Indian aviation market is in turmoil despite healthy projected long-term growth.

As airlines there jockey for position in an uncertain future, a high-stakes battle for a key Indian order looms between Boeing's 737 MAX and Airbus' A320neo.

Air India is bleeding billions of dollars, its pilots are on strike, and many of its long-haul routes are suspended. Among India's airlines, only low-cost carrier IndiGo is not losing money. Kingfisher Airlines is near collapse and seeking a foreign buyer.

But one premium Indian airline, Jet Airways, is looking to grow and plans to place a critical order.

Associated Press


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