The Economic Times : Binoy Prabhakar, ET Bureau Oct 26, 2011, 04.33am IST
New Delhi: The Air India board has recommended that the ailing state-run carrier purchase only 12 Boeing 787 Dreamliner planes compared with the original order of 27 aircraft placed in 2005, said a senior civil aviation ministry official familiar with the matter.
The board has proposed to the aviation ministry that the planes must be bought in phases over three years, said the official who didn't want to be named. The first plane is due for delivery in December.
A group of ministers led by finance minister Pranab Mukherjee will meet on Thursday to decide on the aircraft purchase order from US aircraft maker Boeing Co. The group is also expected to decide on additional equity infusion into Air India and approve a plan to turn around the carrier. Civil aviation minister Vayalar Ravi had told reporters in September that the airline, long reeling under losses, was incapable of buying all the 27 aircraft worth nearly 20,000 crore.
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