GoM approves Air India's Boeing delay compensation

AIR-INDIA-BOEING:GoM approves Air India's Boeing delay compensation

A ministerial panel has approved an undisclosed compensation package from Boeing Co for delayed delivery of Dreamliner aircraft for state-run Air India, Aviation Minister Ajit Singh said on Wednesday.

The package must now be cleared by the cabinet, Singh added.

Deliveries of the 787 Dreamliners are caught up in a dispute between the U.S. planemaker and India over compensation to the carrier, after production of the planes was delayed by four years.