Air India Ltd. will soon get its hands on all 4 ‘composite-plastic’ Dreamliner 787s assembled this year in Boeing’s brand new South Carolina plant as the plane maker is ready to deliver.
Yesterday, the first one rolled out from a hanger covering an area of 1.24 million square foot in Charleston, South Carolina. The jet will start its test run in approximately 3-4 weeks and in midyear, the delivery will be made to Air India, according to Jack Jones, vice president, Boeing South Carolina.
Air India demanded a compensation package of 1 billion dollars due to production delays. Boeing’s ‘Commercial Airplane Division’ chief, Jim Albaugh refused to say anything about Air India’s demands. But in a meeting with Boeing employees and politicians of South Carolina, he did say that the jets they would be delivering are worth the wait.
Last month, he argued about a statement made by the government of India claiming that the jet maker would pay $500 million as compensation for the delay to the delivery, which actually was scheduled in May 2008.
In February, Air India wanted $1 billion. But earlier in August 2006, they announced a demand for compensation worth $840 million.
Yesterday, in Mumbai, Air India spokesman, K. Swaminathan declined to make any comment about their position before the formal statement came regarding taking the delivery.
Boeing is giving its production a big boost by 60 percent in the next 4 years and the plane maker aims to complete all the orders pending, by 2014.
This week, Boeing reiterated its plan for delivering 70 to 85 of 787s and 747s in this year. And of those 85 planes, almost half consists of ‘composite-plastic’ Dreamliner 787s.
Boeing targets to accelerate its production rate of the ‘twin aisle’ carriers to 10 units per month by late 2013. Jones said that the new facility in South Carolina that started last year will assemble 3.5 jets a month by early 2014.
Boeing spokesman, Marc Birtel said that the company delivered all the 11 787s to ‘Japan Airlines Co.’ and ‘All Nippon Airways Co.’. The deal was worth $193.5 million.
The delivery of five Dreamliners in this quarter gave the thrust Boeing needed to get ahead of Airbus SAS’s 131. The Chicago based company is determined to regain the huge commercial sales it lost back in 2003.
- Written by Navid Iqbal
- Category: Companies