The loss-making Air India’s efforts to cancel the deliveries of six Boeing aircraft has run into rough weather as the aircraft company Boeing is showing reluctance to cancel the order.
Instead the aircraft company, which is negotiating the cancellation, has suggested that Air India take the delivery of these aircraft for the time being and said that later it will assist in leasing the same to other airlines. “Air India is in the process of negotiating the deal with Boeing for the cancellation of these six aircraft. While Air India is keen on cancelling the order, Boeing has put forward a proposal whereby it has insisted that the aircraft delivery be taken and they could be later given on a dry lease to other airlines,” a top government official, on the condition of anonymity, told The Indian Express.
These six aircraft are part of the acquisition of 111 aircraft, payments for which have added to the airline’s financial woes. In its board meeting held in July, the airline had decided to cancel the deliveries of the six aircraft.
Global ad for COO
New delhi: The National Aviation Company of India Ltd (Nacil) is now scouting for global talent to help turn around its business operations and is even willing to pay market-linked salaries to the person at the helm. It has advertised in global newspapers including Financial Times for a chief operating officer (COO) to head the overall operations of Nacil. The COO will report to the company’s chairman and managing director Arvind Jadhav. The prospective candidate may be working in India or abroad and need not necessarily be from the public sector. ENS