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Aircraft orders face the axe, as Air India continues to bleed

6-Aug-2009

An Air India spokesperson has said, “Air India is in dialogue with Boeing for cancellation of six B-777 aircraft deliveries in 2010-11 and 2011-12, in view of the current global aviation scenario.” [1483 words]

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Subheadings:

  • Internal instability continues to feed on itself, as senior execs again reshuffled
  • Meanwhile, the rescue plan unfolds…
  • Will the unions play ball on realistic wage arrangements?
  • But the longer-term holds much better prospects – and has the bottom been reached?
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