Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Air India reviews Boeing 787 Dreamliner, no plan to ground fleet

Mar 12 2014, 21:57 IST
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Air India is reviewing the performance of its Boeing 787 Dreamliner fleet to see if they are using up fuel faster than expected, but has no plans to ground... (AP) Air India is reviewing the performance of its Boeing 787 Dreamliner fleet to see if they are using up fuel faster than expected, but has no plans to ground... (AP)
SummaryAir India is reviewing the performance of its Boeing 787 Dreamliner fleet to see if they are using up fuel faster than expected, but has no plans to ground...

Air India is reviewing the performance of its Boeing 787 Dreamliner fleet to see if they are using up fuel faster than expected, but has no plans to ground the aircraft, the state-owned carrier's chairman said on Wednesday.

Speaking at an Indian air show in the southern city of Hyderabad, chairman Rohit Nandan told reporters that Air India believed the planes were heavier than originally promised.

The carrier is collecting 18 months worth of data up to November this year to gauge if the plane is using more fuel than originally anticipated.

"As far as the fuel efficiency is concerned, when Air India received these planes, even at that time, we knew that the planes were heavier than what they were originally promised to be," he said.

Nandan said that Air India had already received compensation from Boeing for delivery delays. He did not put a figure on the amount.

A series of operational problems have dogged the Dreamliner, a high-tech jet largely made of carbon-fiber composite that is supposed to cut fuel consumption, since its delayed launch in 2011.

Nandan said he had been reassured that the glitches had not impacted safety. "These incidents are not unusual in a new fleet, in a new aircraft," he said.

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