Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Air India Chief Claims Boeing's Dreamliner Are Heavier Than Expected

Published 03/12/2014, 08:34 AM
Updated 03/12/2014, 08:45 AM
Air India Chief Claims Boeing's Dreamliner Are Heavier Than Expected

By Sneha Shankar - Air India is inspecting its fleet of Boeing 787 Dreamliners to check for performance issues and to test whether the jets are using up fuel faster than expected, news reports said Wednesday.

Rohit Nandan, chairman of India's state-run carrier, said at the ongoing air show in the southern city of Hyderabad that Air India knew that the Boeing (NYSE:BA) planes, which are made from lighter, composite materials not found in conventional airplanes, are seven tons heavier than they are supposed to be. To investigate if the planes are using up more fuel than the carrier had anticipated, Nandan said, Air India has collected data for the past 18 months through November 2013, but added that there were no plans to ground the aircraft yet, Reuters reported.

"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," Nandan said, according to Reuters.

Nandan added that Air India has received the compensation it expected from Boeing for delaying the delivery of its troubled 787 Dreamliners, but did not give an exact figure on how much the Chicago-based plane manufacturer had paid. India had originally sought $46 million as compensation from Boeing because of a three-year delay of the 27 planes ordered in 2005 by Air India for delivery in 2008. In February, local news reports said that Boeing offered $23 million as compensation and that Air India was continuing to negotiate with Boeing for a higher number.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Air India, like other carriers around the world, has faced several issues with the 787 Dreamliner, which was grounded by an FAA order early last year, after issues with the plane's lithium ion batteries. Air India's issues with its Dreamliner fleet include windshield cracks, overheating of on-board ovens, failed computers and one incident where the plane’s fuselage fell off on a flight bound from Delhi to Bangalore.

Between November 2012 and September 2013, Air India recorded 136 technical glitches in the planes, according to local reports. Last week, Boeing reported that it discovered “hairline cracks” in the wings of about 40 787 Dreamliners that are currently in production but claimed the finding would not affect its delivery schedule for 2014.

Nandan said that he had been reassured that the glitches have not compromised the plane's airworthiness and said: "These incidents are not unusual in a new fleet, in a new aircraft."

Air India plans to inaugurate 14 new Dreamliners by the end of March, which leaves another 13 to join the fleet in 2016.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.