Air India is planning to cut down its order for Boeing 787 Dreamliners to 12 from its original 27-jet order announced in 2005, according to sources familiar with the subject.
The cancellation is a result of the airline’s financial losses, as it was incapable of buying all the aircraft worth nearly Rs200bn ($4bn).
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The 12 planes will be acquired in phases over three years with the first plane due for delivery in December 2011.
