<p>With Air India seeking a compensation package for the substantial delays in delivery of Boeing's Dreamliner aircraft, the US manufacturer today said it will "not write a cheque" for USD 500 million to the airline.<br /><br /></p>.<p>President and Chief Executive Officer of Boeing's commercial airplane unit Jim Albaugh said he had read reports coming from India.<br /><br />"I think if we settle for 500 million dollars somebody would have told me. We do not comment on deals that we have done, but I can tell you that we are not writing anybody a cheque for 500 million dollars," he said when asked about the reports of it paying compensation to Air India.<br /><br />Speaking at the JP Morgan aviation and defence conference here today, Albaugh said he had read similar reports six months ago which had claimed that Boeing could pay a billion dollars as compensation to the Indian carrier.<br /><br />Yesterday, Joint Secretary in India's Ministry of Civil Aviation Prashant Shukul had told reporters in Hyderabad that while state-owned Air India had demanded a billion dollar compensation from Boeing, the Chicago-based aircraft maker has agreed to pay USD 500 million.<br /><br />Shukul, who was speaking on the sidelines of the India Aviation 2012 on Wednesday, said the government is trying to push Boeing to pay more.<br /><br />Air India has sought a compensation package, a mix of both discount in services and cash, from Boeing for delay in the delivery of its 787 Dreamliners.<br /><br />Air India had ordered 27 Dreamliners in 2005 and Boeing failed to stick to the delivery schedule. As per the original schedule, Boeing was to start delivery from September 2008.<br />Albaugh said the GE certification for the 787 aircraft has been completed a week ago and the first aircraft with the GE certificate will be delivered to Air India in the weeks to come.</p>
<p>With Air India seeking a compensation package for the substantial delays in delivery of Boeing's Dreamliner aircraft, the US manufacturer today said it will "not write a cheque" for USD 500 million to the airline.<br /><br /></p>.<p>President and Chief Executive Officer of Boeing's commercial airplane unit Jim Albaugh said he had read reports coming from India.<br /><br />"I think if we settle for 500 million dollars somebody would have told me. We do not comment on deals that we have done, but I can tell you that we are not writing anybody a cheque for 500 million dollars," he said when asked about the reports of it paying compensation to Air India.<br /><br />Speaking at the JP Morgan aviation and defence conference here today, Albaugh said he had read similar reports six months ago which had claimed that Boeing could pay a billion dollars as compensation to the Indian carrier.<br /><br />Yesterday, Joint Secretary in India's Ministry of Civil Aviation Prashant Shukul had told reporters in Hyderabad that while state-owned Air India had demanded a billion dollar compensation from Boeing, the Chicago-based aircraft maker has agreed to pay USD 500 million.<br /><br />Shukul, who was speaking on the sidelines of the India Aviation 2012 on Wednesday, said the government is trying to push Boeing to pay more.<br /><br />Air India has sought a compensation package, a mix of both discount in services and cash, from Boeing for delay in the delivery of its 787 Dreamliners.<br /><br />Air India had ordered 27 Dreamliners in 2005 and Boeing failed to stick to the delivery schedule. As per the original schedule, Boeing was to start delivery from September 2008.<br />Albaugh said the GE certification for the 787 aircraft has been completed a week ago and the first aircraft with the GE certificate will be delivered to Air India in the weeks to come.</p>