Air India to raise bridge loan of US 500 mn for buying 4 Dreamliners

Expecting deliveries of five more Dreamliners between May and November, Air India plans to raise bridge loan of USD 500 million to finance the purchase of four of these aircraft.

Boeing 787s to replace Air India`s A-330 fleet

National carrier Air India plans to replace its Airbus A-330s with with its newly-acquired Boeing 787 Dreamliner aircraft on many international routes, which will help the company save on fuel.

US federal agency asks to ground all Boeing Dreamliners

US federal aviation agency has asked America`s airlines to ground all the Boeing 787, popularly known as Dreamliner, due to safety hazard following a potential battery fire risk.