Reuters: Regulatory News: India ministers approve Boeing Dreamliner delay compensation

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India ministers approve Boeing Dreamliner delay compensation Jul 25th 2012, 10:55 NEW DELHI, July 25 | Wed Jul 25, 2012 6:55am EDT NEW DELHI, July 25 (Reuters) - An Indian ministerial panel has approved an undisclosed compensation package from Boeing Co for delayed delivery of Dreamliner aircraft for state-run Air India, the country's Aviation Minister Ajit Singh said on Wednesday. The package must now be cleared by India's cabinet, Singh added. Deliveries of the 787 Dreamliners are caught up in a dispute between the U.S. planemaker and India over compensation to the carrier, after production of the planes was delayed by four years.

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