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BOEING COMPANY (THE)

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The Boeing Company : Boeing liable to compensate Air India over grounded Dreamliners: India minister

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01/18/2013 | 07:06am EST

NEW DELHI (Reuters) - Boeing Co. is liable to compensate state-run Air India for the grounding of 787 Dreamliner passenger jets on safety issues, Indian aviation minister Ajit Singh told reporters on Friday.

The lightweight, mainly carbon-composite aircraft has been plagued by mishaps, raising concerns over its use of lithium-ion batteries and forcing many airlines across the globe to ground them.

Poland's state-controlled LOT Airlines earlier said it would seek compensation from Boeing for grounding its two planes.

(Reporting by Anurag Kotoky; Editing by Prateek Chatterjee)

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Financials ($)
Sales 2019 111 B
EBIT 2019 14 886 M
Net income 2019 12 542 M
Debt 2019 6 109 M
Yield 2019 1,94%
P/E ratio 2019 18,81
P/E ratio 2020 16,64
EV / Sales 2019 2,17x
EV / Sales 2020 2,03x
Capitalization 235 B
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 440 $
Spread / Average Target 5,7%
EPS Revisions
Managers
NameTitle
Dennis A. Muilenburg Chairman, President & Chief Executive Officer
Jenette E. Ramos Senior Vice President-Supply Chain & Operations
Gregory D. Smith CFO, EVP-Corporate Development & Strategy
Theodore Colbert Chief Information Officer & SVP-Data Analytics
Gregory L. Hyslop CTO, Senior VP-Engineering, Test & Technology
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