Air India’s mega jet deal with Airbus, Boeing held up by engine-cost debate

Times of India

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Air India's mega jet deal with Airbus, Boeing held up by engine-cost debate

CFM International, the General Electric Co. and Safran SA joint venture, is reluctant to offer big discounts on engines and maintenance that typically accompany mega orders, according to people familiar with the negotiations. The deadlock centers on the hourly rates Air India would pay for repairs, said one of the people, asking not to be identified as the deliberations are private.