Boeing Co. and the Indian government clashed in a rare public dispute over whether the jet maker had agreed to pay up to $500 million for delays in delivering its new 787 Dreamliner jet.
A senior Indian government official said Wednesday that Boeing had been asked to pay nearly $1 billion to state-owned carrier Air India Ltd. "We met Boeing two weeks ago, and they agreed to a [compensation] amount of up to $500 million, but we have asked for more," Prashant Sukul, joint secretary of the country's aviation ministry told reporters.
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