WikiLeaks: US embassy felt AI-Boeing deal was 'well-scripted'

The Comptroller and Auditor General (CAG) may not agree, but for the US embassy in New Delhi, the Air India–Boeing aircraft purchase agreement of 2005 was perfect, a scripted plan, jointly executed by its officials and those of the US aircraft manufacturer. The Boeing deal, worth $8.5-billion (Rs 39,500 crore), was to supply 50 wide-body B777-B787 aircraft, powered by GE engines, to government-owned AI. The embassy observations are part of a confidential official cable released by whistleblower website Wikileaks on August 30.

Read Full Story>>