Air India Ltd plans to lease 40 new planes from Canada's Bombardier and France's Airbus. it seeks to lease between 16 to 20 Bombardier CRJ-700 planes for five years with an option to extend the lease by two years. Air India has also invited lease quotes for 10 Airbus A330 aircraft and 10 A320s, it said in a tender document as per agencies reports.
Air India operates a fleet of 135 aircraft, 27 of which are leased. Air India has also sought an additional 20 billion rupees from the government to cut debt and expand. India's airlines are seeking to raise capacity by adding fleet to meet increased demand for air travel.
» Read Complete News.....(You need to login first to read complete news). New User? Register for FREE!
» Back to Travel News