New Delhi: State-owned Air India will dry lease up to 15 narrow body planes from Airbus to augment its A320 fleet in the face of competition in the rapidly growing domestic market which recently witnessed fastest growth among seven major aviation markets including the US, China and Russia.
The airline, which currently has 66 Airbus A320s in its fleet, among other planes such as Boeing, intends to induct the leased A320 aircraft by December next year, according to Air India today. The fleet strength of the airline is around 125.
The aircraft will be taken on a lease for period of up to 12 years and it may include both new as well as old planes (not older than six years), the airline said. Deliveries of these aircraft are to be made between April-December next year.
Air India is open to lease both A320ceos (current engine option) and the new fuel-efficient A320neos (new engine option), the airline said in the invitation for bids.
11/01/16 PTI/Economic Times
To Read the News in full at Source, Click the Headline
The airline, which currently has 66 Airbus A320s in its fleet, among other planes such as Boeing, intends to induct the leased A320 aircraft by December next year, according to Air India today. The fleet strength of the airline is around 125.
The aircraft will be taken on a lease for period of up to 12 years and it may include both new as well as old planes (not older than six years), the airline said. Deliveries of these aircraft are to be made between April-December next year.
Air India is open to lease both A320ceos (current engine option) and the new fuel-efficient A320neos (new engine option), the airline said in the invitation for bids.
11/01/16 PTI/Economic Times
