New Delhi: National carrier Air India will phase out by next year six of its old, problematic Airbus A319s that have been in operations for about 30 years, replacing them with new Airbus A320neos (new engine option). India’s number one carrier, IndiGo, ordered 250 A320neos in October this year.
The decision was taken at a board meeting on December 11. The board also decided, in-principle, to prepare a road map for 14 more A320neo, for which it would negotiate seperately with Airbus, said a top Air India official.
The airline decided that three of these planes will be taken under a leaseback arrangement — the seller leases it back from the purchaser for the long term and continues to use it without actually owning it.
The decision comes after the airline’s failure to attract bidders last year, even as it issued a fresh global tender for the lease of 19 new A320s.
18/12/14 Indian Express
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The decision was taken at a board meeting on December 11. The board also decided, in-principle, to prepare a road map for 14 more A320neo, for which it would negotiate seperately with Airbus, said a top Air India official.
The airline decided that three of these planes will be taken under a leaseback arrangement — the seller leases it back from the purchaser for the long term and continues to use it without actually owning it.
The decision comes after the airline’s failure to attract bidders last year, even as it issued a fresh global tender for the lease of 19 new A320s.
18/12/14 Indian Express
