Financial Daily from THE HINDU group of publications
Saturday, Jan 21, 2006
Financial Daily from THE HINDU group of publications Saturday, Jan 21, 2006 |
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Airlines Logistics - Airlines IA extends date for leasing of wide-body aircraft Our Bureau
New Delhi , Jan. 20 INDIAN Airlines has extended by two weeks the closing date for dry leasing 12 wide-body aircraft. The airline, which is to decide from among the Airbus A-330, Airbus A-340, Airbus 310-300 and Boeing 767 Extended Range and Boeing 777 aircraft, will now accept offers for leasing these aircraft till January 31. It plans to lease the aircraft for a period of between five and seven years and is looking to take delivery of the same during a one-year timeframe starting next month. The induction of the aircraft could see the airline look at the option of operating flights to the UK, the US, Canada and Australia. The Government has designated IA to operate flights to Australia and the US. Besides, the airline has received permission to commence operations to the UK. However, it does not have the equipment as yet to start services to these countries for which it plans to lease wide-body aircraft.
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