Business Daily from THE HINDU group of publications Tuesday, Feb 06, 2007 ePaper |
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Logistics
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Airlines Indian leases B737-800 aircraft from AI Express Our Bureau
"The aircraft has been taken on a short-term lease of up to four months. The aircraft has been leased along with the crew," Dr Trivedi told newspersons. The state-owned carrier has also entered the market to lease not only 10 wide body Airbus A-330 aircraft but also some smaller aircraft to operate on regional routes. "We have already signed up for leasing two Airbus A-330 aircraft that shall be used to operate flights to Guangzhou and Melbourne. If we are able to get more wide-body aircraft then we could look at operating to Johannesburg and other international destinations also," the airline CMD said. Meanwhile, the airline has reported a net profit of Rs 36 crore during December last year. "If the profitability trend continues then it should help prop up the bottom line," airline officials said.
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