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Air India is looking to raise $819 million (over ₹5,800 crore) to refinance existing bridge loans availed for six Boeing 787 and one Boeing 777 aircraft.
The national carrier is yet to have long-term financing facility for the air craft, according to a tender document.
Bids have been invited from banks and financial institutions.
Air India had acquired 27 B787-800 planes and 15 B777-300ER aircraft.
Out of them, 21 B787s are on sale and lease back while the remaining six are on short-term bridge loans.
Among the 15 B777 aircraft, one is on short-term bridge loan.
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