Air India Mulls Financing Offers For Second Lot Of Boeing Jets

New Delhi: Air India, the country's flag carrier, Thursday said it is evaluating offers to finance the second lot of aircraft which are scheduled to be delivered by Boeing Co. (BA) from early 2008.
Other financing options, such as sale and lease back, are also being considered, Air India said in a statement, without identifying the parties who made the financing offers.
It also said that the National Aviation Co. of India Ltd., which controls Air India, has tied up with KFW Bank for the financing of 22 Airbus aircraft which are valued at about $1.1 billion.
"The U.S. Exim Bank will also be refinancing in the first week of November other aircraft which have already been bought by Air India and 10 B737-800 aircraft acquired by Air India Express," the statement said.
01/11/07 Dow Jones/CNNMoney.com

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