Mumbai: Air India on Friday met aircraft leasing companies to rework terms and conditions before it floats a tender to lease Airbus A320 planes for the second time, a senior executive said.
The meeting was called after the carrier failed to get sufficient response to its tender for leasing 19 of the planes even after extending the bidding deadline.
The executive didn't share details of what might be discussed, but the carrier may have to increase lease rentals than it had earlier planned to or lease them for a longer tenure.
Air India plans to lease brand new planes to replace older ones of the A320 family in its fleet, a move that will help it reduce maintenance costs and operate more fuel-efficient flights.
16/09/13 Anirban Chowdhury/Economic Times
To Read the News in full at Source, Click the Headline
The meeting was called after the carrier failed to get sufficient response to its tender for leasing 19 of the planes even after extending the bidding deadline.
The executive didn't share details of what might be discussed, but the carrier may have to increase lease rentals than it had earlier planned to or lease them for a longer tenure.
Air India plans to lease brand new planes to replace older ones of the A320 family in its fleet, a move that will help it reduce maintenance costs and operate more fuel-efficient flights.
16/09/13 Anirban Chowdhury/Economic Times
