Air India has issued a fresh global tender for the lease of 19 new Airbus A320 aircraft, after the financially troubled airline’s first bid in August failed to attract any lessors.
“As part of its effort to reduce costs and optimize revenue, Air India intends to procure new A320s with Sharklet fuel-saving wing-tip devices, powered by CFM56-5B4/3 PIP engines, on dry lease for a lease period of maximum up to 12 years, up from the six-year lease period it planned in August,“ an airline spokesman tells Aviation Week. The airline will accept bids until Nov. 19.
Air India had issued a tender for the lease of 19 CFM56-powered A320 Sharklet-equipped aircraft in August as part of its plans to reduce losses.
The Air India spokesman did not provide any reasons for the lackluster response to the first tender.
“Deliveries of aircraft should commence preferably starting in the fourth quarter of the current financial year ending March 31, 2014, with subsequent induction in a phased manner,” the spokesman says. “However, earlier deliveries will also be considered,” he adds.
25/10/13 Jay Menon/Aviation Week
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“As part of its effort to reduce costs and optimize revenue, Air India intends to procure new A320s with Sharklet fuel-saving wing-tip devices, powered by CFM56-5B4/3 PIP engines, on dry lease for a lease period of maximum up to 12 years, up from the six-year lease period it planned in August,“ an airline spokesman tells Aviation Week. The airline will accept bids until Nov. 19.
Air India had issued a tender for the lease of 19 CFM56-powered A320 Sharklet-equipped aircraft in August as part of its plans to reduce losses.
The Air India spokesman did not provide any reasons for the lackluster response to the first tender.
“Deliveries of aircraft should commence preferably starting in the fourth quarter of the current financial year ending March 31, 2014, with subsequent induction in a phased manner,” the spokesman says. “However, earlier deliveries will also be considered,” he adds.
25/10/13 Jay Menon/Aviation Week
