New Delhi: Etihad Airways and a German aircraft lessor are separately bidding for five of the world’s longest-range jetliners from Air India Ltd, which has scaled back plans to expand nonstop flights to North America. A person familiar with the matter said on Friday that the two bids are being evaluated by Air India and will be submitted to its board for approval.
The person, who declined to name the German company, added that Cameroon Airlines Corp, which had earlier expressed an interest in the five planes, didn’t submit a bid.
The Indian flag carrier put the five Boeing 777-200 Longer-Range planes up for sale, as high jet fuel prices and weak demand from Indian travellers forced it to ditch plans to operate some nonstop long-distance flights to North America. It tried to lease the planes in 2011 but found few takers.
04/10/13 Santanu Choudhury/Gulf News
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The person, who declined to name the German company, added that Cameroon Airlines Corp, which had earlier expressed an interest in the five planes, didn’t submit a bid.
The Indian flag carrier put the five Boeing 777-200 Longer-Range planes up for sale, as high jet fuel prices and weak demand from Indian travellers forced it to ditch plans to operate some nonstop long-distance flights to North America. It tried to lease the planes in 2011 but found few takers.
04/10/13 Santanu Choudhury/Gulf News
