Tuesday, January 14, 2014

Air India hopes to conclude deals on 14 of its Dreamliners

Mumbai: Air India hopes to conclude the sale and lease back process for 14 of its Boeing 787 Dreamliner aircraft by March this year, official sources said today.
"We have already issued tenders for seven more Boeing 787 planes which we want to conclude by March this year," the sources said here.
Two of these Boeing 787s have already been sold to global banking firm Investec and leased back, while two more would be sold this month to the same bank for leaseback, the sources said, adding "we have three more coming up next month which would be sold to and leased back from Deutsche Bank."
With the leaseback of the first lot of seven Dreamliners finalised, Air India has now issued tenders for seven more for which it wants to conclude the process by March, taking the total to 14, they said.
13/01/14 PTI/Economic Times
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