New Delhi: Air India, which has decided to sell five of its Boeing 777-200 Long Range aircraft, estimates a total earning of over $ 336 million through this transaction.
The national carrier has decided to sell these aircraft "at a total consideration of $ 336.5 million with the approval of the government", Minister of State for Civil Aviation K C Venugopal said in Rajya Sabha today.
Observing that the airline had expected profitability out of operating these aircraft, he said their sub-optimal use led to "route-aircraft mismatch on the network resulting in uneconomic operations of B777-200".
With the induction of Boeing 787 Dreamliners in Air India which is "more fuel-efficient and more suitable for long routes", the airline decided to withdraw the B-777s from such routes.
11/02/14 PTI/Economic Times
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The national carrier has decided to sell these aircraft "at a total consideration of $ 336.5 million with the approval of the government", Minister of State for Civil Aviation K C Venugopal said in Rajya Sabha today.
Observing that the airline had expected profitability out of operating these aircraft, he said their sub-optimal use led to "route-aircraft mismatch on the network resulting in uneconomic operations of B777-200".
With the induction of Boeing 787 Dreamliners in Air India which is "more fuel-efficient and more suitable for long routes", the airline decided to withdraw the B-777s from such routes.
11/02/14 PTI/Economic Times
