Tuesday, October 23, 2018

Air India's 15 planes sitting idle due to lack of spare engines, likely to be back in skies by December

As many as 15 narrow-body aircraft of Air India Ltd are on ground due to lack of spare engines but the airline hopes to put these back into service by December driving on expectations of a constant flow of funds, a senior government official told CNBC-TV18.

"Less than 10 percent of our fleet... about 15 A320s are on ground but the cash situation is improving and these should be back into operations by December," the official said on the condition of anonymity.

The planes will be used for strengthening the domestic network and for short overseas routes, the official added.

The grounded planes result in a substantial loss of revenue for the carrier due to the idle capacity and flight cancellations.

The airline has a total of 163 aircraft in its fleet, including 76 narrow-body planes, according to the company website.

In September, the PTI reported that the debt-laden Air India had grounded as many as 19 aircraft, including nine Airbus A321, due to wanting of spares. The carrier had then said a day later, that the aircraft grounding for maintenance was a common practice.
23/10/18 Anu Sharma/CNBC TV18

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