Sep 10, 2012

Boeing 777 Dry-lease: Will Air India Find Takers This Time?

MUMBAI: There seem to be no takers for the five Boeing 777s which the cash-strapped Air India is trying to dry-lease for 6-10 year period, apparently because of the poor seat configuration.

“The airline has floated tenders to lease out these B 777-200 LR (long range) aircraft as many as three times in the last nine months. But so far it has failed to clinch a deal due to the poor seat configuration,” Air India sources said.