Air India invites global tender for A-320s


DELHI
Air India’s plan to take on no-frill carriers has hit a roadblock after it failed to attract any lessor for leasing of 19 Airbus A-320 aircraft and has now invited a fresh global tender for it.

In its fresh bid, the airline intends to procure new A320s with Sharklet, a fuel-saving wing-tip device, powered by CFM56-5B4/3 PIP engines, on dry lease for a lease period of maximum up to 12 years, up from the six-year lease period it planned in August.

The airline would be accepting the bids till November 19.

The national carrier had in its August tender invited global technical and financial bids for dry-leasing these planes, with the technical bids to be opened in September.

Full report here Financial Express

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