Air India intends to acquire 14 Airbus A320s on lease for up to six years to replace some of its aging aircraft and strengthen its domestic service.
“The selected lessors should be able to supply on dry-lease up to three of these airplanes in 2014-15, up to five till 2015-16 and six till 2016-17,” an Air India official says.
The national carrier, which has been running on losses, will also additionally re-issue a bid shortly for dry lease of up to 14 new Airbus A320 aircraft, powered by CFM56-5B4/3 PIP engines and equipped with Sharklets.
“Air India will require a total number of 14 A320 aircraft on dry lease– old aircraft as per the current tender and new aircraft as per the tender to be floated. Air India reserves the right to select either old aircraft or new aircraft or a combination of both or reject fully or partly any bid submitted pursuant to this tender,” the official adds.
The airplanes, in an all-economy configuration with 188 seats, are being leased in a bid to combat heightened competition on domestic routes.
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