Mumbai: National air carrier Air India has invited bids to put three of its Boeing 777 aircraft on sub-lease.
"We have plans to put three of our Boeing 777-200 (long
range) aircraft on sub-lease," sources in National Aviation
Company of India Limited (NACIL) said. NACIL is the holding
company formed after the merger of Air India and Indian
Airlines into one single entity.
The company has invited request for proposal from global
players for the purpose, they said adding bids would be
accepted till November 17.
The Boeings, manufactured in 2007, are to be sub-leased
for either short or long durations, sources said.
Under dry lease, an aircraft is leased by a company
without the crew, while a wet-leased plane would have the
crew, engineering facilities as well as insurance cover borne
by the lesser.
Bureau Report
First Published: Wednesday, November 04, 2009, 23:34