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Air India to sell three Boeing 777s

Last Updated: Thursday, April 17, 2014, 20:39

Air India today declared its intent to sell three of its Boeing 777s for mopping up resources to stem its liabilities, barely four months after selling five of these planes to Gulf carrier Etihad Airways.

Air India to sell three Boeing 777s

Last Updated: Thursday, April 17, 2014, 19:04

Air India Thursday declared its intent to sell three of its Boeing 777s for mopping up resources to stem its liabilities, barely four months after selling five of these planes to Gulf carrier Etihad Airways.

Air India to use proceeds from Boeing 777 sale to pay off loan

Last Updated: Sunday, February 16, 2014, 10:35

Air India, which is in the process of selling five Boeing 777 aircraft to Etihad and carrying out sale-leaseback of its Dreamliners, would use the proceeds to pay off aircraft loans and meet working capital needs.

Air India gets CCEA nod for sale of 5 Boeing aircraft to Etihad

Last Updated: Thursday, December 26, 2013, 14:05

Air India can now go ahead with the sale of its five long-haul Boeing 777 aircraft to Etihad Airways, with the government giving its nod to the deal Thursday.

Govt decision on sale of Boeing 777 aircraft to Etihad soon

Last Updated: Tuesday, December 24, 2013, 19:13

The sale of five long-haul Boeing 777 aircraft of Air India to Etihad Airways is likely to come up before the Union Cabinet for approval soon, official sources said Tuesday.

Air India to focus on making Dreamliners its workhorse

Last Updated: Wednesday, May 15, 2013, 12:21

Air India is set to replace all its eight Boeing B-777 (LR) aircraft with the help of the US aircraft manufacturer and make the B-787 Dreamliners its workhorse over the next few years.

Air India decides to sell 5 of 8 Boeing 777-200LR

Last Updated: Wednesday, May 08, 2013, 18:08

Air India has decided to sell five out of its eight Boeing 777-200LR aircraft owing to change in market dynamics due to global recession, steep increase in fuel prices and poor yields on non-stop routes, Parliament was informed Wednesday.

Air India puts five B777s on block, eyes $450 m from sale

Last Updated: Monday, November 26, 2012, 21:39

After failing to find any lessor for its five Boeing 777s, the debt-laden Air India is now planning an outright sale of these aircraft to raise up to USD 450 million (about Rs 2,500 crore), airline sources said.

Training for Boeing 777: HC notice to ICPA on AI's appeal

Last Updated: Tuesday, July 31, 2012, 17:48

The Indian Commercial Pilots Association (ICPA) was Tuesday asked by the Delhi High Court to respond to the Air India's appeal against a single judge's order which had restrained it from imparting training to its pilots for Boeing 777 to be used on international routes.

Air India to lease out fuel guzzling 777s

Last Updated: Tuesday, June 12, 2012, 15:38

Air India will lease out some of its fuel-guzzling Boeing 777s to private airlines to save on costs and restructure international operations.

Air India grounds bulk of Boeing 777 fleet

Last Updated: Friday, May 11, 2012, 15:47

National carrier Air India on Friday grounded the bulk of its Boeing 777 fleet as the pilots' agitation continued for the fourth day, an official said.