Published on : Friday, June 17, 2016
The airline which is working on its turnaround plans is looking to ramp up its fleet with the more fuel-efficient A320 neos (new engine option). This will be the second instance for doing the same.
In March, Air India inked a pact with a Kuwait-based firm to lease 14 A320 neos, whose delivery would start from early next year.
Now, the national airline has sought bids for dry leasing seven new A320 neos for a period of up to 12 years. These aircraft should be delivered before June 30, 2018, according to a tender document issued by Air India.
Last year, the airline inducted five new A320 aircraft on dry lease and has firmed up the leasing of 22 A320 neo planes fitted with CFM engines. These are expected to be delivered between January 2017 and March 2019.
At present, Air India has 68 aircraft of A320 family while the total fleet size is 108. It also has Boeing 747s, 777s and Dreamliners.
Air India group has a combined fleet of 132 aircraft at present.
However, the Government-run airline also plans to phase out its aged A320 fleet around the same time.
As many as four classic A320s of the total 15 aged planes are expected to go out of the fleet during this fiscal while the rest will be phased out in a time-bound manner over the next 2-3 years.
Tags: air india