Global lessors queue up to lease planes to Air India


As many as 14 global aircraft lessors have evinced interest in leasing planes to Air India, which seeks to replace its ageing narrow-body fleet with new fuel efficient planes. 
The state-run carrier would induct 19 new Airbus 320 neo/ ceo planes in the fleet by March 2018 on an up to 12-year dry lease as part of this plan, Air India sources told PTI. 
Of these 19, five are being leased from independent Chinese lessor China Aircraft Leasing Company, which has already delivered Air India the first sharklets-equipped A320ceo plane last week, they said. 
The remaining four will be inducted in the fleet by October this year. 


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