Reuters logo
Air India scraps plans to sell some Boeing 777 planes - source
November 16, 2012 / 6:42 AM / 5 years ago

Air India scraps plans to sell some Boeing 777 planes - source

NEW DELHI (Reuters) - Air India AIN.UL has scrapped plans to sell some of its Boeing (BA.N) 777 planes after the national carrier failed to find a buyer, a senior government source said.

Customers stand at an Air India reservation office at the domestic airport in Mumbai May 8, 2012. REUTERS/Vivek Prakash/Files

    Air India will now reconfigure some 777 planes to all-economy class and fly them to the Gulf region, which is expected to cut losses for the carrier, the source with direct knowledge of the matter, told reporters.

    The debt-crippled carrier, which has been under pressure to trim costs and is alive today thanks to the $5.8 billion taxpayers’ bailout, had offered to sale five 777 planes last month.

    Reporting by Anurag Kotoky; Editing by Gopakumar Warrier

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below