There seems to be no takers for leasing Boeing-777s from Air India, which plans to wet-lease six of them for up to two years owing to a demand-supply mismatch.
“Inquiries are coming but the rentals they are quoting are much less than our expectations,” sources in the airline told PTI here on Sunday. This has forced the airline to extend the date for submitting bids for the third time last week to January 29.
The ailing national carrier had invited requests for quote (RFQs) to lease out these wide-body Boeing 777s last November in its bid to mop up some additional funds amidst huge financial losses. The flag carrier is awaiting a government bail out now.
Of the six aircrafts, which are 2007 manufactured, three are Boeing 777-200s (long range, LR) and the remaining ones are Boeing 777-300s (extended range, ER).