Live
- Govt plans to establish offshore Johns Hopkins University Campus in India
- Goa Aces clinch Indian Racing League title
- Study finds how hormone therapy can reshape the skeleton
- High-street fashion players looking at India for manufacturing: Report
- Shreyas Iyer to lead Mumbai as Prithvi Shaw returns for Syed Mushtaq Ali Trophy
- 'Failed to resolve crisis': NPP withdraws support from BJP govt in Manipur
- Chennai: Actress Kasturi Remanded in Custody Until 29th of This Month
- Aaqib Javed likely to become Pakistan's new white-ball head coach
- BJP panel to draft poll charge sheet against AAP govt in Delhi
- Allu Arjun Thanks Fans in Patna, Teases 'Pushpa 2' Release
Air India set to induct 14 A320neo aircraft
The inaugural day of the India Aviation 2016 saw Air India sign an agreement with ALAFCO, a Kuwait-based leasing company for leasing 14 Airbus A320neo aircraft. The delivery of aircraft is likely to start from early next year.
Inks leasing agreement with Kuwait-based ALAFCO
Hyderabad: The inaugural day of the India Aviation 2016 saw Air India sign an agreement with ALAFCO, a Kuwait-based leasing company for leasing 14 Airbus A320neo aircraft. The delivery of aircraft is likely to start from early next year.
The deal was signed by Ashwani Lohani, CMD, Air India, and the Vice Chairman and CEO of ALAFCO Ahmad Al Zabin in the presence of CEO of CFM Paul Abanga and Philippe Combet, Vice President Sales, Airbus.
This induction is expected to augment Air India’s capacity in domestic market. Air India already has strong infrastructure maintenance facilities for the Airbus A320 family. The partnership between Air India and Airbus dates back to 1989 when the erstwhile Indian Airlines became the launch customer to induct the Airbus A320.
“This is a very important partnership for Air India. The A320 aircraft will add strength to our existing fleet and enhance our role as a major player in the domestic market,” said Air India chief Lohani.
These A320neo aircraft will come fitted with the new generation CFM leap engines which will reduce noise and emissions, enhance the operational efficiency and reduce fuel consumption by at least 15 per cent.
