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Air India, Jet Airways India to lease 35 Airbus planes

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Air India, Jet Airways India to lease 35 Airbus planes

2010-12-08 01:17:03 GMT+7 (ICT)

NEW DELHI (BNO NEWS) -- Air India and Jet Airways India Ltd. have agreed to lease 35 Airbus planes from leasing companies, Airbus said. Air India has decided to lease 10 A330 planes and 15 A320s. Meanwhile, Jet Airways will lease 10 A330s.

Airbus said the 25 planes that Air India plans to eat on lease have a list acquisition cost of $3.1 billion, while the 10 planes chosen by Jet Airways have a list acquisition cost of $1.9 billion.

A spokesman for Airbus said the deals are, however, possibly being done directly on the leasing firms and are unlikely to give new firm to Airbus. "The carriers will choose an engine supplier and also a leasing business during the near future," Airbus said.

Ragini Chopra, a spokeswoman for Mumbai-based Jet Airways India said the airline is planning to lease the 10 A330s to expand its international operations. "We are in talks with numerous leasing firms for your aircraft."

The first two A330s are going to be leased among January and June 2011, while the rest are going to be leased in 2012 for use on long-haul routes.

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-- © BNO News All rights reserved 2010-12-08

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