Monday, January 17, 2011

Air India Seeks to Lease as Many as 40 Airbus, Bombardier Planes on Travel

Air India Ltd., the operator of the nation’s flag carrier, has sought bids to lease as many as 40 Airbus SAS and Bombardier Inc. aircraft as it expands its fleet to benefit from rising air travel in the nation.

The carrier wants to lease 10 Airbus A320s, 10 A330s and as many as 20 CRJ-700 planes, according to tenders on its website. The Bombardier tender was posted on Jan. 14.

India’s Cabinet Committee on Economic Affairs in December approved an infusion of......

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