Press Esc to close
Sunday 02 August 2015
News updated at 3:43 PM IST
Weather
Max: 32°C
Min : 20°C
In Bengaluru
Rain lightly

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

NEW DELHI, Nov 16, 2012 , (Reuters) -

Air India AIN.UL has scrapped plans to sell some of its Boeing 777 planes after the national carrier failed to find a buyer, a senior government source said.

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.


Go to Top

Photo Gallery
Players in action during a Pro Kabaddi League match between Daband Delhi (Red) and U Mumbai...

Players in action during a Pro Kabaddi League match between Daband Delhi (Red) and U Mumbai...

Models during the India Couture Week 2015 in New Delhi on Saturday...

Models during the India Couture Week 2015 in New Delhi on Saturday...

People pay homage at the grave of former president APJ Abdul Kalam in Rameswaram...

People pay homage at the grave of former president APJ Abdul Kalam in Rameswaram...

Amitabh Bachchan and Kangna Ranaut during a commercial shoot...

Amitabh Bachchan and Kangna Ranaut during a commercial shoot...

Damaged houses in Gamru village after massive landslides in Dharmsala...

Damaged houses in Gamru village after massive landslides in Dharmsala...

Villagers wade through a flood waters at Keshpur village in West Midnapore district of West Bengal.

Villagers wade through a flood waters at Keshpur village in West Midnapore district of West Bengal.

Student Police Cadets (SPC) posing the photo in front of Mahatma Gandhi statue...

Student Police Cadets (SPC) posing the photo in front of Mahatma Gandhi statue...

A kid gets ready for the performance during an event of 'Save the Tiger' campaign at Lalbagh...

A kid gets ready for the performance during an event of 'Save the Tiger' campaign at Lalbagh...

Save Tigers Environment awareness programme...

Save Tigers Environment awareness programme...

On the eve of Dogs Friendship day proud owners'of the pets gathered with their dogs...

On the eve of Dogs Friendship day proud owners'of the pets gathered with their dogs...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523