Press Esc to close
Saturday 25 March 2017
News updated at 7:09 PM IST

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
Crime Branch officials display seized silver worth rupees 90 Lakh at a press conference in Thane...

Crime Branch officials display seized silver worth rupees 90 Lakh at a press conference in Thane...

Bollywood actress Jacqueline Fernandez during an event in Mumbai...

Bollywood actress Jacqueline Fernandez during an event in Mumbai...

An oil tanker catches fire at a petrol pump in Nongrim Hills, Shillong...

An oil tanker catches fire at a petrol pump in Nongrim Hills, Shillong...

Tibetan spiritual leader The Dalai Lama interacts with Australian cricket team captain Steve...

Tibetan spiritual leader The Dalai Lama interacts with Australian cricket team captain Steve...

Medical students form the sign of 'TB' as they observe World Tuberculosis Day in Shimla...

Medical students form the sign of 'TB' as they observe World Tuberculosis Day in Shimla...

Renowned Kathak dancer Jayanti Mala performing at the Taj Mahotsav in Agra...

Renowned Kathak dancer Jayanti Mala performing at the Taj Mahotsav in Agra...

Members of Maharashtra Association of Resident Doctors (MARD) show placards during a protest...

Members of Maharashtra Association of Resident Doctors (MARD) show placards during a protest...

Actor-Director Pooja Bhatt with 82-year-old Chandro Tomar popularly known as Revolver Dadi...

Actor-Director Pooja Bhatt with 82-year-old Chandro Tomar popularly known as Revolver Dadi...

A view of the Yadiyuru Lake in Bengaluru...

A view of the Yadiyuru Lake in Bengaluru...

The 485 km long Manali-Leh strategic road being cleared of snow by Border Road Organisation...

The 485 km long Manali-Leh strategic road being cleared of snow by Border Road Organisation...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523