Air India seeks 777-200LRs lease again

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Air India has returned to the market as it seeks to offload up to five out of its eight Boeing 777-200 LR aircraft from its fleet.

The carrier issued a request for proposal covering the sublease of up to five 777-200 LR aircraft for six to 10 years periods. The aircraft are on a US Ex-Im Guaranteed financing, the airline said in the tender documents.

Bids are due for 6 March.

Air India operates four 777-200LRs (MSNs 36300, 36301, 36302 and 36303) that were manufactured in 2007. Another aircraft, MSN 36304, was built in 2008 while the remaining three (MSNs 36305, 36306 and 36307) are 2009-vintage aircraft.

In January this year Air India invited offers for the dry lease of five 777-200LR aircraft with leases between eight and 10 years.

Under the new RFP, aircraft will be delivered from 1 July 2012 onwards.