Air India sends new 777 dry lease tender

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Air India has returned to the marketplace with a tender for up to five Boeing 777-200LR aircraft offered on a dry lease basis.

The Indian carrier first approached operators with a tender in June but postponed the bids to a later date. Four of the aircraft, with the registrations VT-ALA, VT-ALB, VT-ALC, and VT-ALD, were manufactured in 2007. The fifth, VT-ALE, was manufactured in 2008. The remaining three aircraft were built in 2009.

The aircraft were acquired under US Export-Import Bank financings and are being offered as sublease.

Under the terms of the new tender, Air India is seeking a dry lease agreement for a period of six-to-10 years. Bids are due 24 September.