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http://ch-aviation.ch/portal/news/24404 ... aise-800mnAir India looking to sell seven B787-8s in bid to raise $800mn
http://www.thehindu.com/business/Indust ... epage=true
Air India defends sale of aircraft to Etihad
‘If we had waited to sell, it [the aircraft] might not have realised these prices in the coming years’
Having received flak for deciding to sell five of its seven year-old Boeing 777-200 Long Range (LR) aircraft to Etihad Airways at a “loss”,
Air India (AI) has defended its move by saying that it would result in an annual saving of $100 million.
The government has cleared AI’s decision to sell these aircraft. They will be delivered to Etihad between January 15 and April 2014. The remaining three 777-200 LRs will be disposed of in the coming years after going through a tender process.
