Air India Express to lease eight new aircrafts by 2016-17

AIR_INDIA_EXPRESSSINGAPORE: Air India Express, the low cost arm of the national carrier, will lease eight new aircraft by 2016-17, increasing its fleet to 25 while it adds more destinations.

“We have already signed three leases and five leases are in the process. We are taking brand new planes from leasing companies,” Chief Executive Officer K Shyam Sundar said here last night at a meeting of general sales agents.

“We are looking at a fleet of 36 aircraft in the next five years, adding 11 more planes which have been approved by the government,” he said.

Air India Express is deploying new economy class 189-seat planes – B737 800 NG.