Air India to sell three Boeing 777s

Air India today declared its intent to sell three of its Boeing 777s for mopping up resources to stem its liabilities, barely four months after selling five of these planes to Gulf carrier Etihad Airways. The airline offered three Boeing 777-200 Long Range airplanes, powered with GE 90-110 engines, for outright sale through competitive global bidding, Air India sources said a day after a meeting of its Board here. The long-haul global routes flown by these aircraft would now be gradually… (zeenews.india.com) More...