Air India Express mulls leasing some Jet Airways' Boeing 737s

Air India Express parent, Air India, is already discussing a proposal to lease five of Jet Airways wide-body planes, Boeing 777s.

Published: 22nd April 2019 10:49 AM  |   Last Updated: 22nd April 2019 10:56 AM   |  A+A-

Jet Airways planes. (Photo | EPS)

By PTI

MUMBAI: Air India Express, the international budget arm of Air India, is examining the possibility of leasing some Boeing 737 aircraft of grounded carrier Jet Airways, which are parked at different airports due to non-payment, through a firm decision is yet to be taken, a top company official said Sunday.

Before halting operations temporarily mid-last week due to severe cash-drought, the private carrier was forced to ground 69 planes owing to non-payment of rentals to lessors.

Later, on April 16, it grounded the rest of the planes in its fleet, when it decided to temporarily suspend all its domestic and international services.

Air India Express parent, Air India, is already discussing a proposal to lease five of Jet Airways wide-body planes, Boeing 777s.

ALSO READ | Shiv Sena asks government to take over Jet Airways

"We are looking at leasing (B737 of Jet Airways) aircraft but there is no firm decision on this issue so far.

As a matter-of-fact, there are a lot of other things that have to be looked at, like slots, sectors and timings, among others," Air India Express chief executive officer Shyam K Sunder told PTI over the phone from Kochi, the airline's headquarter.

When asked about the number of planes that his airline could induct from Jet Airways, he said, "We don't have a target number."

Air India Express, has its operations largely out of Kerala to the Gulf and South-east Asia.

Besides, it also operates some flights to these regions from North and Western India as well as on some domestic routes.

ALSO READ | Nasim Zaidi quits Jet Airways board, cites personal reasons, time constraints

It has a fleet of 25 Boeing 737 planes, of which 17 are owned and rest 18 are on lease.

The now out-of operations, Jet Airways also has B737s in the fleet.

Shyam Sunder also said the airline plans to recruit 50 commanders from Jet Airways, of which 20 have already been hired.

"We have already recruited a lot of pilots. We have about 20 of them already, all from Jet Airways as at present only Jet pilots are available in the market. Our intention is hire up to 50 pilots. So we will be inducting another 25-30 pilots going forward," he said.

The AIE official, however, ruled out hiring of first officers at this stage, adding that the airline may look at it if there was any requirement for them in the future.

Stay up to date on all the latest Business news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp