Air India scouts for $535 million loan to buy 3 Boeing planes - News Summed Up

Air India scouts for $535 million loan to buy 3 Boeing planes


The delivery of three B777-300 ER planes is scheduled to be completed in February next year, with two expected to be bought in January. The delivery of three B777-300 ER planes is scheduled to be completed in February next year, with two expected to be bought in January. As per the purchase agreement with Boeing, Air India is to buy 15 B777-300 ER aircraft and has already taken delivery of 12 such planes. The specific reasons for revising downwards the proposed loan amount to $535 million from $555 million could not be immediately ascertained. The B777-300 ER aircraft owned by Air India has 342 seats for passengers.


Source: Mint November 05, 2017 11:15 UTC



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