Air India plans to finance its mega aircraft order through a combination of three options using cash flow, equity by parent Tata Group, and sale and leaseback over the next few years, the airline’s chief executive officer, Campbell Wilson said. Air India can and will use the available funding sources to pay for the planes, which will be delivered to the airline over a number of years, Wilson told reporters, adding that at list prices, the firm order would be worth $70 billion. He did not give details of the actual order size. Usually, manufacturers offer heavy discounts to airlines

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In