Air India to rent, offer special fares, plan to lease 5 planes

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On the day the Jet Airways announced to temporarily suspend its operations, State-owned Air India told State Bank of India that it was looking for the possibility of hiring five of its seven comprehensive Boeing 777 aircraft Those who have been grounded and they are being operated for destinations. In the form of London, Dubai and Singapore.

In addition, Air India has almost completed the recruitment of 150 cabin crew members of Jet Airways for international operations of Boeing 777 and Boeing 787 aircraft. It offered special fares to travelers on confirmation return tickets for Jet Airways flights by April 28 on 19 international routes.

Jet Airways is currently under management control of the SBI-led Consortium of lenders, who has offered offload between 32.1 percent and 75 percent to the eligible investor after evaluating all the bids. So far, lenders have received the expression of interest (EOI) from four to five parties. The eligible parties will be asked to submit bidding bids, and this process is expected to end by May 10.

The bankers rejected the immediate fund of Rs 983 crore for refusing Jet’s request. After this, the airline temporarily stopped its operations on Wednesday night until such fresh funds were injected into the company. Jet Airways had more than 16,000 employees.

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