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Air India to sell 11 planes

6/8/2009 9:38:17 AM

Air India, the country's flag carrier, said it will sell 11 of its Airbus A320 planes and return an equal number to lessors as new planes from Boeing and Airbus are delivered, Dow Jones reported.

 

Air India will also add 15 more Airbus planes to its fleet in the current financial year that began April 1, Jitendra Bhargava, executive director for corporate communications at the National Aviation Company of India (Nacil) told Dow Jones.

 

"We will have to phase out our old planes and replace them with new ones," Bhargava said.

 

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