Question : LEASING OUT OF AIRCRAFTS



(a) whether Indian Airlines has decided to go in for dry leasing of all A-319 aircrafts;

(b) if so, the details thereof;

(c) the time by which it will be accomplished;

(d) the total amount likely to be received as a result thereof;

(e) whether any security deposit against leasing has been sought from domestic and foreign companies; and

(f) if so, the details thereof?

Answer given by the minister

MINISTER OF STATE OF THE MINISTRY OF CIVIL AVIATION ( SHRI PRAFUL PATEL )

(a): Yes, Sir.

(b): Indian Airlines has floated a Global Tender for dry-lease of eleven A-319 aircraft fitted with IAE or CFM angines. The last date for submission of offers is 30th July, 2004.

(c): The delivery of the aircraft is expected from November, 2004 onwards.

(d): Indian Airlines would pay lease rental agreed upon with the lessors.

(e): No, Sir.

(f): Does not arise.