(a) whether Indian Airlines propose to induct mini-planes;
(b) if so, the number of planes to be added; and
(c) the method of raising equity for investment on the proposed plan?
(a) whether Indian Airlines propose to induct mini-planes;
(b) if so, the number of planes to be added; and
(c) the method of raising equity for investment on the proposed plan?
MINISTER OF STATE IN THE MINISTRY OF CIVIL AVIATION ( SHRI SHRIPAD YESSO NAIK )
(a), (b) and (c): The proposal of Indian Airlines for purchase of six 50 seater ATR 42-500 aircraft was considered by the Government in June, 1999. However, the proposal was not found viable. Therefore, the Government advised Indian Airlines to explore the possibility of acquiring these aircraft on lease basis. Currently, Indian Airlines is in the process of finalising dry-lease of ATR-42-320 aircraft.