Air India To Sell Five 777s As Fuel Prices Pressure Long-Haul Yields

Air India has decided to sell five of its Boeing 777-200LR aircraft and replace 19 aging Airbus A320s with new leased airplanes. The widebodies were procured for ultra-long-range, non-stop operations between India and the U.S. But, due to the steep increase in fuel prices, some of Air India’s ultra...

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