Air India Express mulls leasing some Jet Airways’ Boeing 737s

MUMBAI, Apr 21: Air India Express, the

international budget arm of Air India, is examining the

possibility of leasing some Boeing 737 aircraft of grounded

carrier Jet Airways, which are parked at different airports

due to non-payment, through a firm decision is yet to be

taken, a top company official said Sunday.

Before halting operations temporarily mid-last week

due to severe cash-drought, the private carrier was forced to

ground 69 planes owing to non-payment of rentals to lessors.

Later, on April 16, it grounded the rest of the planes

in its fleet, when it decided to temporarily suspend all its

domestic and international services.

Air India Express parent, Air India, is already

discussing a proposal to lease five of Jet Airways wide-body

planes, Boeing 777s.

“We are looking at leasing (B737 of Jet Airways)

aircraft but there is no firm decision on this issue so far.

As a matter-of-fact, there are a lot of other things that have

to be looked at, like slots, sectors and timings, among

others,” Air India Express chief executive officer Shyam K

Sunder said over phone from Kochi, the airline’s


When asked about the number of planes that his airline

could induct from Jet Airways, he said, “We don’t have a

target number.”

Air India Express, has its operations largely out of

Kerala to the Gulf and South-east Asia. Besides, it also

operates some flights to these regions from North and Western

India as well as on some domestic routes.

It has a fleet of 25 Boeing 737 planes, of which 17

are owned and rest 18 are on lease. The now out-of operations,

Jet Airways also has B737s in the fleet.

Shyam Sunder also said the airline plans to recruit 50

commanders from Jet Airways, of which 20 have already been


“We have already recruited a lot of pilots. We have

about 20 of them already, all from Jet Airways as at present

only Jet pilots are available in the market. Our intention is

hire up to 50 pilots. So we will be inducting another 25-30

pilots going forward,” he said.

The AIE official, however, ruled out hiring of first

officers at this stage, adding that the airline may look at it

if there was any requirement for them in the future. (PTI)