Air India To Clear 777-200 Fleet; Add More Dreamliners

[mhm]

NEW DELHI--Air India Ltd. has offered to sell its three remaining Boeing Co. (BA) 777-200 longer-range jetliners, and also sought a bridge loan of up to $500 million to take delivery of four 787-800 Dreamliner jets from Boeing.

The move to end its fleet of the 777-200LR planes is part of the loss-making airline's strategy to turn profitable through various steps, including renting out office space and using the more fuel-efficient 787s.

http://online.wsj.com/article/DN-CO-20140421-001383.html

[birdie]

AI can use all the strategies they have but they will still be killed again by Red-tapes.

"Renting out office space" is a desperate move.