Radarspotting
Miscellaneous => Aviation News => Topic started by: mhm on April 21, 2014, 12:07:38 PM
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
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.