Air India Express (IX, Mumbai International) has executed a sale and leaseback deal with Griffin Global Asset Management and Bain Capital involving ten B737-8s. The LCC received the first aircraft in November 2023, with the remaining nine scheduled for delivery by March 31, 2024. Air India Express is a wholly-owned subsidiary of Air India, which in turn is controlled by Tata Sons.

“Modernizing our fleet stands as a pivotal element within the Air India group’s ongoing, comprehensive transformation. These new…

Source: ch aviation
Read more: Air India Express closes MAX 8 sale/lease-back deal