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Old 10-14-2014 | 11:15 AM
  #170389  
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georgetg
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Joined: Jul 2006
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From: Boeing Hearing and Ergonomics Lab Rat, Night Shift
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Originally Posted by flyallnite
Aren't these things financed? Depending on the terms, at some point they'd need to be returned to the lessors IN ONE PIECE or purchased outright, am I correct?
Air India's fleet is nearly 97% financed.
But wait, the US made jets in that fleet are not just financed, but financed by the ExIm bank ;-)

...a lower court decision in July 2012 that determined that Ex-Im Bank properly approved financing for purchases of certain Boeing aircraft by Air India...
more: Appeals Court Decision Rejects Delta Request for Invalidation of Ex-Im Bank Air India Transactions
BTW, Top loss making routes for Air India are BOM-JFK and BOM-EWR.

Cheers
George