Nimish
Topic Author
Posts: 2891
Joined: Mon Feb 14, 2005 6:46 pm

AI Finalizes Lease For An Additional 4 737-800

Thu Sep 08, 2005 6:54 pm

From The Economic times

Quote:

A-I ties up with ILFC for 4 more 737-800 aircraft

BUOYED by a strong performance in the Kerala-Gulf sector where it introduced budget flights in April, Air India has signed up with California-based International Lease Financing Corporation (ILFC) for four more 737-800 aircraft to be introduced in the sector.
Air India company secretary S Venkat told ET that the agreement had been signed with ILFC last week, according to which AI will begin taking delivery of aircraft from February, 2006. The deliveries are expected to be completed by June, 2006. The lease periods are for five years each and extendible to seven years.
Mr Venkat said Air India’s budget airline operations under the Air India Express brand had recorded an average load factor of 97% in the Kerala-Gulf sector from the time of launch until now, far higher than the expected average load factor of roughly 70% when the service was launched.
Some of this was because of the traffic generated by the school holidays in the Gulf countries, but Mr Venkat said it was also a fact that unlike in August when flights were going full, there was a lean patch in May-June. In that context, the 97% average load factor was “very satisfactory”.
He said A-I was planning to introduce services with the all-budget concept instead of the existing concept where only a percentage of the seats were earmarked for the budget operation. The budget flights would soon feature a brand new team of cabin crew who are conversant in the local language, he said. They are being recruited from south Indian states.
On the issue of a dozen pilots quitting A-I in July, Mr Venkat said the new regulations announced by the director general of civil aviation includes a clause that requires pilots to give a sixmonth notice before quitting. He said AI had not accepted the resignation of the 12 pilots and expected them to rejoin duty in accordance with the DGCA stipulation.

I wish the Govt would move the AI order along and get it signed off. I wonder if they're waiting for GWB to visit India to finalize the deal  sarcastic 
Latest Trip Report - GoAir BLR-BOM-BLR
 
User avatar
HAWK21M
Posts: 29867
Joined: Fri Jan 05, 2001 10:05 pm

RE: AI Finalizes Lease For An Additional 4 737-800

Thu Sep 08, 2005 8:09 pm

Where are the Pilots & AMEs.How long can 9W provide Mx Support.
The CAM Order is likely to be challenged in court.
Better as Nimish says get on with the B772LR,773ER,787 deal.
regds
MEL
I may not win often, but I damn well never lose!!! ;)
 
rocketman742
Posts: 67
Joined: Thu Oct 07, 2004 7:08 pm

RE: AI Finalizes Lease For An Additional 4 737-800

Thu Sep 08, 2005 10:00 pm

The pilots who left are never coming back. The incompetent fools at AI stipulated in their contracts like typical IAS babus that the pilots would be confirmed after 1 year of service and they would require an NOC from where ever they came. S2 never gave those guys an NOC and they left after 6 months so they were un confirmed employees. You cant sue a guy to come back when he wasnt even confirmed in his job AI is just making noises but hasnt taken any concrete steps cos they know they dont have any case.
 
User avatar
sammyk
Posts: 1560
Joined: Mon Oct 25, 1999 11:31 am

RE: AI Finalizes Lease For An Additional 4 737-800

Fri Sep 09, 2005 1:47 am

Quoting Nimish (Thread starter):
I wish the Govt would move the AI order along and get it signed off. I wonder if they're waiting for GWB to visit India to finalize the deal

What does that order have to do with this lease deal? Are you saying they should stop everything else until that deal is concluded? That makes no sense.
 
Nimish
Topic Author
Posts: 2891
Joined: Mon Feb 14, 2005 6:46 pm

RE: AI Finalizes Lease For An Additional 4 737-800

Fri Sep 09, 2005 6:35 am

Quoting Sammyk (Reply 3):
What does that order have to do with this lease deal? Are you saying they should stop everything else until that deal is concluded? That makes no sense.

And why does it make no sense? The Govt managed to get the IC order confirmed when Tony Blair visited. So I wonder if they need George bush to visit to sign off on the Boeing order.

If they had that order confirmed/placed/whatever, they would probably not need these leased aircraft.

I agree that there's no reason to wait (for the order) and not get leased aircraft. That does not prevent me from wishing that the order would move along though.
Latest Trip Report - GoAir BLR-BOM-BLR
 
User avatar
HAWK21M
Posts: 29867
Joined: Fri Jan 05, 2001 10:05 pm

RE: AI Finalizes Lease For An Additional 4 737-800

Fri Sep 09, 2005 2:51 pm

Quoting Rocketman742 (Reply 2):
The pilots who left are never coming back. The incompetent fools at AI stipulated in their contracts like typical IAS babus that the pilots would be confirmed after 1 year of service and they would require an NOC from where ever they came. S2 never gave those guys an NOC and they left after 6 months so they were un confirmed employees

Also heard that the reason for the Ex S2 Pilots to Quit AIe & go back to S2 was that many promises were not kept by AIe.

What news on the Hot topic the "Six months Notice period".
regds
MEL
I may not win often, but I damn well never lose!!! ;)
 
cricket
Posts: 2075
Joined: Thu Aug 04, 2005 8:23 pm

RE: AI Finalizes Lease For An Additional 4 737-800

Fri Sep 09, 2005 5:19 pm

For political pomp and show, the AI order will be signed when Bush Jr visits in early Feb. There was an interesting article about the S2 pilots on how they're getting paid from both AIX and S2 because AIX hasn't accepted their resignations. However, it seems the DGCA will not bat for AIX here.
A300B2/B4/6R, A313, A319/320/321, A333, A343, A388, 737-2/3/4/7/8/9, 747-3/4, 772/2E/2L/3, E170/190, F70, CR2/7, 146-3,
 
User avatar
HAWK21M
Posts: 29867
Joined: Fri Jan 05, 2001 10:05 pm

RE: AI Finalizes Lease For An Additional 4 737-800

Fri Sep 09, 2005 5:32 pm

Quoting Cricket (Reply 6):
There was an interesting article about the S2 pilots on how they're getting paid from both AIX and S2 because AIX hasn't accepted their resignations.

The Question is Are they Accepting the Salary from AIX.I don't think so.

Quoting Cricket (Reply 6):
the AI order will be signed when Bush Jr visits in early Feb.

Wasn't the big day of the deal to be Before diwali
regds
MEL
I may not win often, but I damn well never lose!!! ;)