Air India commits to massive fleet growth, despite domestic and international woes
Air India confirmed plans to take delivery of the final three of eight B777-200LRs between Jun-09 and Aug-09 and commence non-stop service to San Francisco in 2H09, despite signs the US and global economy have dramatically weakened. In total, Air India is scheduled to take delivery of 20 new aircraft in 2009 and 21 in 2010 – creating a massive funding burden on the carrier and its shareholder, the Indian Government.
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