| Sources said the lease would be for seven year and the aircraft would be deployed in the India-China or the India-South Afrcia routes. Avequis, an aircraft management and remarketing company, is also engaged in providing technical consultancy services and debt-equity funding sources for its clients. |
| Indian Airlines is expected to make an announcement in this regard in the Air Show 2007 in Bangalore. |
| Senior Indian Airlines executives declined to comment on the issue. The details of lease rentals are not known. |
| Sources said the A330-200 aircraft were likely to join the airline's fleet by October this year. "The airline is also set to ink a mega deal with Canadian aerospace major Pratt & Whitney for engines for the Airbus family aircraft," they added. |
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