Tata Group-owned Air India is close to finalising lease agreements for additional aircraft as it aims to grow its market share and network.
"In addition to restoring long-grounded aircraft, we have finalised leases for 30 additional aircraft being delivered over the next 12 months – starting next week – with more in the final stages of negotiation," the airline's chief executive officer (CEO) Campbell Wilson said on Saturday.
Currently, the airline has 113 aircraft which include both narrow-body and wide-body Airbus and Boeing planes.
Wilson is leading Air India's five-year transformation programme to make it a world-class airline. This includes short-term measures like