New Delhi. 11 August 2016. The Air India Board approved A320 induction in 2 phases of 19 units and 15 units, respectively. Out of 19 units, 5 have already arrived and for remaining 14 aircraft, agreement has been signed with M/s ALAFCO. Out of next 15 units, for 8 aircraft LOI has been signed with the two lessors and the final agreement is in process.
The induction of the remaining 7 units is under process.Air India is also inducting on dry lease A320 narrow body aircraft as part of its fleet replacement and expansion plans for the narrow body fleet.
