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IA to lease more aircraft

By Our Special Correspondent

NEW DELHI JUNE 21 . The Board of Directors of Indian Airlines today approved leasing of additional aircraft to enhance the airline's capacity on trunk and Gulf routes.

At a meeting here today, the Board also cleared acquisition of 50-seater aircraft on dry lease to increase air connectivity in the North-East. It has authorised the management to issue tenders for leasing six Airbus A-320 aircraft.

Four of these would be acquired in November 2002 to meet the demand during winter and two would be acquired in March 2003. The Board also ratified the action taken by the management to call a tender for lease of four 5-seater ATR-320 turbo-prop aircraft.

Indian Airlines is awaiting the Government's approval of its plan to purchase 43 Airbus aircraft in a phased manner.

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