Tata Group-owned Air India issued a tender to sell its three B777-200LR wide-bodied aircraft, which were manufactured in 2009.
The tender said that the bids for three wide-bodied aircraft, which are powered by GE90-110 engines, will have to be submitted by August 16. Wide-bodied aircraft have bigger fuel tanks that allow them to travel on long-haul international routes like between India and the US.
Previously Air India operated 8 wide-body aircraft Boeing 777-200LR, but then it sold 5 of its aircraft to Etihad Airways. After this deal, Air India only operates 3 Boeing 777-200LR.
The 777 family of airplanes is popular with passengers and airlines because of its fuel-efficient twin-engine design, high reliability, low operating costs and comfortable and spacious interior. It is the market leader in the 300- to 400-seat segment, capturing more than 65% of that market.
Air India Boeing 777-200LR seats 238 passengers in a three-class configuration and is primarily used on long-haul routes. There are 8 flat bed seats in First Class, 35 angled-flat seats in Business, and 195 standard Economy Class seats.
Air India had cut down its first class seat to increase its economic capacity, which they primarily use on the San Francisco route. They had gone from 195 economy seats to 298 economy seats, that’s an increase of 103 economy class seats on Air India’s 777-200LRs.
Earlier this year, Air India announced Campbell Wilson as its chief executive officer (CEO) and managing director (MD). Meanwhile, the Ministry of Home Affairs (MHA) gave security clearance to Air India CEO-designate Campbell Wilson. The security clearance from the Central government has paved the way for Campbell Wilson to take charge of Air India.