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Air cargo dream withers as Air India sells freighters

from ifw

In a bid to shore-up its falling revenues, cash-strapped Air India plans to sell six B737 freighters, virtually ending its plan to launch a dedicated cargo service. The state-owned airline has already offered to lease-out five of its eight B777-200 aircraft for eight to ten years and decided to go for sale and leaseback of the first seven Boeing 787 Dreamliners it is expected to receive this year. more

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