SKY Leasing (SKY) has signed an agreement for the sale and leaseback of six Boeing 737 MAX aircraft with Air India Group with the aircraft to be operated by Air India Express (AIX). The aircraft are the first Boeing 737 MAX aircraft to be inducted into the Air India Express fleet.
“We are delighted to be part of Air India’s transformation journey as it returns to Tata Group ownership with Air India Express to be New India’s Smart Connector,” said Austin Wiley, Chief Executive Officer at SKY. “We wish Air India Express every success in their growth journey and we look forward to building further on this partnership in the future”.
Valerie Tay, Managing Director of Asia, SKY added: “This landmark transaction underscores our increasing commitment to the Indian aviation market, and we look forward to continued support for our clients in one of the world’s most dynamic regions.”
Nipun Aggarwal, Chief Commercial & Transformation officer of Air India & Director of Air India Express, said, “We are pleased to partner with SKY Leasing on the sale & leaseback of six Boeing 737 MAX aircraft. At Air India group, we are committed to modernising our fleet with new technology aircraft that offer excellent passenger comfort, reliability, and flight economics.”