Air India Express mulls leasing some Jet Airways’ Boeing 737s

MUMBAI: Air India Express, the international budget arm of Air India, is examining the possibility of leasing some Boeing 737 aircraft of grounded carrier Jet AirwaysNSE -12.37 %, which are parked at different airports due to non-payment, through a firm decision is yet to be taken, a top company official said Sunday.

Before halting operations temporarily mid-last week due to severe cash-drought, the private carrier was forced to ground 69 planes owing to non-payment of rentals to lessors.

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