Vistara to return Boeing 737 plane to lessor GECAS this week

NEW DELHI: Full service carrier Vistara, a joint venture between Tata Sons and Singapore Airlines, will return one Boeing 737 plane to lessor GE Capital Aviation Services (GECAS) later this week as the airline hopes to reduce costs by returning older planes amid covid-19 pandemic which has resulted in muted passenger demand, a source with direct knowledge of the matter said.

“The aircraft will be returned to the lessor by the end of the week,” the person said, requesting anonymity.

The aircraft, which is currently part of the airline’s seven Boeing 737 plane fleet, was earlier operated by Jet Airways (India) Limited, which was grounded due to during April last year.