Air India, through its subsidiary AI Fleet Services IFSC Limited, registered in GIFT City, is aiming to acquire Boeing 777 aircraft from a US-based leasing company. To finance this acquisition, the airline is seeking a bank loan of approximately $200 million. AI Fleet Services IFSC Limited is tasked with overseeing aircraft procurement and leasing for both Air India and its low-cost brand, Air India Express. The loan is specifically intended to support this strategic aircraft procurement plan.
