Air India announces tie-up for engine maintenance


The alliance involves Willis Lease buying 34 engines and providing spare and replacement engines, helping the airline avoid costly and unpredictable shop visits,

The alliance involves Willis Lease buying 34 engines and providing spare and replacement engines, helping the airline avoid costly and unpredictable shop visits,

Air India on Thursday announced a sale and lease back tie-up with US-based Willis Lease Finance Corporation for 34 CFM engines installed on 17 of its Airbus A320 family aircraft.

The alliance involves Willis Lease buying 34 engines and providing spare and replacement engines, helping the airline avoid costly and unpredictable shop visits, the former national air carrier said in a statement.

Willis Lease will also have an in-country team to co-ordinate and manage the program and all logistics and transportation involved.

The airline’s COO Nipun Aggarwal said that the agreement would enable Air India to “eliminate the maintenance burden and fully derisk itself from the maintenance cost uncertainty associated” with those engines that are not covered under similar programs offered by the original equipment manufacturer.



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