Air India eyes Boeing 777-300ERs of Jet Airways

New Delhi - Air India wants to take over four or five Boeing 777-300ERs from financially troubled Jet Airways. India's flag carrier would like to lease the long-haul jetliners in view of the upcoming high season.

Indian carrier Jet Airways, which ceased its operations indefinitely on April 17, has a fleet of ten Boeing 777-300ER.

With the disappearance of Jet Airways, ticket prices for international flights to and from India have risen sharply. The national airline of the country wants to add extra capacity to meet the demand for upcoming tourism season. Air India currently has fourteen Boeing 777 and 26 Boeing 787 operating on its long-haul routes.

SpiceJet, a major low-cost player in the domestic market, also plans to expand its passenger capacity. Within two weeks, the company will add 27 extra aircraft (22 Boeing 737NGs and five Bombardier Q400) via leasing option to meet the rising demand.

Earlier this week, SpiceJet announced a significant network expansion for international, regional flights from Mumbai airport.