Cameroon Airlines is interested in purchasing some of the five Boeing 777-200 passenger planes that Air India has up for sale the Wall Street Journal (WSJ) reported.
The five Air India jets have been put up for sale following “high fuel†costs and slack demand from Indian passengers. According to the WSJ, when things got tough, Air India attempted to rent out these jets in 2011. However, no willing participants were found...
“Some of the interested parties wanted the last date for bidding to be advanced from end-December so that the entire process can be expedited,†sources continued.
These sources did not reveal the value of these planes. However, it is believed that one plane could cost about $296 million.
The five Air India jets have been put up for sale following “high fuel†costs and slack demand from Indian passengers. According to the WSJ, when things got tough, Air India attempted to rent out these jets in 2011. However, no willing participants were found...
“Some of the interested parties wanted the last date for bidding to be advanced from end-December so that the entire process can be expedited,†sources continued.
These sources did not reveal the value of these planes. However, it is believed that one plane could cost about $296 million.

