In­dia mulls foray into plane leas­ing mar­ket

China Daily (USA) - - BUSINESS -

In­dia is con­sid­er­ing buy­ing and leas­ing small planes to lo­cal car­ri­ers as part of Prime Min­is­ter Naren­dra Modi’s plan to con­nect re­mote towns and vil­lages by air, in­dus­try sources said. To suc­ceed, Modi’s plans would need small, 20-seat air­craft, which are usu­ally not leased out by tra­di­tional air­craft-leas­ing com­pa­nies, the sources added.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.