AIR India has announced plans to sell its six freighters. The airline said the move was due to its plans to split its cargo division off into a separate subsidiary, have now become remote."We are looking at selling our six Boeing 737-200 freighters as the plans to have a dedicated cargo business through a subsidiary are unlikely to take off now"Air India said.
The freighters were converted from passenger jets in 2007 when Air India had plans to launch a dedicated domestic cargo service.
The six Boeing 737-200 freighters belonged to the erstwhile Indian Airlines and were converted into cargo planes from passenger aircraft in 2007. The airline had plans to launch a dedicated domestic cargo service, using Nagpur as its hub.
A spokesman for Air India, Chandra Kumar, denied that plans for the freighter service had been cancelled. Instead he claimed the eight freighters were being sold simply because they had come to the end of their useful operating life."The project is in the pipeline and a decision will be taken in a board meeting."he said.
Air India's head of cargo. Anita Khurana, confirmed the freighter service from Nagpur was on hold not permanently cancelled.
The airline is already selling four A310-300 freighters, aircraft that had also been converted for the cargo service at a cost of US$40 million.
Air India currently has debts of nearly $4 billion.
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