The carrier has already taken the delivery of 11 Dreamliners and three more are expected to join the fleet by March of next year.
Sale-leaseback is an arrangement in which an owner sells an asset to a leasing firm and, at the same time, leases it back (as a lessee) on a long-term basis to retain exclusive possession and use. The carrier had placed orders for 68 aircraft with Boeing in January, 2006, including for 27 Dreamliners, 41 B-777s and B-737-800s. Apart from this, the national carrier had also booked 43 planes from Airbus, which have already been inducted into its fleet. (PTI)