Indian Airlines Will Sell 4 A320 Airbuses

State-run Indian Airlines will sell four A320 Airbuses scheduled for delivery and offer for lease another 14 grounded since one of its Airbuses crashed in February, a spokesman for the airline said.

The spokesman said the four A320s were ready for delivery at Toulouse, France, headquarters of the four-nation European Airbus Industrie that manufactures the A320.

“There are many parties waiting for the delivery of A320 aircraft. There is a premium on them,” he said, adding that global tenders would soon be issued.

The 14 grounded A320s would be leased out for at least six months, he said.