Air India to sub-lease three Boeing 777s

National airline, Air India is now welcoming bids to sub-lease three of its Boeing 777 aircraft.

"We have plans to put three of our Boeing 777-200 (long range) aircraft on sub-lease," sources in National Aviation Company of India Limited (NACIL) said.

NACIL is the holding company, which was formed after the merger of Air India and Indian Airlines into one single entity.

NACIL said that bids would be accepted up until November 17.