Air India Express to lease 2 Boeing 737 airplanes from Vistara: Report

Budget airline Air India Express is looking to lease two Boeing 737 aircraft from full-service carrier Vistara to offer more flights during the winter schedule, according to a source.

Both Air India Express and Vistara are part of the Tata group, which also has Air India and AirAsia India under its wings.

The source close to the development said the two narrow-body planes are expected to be inducted into the Air India Express fleet on a short-term lease in November and December, respectively.

The move is part of consolidating as well as tapping the synergies in the group's airline business. Also, the leasing of the planes will help Air India Express to operate more flights during the winter schedule, which starts from October 30, the source said.

When contacted, a Vistara spokesperson said, "we cannot comment on speculations".

Air India Express spokesperson was not available for comments.

"Air India Express has not inducted any new planes in its fleet for a long time. Though the