Wednesday, July 12, 2006

GoAir to ink deal for 20 Airbus jets

New Delhi: The Wadia family-promoted GoAir is set to ink an agreement with European aircraft maker Airbus next week to buy 20 A320 jets for a list price of around $1.2 billion.
The agreement would be inked at the Farnborough Air Show next week, sources close to the deal told ToI.
Though GoAir had initially planned to place firm orders for 10 planes and keep the option of buy another 10 at a later date, sources pointed out that negotiations are underway to convert even the options into firm orders.
All the aircraft would be delivered in a single-class economy layout with 180 seats.
12/07/06 Byas Anand/Times of India