New Delhi: The Indian carriers continue to rule order books in the global aviation market.Three Indian carriers - GoAir, Kingfisher Airlines and Air Deccan - have signing deals worth nearly $2 billion at the ongoing Farnborough Air Show to purchase aircraft and engines.
GoAir has inked a deal to buy 10 Airbus A320 planes and retained an option to buy another 10 A320 jets at a later date, taking the total order size to 20 planes for a list price of $1.3 billion.
Besides, Vijay Mallya's Kingfisher Airlines has ordered 10 Pratt & Whitney (P&W) engines to power its fleet of Airbus A330 planes and taken an option for 10 more. Kingfisher has signed a separate agreement with P&W for maintenance of engines of its new fleet of ATR 72-500 turboprop aircraft. The total Kingfisher order is worth $560 million. In addition, Air Deccan is also placing an order for buying engines for its A320 fleet at the show.
19/07/06 Times of India
To Read the News in full at Source, Click the Headline
Wednesday, July 19, 2006
Home »
» Indian carriers place $2-b orders at Farnborough Show
Indian carriers place $2-b orders at Farnborough Show
Wednesday, July 19, 2006
Related Posts:
Cargo movement more through air than rail or shipNew Delhi: Fuelled by a surging economy, cargo growth in aviation sector in the last three years has surpassed traditionally preferred railways and sh… Read More
Deccan may beat Kingfisher to profitIn what can only be termed a twist of fate, financially beleaguered Air Deccan, which was forced to sell 26 per cent to Kingfisher Airlines chairman V… Read More
Deccan to fly red & white all the wayMumbai: Air Deccan, the country’s first and the largest low-cost carrier, will soon lose its tag as a common man’s airline. Next month, UB Group, whic… Read More
Asian Aviation to Grow More Influential: Cathay PacificThe Asia aviation sector will continue to grow in influence in the coming years, Cathay Pacific Airways Chief Executive Tony Tyler said Monday.Speakin… Read More
Bay Area Man Sentenced For Airline ScamSan Francisco: A Bay Area travel agent will spend the next three years in state prison after judge in San Francisco sentenced former fairfield city co… Read More
0 comments:
Post a Comment