Kingfisher seeks price cut in next order as A380 compensation

Mumbai: Kingfisher Airlines is looking at price cuts for future aircraft purchases from European plane maker Airbus Industrie as compensation for the delay in delivery of its largest commercial plane A380.
The airline, promoted by India's largest distiller UB Group, intends to place an order with Airbus for a long-range aircraft 'A345' ahead of foraying into international routes.
The company would negotiate with Airbus for a concession in rates, which would effectively compensate for the delays in A380 deliveries, the source added.
Kingfisher last year became the only Indian carrier to have placed an order for the Super Jumbo A380. Delivery of the plane has been delayed by at least 10 months due to developmental snags. The aircraft was scheduled to join the Kingfisher fleet by 2010.
10/12/06 Zee News

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