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Rediff.com  » Business » Kingfisher to buy five A380s

Kingfisher to buy five A380s

By BS Corporate Bureau in New Delhi
June 16, 2005 09:41 IST
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Indian carriers grabbed the limelight at the Paris air how for the second consecutive day on Wednesday with Vijay Mallya's Kingfisher Airlines placing firm orders for five Airbus A380s, the largest aircraft ever made.

This is despite the fact that no Indian airport is equipped to receive this aircraft. Also, its price is yet to be disclosed.

The company also ordered 10 other Airbus aircraft -- five A350-800 and A330-200 each -- in a deal totalling $3 billion.

ATR, a sister company of Airbus, announced a $90 million deal with Air Deccan for spare parts and maintenance services for a new fleet of 30 ATR 72-500s for five years in India.

On Tuesday, the second day of the air show, Indian carriers had placed orders, firm and options, for 40 aircraft with a total list price of over $8 billion.

The Paris air show was largely expected to be dominated by Chinese carriers. At earlier editions of the show, European and American carriers used to be the main buyers.

Kingfisher will use its A330s on regional routes, including flights to Europe, while the A350 and A380 are destined for longer non-stop flights, such as to the United States.

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BS Corporate Bureau in New Delhi
Source: source
 

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