Kingfisher lines up $7 mn Airbus order

Kingfisher lines up $7 mn Airbus order
AFP
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First Published: Wed, Jun 20 2007. 07 52 PM IST
Updated: Wed, Jun 20 2007. 07 52 PM IST
Le Bourget, France: India’s Kingfisher Airlines said on 20 June that it had signed a preliminary sales agreement to buy 30 long-haul Airbus planes and 20 small aircraft worth $7.0 billion(5.2 billion euros).
The deal, an intention-to-buy agreement, was signed by Kingfisher chairman Vijay Mallya for 15 midsized A350 airliners, 10 A330s, five A340s and 20 single-aisled A320s.
“Our strategy at Kingfisher is to open new long-haul routes and expand existing ones,” said Mallya in a statement.
“With the A340-500 and then the A350 XWB we will be able to offer direct routes between India and the United States for example.
“The A330 will allow us to expand services to Europe and the A320s will help us to meet demand in our home region.”
The order for the mid-sized longhaul A350 was particularly welcome for Airbus, which is hoping to establish the plane as a rival to the extremely popular Boeing 787 Dreamliner.
“Kingfisher have reaffirmed their faith in the A350 XWB and we are delighted with this,” said Airbus sales director John Leahy.
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First Published: Wed, Jun 20 2007. 07 52 PM IST