Kingfisher buys 30 Airbus aircraft
Kingfisher buys 30 Airbus aircraft
The Kingfisher Airlines ordered 30 A-319 and A-320 aircraft from European manufacturer Airbus Industry worth $1.9 billion.

New Delhi: The Kingfisher Airlines on Monday ordered 30 A-319 and A-320 aircraft from European manufacturer Airbus Industry worth $1.9 billion.

Earlier, on the opening day of the 'Dubai 2005' Airshow on Sunday, the Kingfisher Airlines had signed another mega deal for 20 turbo-prop aircraft at a cost of $350 million from French ATR company.

According to the ATR official, the 72-500 aircraft would be handed over to Kingfisher on March 2006 and 20 turbo-prop planes by 2008.

However, the ATR official said that the deal for 20 aircraft is worth $350 million and taken into account the option of another 15 planes, the deal could go beyond $500 million.

Kingfisher, named for the best-selling beer brand from United Breweries Ltd., has quickly cornered a significant share of the domestic aviation market with its competitive fares and features such as personal in-flight entertainment systems.

The carrier, headed by flamboyant entrepreneur Vijay Mallya, purchased 15 Airbus aircraft worth Rs 300 crore at the Paris Air Show in June, including five of the mammoth A380 planes.

Indian carriers are furiously expanding their fleets as cut-rate prices have resulted in soaring demand.

Kingfisher, along with other airlines such as Jet Airways Ltd. and state-run Indian Airlines, has emerged as major aircraft buyers.

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