Kingfisher Airlines to order plans worth USD 2 Billion from Airbus SAS

Kingfisher Airlines to order plans worth USD 2 Billion from Airbus SAS

The competition in the Indian aviation market has increased so much that the new players are continuing to buy more and more aircrafts. The latest news in is that the Kingfisher Airlines, owned by liquor mogul Mr. Vijay Malaya has plans to purchase new aircrafts from the world’s biggest plane makes, Airbus SAS.

The order is expected to be of around 30 planes and at market price comes to around a value of USD 2 Billion. Kingfisher Airlines is planning to place the order at the Dubai Air Show where the European company will battle with Boeing Co. for new business. As per a statement released by Kingfisher Chief Executive Nigel Harwood, the order would be for the single-aisle A320 series with a list price of about $65 million each.

Boeing has had an impressive year with more new orders compared to their rivals Airbus. Both the companies would be working hard on impressing the clients at the Dubai Air Show to generate more business. Boeing has booked 659 orders so far this year compared with 494 for Airbus. Till date, Kingfisher has ordered 10 A320s and 3 A319s to date, and taken delivery of three of the A320s. Airbus has not commented on these reports and is expected to release a statement after the order is indeed placed.

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