Air Deccan to buy 30 Airbus jets
Afp, New Delhi
India's low-cost private carrier Air Deccan announced Saturday it would buy thirty A320 aircraft from European consortium Airbus Industrie for 1.5 billion dollars. "The acquisition deal was signed with Airbus Industrie earlier this week and the delivery will begin from 2008," a company statement said. The company previously purchased 30 ATR 72-500 aircraft in February for 528 million dollars and 32 Airbus A320s in December 2004 for 1.8 billion dollars. The company said it plans to expand aggressively around the country, and perhaps further afield. "With our extensive network, the additional acquisition will help us in increasing the number of flights and also connect newer destinations," managing director G.R Gopinath said in a statement. "The additional acquisition of fleet will aid our plans of becoming a global player." The company currently has a fleet of seven Airbus A320s and 17 ATR planes, up from three Airbus A320s and seven ATR aircraft a year ago.
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