Domestic carriers may place $2 bn orders at airshow

Mumbai: Top brasses of domestic airlines are set to make a splash in the outskirts of London. They are off to the city for participating in the 45th Farnborough International Airshow, starting tomorrow.
Kingfisher Airlines Chairman and Managing Director Vijay Mallya and GoAir Managing Director Jeh Wadia are expected to announce major acquisition plans in the show. The orders are estimated to be over $2 billion.
“Kingfisher chief is likely to sign a major agreement with US-based aircraft engine manufacturer, Pratt & Whitney, for supplying engines for its five Airbus A-330s,” a highly placed source said.
Pratt & Whitney is set to make the announcement with much fanfare. Mallya is also likely to sign an agreement to acquire simulators from a UK-based company, the source added.
17/07/06 P R Sanjai/Business Standard

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