Kingfisher may stagger Airbus delivery

Mumbai: Kingfisher Airlines is likely to stagger taking delivery of Airbus aircraft it had ordered as its recent stake acquisition in Deccan Aviation Ltd. altered demand outlook, its chairman said on Tuesday.
"Between the two of us, we have 88 Airbus aircraft scheduled to come between now and 2011," Vijay Mallya told reporters.
"Whether they should come on the current delivery schedule, or adjust it to suit our demand is a point we need to decide."
Last month, Kingfisher agreed to buy a 26 percent stake in Deccan Aviation, a budget carrier that has been making losses, for 5.5 billion rupees.
The two firms together have a fleet of 71 aircraft.
12/06/07 Reuters India

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Categories: Kingfisher Jun 2007