Kingfisher to Order More Airbus A380s

Kingfisher Airlines Ltd., the only Indian customer for the Airbus SAS A380, plans to order five more of the superjumbos this month, becoming the latest carrier to increase orders for the delayed aircraft, two people with direct knowledge of the matter said.
The carrier also intends to order five A340-600s and five A350s at this month's Paris Air Show, said the people, who declined to be identified because the order has yet to be announced. The entire contract is worth about $3.6 billion based on list prices.
The orders are a boost for Airbus, whose project to create the world's biggest passenger jet has fallen two years behind schedule and caused three consecutive losses at parent European Aeronautic, Defence & Space Co. Kingfisher, a two-year-old carrier founded by billionaire Vijay Mallya, will use the 555- seat A380s to challenge Air India on routes to New York.
Kingfisher ordered five A380s and took options for five more in June 2005. The carrier plans to operate daily flights from New Delhi and Mumbai to New York with the planes. It expects to get its first one in 2011 Mallya said in May.
06/06/07 Santanu Choudhury/Bloomberg

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Categories: Foreign Jun 2007, Kingfisher Jun 2007