Kingfisher in 5bn Euro Airbus deal talks

New Delhi: Kingfisher Airlines is in talks to buy around 40 Airbus planes in a deal worth about 5 billion euros (USD 7.33 billion), a French diplomatic source said on Friday.
"There are discussions between Kingfisher and Airbus for a potential of 5 billion euros," a source told on the sidelines of French President Nicolas Sarkozy's state visit to India.
The source said the deal would involve around 40 Airbus planes but the source did not know which types of planes.
"This could be concluded quite quickly."
Airbus had no immediate comment.
The source said it was the same deal as the preliminary USD 7.2 billion contract Kingfisher announced at the Le Bourget airshow last June in France.
At the time, Kingfisher had said the contract was for 50 planes, including 15 A350-800 XWB jets worth USD 3 billion as well as five four-engine A340-500 planes, 10 A330-200 wide-body models and 20 single-aisle A320-family jets.
25/01/08 Zee News

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Categories: Foreign Jan 2008, Kingfisher Jan 2008, New Jan 2008