Monday, May 30, 2011

GoAir may place order at Paris Air Show

New Delhi: Wadia group-owned low-cost airline GoAir (India) Pvt. Ltd is in talks with European aircraft maker Airbus SAS to place a fresh order for Airbus A320 aircraft at the Paris Air Show that starts on 20 June.
If the order materializes, it would be the second such by an Indian carrier this year after InterGlobe Aviation Pvt. Ltd-run IndiGo ordered a record 180 aircraft worth $15 billion (Rs.67,800 crore) in January to meet its expansion plans till 2025.
GoAir, currently the smallest passenger airline in the country, may also become the second Indian carrier to order the fuel-efficient A320neo, which will make its debut this decade.
The six-year-old discount carrier is planning to place an order for A320neo aircraft to drive expansion plans and the details of the order are currently being worked out, said a person familiar with the matter who declined to be identified.
GoAir could place an order for anywhere up to 50-70 aircraft, which may include several options, this official said. Airlines usually place an order with options, which they can later firm up. It’s last order was in 2006 for 10 Airbus A320 aircraft.
GoAir said it will make an announcement shortly, without specifying further details.
30/05/11 Tarun Shukla/Live Mint
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