Wednesday, March 14, 2012

Mahindra brings in its 8-seater to Indian skies

Mahindra Aerospace, aviation division of the Rs 56,000-crore Mahindra and Mahindra Group, has sealed a deal to sell its eight-seater aircraft to an Indian buyer, a top company official said. “We have signed an agreement to sell the eight-seater Airvan GA8 in India. This is our first sale in the country,” Mr Arvind Mehra, executive director and chief executive of Mahindra Aerospace, said.
He said the company has so far sold around 200 GA8 around the world. The buyer, who does not wish to be identified, is expected to make an announcement about the acquisition soon. With a price tag of Australian $7,50,000, Airvan GA8 is used as a ‘people mover’, with a capacity to seat seven adults, or as a freight hauler thanks to its payload of 800 kg. The aircraft can also be used for diverse functions, from air-ambulance to the start-point for adventure sports like parachuting and skydiving, company officials said.
The first Indian buyer of GA8 is expected to use it to offer point-to-point air transport, especially to remote areas or to cities without proper airport facilities.
14/03/12 S. Umamaheshwar/Deccan Chronicle
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