Wednesday, January 08, 2014

Singapore Airlines-Tata JV orders Airbus A320s for India launch: Sources

Singapore/Paris: Singapore Airlines has picked Airbus`s A320 aircraft over Boeing`s 737 for the launch of its Indian airline joint venture with Tata Sons, sources familiar with the decision said.
The full-service carrier will take up to 20 A320s worth USD 1.83 billion at list prices. The planes will be sourced from leasing companies, rather than purchased direct from Airbus.
A project team set up by Singapore Airlines evaluated both aircraft and decided to place orders for the A320, two sources said. The decision extends the European planemaker`s domination of India`s single-aisle aircraft segment.
A Singapore Airlines spokesman referred queries to the joint venture`s office in India, while an Airbus spokesman in Singapore said: "We do not comment on commercial discussions with existing or potential customers."
09/01/14 PTI/ZeeNews
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