AIR-INDIA PLANS 'CLASSIC SWAP' FOR SMALL AIRCRAFT
Article Abstract:
Air-India (AI) plans to substitute its 747-200s, called Classics, with smaller capacity aircraft on routes where traffic is less. It had sought clearance from the Government of India for buying 3 A310 aircraft which was denied as the needed funds are not available. It has now opted for 'Classics swap' with smaller aircraft like A310. About 12 companies, including airlines and aircraft leasing ones, have responded to the swap offer. It has asked them for financial bids for Classics. It had sold 2 Classics for Rs110 crore earlier. (rk)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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IA ZEROES IN ON ATR FOR SIX 50-SEATERS
Article Abstract:
Indian Airlines (IA) has chosen the 48-seater ATR-42 aircraft for its short-haul operations. The aircraft will be acquired from an European consortium led by Airbus Industrie of France. IA is placing orders worth $90 million (Rs360 crore) for six aircraft. IA will fly these aircraft in the north-east and western regions of India. The Planning Commission has allotted Rs125 crore in the budget for the project. (rk)
Comment:
Leads European consortium receiving order from Indian Airlines for 48-seater ATR-42 aircraft for short-haul operations
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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SAHARA MAY BUY TURBOPROPS FROM BRAZILIAN CO
Article Abstract:
Sahara Airlines is thinking of purchasing 10-15 turboprop aircraft from Embraer of Brazil. Sahara has said that if the deal goes through it would like to have the Emb-120 30-seaters from Embraer flying within 6-8 months. It plans to acquire turboprop aircraft to open up profitable regional routes. (khr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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