Silk Route Holidays, Goa

The Official Blog of Silk Route Holidays, Goa - Updated daily with the latest Aviation, Travel & Tourism news from India.

Friday, June 15, 2007

Kingfisher Airlines may stagger Airbus delivery


Kingfisher Airlines is likely to stagger taking delivery of Airbus aircraft it had ordered as its recent stake acquisition in Deccan Aviation Ltd. altered demand outlook, its chairman said on Tuesday. "Between the two of us, we have 88 Airbus aircraft scheduled to come between now and 2011," Vijay Mallya told reporters. "Whether they should come on the current delivery schedule, or adjust it to suit our demand is a point we need to decide." Last month, Kingfisher agreed to buy a 26 percent stake in Deccan Aviation, a budget carrier that has been making losses, for 5.5 billion rupees. It is also offering to buy 20 percent more from minority holders of Deccan to fulfil regulatory requirements. The two firms together have a fleet of 71 aircraft.

Social Bookmarks
Bookmark to: Simpy Bookmark to: Del.ico.us Bookmark to: Reddit Bookmark to: Digg Bookmark to: Furl Bookmark to: Yahoo Bookmark to: Spurl Bookmark to: Google Bookmark to: Blinklist Bookmark to: Blogmarks Bookmark to: Diigo Bookmark to: Technorati Bookmark to: Newsvine Bookmark to: Blinkbits Bookmark to: Smarking Bookmark to: Netvouz

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home