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roundUP: Indian carrier buys Airbus.

INDIAN carrier Kingfisher Airlines has signed a deal to buy five Airbus 340-500 jets which it intends to use on non-stop routes to the United States.

The Mumbai - formerly Bombay - headquartered airline will deploy the aircraft on San Francisco and New York services.

It is expected to start taking delivery of the four-engine aircraft in 2008. Although the jets are valued pounds 600m at list prices, airlines routinely negotiate discounts. Wings for the aircraft will be built at Airbus' Broughton plant in north east Wales.
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Title Annotation:Business
Publication:Daily Post (Liverpool, England)
Geographic Code:4EUFR
Date:Apr 26, 2006
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