Friday, October 17, 2008
Hyderabad: Though there was much excitement of the Airbus A380's maiden landing - albeit as a test flight - at the Begumpet airport on Thursday, t
he turbulence in the Indian aviation industry became evident as Kingfisher Airlines cancelled its order for three Airbus A340 airplanes.
Confirming this at a press conference here at the India Aviation 2008 on Thursday, Dr Kiran Rao, executive vice president, sales, marketing and customer affairs, Airbus said, "Kingfisher has cancelled the three A340s" . The three aircraft were due for delivery in the next few months.
He, however, said that the cancellation doesn't have any impact on Airbus as they would be given to another customer. "This is nothing new. This happens at times," he said.
While admitting that the aviation industry is going through tough times, he expressed optimism on the outlook for the industry. According to him, Airbus does a market outlook study every two years and the latest one is due in a few months. When asked if it needs revisiting, he said it will be seen.
17/10/08 Times of India
he turbulence in the Indian aviation industry became evident as Kingfisher Airlines cancelled its order for three Airbus A340 airplanes.
Confirming this at a press conference here at the India Aviation 2008 on Thursday, Dr Kiran Rao, executive vice president, sales, marketing and customer affairs, Airbus said, "Kingfisher has cancelled the three A340s" . The three aircraft were due for delivery in the next few months.
He, however, said that the cancellation doesn't have any impact on Airbus as they would be given to another customer. "This is nothing new. This happens at times," he said.
While admitting that the aviation industry is going through tough times, he expressed optimism on the outlook for the industry. According to him, Airbus does a market outlook study every two years and the latest one is due in a few months. When asked if it needs revisiting, he said it will be seen.
17/10/08 Times of India
Labels: Airbus, Aircraft Manufacturer, India, Kingfisher Airlines
To read the news in full | PermaLink
