Airbus is to sell 43 passenger planes worth 2,5 billion US dollar (15,5 milliarder DKR) to Indias state-owned airline “Indian”, BBC Online reports Sunday.
The deal with Airbus, which is 80 per cent owned by the European defence group EADS and 20 per cent by the UKs BAE Systems, comes after three years of talks.
The agreement marks the first purchase of new planes by Indian for 15 years. The carrier, formerly known as Indian Airlines, flies mainly domestic routes.
From a former monopoly position, its domestic market share has slid to 33 per cent. Indian has fallen behind privately-run Jet Airways, which has 43 per cent market share and regularly wins awards for good service and food.
