Airbus unveils massive India investment

7th Dec 2006

Airbus has revealed it will raise its investment in India to at least one billion US dollars.Airbus had already committed to investing in India as part of a deal with the government, which is purchasing 43 Airbus aircraft for the state-run Indian Airlines in a deal valued at USD2.25 billion (euro1.7 billion).

But Airbus is now planning to double the USD500 million required under that agreement, Kiran Rao, Airbus’ executive vice president of marketing explained at a news conference.



Recommended for you

Follow Breaking Travel News

Travel Events Calendar

Media Partnerships

Global Restaurant Investment ForumThe Hospitality & Tourism SummitCATHIC
ITB AsiaChina Outbound Travel & Tourism MarketThe Travel Marketing Store
Serviced Apartment SummitWorld Travel MarketIMEX
AHICWTTCRoutes Online
UBM Aviation