Singapore Airlines-Tata Indian joint venture orders Airbus A320s: source
Published on Jan 9, 2014 12:28 PM
SINGAPORE (Reuters) - Singapore Airlines has picked Airbus's A320 aircraft over Boeing's 737 for the launch of its Indian airline joint venture with Tata Sons, sources familiar with the decision said.
The full-service carrier will take up to 20 A320s worth US$1.83 billion (S$2.3 billion) at list prices. The planes will be sourced from leasing companies, rather than purchased direct from Airbus.
A project team set up by Singapore Airlines evaluated both aircraft and decided to place orders for the A320, two sources said. The decision extends the European planemaker's domination of India's single-aisle aircraft segment.
A Singapore Airlines spokesman referred queries to the joint venture's office in India, while an Airbus spokesman in Singapore said: "We do not comment on commercial discussions with existing or potential customers."
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