Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Air India 13.8 Billion Contract And Merger  
User currently offlineZeke From Hong Kong, joined Dec 2006, 8880 posts, RR: 75
Posted (8 years 5 months 1 week 3 days 8 hours ago) and read 2771 times:

In Singapore to go to Asian Aerospace. An article in a local paper states that Air India and Indian Airlines are looking at merging. Anyone with further info apart from Air India And Indian Airlines May Merge (by LAXDESI Feb 20 2006 in Civil Aviation) ?

Also statements from Air India Chairman Mr V Thulasidas stating that Air India is in discussion with Exim Bank (USA) and "also in discussions with other banks" to pay for 68 aircraft.

Have the 68 aircraft been ordered ? or are they "subject to finance", and not "sold".


We are addicted to our thoughts. We cannot change anything if we cannot change our thinking – Santosh Kalwar
2 replies: All unread, jump to last
 
User currently offlineKkfla737 From United States of America, joined Oct 2004, 1033 posts, RR: 1
Reply 1, posted (8 years 5 months 1 week 3 days 7 hours ago) and read 2745 times:

Quoting Zeke (Thread starter):
Have the 68 aircraft been ordered

I thought the deal with Boeing was already signed. for 787s, 737-800s and a combination of 777-200 and 777-300s.


User currently offlineNimish From India, joined Feb 2005, 3213 posts, RR: 9
Reply 2, posted (8 years 5 months 1 week 2 days 22 hours ago) and read 2542 times:

The deal has been signed, and the advance (or equivalent paid). Now AI needs to arrange for the rest of money - which would explain their shopping for funds. I guess they'll have to pay the money in installments or against each aircraft (I'm not familiar with how this is done so any inputs would be great).


Latest Trip Report - GoAir BLR-BOM-BLR
Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
Air India Doing Al Ain And Salalah? posted Thu Sep 21 2006 18:48:02 by 777way
Air India To Lease A343 And B744 posted Mon Jul 5 2004 12:45:47 by BOEING787
Air India's Service To Shanghai (and East Africa) posted Thu Mar 4 2004 01:25:11 by Mrniji
Air India, IA Merger Within A Year posted Thu Jun 8 2006 16:55:00 by LAXDESI
Air-India Indian Airlines Merger Gets Green Signal posted Tue Apr 4 2006 20:23:08 by Aseem
Air India-Indian Merger Next Fiscal posted Fri Mar 17 2006 00:28:05 by Sunnyb
Air India And Indian Airlines May Merge posted Mon Feb 20 2006 17:01:26 by LAXDESI
Air India New Boeing Delivery Schedules And Routes posted Fri Feb 17 2006 20:36:36 by Karan69
Air India And Indian Airlines Will Not Be Merged posted Fri Dec 2 2005 02:04:37 by Aseem
Possible Issues With An Air India-IC Merger posted Tue Oct 18 2005 00:28:19 by Kkfla737