Flying-Tiger From Germany, joined Aug 1999, 4115 posts, RR: 39 Posted (5 years 10 months 1 week 2 days 2 hours ago) and read 1333 times:
Quote: Private Pakistani airline Airblue said Thursday it plans to buy eight to 14 new passenger aircraft, which are likely to cost a total of $ 400 million to $700 million.
The deliveries will begin in 2009 and are likely to be completed in 24 to 42 months' time.
A decision will be made within the next two months - likely during October's Dubai Air Show - on what type of plane will replace the existing fleet of leased aircraft, Airblue Chief Operating Officer Shahid Khaqan Abbasi told reporters in an informal briefing.
At about $50 million an aircraft, the deal is expected to be worth between $ 400 million and $700 million, he said.
"The airline needs short- to medium-haul aircraft," he said, adding that the choice had been narrowed down to between the Airbus A320 and the new generation 737 from Boeing Co. (BA).
However, a senior airline official, who asked not to be named, said the company has all but settled on the A320.