Despite the turmoil faced by the Indian aviation industry, aircraft manufacturer Airbus says India could be the fourth biggest market for passenger aircraft over the next 20 years. It
India will require 1,043 new passenger and cargo aircraft valued at $ 145 billion between now and 2030, according to a market forecast by aviation major Airbus. Of this, 1,020
The world's dominant planemakers scored new orders as Airbus put the finishing touches to a record 2011, cruising peacefully for now above debt turmoil and new airline cutbacks in Europe.
Airbus, a unit of aerospace group EADS, eyes challenges stemming from a possible global recession brought on by the euro zone debt crisis but Asia, notably China, will provide a
Danish aircraft parts distributorSatair has agreed to be taken over byEuropean planemakerAirbus in a deal valued at over $500 million.
Shares in Satair leapt as much as 22
Airbus has orders worth $35 billion with Indian carriers a senior company official said on Friday.
Airbus has an order backlog of more than 400 planes to be delivered
Budget carrier IndiGo firmed up a record order for 180 single-aisle Airbus aircraft at the Paris Air Show on Wednesday.
The order includes 150 of Airbus' revamped A320neo aircraft and
Rival plane makers Boeing and Airbus notched up combined contracts worth over $ 16 billion on the second day of the Paris Air Show here today, signalling return of positivity
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