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Low-Cost Air Carriers Will Boost Giant AirBus A380 Orders
NewswireToday - /newswire/ -
Hanover, Germany, 06/17/2005 - With recent sales of giant Airbus A380 during Paris International Air Show including undisclosed orders it looks like Airbus Industries have picked up the right strategy and may reach the break-even of 254 airliners in a very near future..
Kingfisher Airlines is already an important Airbus customer – it has ordered ten A320s and three A319s, and has options on a further 20 single-aisle aircraft. It has established itself as an air-travel phenomenon in the Indian market, introducing new standards in passenger appeal – such as personal video-screens in every seat. In quickly establishing a formidable record for quality of service and reliability in the Indian skies, Kingfisher is rapidly becoming a favourite of discerning passengers.
During this week the airline announced order of five A380. Airbus has sold 144 A380 so far and may reach the break-even of 254 airliners in a pretty near future.
About Kingfisher Airlines
Kingfisher Airlines is a wholly owned subsidiary of United Breweries Holdings Limited, The UB Group’s investments holding company. The Airline has been allocated the IATA airline code of ‘IT’. The UB Group is one of India’s largest conglomerates with a turnover of US$ 2 billion and is the largest Indian manufacturer of beverage alcohol—beer and liquor. With the completion of a transaction to acquire a 54.54 per cent stake in Shaw Wallace and Company Ltd by end June 2005, the UB Group will become the second largest liquor company in the world with annual sales in excess of 60 million cases.
About Airbus Industries
Airbus is a leading aircraft manufacturer whose customer focus, commercial know-how, technological leadership and manufacturing efficiency have propelled it to the forefront of the industry. With a turnover of slightly over 20 billion euros in 2004, Airbus today consistently captures half of all commercial airliner orders. The company also continues to broaden its scope and product range by applying its expertise to the military market.
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