Jagson Airlines to acquire 20 Airbus New Delhi: Jagson Airlines, which is expected to commence its scheduled services mid-2006, Thursday announced plans to purchase 20 Airbus A321 aircraft at an estimated cost of $1.3 billion.
"We have almost finalised the deal for 20 Airbus aircraft. We are, at the moment, negotiating on delivery dates," Jagson Airline CEO Uttam Kumar Bose said. The company is trying to persuade the French Airbus consortium for an early delivery in 2007. The discussions with Airbus were held at the ongoing Singapore Air Show and the financing modalities were also being worked out. "We plan to acquire 20 Airbus A321 aircraft with a firm order of 14 aircraft and an option of six other aircraft." Bose said. "We will begin our operations with six leased aircraft. The inaugural flight between Delhi and Bangalore will be in April or May." Bose reiterated that Jagson Airlines, which plans to cover nine cities by year-end, would be the first low-cost carrier in the country to operate a two-class configuration of premium executive and executive targeting economy class travellers. "We will offer them maximum benefits in terms of comfort and services and attract new customers with our premium services at competitive cost." Jagson, which is the country's first registered airline, will start operations with a minimum paid-up capital of Rs.500 million and has an expansion plan over the next three years with an investment of Rs.15,000 million. Newkerala.com =============== [EMAIL PROTECTED] for Goa & NRI related info... http://in.groups.yahoo.com/group/GOAN-NRI/ for Goa & Goa Flights info.. http://uk.groups.yahoo.com/group/LetsGotoGoa ___________________________________________________________ To help you stay safe and secure online, we've developed the all new Yahoo! Security Centre. http://uk.security.yahoo.com
