Air­bus to re­duce or­ders placed by King­fisher Air­lines from its book

The Pak Banker - - COMPANIES/BOSS -

HYDERABAD: Air­plane man­u­fac­turer Air­bus SAS on Thurs­day said it will con­tinue to re­duce air­craft or­ders placed by Vi­jay Mallya-pro­moted King­fisher Air­lines Ltd, which has not flown since 2012. Air­bus ex­ec­u­tives said Mallya's King­fisher Air­lines had or­dered five Air­bus A380, the largest civil­ian air­plane ever built, and 10 A350 planes. Joost Van dee Hei­j­den, vi­cepres­i­dent, mar­ket­ing Asia and cus­tomer affairs at Air­bus SAS, said the com­pany is con­tin­u­ing to re­duce its or­ders from the or­der book list. He said the cur­rent 70% of the mar­ket share of Air­bus is ex­clud­ing King­fisher Air­lines' or­ders. He did not dis­close de­tails about other or­ders, in­clud­ing Air­bus A330s and Air­bus A320s. How­ever, the web­site of Air­bus still fea­tures the name of King­fisher Air­lines along with its then low-fare sub­sidiary King­fisher Red. King­fisher Air­lines was the first In­dian air­line to place or­ders for A380 and Mallya brought the first A380 to In­dia as a demon­strated flight be­fore its was grounded.

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