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Tue, Jan 25, 2011

Indian Company Hopes To Unveil New Aircraft In March

Mahindra Aerospace VP Says It Will Beat Cessna By 20 Percent On Price

An Indian company which has a small civilian aircraft in development for that country's domestic market says it hopes to have an airplane to show by March.

Speaking on the sidelines of an event in Mumbai, Mahindra Engineering Vice President Hemant Luthra said that the company has targeted March for the roll-out of its first "indigenous" small aircraft, but that there area still certification issues to be resolved. He was not specific about those issues.

Luthra did say that the company hopes to be able to sell its five-place and eight-place aircraft at a price that is about 20 percent below a comparable Cessna.

The Economic Times reports that the aircraft are being developed at the company's facility in Bangalore. The cost of the project has not been revealed.

FMI: www.mahindraengineering.com/

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