Strong Market For The European Maker

It's almost become tradition, to expect a big order from India to be announced at an airshow. That trend will likely continue later this month, as India's Go Air is expected to announce a big fleet deal at the biennial Asian Aerospace Show in Singapore. Word on the street also says that fleet will be built by Airbus.

Go Air is playing the deal close to the vest... but says there will definitely be news of a major acquisition at the Singapore show. 

"The plan is to make an acquisition, keeping in mind the airline’s long-term expansion plans," Go Air’s managing director Jeh Wadia told India's Economic Times.

As Aero-News reported, the influx of orders from Indian carriers began in earnest at last year's Paris Air Show, when upstart low-cost carrier IndiGo placed an order for 100 Airbus A320, in a deal valued at $13 billion list. Kingfisher Airlines also ordered several A380s and A320s in Paris.

It is expected the Go Air order will continue that trend, in both number of orders and the lucky manufacturer they're awarded to.

Airbus, understandably, is thrilled.

"India is one of the world’s most promising markets and it is predicted that 100 m(illion) new urban middle-class consumers will become potential air travellers by 2010," Airbus said in a prepared statement.

FMI: www.goair.in