Liquor baron Vijay Mallya's Kingfisher Airlines will begin receiving from 2007 the 15 aircraft it has ordered from France-based ATR for an estimated $270 million.
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Mallya's fresh deal, inked here Sunday to coincide with French President Jacques Chirac's visit to India, includes a firm order for 15 ATR 72-500s planes and an option to buy 20 more later.
The planes equipped with in-flight entertainment systems will be used as feeder aircraft on smaller domestic routes to link Kingfisher's four hubs of Delhi, Mumbai, Kolkata and Bangalore.
The airline had in November 2005 placed an order for 20 ATRs at a cost of $370 million, with an option for 15 more.
While the fresh order signifies the confirmation of the previous option, the airlines now has a fresh option for 20 more ATR aircraft.
The airline currently has a fleet of 11 aircraft, including nice Airbus A-320s and two A-319s. The first ATR of the previous order is expected to land in India by March, a company official said.
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