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Post Info TOPIC: A380 delay --- Airbus to pay Mallya one billion rupees?


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A380 delay --- Airbus to pay Mallya one billion rupees?
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This man has luck!! Must be laughing his guts out.


If only Air India had gone in for A380s!!!


http://www.forbes.com/markets/feeds/afx/2006/10/06/afx3071468.html
Airbus to pay India's Kingfisher over one bln rupees for A380 delay - report
10.06.2006, 02:30 AM


NEW DELHI (XFN-ASIA) - European aircraft manufacturer Airbus has agreed to pay Kingfisher Airlines over one bln rupees (22 mln usd) for a delay in delivering five A380 superjumbo aircraft, the Economic Times reported.


The airline, which is owned by the UB group, ordered the aircraft last year.


'Airbus has communicated that they are postponing deliveries of the aircraft and the first aircraft will now be delivered only by 2011,' UB group chairman Vijay Mallya was quoted as saying.


It is unclear whether the compensation to Kingfisher for the A380s would be in the form of discounts or payment, the report said.


Airbus announced this week a one-year delay in the project, its third such announcement.


Kingfisher placed orders at the Paris airshow last year , signing up for 15 planes -- five A380s, five A350s and five A330s in a deal estimated to be worth about 3 bln usd.


 


 



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He is indeed lucky on this account. Not only does he get compensation, but witht the further delay he now wont have to worry about what to do with the planes before he is allowed to fly international.


Cheers



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Good for the money if VJM ever needed it .


Wouldn't getting the Aircraft on time have been priority.


regds


MEL



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But Mallya was quite optimistic in getting his aircrafts on time as it is it won't make much difference as he will operate the A345s till the A380s come.


So its a bonanza for him.



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calculation seems to be weird when other airlines have shaken Airbus by their compensation demands Mallya's compensation seems only to be 19.8 crore Rs per aircraft.


Quite less compared to SQ, QF and EK


by the way for those who haven't seen here are some photoshop pictures of IT's future aircrafts



-- Edited by the_380 at 14:24, 2006-10-07

Attachments
IT A340-500.jpg (22.2 kb)
IT A380.jpg (150.0 kb)
IT A330.jpg (379.1 kb)
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Well you cant expect Mallya to getas much compensation/plane as compared to SQ,EK or QF, he has ordered far fewer planes than them. Not the VJM needs the money, he'll prolly use them as a discount on other a/c.


Cheers



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the_380 wrote:



by the way for those who haven't seen here are some photoshop pictures of IT's future aircrafts





Did you do those.Fantastic.


regds


MEL



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No No Not at All I found them at http://www.cardatabase.net/modifiedairlinerphotos/


I dont even have photoshop i use MS Paint



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Ok.Then lets rephrase to "Good find"


regds


MEL



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the_380 wrote:



No No Not at All I found them at http://www.cardatabase.net/modifiedairlinerphotos/


I dont even have photoshop i use MS Paint





haha! MS PAINT
 
j/k
 
dude, thanks for the link... sweet photos. damn that 380 looks sweet in kingfisher livery

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That guy sure is lucky!!
He struck the iron when it was RED hot! (without realising it!)

Fate is on his side!

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All i can say is that 380 crore loss for 1 year just got reduced a bit

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PlaneObsessed wrote:


haha! MS PAINT   j/k   dude, thanks for the link... sweet photos. damn that 380 looks sweet in kingfisher livery



Here are some more aircrafts at MAP's database


Image


KINGFISHER AIRLINES B777-300ER!!!


http://www.cardatabase.net/modifiedairlinerphotos/search/photo_search.php?id=00006958


Image


KINGFISHER AIRLINES CARGO B747-400!!!


http://www.cardatabase.net/modifiedairlinerphotos/search/photo_search.php?id=00006956


Image


KINGFISHER AIRLINES B747-400!!!


http://www.cardatabase.net/modifiedairlinerphotos/search/photo_search.php?id=00006955


Image


KINGFISHER AIRLINES EMBRAER ERJ-190!!!


http://www.cardatabase.net/modifiedairlinerphotos/search/photo_search.php?id=00006949


ANOTHER ONE!!!!


Image


KINGFISHER AIRLINES A380


http://www.cardatabase.net/modifiedairlinerphotos/search/photo_search.php?id=00006380



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