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The India Airlines – IDBI Deal

This is a discussion on The India Airlines – IDBI Deal within the Business News forums, part of the Business Chat category; The State owned Indian Airline is in talks with IDBI to raise Rs.2,400 crore in rupee loan for ...


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Old 12-12-2006, 09:29 AM
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Default The India Airlines – IDBI Deal

The State owned Indian Airline is in talks with IDBI to raise Rs.2,400 crore in rupee loan for financing the purchase of 10 mint-fresh planes from Air-bus, starting 2008.

This will be the first time the airline is seeking rupee financing for aircraft purchase. Do you have anything to add to this ?.
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Old 12-13-2006, 03:06 PM
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Default Re: The India Airlines – IDBI Deal

What sort of planse are the buying?

Good on them for wanting to expand! Maybe they need to to stay competitive.
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Old 12-14-2006, 12:46 AM
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Default Re: The India Airlines – IDBI Deal

interesting , indian airlines seem to have huge plans ahead, probably these would be jumbo passenger planes for travel flights within anf outside india
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