(BFW) Air One Seeks $2 Billion of Jets to Fight Singapore Air in India

Boeing or Airbus ? looks like not defined yet...


BN 08/28 06:15 *AIR ONE DIRECTOR ALOK SHARMA COMMENTS IN INTERVIEW IN NEW DELHI
BFW 08/28 06:15 *INDIA'S AIR ONE SAYS IN TALKS FOR $2B OF BOEING OR AIRBUS JETS
BN 08/28 06:15 *AIR ONE PLANS TO START FLYING FULL-SERVICE CARRIER BY MID-2015
BFW 08/28 06:15 *AIR ONE'S SHARMA: AIM TO LEASE 20 BOEING 737S OR AIRBUS A320S

Air One Seeks $2 Billion of Jets to Fight Singapore Air in India
2014-08-28 06:21:57.464 GMT


By Anurag Kotoky
Aug. 28 (Bloomberg) -- Air One Director Alok Sharma
comments on plans for airline in an interview in New Delhi.
* Air One in talks for $2b of Boeing or Airbus jets
* Sharma: Air One aims to lease 20 Boeing 737s or Airbus A320s
* Sharma: Plan to start flying full-service carrier by
mid-2015
* NOTE: Air One among six companies that last month got
permits to start airlines in India
* NOTE: Indian carriers have lost a combined 594 billion
rupees ($9.8 billion) over the past seven years, Sydney-
based consultancy CAPA Centre for Aviation estimates
* Related News:
* Singapore Air’s India Venture Eyes Flights Abroad
* Jet Air to Close Budget Unit in Profit Search


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To contact the reporter on this story:
Anurag Kotoky in New Delhi at +91-11-4179-2019 or
akotoky@bloomberg.net
To contact the editors responsible for this story:
Arijit Ghosh at +91-22-6120-3649 or
aghosh@bloomberg.net
Sunil Jagtiani, Karthikeyan Sundaram