| 5 more Airbus A380s, on order by Kingfisher. |
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 Kingfisher airlines, who owns Airbus A380 in India, are planning to order 5 more Airbus A380 according to sources who revealed about this mega purchase.Along with this order there are more orders put in place for 5 A340-600S and 5 A350S at this months Paris Air show, as per the information revealed by the sources. The value of this purchase may be estimated at $3.6 billion. The A380 brought by Vijaya Mallya is already booming in India and there are plans such that as said by Anish Desai that "The bet on this aircraft is that it will bring down fares on routes between key cities," an analyst at ABN Amro Asia Equities Ltd.in Mumbai, which means that would spur demand. A Mumbai based analyst,Amitabh Chakraborty said that "Kingfisher has to buy new planes to add more routes and increase its market share.There is a tremendous amount of latent demand in India that needs to be serviced by the carriers." Along side Emirates airlines, Singapore airlines and Qantas Airways, Kingfiher airlines may be the 4th A380 customer to place additional orders. Kingfisher airlines are targeting customers in Jet Airways Ltd, which is considered to be India's largest domestic carrier and are planning to become the largest passenger carrier in near future.According to Indian Government, India,s Air travel market may grow sixfold to 180 million passengers by 2020. It looks like there are more demands for flights in India and we may see many more Airlines rising in India, which is consider to be the second fastest growing major economy. There are 450 planes costing 30 billion US dollars from Airbus and Boeing in the past four years so that this increase in fleet may provide better services for increasing people who want to travel by Air. Airlines in the country may buy another 1,110 planes valued at $105 billion by 2025, Airbus said Dec. 7. To contact the reporter on this story: Santanu Choudhury in New Delhi at schoudhury5@bloomberg.net
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