Indonesia's Mandala Air to buy 18 Airbus planes for S$2 bln
JAKARTA "“ Indonesian airline PT Mandala Airlines plans to buy 18 Airbus A320 planes worth US$1.6 billion (S$2 billion) by 2014, in an effort to capture growing middle class travel in Southeast Asia's largest economy, its major shareholder said on Friday.
Mandala, which operates domestic routes and partners with minority shareholder Singapore's Tiger Airways for international flights, currently operates seven A320s. Mandala will use an existing Tiger option to buy the Airbus medium-haul jets.
Read full story: todayonline.com
Posted: 7 Apr 2013 23:25:29