Kingfisher seeks price cut in next order as A380 compensation

Kingfisher Airlines is looking at price cuts for future aircraft purchases from European plane maker Airbus Industrie as compensation for the delay in delivery of its largest commercial plane A380.

The airline, promoted by India’s largest distiller UB Group, intends to place an order with Airbus for a long-range aircraft ‘A345’ ahead of foraying into international routes.

“We will be acquiring more aircraft…Perhaps the A345S. We won’t be going for just a compensation cheque from Airbus, but will negotiate for some price adjustments,” a source familiar with the development told a news agency.

The company would negotiate with Airbus for a concession in rates, which would effectively compensate for the delays in A380 deliveries, the source added.

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