India's Air One Aviation Pvt. is seeking $2 billion of jets to take on
Singapore Airlines Ltd.'s venture in the country, stoking competition in
a market where carriers lost almost $10 billion in seven years.
Air One, among six companies that last month got initial approval to start airlines in India, is looking at Airbus Group NV's A320s and Boeing Co.'s 737s, its director Alok Sharma said in an interview yesterday. At list prices, 20 Boeing 737-900ERs cost $1.98 billion, although airlines typically get discounts.
Air One, among six companies that last month got initial approval to start airlines in India, is looking at Airbus Group NV's A320s and Boeing Co.'s 737s, its director Alok Sharma said in an interview yesterday. At list prices, 20 Boeing 737-900ERs cost $1.98 billion, although airlines typically get discounts.






