Airbus: C295 deal formalised in India
(CercleFinance.com) - Airbus announces that India has formalised the contract to acquire 56 Airbus C295s that will replace the Indian Air Force (IAF) Avro fleet.
This programme ties in with the 'Make in India' initiative.
Under the contract, Airbus will deliver the first 16 aircraft 'key in hand' from its final assembly chain in Seville, Spain. The 40 following craft will be built and assembled by Tata Advanced Systems in India as part of an industrial partnership.
The first 16 planes will be delivered in the four years following the entry into force of the contract. All the C295s destined to the IAG will be delivered in transport configuration and equipped with an Indian electronic warfare system.
Copyright (c) 2021 CercleFinance.com. All rights reserved.
This programme ties in with the 'Make in India' initiative.
Under the contract, Airbus will deliver the first 16 aircraft 'key in hand' from its final assembly chain in Seville, Spain. The 40 following craft will be built and assembled by Tata Advanced Systems in India as part of an industrial partnership.
The first 16 planes will be delivered in the four years following the entry into force of the contract. All the C295s destined to the IAG will be delivered in transport configuration and equipped with an Indian electronic warfare system.
Copyright (c) 2021 CercleFinance.com. All rights reserved.