Jay Menon

India Correspondent

Delhi, India

Summary

Articles

Jay Menon
Air Costa, a new regional carrier in India, aims to acquire more Embraer E-Jets to supplement its current fleet of two E-170s as part of a two-year, $100 million investment plan. The start-up, which will be based in the Andhra Pradesh state in southern India, is a part of LEPL Group, an infrastructure and real estate company. “The airline has already taken delivery of two Embraer 170 aircraft, and will add three more by the end of this year,” says Air Costa Chairman L. Ramesh.
Air Transport

Jay Menon
Etihad Airways is set to introduce the Boeing 777-200LR to its fleet after cementing plans to purchase five of the widebodies from Air India. Subject to approvals, the aircraft will be delivered to Etihad from the beginning of 2014, and each will be re-fitted in a three-class cabin configuration consistent with similar aircraft in the Middle Eastern carrier’s fleet. The first aircraft is expected to enter service in April.
Air Transport

Jay Menon
NEW DELHI — AgustaWestland has invoked its contractual right to arbitration over the bribery scandal that tainted its sale of AW101 helicopters to India for VIP transport. India has suspended payments on the €560 million ($762.91 million) contract to buy 12 AW101s and has threatened to cancel the purchase of the helicopters if the charges of bribery to middlemen both in India and abroad are proven. AgustaWestland asserts such a move would violate the terms of the 2010 contract.
Defense and Space