TAAL OF INDIA TO DEVELOP 15-SEAT AIRCRAFT, DEVELOP TIME-SHARE SERVICE

India's sole private-sector aircraft maker, Taneja Aerospace and Aviation Ltd. (TAAL) signed a Memorandum-of-Understanding with the federally-run National Aerospace Laboratories (NAL) to design and develop a 15-seater turboprop aircraft for civilian use. Budgeted at about 1.1- billion Indian rupees...

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