GoAir says Pratt & Whitney deal for $1 bln
NEW DELHI (Reuters) - Low-cost airlines GoAir's engine supply deal with Pratt & Whitney, a unit of United Technologies Corp(UTX.N), is valued at about $1 billion, Jeh Wadia, managing director of the Indian company, told Reuters on Wednesday.
GoAir is also in talks with various infrastructure providers to import jet fuel once the government formally allows it, he said.
(Reporting by Anurag Kotoky; Editing by Rajesh Pandathil)
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India approved on Saturday the purchase of 814 mounted gun systems for the army at a cost of 157.5 billion rupees ($2.55 billion), a defence ministry spokesman said. Full Article