DUBAI Oct 9 Abu Dhabi's Etihad Airways will buy five Boeing 777-200 aircraft from Air India, the United Arab Emirates' carrier said in a statement on Wednesday.
The two airlines signed a letter of intent this week and the long-range planes will be delivered from early 2014, subject to approvals. Etihad will use these on its new route between Abu Dhabi and Los Angeles, announced yesterday, which starts in June next year.
Etihad Airways' fleet will reach 87 aircraft by year end, with 14 new deliveries from aircraft manufacturers during 2013, the statement said.
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What seemed like a possibility for the Nifty to cross the 8,000 mark just two weeks ago has now turned out to be a far-fetched dream. A 7,950-8,000 range could be used to book partial profits and re-enter closer to 7,750-7,800 for the next couple of weeks. The next big trigger would be the arrival of monsoons, writes Ambareesh Baliga. Read