Hyderabad-based Flyington will reportedly pay $175 million for each Airbus plane. The proposed deal with Boeing was valued at almost $1 billion at list prices.
The A330-200F is capable of carrying 64 tons of cargo up to 7,400 kilometers, or 69 tons up to 5,930 kilometers in payload mode configuration. The A330-200F will be delivered to the startup Indian airline in the second half of 2009.
“We opted for an all-Airbus fleet of freighters because the A330-200F offers unbeatably low operating costs and significant operational benefits,” said Venkattram Reddy, Flyington’s chairman. “The aircraft will give Flyington Freighters a solid springboard for success in the rapidly expanding Indian freighter market.”
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now