Airbus submits C295 bid to Indian Air Force

October 28, 2014 20:25

Tata Sons and Europe's Airbus and have bid for a multi-billion dollar contract to replace the Indian Air Force's fleet of 56 Avro aircraft with Airbus' C295 transport planes. Under the bid, estimated by analysts to be worth at least $2 billion, Airbus' Defence and Space unit and Tata's Advanced Systems would replace the 56 Avro jets with Airbus' C295 transport planes, the European manufacturer said. Airbus would supply the first 16 planes in "fly away" condition from its own assembly line, while the subsequent 40 would be manufactured and assembled by Tata Advanced Systems in India.

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