India formalises acquisition of 56 Airbus C295 aircraft
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PARIS - India has formalised the acquisition of 56 Airbus C295 aircraft to replace the Indian Air Force (IAF) legacy AVRO fleet, said the European planemaker on Friday.
Under the deal, Airbus will deliver the first 16 aircraft in 'fly-away' condition from its final assembly line in Seville, Spain, added Airbus.
The subsequent 40 aircraft will be manufactured and assembled by Tata Advanced Systems (TASL) in India as part of an industrial partnership between the two companies.
(Reporting by Dominique Vidalon; Editing by Sudip Kar-Gupta)
