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10/27/10

Aircraft Industry: Airbus Military looks to India for A400M Grizzly airlifter

European aerospace major EADS is on the verge of bringing into markets its new A400M Grizzly to compete in Indian military proposals for inducting giant airlifters to boost its strategic reach.

Didier Vernet, Head of A400M Market Development, Airbus Military, said the European consortium is looking to increase sales of the multi-national four-engine turboprop military transport aircraft outside Europe, particularly to "the lucrative Indian defense market".

He said Airbus Military is looking beyond the continent for new business as it inches ahead to ink a final agreement among the launch nations -- France, Germany, Spain, the UK, Turkey, Belgium, and Luxembourg. Currently 180 aircraft are ordered by the seven launch nations, with an additional four from Malaysia.

For more: Airbus Military looks to India for A400M Grizzly airlifter

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