Airbus team coming, Rafale deal by March end, say sources

Business Line - 1/21/2015

Even as India is to discuss again France the $22 billion deal to supply 126 Dassault Rafale fighter jets to the Indian Air Force, a big team from Airbus is set to land in India on January 21, ahead of US President Barack Obama’s visit. The timing of the visit is significant, say informed sources. Airbus which had held 46.32 per cent of Dassault Aviation, had sold 8 per cent of the company back to Dassault for $979 million late last year.

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