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Wednesday, May 9, 2007

Airbus

European aviation giant Airbus plans to invest over one billion dollars in the Indian aviation industry in the next 10 years.The investment will cover training, setting up a maintenance facility, and a design and engineering centre.Airbus, part of the EADS group, has said it expects Indian firms to place orders for 1,100 passenger and freighter aircraft valued at about $105 billion over 20 years.

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