Indian Airlines reached a deal with KfW IPEX-Bank of Germany for $500 million in financing toward the carrier's purchase of 20 A321s, 19 A319s and four A320s (ATWOnline, Feb. 22, 2006). The carrier expects to take delivery of 10 aircraft this year and has 12 years to repay the loan. HSH Nordbank is joint underwriter. Separately, Indian launched thrice-weekly nonstop Delhi-Kochi service Feb. 18 aboard an A319. It will continue to connect the cities daily via Mumbai.
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