| | Airbus Will Invest $1 Billion in Growing India Travel Market - New York Times (Site not responding. Last check: 2007-10-24) |
 | | The company said it would spend $300 million in setting up a pilot-training school and $250 million on an engineering unit, both likely to be situated in India’s technology hub, Bangalore. |
 | | The investment is part of a $500 million commitment to the Indian government, which recently ordered 43 Airbus aircraft for Indian Airlines, the state-owned domestic carrier, in a $2.25 billion deal. |
 | | The fierce global rivalry between the world’s two leading aircraft makers, Airbus and its American competitor, Boeing, is escalating in the rapidly growing Indian market. |
| www.nytimes.com /2006/12/08/business/worldbusiness/08airbus.html?ex=1323234000&en=40e4cccad3cdb448&ei=5088&partner=rssnyt&emc=rss (628 words) |