Mandala Airlines to Buy 18 Airbus A320

Mandala Airlines plans to buy 18 Airbus A320 planes worth $1.6 billion by 2014, in an effort to capture growing middle class travel.

(Reuters) - Indonesian airline PT Mandala Airlines plans to buy 18 Airbus A320 planes worth $1.6 billion by 2014, in an effort to capture growing middle class travel in Southeast Asia's largest economy, its major shareholder said on Friday.

Mandala, which operates domestic routes and partners with minority shareholder Singapore's Tiger Airways for international flights, currently operates seven A320s. Mandala will use an existing Tiger option to buy the Airbus medium-haul jets.

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