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You can't buy planes with cash

Aerospace companies don't accept payments in cash for the million-dollar planes they sell

Business Standard 

At an Airbus press conference in Bengaluru, someone sprung the topic of demonetisation on Airbus India’s managing director, Srinivasan Dwarakanath. He was asked if Prime Minister Narendra Modi’s decision to scrap Rs 500 and Rs 1,000 currency notes would affect the sales of planes in the country. Pat came Dwarkanath’s response: “Aerospace companies don’t accept payments in cash for the million-dollar planes they sell.”

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You can't buy planes with cash

Aerospace companies don't accept payments in cash for the million-dollar planes they sell

Aerospace companies don't accept payments in cash for the million-dollar planes they sell
At an Airbus press conference in Bengaluru, someone sprung the topic of demonetisation on Airbus India’s managing director, Srinivasan Dwarakanath. He was asked if Prime Minister Narendra Modi’s decision to scrap Rs 500 and Rs 1,000 currency notes would affect the sales of planes in the country. Pat came Dwarkanath’s response: “Aerospace companies don’t accept payments in cash for the million-dollar planes they sell.”

image
Business Standard
177 22

You can't buy planes with cash

Aerospace companies don't accept payments in cash for the million-dollar planes they sell

At an Airbus press conference in Bengaluru, someone sprung the topic of demonetisation on Airbus India’s managing director, Srinivasan Dwarakanath. He was asked if Prime Minister Narendra Modi’s decision to scrap Rs 500 and Rs 1,000 currency notes would affect the sales of planes in the country. Pat came Dwarkanath’s response: “Aerospace companies don’t accept payments in cash for the million-dollar planes they sell.”

image
Business Standard
177 22