SIA picks A320 over Boeing 737 for Indian JV

[SINGAPORE] Singapore Airlines (SIA) has chosen Airbus's A320 to launch its new Indian joint venture with Tata Sons, scoring a victory over rival Boeing as the airline market in Asia's third-biggest economy shows signs of a revival.

Sources familiar with the decision said a project team picked the European plane in preference to Boeing's 737 - the aircraft ordered by low-cost operator SpiceJet to expand its fleet in a deal reported by Reuters on Tuesday.

"It's going to be an Airbus A320 fleet. The aircraft will be on lease," spokesman Sanjay Singh said in a statement.