Saturday, August 17, 2013

Bombardier to explore market for CSeries in India

Chennai: Commercial aircraft manufacturer Bombardier Inc has said its 100-160-seater CSeries is expected to take off soon in the Indian skies and that the company is working with the government to find ways for financial institutions to become lessors for airlines.
This comes at a time when Indian airlines are looking at expanding operations to more Tier-II and -III cities.
“I am very excited that eventually we can bring in the CSeries into India. It can offer the latest technology with lower cost of operation, especially as the aviation industry is developing to Tier-II and -III cities,” said Mike Arcamone, president-commercial aircraft, Bombardier.
According to reports, the company has pushed back the first flight of the CSeries three times and recently said it was ready to fly in weeks.
The company has not revealed any timeline to launch the new product in India, but said it would be launched soon, “if the customer demands it”.
17/08/13 Gireesh Babu/Business Standard