Bombardier Says India May Buy $8 Bln of Regional Planes by 2025

Bombardier Inc., the world's third- biggest planemaker, expects Indian carriers to buy as many as 400 small planes valued at $8 billion in the next two decades as demand for air travel gains in India's small towns.
Bombardier is in talks with Jet Airways (India) Ltd., the nation's biggest domestic airline, and low-fare carriers such as SpiceJet Ltd., which are seeking orders for planes that can seat between 50 and 100 people, Trung Ngo, Bombardier vice president for marketing and communications, said in an interview in Mumbai today. The Montreal-based company aims to win a 55 percent share of the market for such planes in India by 2025, he said.
Bombardier, which hasn't sold any of its regional aircraft in India, is counting on traffic growth in small towns in the world's seventh-biggest country by area to generate demand for its planes after missing out last year on the nation's record orders. Indian carriers have been buying bigger aircraft to cut costs, and now want smaller planes to feed into their hubs.
27/04/06 Bloomberg

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