Thursday, May 10, 2007

Bombardier looking to make a dent in small aircraft market

New Delhi: Turboprop maker ATR is the undisputed leader in India’s small aircraft segment, with a 90 per cent market share. But in view of dynamic changes in the regional sector and the recently announced fuel tax exemption for regional jets, Bombardier is looking to make a dent in the market.
Despite its global market share of 60 per cent, Bombardier has made no break-even deals with Indian companies yet. Its last significant deal was a lease of seven aircraft to Air Sahara.
Industry sources say Bombardier offered Air Deccan and Spice Jet aircraft at reduced prices, but both chose to stick to their current family of aircraft.
Analysts also say it might take time for the two manufacturers to break even in the Indian aircraft market.
To combat factors such as unavailability of spare parts and adequate maintenance facilities, Bombardier is now planning a maintenance repair and overhaul (MRO) facility at Mumbai or Hyderabad.
Analysts are positive that Bombardier’s time will eventually come, especially going by recent developments in the aviation scenario.
10/05/07 Anirban Chowdhury/Business Standard
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