Boeing upset as KF, Jet tie up

Hyderabad: The operational alliance between Kingfisher Airlines and Jet Airways has the global aircraft manufacturer Boeing a tad worried despite
the fact that there has not been any cancellations or deferrals of orders from any of the Indian carriers so far.
"..But with the Kingfisher-Jet Airways alliance, we are not sure what will happen," Dinesh Keskar, senior vice-president, sales of commercial airplanes at the Boeing Company said.
The worry obviously stems from the fact that Kingfisher and Jet, which together command nearly 60 per cent share of the Indian market, are planning to share resources.
Kingfisher has already downsized its order to the Airbus. Jet, which has ordered for 10 Boeing 787 dreamliners, has not so far indicated any change in its plans.
Air India, however, wants its aircraft earlier than originally planned, he said. It has asked for 27 Boeing 787 dreamliners.
Despite the current state of the airline industry, Keskar is bullish about the Indian market. He said, in the next 20 years Indian carriers are expected to buy a total of 1001 aircraft worth $105bn.
15/10/08 Padmaja Shastri/Times of India

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Categories: Foreign Oct 2008, Jet Airways Oct 2008, Kingfisher Oct 2008