India to get 100 new Boeing jets

Bangalore: US aircraft maker Boeing Co will deliver 100 planes worth $17 billion over the next four to five years to Indian airlines, and will have to compensate some for the late delivery of 787 Dreamliners, the president of its Indian operations said.
"We clearly want to extend our footprint in India," Dinesh Keskar, president of Boeing India, told reporters at the launch of Boeing's research and technology centre in the southern city of Bangalore.
The outstanding orders were part of the $25 billion aircraft delivery contracts Boeing had signed with Indian airlines in the past three years, he said.
"We have a steady stream for deliveries coming to India," said Keskar, also noting Boeing would pay compensation to national carrier Air India and Jet Airways for the delay in delivery of 787 Dreamliners.
He declined to quantify the amount of compensation.
Last year, Boeing had projected India would need 1,001 aircraft worth more than $105 billion over the next 20 years and Keskar said the forecast was still valid despite the econ-omic downturn that has impacted the global aviation industry.
03/04/09 Reuters/Gulf News, UAE

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Categories: Foreign Apr 2009, Indian Aviation- In General Apr 2009