No Boeing deliveries to India till end-2010

Mumbai: There will be no major deliveries from Boeing to the Indian aviation industry till end-2010 and early 2011.
“We are not delivering planes to anyone - be it Air India, Jet Airways or SpiceJet,” Mr Dinesh Keskar, Boeing India President, said.
“For Air India, three Boeing 777s being built will be delivered late next year. The remaining three that were ordered have been deferred. We have not heard of any cancellations. They will get 787s (Dreamliners) towards the second quarter of 2011, by which time we expect Air India to recover from the crisis,” he added.
Jet Airways, he said, would get planes only in 2011 and “the markets should revive by then”.
For 2009, Boeing’s forecast is that the Indian market will require 1,000 commercial jets valued at around $100 billion over the next 20 years. This represents over three per cent of commercial aeroplanes’ market worldwide, according to Boeing’s forecast.
According to Boeing India’s Web site, in 2006, Air India made an order of $11 billion for 68 aircraft, considered the largest commercial order in India’s civil aviation history.
Jet Airways has an order for ten 787 Dreamliners. Placed in December 2006, the order is valued at over $1.5 billion at list prices. The airline has also finalised an order for 20 737-800, valued at nearly $1.5 billion at current list prices, in 2007.
In 2007, Jet also announced exercising options for three 777-300 ER (Extended Range) airplanes. Valued at more than $790 million at list prices, this order follows a previous one for 10 777-300ERs in September 2005, for a combined 13 777-300ERs. In 2005, SpiceJet placed an order for 20 Boeing 737-800 planes. It placed a firm order for ten, valued at $630 million at list prices, and had options for ten more. In 2006, the New Delhi-based carrier announced that it had converted its ten options into an order for five 737-800s and five 737-900ERs. The order is valued at over $700 million at list prices.
02/11/09 Shubhra Tandon/BusinessLine

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