Boeing, Airbus fight over market share in India

Mumbai: With around 242 aircraft expected to be delivered to Indian carriers over the next five years between 2010 and 2014, Boeing and Airbus are locked in battle over market share.
According to Boeing India president Dinesh Keskar, the company is supposed to deliver an additional 100 aircraft to its Indian customers over the next five years. Talking to FE, Keskar said, “We have not had any cancellations from India and so far our orders are intact.” Boeing’s main customer is National Aviation Company of India, which alone accounts for 68 aircraft orders.
Airbus is slated to deliver 142 aircraft according to a company official. This would take its share to around 54% of the total 680 aircraft expected to be in operation. Airbus’ primary customer in India is Kingfisher Airlines.
Of the total 440 aircraft in use today, Airbus accounts for 223 or 51%, while close to 220 aircraft come from the Boeing stable. In 2005, Indian carriers were operating close to 200 aircraft and Keskar estimates that the country will need around 1000 aircraft, valued currently at close to $100 billion (Rs 470,000 crore), over the next 20 years.
Airbus delivered its first aircraft in 1976 to the erstwhile Indian Airlines, and with carriers like Kingfisher Airlines, Jet Airways and Air India, among its current crop of customers, the company estimates that the country will need around 992 aircraft by 2026.
19/01/10 Shaheen Mansuri/Financial Express

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Categories: Foreign Jan 2010, Indian Aviation- In General Jan 2010