Indian aviation's out of turbulence zone: Boeing

Mumbai: The world’s second-largest plane manufacturer Boeing said on Tuesday that the worst was over for the Indian aviation industry and its forecast for airlines in the country was bullish for 2010.
“Keeping capacity in check, a rise in demand and stable fuel prices have helped Indian carriers carry record passengers in December,” Dinesh Keskar, president, Boeing India, told reporters on the sidelines of a cargo meet in Mumbai.
Signs of recovery for the aviation sector in India can be gauged from the increase in domestic travel in the last quarter, he said. Indian airlines carried a record 4.49 million passengers in December. “This has also helped them maintain better yields and prevented them from selling seats below cost,” Mr Keskar added.
Talking of the plane maker’s India order book, Mr Keskar said Boeing will deliver nine aircraft this calendar year to Air India, JetLite and SpiceJet. Boeing has a backlog of 85 firm orders from India and there have been no cancellations or deferrals so far, Mr Keskar said.
03/02/10 Economic Times

To Read the News in full at Source, Click the Headline

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