As Indian traffic picks up, Boeing sees revival in orders this year

Farnborough, UK: US-based aircraft maker Boeing Co. expects new orders from Indian carriers in the second half of 2010 as the passenger market expands and more local airlines start flying international routes.
The company is also expecting changes to its existing order book from Air India and Jet Airways (India) Ltd as these carriers expand operations.
“I have always said there would be some orders next year in keeping with the true potential of India,” Boeing India chairman Dinesh Keskar said on the sidelines of an air show. “And in some instances, depending on the lead time issues, some (orders) could be this year.”
Keskar did not specify if some of the orders would be from SpiceJet Ltd, which has recently been taken over by Kalanithi Maran, but indicated that most other carriers in India that use a Boeing fleet already have healthy orders in place.
“As they define the plans, we will be there to help them,” he said, referring to SpiceJet, which flies 21 Boeing 737 aircraft and is now also going international.
The low-cost carrier will induct just over half a dozen more planes till 2012, according to its current plans.
Indian airlines registered a passenger growth of about 22% in the first half of 2010 on the back of an economic recovery, leaving behind a sluggish 7% growth last year.
As many as 25.71 million passengers travelled on domestic carriers between January and June, compared with 21.09 million in the same time last year, a rise of 21.9%.
21/07/10 Tarun Shukla/Live Mint

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

Categories: Farnborough airshow 2010, Foreign Jun 2010, Indian Aviation- In General Jul 2010