Toulouse: Europe-based aircraft manufacturer Airbus is sanguine about its prospects in India. “The company has a market share of 70 per cent in India and its presence is going from strength to strength”, said Kiran Rao, Executive Vice-President, Strategy and Marketing, at Airbus.
Speaking last week at the Airbus Innovation Days 2013 in Toulouse, Rao said that Airbus is very happy with its market position in India. Low cost carriers IndiGo and GoAir have placed large orders for the A320 aircraft, and Jet Airways is using the A330.
Airbus expects its position to further improve thanks to the impending entry of Malaysia-based low cost carrier Air Asia in the Indian skies. Air Asia is the largest customer of the A320 aircraft. On efforts to garner orders from low-cost carrier SpiceJet which operates aircraft from key rival Boeing and Bombardier, Rao said that Airbus is always trying with new customers.
Underscoring the potential of the market, Rao said that under 3 per cent of the Indian population travels in the skies. He expects this number to increase four times.
11/06/13 Business Line
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Speaking last week at the Airbus Innovation Days 2013 in Toulouse, Rao said that Airbus is very happy with its market position in India. Low cost carriers IndiGo and GoAir have placed large orders for the A320 aircraft, and Jet Airways is using the A330.
Airbus expects its position to further improve thanks to the impending entry of Malaysia-based low cost carrier Air Asia in the Indian skies. Air Asia is the largest customer of the A320 aircraft. On efforts to garner orders from low-cost carrier SpiceJet which operates aircraft from key rival Boeing and Bombardier, Rao said that Airbus is always trying with new customers.
Underscoring the potential of the market, Rao said that under 3 per cent of the Indian population travels in the skies. He expects this number to increase four times.
11/06/13 Business Line
