Canadian regional jet manufacturer Bombardier says there are a plenty of opportunities in India. The regional jet market sees at least 20 to 30 orders coming in from India, established ones as well as start-ups, over the next two to three years as airline companies look for the right kind of aircraft to service the Tier II and Tier III towns.
Bombardier's rival Brazilian regional jet manufacturer Embraer clinched a big-ticket deal this month when it signed a $2.94 billion order for 50 Embraer E190s and E195s with start-up AirCosta to be delivered from 2018 onwards. The deal is the biggest order for the regional kind of aircraft from India.
The deal may have eroded the first mover advantage that Bombardier had, considering it was the first aviation company to sign up for the technologically advanced and silent turboprops used by the Q400s flown by budget airline SpiceJet. But Bombardier's Vice President for Commercial Aircraft Sales in Asia Pacific Toby Karlsson does not agree.
20/02/14 Manisha Singhal/Business Today
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Bombardier's rival Brazilian regional jet manufacturer Embraer clinched a big-ticket deal this month when it signed a $2.94 billion order for 50 Embraer E190s and E195s with start-up AirCosta to be delivered from 2018 onwards. The deal is the biggest order for the regional kind of aircraft from India.
The deal may have eroded the first mover advantage that Bombardier had, considering it was the first aviation company to sign up for the technologically advanced and silent turboprops used by the Q400s flown by budget airline SpiceJet. But Bombardier's Vice President for Commercial Aircraft Sales in Asia Pacific Toby Karlsson does not agree.
20/02/14 Manisha Singhal/Business Today
