Friday, February 22, 2019

Airbus sees market for widebody jets at Indian budget carriers

Bengaluru:  Airbus SE is pushing for fast-growing Indian budget carriers to make the leap into low-cost, long-haul widebody operations to compliment their existing narrowbodies, an executive from the planemaker said.

India is the world's fastest-growing market for air travel and budget airlines led by Interglobe Aviation Ltd's IndiGo have been looking to add more overseas routes.

But as profits slumped last year amid high oil prices, a weak rupee and rising competition, IndiGo and SpiceJet placed their plans to order widebody jets on hold, opting instead to launch more global flights with their fleets of A320s and Boeing 737s narrowbodies, respectively.

"With Indian airlines expanding international operations, the A330neo is the next natural step for growth," Joost van der Heijden, Airbus' head of marketing for Asia and North America, said on the sidelines of the Aero India airshow in Bengaluru.

"We are talking to all of them continuously and given the market evolution in India, there will be a concrete need soon," he said at the airshow, where the A330neo widebody, a more fuel-efficient version of Airbus' popular A330, is on display.
22/02/19 Aditi Shah/EuroNews
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