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Boeing's Bullish India Outlook May Undercount Regional Aircraft

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by  Neelam Mathews  -  August 3, 2017, 1:40 PM Budget carrier SpiceJet is using some of its Q400s for India's Regional Connectivity Scheme. (Photo: Neelam Mathews) Boeing’s 20-year market outlook for India, released on July 31, reflects the manufacturer’s optimism that the Indian economy will remain strong and grow from the world’s seventh to third largest by 2037. But that outlook may underestimate the need for smaller regional jets identified during a conference the following day in India’s northeast region. Based on the expected economic underpinning, Boeing forecast a demand for 2,100 new airplanes valued at $290 billion over the next two decades, increasing from the 1,850 new airplanes it predicted last year. “This is the highest-ever forecast we have presented for India,” Dinesh Keskar, Boeing senior vice president of sales for Asia-Pacific and India, said during a briefing in Delhi. The bullish Boeing forecast, however, calls for only 10 new delive...

India’s Air Costa Aims To Go International

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AINONLINE by    NEELAM MATHEWS Now leasing a pair of Embraer E170s, Air Costa became Embraer’s largest-ever Indian customer in February, when it placed an order for 50 of the company’s planned E2s. (Photo: Air Costa) March 24, 2014, 3:15 PM Five-month-old Indian regional airline Air Costa plans to start international operations once India lifts its rule that limits new carriers to domestic services during their first five years of operation. Ahead of that revision, the carrier, which  ordered a mix of 50 Embraer E190-E2s and E195-E2s at the Singapore Air Show  in February, has applied for a national permit to fly pan-India, Vivek Choudhary, chief commercial officer and vice president of corporate finance of parent company  LEPL  Projects Ltd., told  AIN . He noted that the range of the E2s would allow the carrier to fly to neighboring Southeast Asia and Middle East countries. “We will also look at code shares with [...

Exclusive! Another bird in Indian skies?

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Neelam Mathews Feb 14, 2013 Even as elections draw closer and the Minister of Civil Aviation talks of aggressive plans for regional connectivity, UAC Russia President Mikhail Pogosyan told Aerospace Diary that as India's domestic traffic showed signs of growth, "we will market (Sukhoi SuperJet100) (that has) attracted interest. We are speaking to GoAir and Air India." "We treat this market as special," Pogosyan said. The  regional jet in the 75- to 95-seat category.