Tuesday, March 21, 2006

Boeing to revise India forecast in June

Mumbai: Boeing today said it will revise its forecast for Indian civil aviation market in June and expects the aircraft needs of the country will be definitely less than that of Airbus, its trans-Atlantic rival. According to Boeing's last year forecast, Indian carriers will buy 492 aircraft for about USD 36 billion over the next 20 years.
In 2005, Boeing had bagged orders for 98 airplanes including a firm order for 68 aircraft from Air-India, valued at Rs 35,000 crore. Jet Airways and SpiceJet have also placed firm orders for 30 Boeing aircraft in 2005.
Keskar said Boeing was in discussion with Jet Airways for selling its most modern 747-8 airplanes. About the USD 100 million investment in the country to set up maintenance, repair and overhaul (MRO) facility, Boeing said it was scouting for a partner for the project. The US aerospace firm has received proposals from six Indian states to set up the MRO facility.
20/03/06 Zee News
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