Saturday, August 19, 2006

Boeing bets on freight boom in India

New York: Having done an estimated business of $18 billion and received orders for as many as 150 planes — either outright sale or lease — in just two years, Boeing is expecting more orders from India in the coming years.
This past week, Boeing received an order of 10 new planes worth $700 million from the private Indian carrier Spice Jet. Dinesh Keskar, vice president of Sales, Boeing Commercial Airplanes, told The Indian Express that the company is expecting another ‘‘big’’ order from another private Indian carrier within a fortnight.
And with the fast-expanding Indian aviation sector market, Boeing is now expecting the next phase of bulk orders for planes from freight carriers. ‘‘India has emerged as a big player for us,’’ Keskar said. In 2005, 10 per cent of the total Boeing’s business was from India.
18/08/06 Lalit K Jha/Indian Express