Indian carriers to get 480 more aircraft

Bangalore: Indian carriers have approximately 480 aircraft on order for delivery through to around 2012, as against a fleet of 310 aircraft currently operating in the country, a new study released in Bangalore on Thursday said.
Over the next 12 months, Kingfisher Airlines is expected to be the most aggressive in terms of fleet induction, according to the FICCI-CAPA (Federation of Indian Chambers of Commerce and Industry-Centre for Asia Pacific Aviation) study titled "Indian Aviation: Overview and Outlook". It was released by Union Civil Aviation Minister Praful Patel at an international conference on aviation organised as part of Aero India, an international defence and aerospace exhibition here.
The study said despite the bullish growth projections for India, overseas experience would suggest that it is extremely difficult for a market to absorb so many new entrants, particularly in such a short space of time, and during a period when there are a number of external issues, including those related to infrastructure and manpower shortages, that serve to increase costs and reduce efficiency and flexibility.
08/02/07 Financial Express

To Read the News in full at Source, Click the Headline

Categories: General Aviation feb 2007