Embraer in Talks With Indian Carriers for Jet Sale

New Delhi: Embraer S.A. is in talks with several airlines in India to sell its regional jets in the country, where it expects economic expansion to continue to drive demand for air travel, said a senior executive at the world's fourth-largest plane maker by sales.
The Brazilian company hopes it will be able to sell its 50-seater ERJ 145 jet, as well as the 70 to 122-seater E-Jet family of regional jets, to carriers in India due to a growing need to connect smaller towns and cities in the South Asian country, Alex Glock, managing director at Embraer Asia Pacific, said.
Embraer and others such as Bombardier Inc., Boeing Co. and Airbus are hawking jet planes, as well as turboprop aircraft, in the world's second-most-populous country to tap potential growth. Domestic air travel grew 19% in 2010 to 52.02 million passengers, according to government data.
The International Air Transport Association Monday forecast India's domestic passenger numbers to grow 10.5% each year until 2014, which will make it the fourth-fastest-growing market globally. By 2014, India will also be the fifth-largest market worldwide for domestic passengers, with 69 million travellers a year, after the U.S., China, Japan and Brazil.
"We are talking to several companies who are evaluating our aircraft," Mr. Glock said. "India is still not well served, so there still exists lot of potential in this market."
15/02/11 Santanu Choudhury/Wall Street Journal

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Categories: Foreign Feb 2011, Indian Aviation- In General Feb 2011, New Feb 2011