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India fuelling the world aerospace industry (civilian+defence)

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posted on Jul, 28 2005 @ 03:54 PM
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India is fuelling a substancial part of the world aerospace industry.

Here is a look at orders by India based and Indian owned airlines in the past 6 months :
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IndiGo airlines - (100) $6 billion deal with Airbus for 100 A320

Air India - (50) $6.9 billion order to Boeing for eight 777-300 long-haul jetliners, 15 737-200 medium range aircraft and 27 787 Dreamliners; 50 in all

Indian Airlines - (44) 20 Airbus A-319s, 19 A-321s and 4 A-320s in a 2.2 billion dollar deal

Kingfisher Airlines -(33) 30 A320s and 3 A319s + five A380 planned

Jet Airways -(30) 10 Boeing 777s and 10 737s for $2.8 billion. + 10 A330s from Airbus

SpiceJet - 20 Boeing 737-800

Deccan Airlines - 11 Airbus A-320s


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And in the defence sector :

Indian Air Force : 126 multirole aircrafts for a 9 billion $ deal.
Competing aircrafts are : Mirage-2000 5, JAS-39 Gripen, F-16 block 70, Mig-29 M2i, F/A-18 E/F Super Hornet. (Rafale and Eurofighter not included despite being offered)

Indian Navy carrier aircraft purchase : $740 million for 16 Mig-29 K-2008 ... option for 24 more.

AWACS purchase for IAF : 6 Israeli Phalcon AWACS for 1.2 billion $

Indian Army Aviation Corps 197 Helicopter purchase for 600 million $ : Bell 407 v/s Eurocopters FENNEC v/s Kamov 226

$200 million upgrade programme for the Sea Harriers of the carrier INS Viraat

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At the Aero India 2005, about 325 leading aerospace and aviation firms, and high-level delegations from 45 countries are participating in the biennial event.

Thanks to the burgeoning economy and the country's open skies policy, which has ushered in a huge dose of liberalization over the last 10 months, the country's civil aviation sector is virtually exploding. Global aircraft manufacturers in turn are talking of numbers unimaginable even a few months back. By the time the Paris fest ended, Indian carriers had ordered 150 aircraft - mostly from Boeing and Airbus - worth $13 billion, to be delivered over the next 6-7 years. About seven Indian airlines companies have reportedly committed to buying another 350 aircraft worth over $25 billion over the next 5-7 years. Suddenly, India began to look hot in the global aviation industry. "India is today one of the world's most promising markets," gushed John Leahy, chief commercial officer for Airbus.


The aviation boom has implications for other sectors within the country as well. For instance, aviation-related information technology (IT) outsourcing service providers are expecting new businesses worth $4 billion in the next few years. The embedded systems group of Wipro, one of the top five IT services companies, is reportedly aiming for $1 billion worth of aerospace outsourcing business this year alone. Industry sources say that following the Paris Air Show, Boeing and Airbus have started seeking a greater level of outsourcing from local vendors like HCL Technology and Vidhyacom among others.

Besides, taking advantage of the shortage of airline crew staff and pilots, aviation training institutions like Carver Flying Academy, the Institute of Aviation and Aviation Safety, and Franklin Institute are doing booming business. As a result of the boom, India will need 150,000 trained airline staff in the next five years, a demand expected to outstrip supply by at least a factor of three, resulting in an almost 40% jump in pay as carriers bid up salaries.

Undoubtedly, the biggest beneficiaries have been Indian air travelers. But in order to make their presence felt in a market that is getting fiercely competitive, local airlines are indulging in price wars that many say are unhealthy and could eventually lead to the doom of a few budget airlines. A few months from now, about 160,000 new seats are expected to be added, a fact that's already forcing existing airlines to announce innovative and unprecedented airfares. For instance, India's first budget airline, Air Deccan, reserves a few seats in each of its flights in the Delhi-Mumbai sector for as little as Rs500 (about $11). The cheapest price on the route is about $90. Lately, Air Deccan has even started offering seats for Rs1 (about 2 US cents). Going a step forward, Jeh Wadia, the managing director of GoAir, the budget airlines slated to be launched in October, has declared that his ticket prices will be so competitive that it would "attract bus travelers to opt for a flight in GoAir". at the end of the show.

more...

[edit on 28-7-2005 by Stealth Spy]




posted on Jul, 28 2005 @ 04:54 PM
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oh yes some other person posted on ATS that india now own 50% of all passenger aircrafts in the world



posted on Jul, 28 2005 @ 11:05 PM
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Originally posted by siddarthpanditv
oh yes some other person posted on ATS that india now own 50% of all passenger aircrafts in the world


that was probably also Stealth Spy...If it involves India in any way, shape, or form...its Stealth Spy.


BTW, this is completely unrelated but (unless its just my computer) what happened to the avatar background colors???



posted on Jul, 28 2005 @ 11:11 PM
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I guess its your comp.. I don't see anything awry..
But India and China are an airline company delight.. Domestic and international..
I don't know about China but Inida needs to improve its airport services!!



posted on Jul, 28 2005 @ 11:32 PM
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Originally posted by Murcielago

that was probably also Stealth Spy...If it involves India in any way, shape, or form...its Stealth Spy.


No that was'nt me at all...i've never started any thread like that.



BTW, this is completely unrelated but (unless its just my computer) what happened to the avatar background colors???


Yes it keeps going off and then coming backiwonder why
...not only the background, but also the custom font colour of the text in the avatar area keeps going off.



posted on Jul, 28 2005 @ 11:35 PM
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edit ;;; double post

[edit on 28-7-2005 by Stealth Spy]



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