Boeing puts India mkt at $35 bn
Our Bureau / Bangalore February 08, 2005
American aerospace conglomerate Boeing is revising upwards its estimate of the potential for India?s commercial civil aviation in the next 20 years to $35 billion, said Dinesh A Keskar, a senior vice president at Boeing here on Monday.
Boeing is ?talking to all carriers in India?, to sell its 777 series long haul aircraft and perhaps before this decade is out, the 7E7, an all composite aircraft that is more fuel efficient and comfortable.
That the country had seen seat availability grow from 50,000 three years ago to 5,00,000 this year, was only the beginning: As favourable regulations helped private players add more flights and destinations, including the long distance ones, ?no other market will see the kind of growththat will come here,? Keskar said.
?Airliners have a lot of money to make in this market,? he added, giving one of three keynote talks at a seminar on aerospace technologies, as part of the Aero India 2005 trade show.
Some time back, ?We had estimated that in the coming years, India will need 317 aircraft worth some $25 billion.?
The growth would be such that Indian commercial airliners will be able to absorb even more aircraft, worth an additional $10 billion, Keskar said.
Boeing, which hoped to sell as many of those aircraft as it could, also saw more opportunities for co-development of aircraft parts and software.
?While we will continue to work with companies like HAL, Infosys and Wipro Technologies, the potential for new partnerships with organisations such as the National Aerospace Laboratories in Bangalore are great,? he said.
As airliners sought to become more cost efficient, aircraft makers were seeking to make more common platforms than ever ? from cockpits, to avionics to entire aircraft systems.
Boeing wanted to sell its 777 200 LR (long range), which could fly non-stop for 15 hours to 18 hours from Bangalore to New York for instance, he said. Another aircraft was the 300 ER (extended range) that could take up to 400 passengers.
The 7E7, when it becomes commercially available in 2008, will be 20 per cent more fuel efficient and allow cabin comforts such as a feel of lower altitude, more humidity, better headroom, better lighting, wireless television sets, broadband internet connections and holographic projections of the night sky on the ceiling for ?mood lighting during long distance flights?.
The fuel efficiency is being improved on three fronts ? the engine, supplied by General Electric and Rolls Royce, aerodynamics and systems.
?A 7 per cent to 8 per cent improvement in each of these areas should lead to a 20 per cent overall fuel efficiency,? Keskar said.
The all-composite body allowed more humid air to be circulated inside the cabin, without the worry of corrosion that accompanies today?s aluminium bodied aircraft. This could help keep passengers less dehydrated.
Text
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(AFP)
Boeing sees "remarkable growth" in India, to raise forecasts
News
BANGALORE, India (AFP)
Monday February 07, 2005
US aerospace giant Boeing said it will increase its sales forecast for India India from 25 billion dollars to 30-35 billion dollars for the next two decades due to a booming market.
"Growth is remarkable in India, " said Dinesh Keskar, Boeing's senior vice-president sales.
"Our earlier forecast was to sell 300 airplanes worth 25 billion dollars over the next 20 years.
"Now the growth levels are high and passenger traffic is growing at about 20 percent every year. This will not be short-lived but one of the things that is going to be crucial here is improvement in infrastructure," Keskar told reporters ahead of Wednesday's opening of India's annual air show in Bangalore.
"Based on the pace of improvement in traffic management, parking facilities and the number of landings one can do every hour, we will decide whether the new forecast will be 30 billion dollars or 35 billion dollars," he said.
The number of air travellers in India India jumped 26.5 percent in the first half of the financial year to March with 18.52 million people boarding flights.
The launch of low-cost carrier Air Deccan last year sparked fare cuts that have resulted in 250,000 to 300,000 new passengers every month. Overseas routes are also being opened up to private carriers to boost competition and ensure enough capacity.
The government has also set up an aviation watchdog to oversee a 400-billion rupee (8.69-billion dollar) programme to revamp the country's ramshackle airports.
Boeing's Keskar said his firm's new forecast would reflect India's liberalisation policies in the aviation sector which has been bogged down by bureaucracy.
"The new forecast will reflect the changes in the aviation sector. New carriers have come up. For a population of more than a billion people there are only 125 jets while in the US there are more than 6,000 aircraft for 300 million people," he said.
"We want to enter the lost-cost fray in India India. "
He said Boeing had submitted bids to state-run Air India India to sell 50 aircraft including the 777-200 for long-haul flights.
"We are eagerly awaiting the verdict. The total order, including 35 firm and 15 options, works out to about seven billion dollars," Keskar said.
Boeing's competitor Airbus is also in the fray.
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Libyan private carrier signs deal for six Boeing-737s
AFP: 2/7/2005
TRIPOLI, Feb 7 (AFP) - Privately owned Libyan airline Buraq Air signed a deal on Monday to buy six Boeing 737-800s for a price of 366 million dollars, chief executive Mohammed Abdel Aziz said.
The first three planes are due for delivery in the first half of 2006 and will help the airline extend its routes to Europe and the Middle East in competition with state-owned Libyan Arab Airlines, Abdel Aziz said.
Libya's first private airline, Buraq Air currently owns six aircraft and leases another seven. It operates internal flights between the capital and the eastern city of Benghazi.
02/07/2005 14:11 GMT - AFP
http://www.turkishpress.com/news.asp?ID=36966
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It just signed a contract with Ethiopia for about 10 new Boeing 787's. And other orders are starting to occur. Looks good for Boeing.
Our Bureau / Bangalore February 08, 2005
American aerospace conglomerate Boeing is revising upwards its estimate of the potential for India?s commercial civil aviation in the next 20 years to $35 billion, said Dinesh A Keskar, a senior vice president at Boeing here on Monday.
Boeing is ?talking to all carriers in India?, to sell its 777 series long haul aircraft and perhaps before this decade is out, the 7E7, an all composite aircraft that is more fuel efficient and comfortable.
That the country had seen seat availability grow from 50,000 three years ago to 5,00,000 this year, was only the beginning: As favourable regulations helped private players add more flights and destinations, including the long distance ones, ?no other market will see the kind of growththat will come here,? Keskar said.
?Airliners have a lot of money to make in this market,? he added, giving one of three keynote talks at a seminar on aerospace technologies, as part of the Aero India 2005 trade show.
Some time back, ?We had estimated that in the coming years, India will need 317 aircraft worth some $25 billion.?
The growth would be such that Indian commercial airliners will be able to absorb even more aircraft, worth an additional $10 billion, Keskar said.
Boeing, which hoped to sell as many of those aircraft as it could, also saw more opportunities for co-development of aircraft parts and software.
?While we will continue to work with companies like HAL, Infosys and Wipro Technologies, the potential for new partnerships with organisations such as the National Aerospace Laboratories in Bangalore are great,? he said.
As airliners sought to become more cost efficient, aircraft makers were seeking to make more common platforms than ever ? from cockpits, to avionics to entire aircraft systems.
Boeing wanted to sell its 777 200 LR (long range), which could fly non-stop for 15 hours to 18 hours from Bangalore to New York for instance, he said. Another aircraft was the 300 ER (extended range) that could take up to 400 passengers.
The 7E7, when it becomes commercially available in 2008, will be 20 per cent more fuel efficient and allow cabin comforts such as a feel of lower altitude, more humidity, better headroom, better lighting, wireless television sets, broadband internet connections and holographic projections of the night sky on the ceiling for ?mood lighting during long distance flights?.
The fuel efficiency is being improved on three fronts ? the engine, supplied by General Electric and Rolls Royce, aerodynamics and systems.
?A 7 per cent to 8 per cent improvement in each of these areas should lead to a 20 per cent overall fuel efficiency,? Keskar said.
The all-composite body allowed more humid air to be circulated inside the cabin, without the worry of corrosion that accompanies today?s aluminium bodied aircraft. This could help keep passengers less dehydrated.
Text
--------------
(AFP)
Boeing sees "remarkable growth" in India, to raise forecasts
News
BANGALORE, India (AFP)
Monday February 07, 2005
US aerospace giant Boeing said it will increase its sales forecast for India India from 25 billion dollars to 30-35 billion dollars for the next two decades due to a booming market.
"Growth is remarkable in India, " said Dinesh Keskar, Boeing's senior vice-president sales.
"Our earlier forecast was to sell 300 airplanes worth 25 billion dollars over the next 20 years.
"Now the growth levels are high and passenger traffic is growing at about 20 percent every year. This will not be short-lived but one of the things that is going to be crucial here is improvement in infrastructure," Keskar told reporters ahead of Wednesday's opening of India's annual air show in Bangalore.
"Based on the pace of improvement in traffic management, parking facilities and the number of landings one can do every hour, we will decide whether the new forecast will be 30 billion dollars or 35 billion dollars," he said.
The number of air travellers in India India jumped 26.5 percent in the first half of the financial year to March with 18.52 million people boarding flights.
The launch of low-cost carrier Air Deccan last year sparked fare cuts that have resulted in 250,000 to 300,000 new passengers every month. Overseas routes are also being opened up to private carriers to boost competition and ensure enough capacity.
The government has also set up an aviation watchdog to oversee a 400-billion rupee (8.69-billion dollar) programme to revamp the country's ramshackle airports.
Boeing's Keskar said his firm's new forecast would reflect India's liberalisation policies in the aviation sector which has been bogged down by bureaucracy.
"The new forecast will reflect the changes in the aviation sector. New carriers have come up. For a population of more than a billion people there are only 125 jets while in the US there are more than 6,000 aircraft for 300 million people," he said.
"We want to enter the lost-cost fray in India India. "
He said Boeing had submitted bids to state-run Air India India to sell 50 aircraft including the 777-200 for long-haul flights.
"We are eagerly awaiting the verdict. The total order, including 35 firm and 15 options, works out to about seven billion dollars," Keskar said.
Boeing's competitor Airbus is also in the fray.
----------------------
Libyan private carrier signs deal for six Boeing-737s
AFP: 2/7/2005
TRIPOLI, Feb 7 (AFP) - Privately owned Libyan airline Buraq Air signed a deal on Monday to buy six Boeing 737-800s for a price of 366 million dollars, chief executive Mohammed Abdel Aziz said.
The first three planes are due for delivery in the first half of 2006 and will help the airline extend its routes to Europe and the Middle East in competition with state-owned Libyan Arab Airlines, Abdel Aziz said.
Libya's first private airline, Buraq Air currently owns six aircraft and leases another seven. It operates internal flights between the capital and the eastern city of Benghazi.
02/07/2005 14:11 GMT - AFP
http://www.turkishpress.com/news.asp?ID=36966
-----------------
It just signed a contract with Ethiopia for about 10 new Boeing 787's. And other orders are starting to occur. Looks good for Boeing.
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