Friday, July 8, 2011

AIR INDIA to receive dreamliner by fourth quarter of 2011

 Graphical rendition of 787 dreamliner
After a delay of more than two years, Air India is set to receive its first Boeing 787 Dreamliner in the last quarter of 2011. This was announced by Dinesh Keskar, Vice President, Boeing International, and President, Boeing India, while releasing Boeing’s Commercial Aviation Market Outlook for the next 20 years. 

Divulging details about the much talked about 787 Program, he said that the state-of-the-art aircraft will be brought on a test flight to India next week, and will be showcased in Delhi and Mumbai. Keskar also mentioned that the aircraft is service ready for operational validation. 

Declining to comment on issues with customers like Air India because of the delay in delivery, Keskar said that Air India will “forgive us” once they get the delivery, because the airplane will be a “delight” in terms of fuel efficiency, operational efficiency, cost effectiveness, etc. “If Air India is looking for a turnaround, Boeing aircraft are the answer. They can open new long-haul routes and operate with the highest efficiency without bothering about maintenance,” he said.

Boeing’s Aviation forecast for the Indian market for the next 20 years states that Indian airline companies would require 1,320 new aircraft worth USD 150 billion over the next 20 years to meet growing demand. Whereas, on a global scale, the demand for new aircraft will be 33,500 out of which 11,450 will be from the Asia Pacific region - 34 per cent of the global demand. Explaining the reasons behind the robust growth forecast, Keskar said, “Robust growth, new economic prosperity, discretionary incomes, business progress and access to airports will increase aircraft demand.” Speaking about aviation growth in India, he added that Indian carriers have been adding to their capacities over the decade and double digit growth in passenger traffic cannot be seen anywhere in the world except in India. Keskar also gave credit to new airport infrastructure coming up in regional centres as well as metro cities.

Considering the peculiar nature of the Indian market, Keskar said that the market does not require big twin-aisle aircraft, and major demand would be for single-aisle aircraft. “81 per cent of the demand and two-thirds of the total value would be for single-aisle planes in the market. Double-aisle planes will command 16 per cent of the demand space and three percent by regional jets,” he informed. Keskar expects huge demand for Boeing 737s from the market for this reason. He added that the aircraft manufacturer has decided to increase their production capacity to 42 737s per month by 2014 to meet the growing demand from markets like India.

When asked about the share of the future growth Boeing is expecting from India, he said that Boeing products are well-entrenched in the Indian market for decades and are hopeful of gaining a major share of the future demand for new aircraft.

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