India is currently undergoing an aviation boom, with a host of new players in the game.
Kingfisher Airlines, Indigo Blue, Deccan, Jet Airways, Spice Jet are among the relatively new entrants that are entering the fray with new aircraft, superior service and competitive prices.
The fleet of the merged Air India-Indian Airlines entity is aging and needs new aircraft in order to compete. They have already placed an order for 111 planes worth over $10 billion. However, new analysis suggests that they may need 60 more aircraft.
Of these, at least 30 are likely to be wide bodied aircraft for which the options are Boeing 747, 777 and 787 apart from the Airbus A310 and Airbus 330s. For the narrow bodied aircraft, the options are Boeing 737 and the Airbus 320 family.
Either way, this is good news for both Boeing and Airbus, and of course the air traveller’s in India.
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