The Hindu Business Line : India will require 570 planes by 2023: Airbus

(From left) The Vice-President (Sales), Airbus India, Mr Niger Harwood; the Senior Vice-President (Marketing), Airbus, Mr Kiran Rao; and the Regional Press Manager, Mr David Velupillai, addressing a press conference in the Capital on Tuesday. — Ramesh Sharma

New Delhi , June 21

WITH the economy booming, European aircraft manufacturer, Airbus Industrie has increased its estimate of the number of aircraft India will need by 2023.

Addressing a press conference here, on Tuesday, the company's Vice-President, Sales, Mr Nigel Harwood, said India would require 570 aircraft valued at over $ 55 billion by 2023. "Airbus expects to win at least half of this market," Mr Harwood said. Airbus had earlier predicted that India would require about 400 aircraft by that year.

The manufacturer estimates that India will require at least 20 Airbus A-380 size aircraft with a capacity of more than 500 passengers. The largest demand of 371 aircraft is likely to be for single-aisle planes.

Responding to questions, Mr Harwood said that Airbus expects to get at least two more orders from India for its double-decker Airbus A-380 aircraft.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
India will require 570 planes by 2023: Airbus

`Upgradation of airports must be given priority'

Airlines must operate from smaller centres too: Praful Patel

Airbus urges IA to speed up purchase decision

`Aviation sector faces many a constraint'

Chennai port sets up facility to handle oil spills

Rajiv Gandhi box terminal pre-staging yard to be ready soon

Kerala hopeful of construction pact for Vizhinjam project

Rlys earns Rs 2,935-cr freight revenue in May

Rlys has no plan to hike tariffs; to take Rs 400-cr hit

`Form independent corporation to run freight corridor project'