Boeing and Indian budget carrier SpiceJet announced an order for 30 Next Generation 737-800 with winglets in the presence of U.S. President Barack Obama on Saturday in Mumbai. The contract, valued at some $2.3 billion at list prices, came as part of $10 billion worth of trade deals announced during the President’s visit. SpiceJet currently operates a fleet of 24 Boeing 737-800s and 737-900ERs.
Indian low-cost carrier SpiceJet plans to buy as many as 30 Q400 turboprops from Bombardier in a deal worth up to $900 million.
Airbus has discovered a lucrative niche for its Airbus Corporate Jetliner (ACJ) family, and charter operators are happy with the OEM's executive/VIP contribution to the market. In a press conference yesterday, Airbus announced that 10 charter providers representing seven countries are now operating a total fleet of 15 aircraft from the ACJ family; a mix of A318 Elites, ACJs (A319s) and A320 Prestiges. Francois Chazelle, v-p of worldwide sale
Supporting India's growing fleet of business aircraft has been the core activity for Indian maintenance, repair and overhaul group Air Works. Last year, the company became the country's first independent MRO to achieve certification by the European Aviation Safety Agency (EASA).
The Comlux Group, which became a 40-percent shareholder in the Airbus Corporate Jet Center (ACJC) in May last year, has withdrawn from the partnership by mutual agreement to focus on its new completion and maintenance facilities in Indianapolis.
Comlux America, a newly created subsidiary of Comlux The Aviation Group, has purchased Indianapolis Jet Center, located at Indianapolis International Airport in Indiana. Plans call for renaming Indianapolis Jet Center Comlux Completion USA and focusing on VIP completion services.
India’s Kingfisher Airlines announced it will launch its first international service on September 3 between Bangalore and London Heathrow Airport. Kingfisher will serve the route with a new Airbus A330-200, the first of 10 on which it holds delivery positions. Indian law requires that an airline operate domestically for five years before authorities consider it for an international air transport license.
Boasting an order book amounting to $4.6 billion, Russia’s Irkut Corporation reported here at Farnborough profits of $165 million on revenues that exceeded $1.3 billion last year. The total is three times more than the net profit it registered in 2006, according to Oleg Demchenko, president of the Irkut Corporation. He also announced that Irkut held a 15 percent share of Russia’s arms exports in 2007.
NetJets Europe (NJE) is partnering with Ashish Chordia–CEO of Mumbai-based Shreyans, an importer of luxury goods–to market its fractional aircraft program in India. The fractional provider is making the move because of the “strong economic growth and increasing demand for private jet travel in India,” as well as a 400-percent rise in the number of NetJets Europe flights to and from India over the last four years.
NetJets Europe yesterday announced it is partnering with Ashish Chordia–CEO of Mumbai-based Shreyans, an importer of luxury goods–to act as its strategic partner to start a fractional aircraft program in India.