Indian American Dinesh Keskar has been appointed by the world's leading aerospace company and the largest manufacturer of commercial jetliners and military aircraft, Boeing Company, to lead Boeing India from March.
Aircraft manufacturer Boeing is reducing its forecast of the Indian market by half beyond 2012 as a result of the slowdown in the aviation sector.
The makers of the 787 Dreamliner aircraft, Boeing, on Wednesday expressed concern over recurring glitches on the plane while at the same time insisting that it was a machine which had never caused issues with the safety of passengers.
Boeing India president says with the rising prices of aviation fuel, the airlines do not have any option but to increase the fares.
Kumar will succeed Dinesh Keskar, who returned to Boeing Commercial Airplanes earlier this year.
"None of the air-carriers have asked us for either a deferral or cancellation...we are very comfortable with the market position," Boeing's Senior Vice President, Sales (commercial airplanes), Dinesh Keskar, said, while releasing the Current Market Outlook (CMO)2008-2028 report, in Mumbai on Wednesday. "We have fortunately not contributed to over-capacity as in the last ten mnonths we have not delivered many aircraft," Keskar said.
The Air India delivery would follow the first delivery to Japanese airline Air Nippon Airways, slated for the third quarter of this year, Boeing India President Dinesh Keskar said in Bengaluru.
Jet Airways, however, has deferred the delivery of seven jets. "There have been no talks with Air India so far for cancellation or deferment for any aircraft. These are difficult times, but no discussions on the deferral is going on with Air India," Boeing India president Dinesh Keskar said.
The state-run carrier had ordered 27 Dreamliners, but Boeing failed to supply those planes by the scheduled September 2008 timeline. Air India has sought compensation of $710 million from Boeing for the delay in deliveries.
Last year, Boeing upgraded the cabin of its Boeing 737 with new features such as LED lighting, bigger overhead bins and new ceiling panels.
Boeing Company on Monday said the Indian civil aviation sector would require 856 new commercial jet airplanes worth over $72 billion over the next 20 years.
The 787 Dreamliner aircraft is 20 per cent more fuel-efficient than other comparable aircraft, which means it will reduce costs and offer potential to increase revenues, says Dinesh Keskar, President, Boeing India.
"By the time this fiscal year ends and then next one starts and unless someone does a harakiri in lowering their fare, we see a good scenario beginning April onwards," Boeing India president Dinesh Keskar told PTI in an interview.
Boeing had announced a further six-month delay for the first flight and initial deliveries of its 787 Dreamliner programme to Air India. A high-level Boeing team will discuss the fallouts with IA, including compensation in the coming week. The revised delays will have a significant impact on IA's growth plan and financial aspect. Apart from compensation, Boeing will also have to factor in the impact of the delay on the carrier's growth plan when computing for the same.
Boeing will bring over 20 aircraft for the domestic market.
Boeing's 787 Dreamliner, a project which was marred by repeated delays and obstacles, is an instance of the most advanced aviation technology available. Its aerodynamic design, engines, flight controls and avionics are almost part of the aviation folklore.
"Airlines in India like Jet Airways and Air India have firm orders with Boeing for delivery till the year 2011. Now they are planning beyond that in view of expected market growth," said Dinesh Keskar, senior vice-president (sales), Boeing Commercial Airplanes.
Air India plans to buy 27 B-787 'Dreamliners' from Boeing which are to be delivered in phases.
Air Sahara is believed to be in the process of signing a deal with Boeing for acquiring new aircraft, even as negotiations are on by mediators to resolve the Jet-Sahara dispute
US aircraft manufacturer Boeing said on Friday that it would concentrate on clinching the Air-India deal of 17 aircraft and was willing to have a dialogue with the government on the Indian Airlines' proposal to acquire 43 aircraft.
India will need 290 new jet airliners worth $22 billion over the next 20 years to meet growing air travel demand, Boeing Co, the world's top commercial aircraft maker
Boeing Commercial Airplanes on Tuesday offered to replace the aircraft leased by Air-India from South Korea with new generation ones at a 'great price' and said Indian Airlines would save over Rs 700 crore (Rs 7 billion) if it bought planes from it.
US aircraft maker Boeing Inc will soon start talks with Indian carriers to market its latest aircraft, the '7E7', which is due for launch in 2008, as it strives to cash in on the fast-growing Asian aviation market.
Major aircraft-maker Boeing on Tuesday heightened its pitch for Air India's plans to acquire 17 long-haul and 18 short-haul planes, claiming its 777-200 ERs (extended range) and 737-800s were best suited for the Indian carrier.
According to Boeing, India would need 1,940 single-aisle planes worth $220 billion and 350 wide-body aircraft valued at $100 billion.
The company issued its yearly market outlook for India.
Civil Aviation Minister Ajit Singh inaugurated the 5-day long event.
Air India Express along with SpiceJet and Jet Airways is one of the three main targets for Boeing in the country as it promotes its new 737 MAX aircraft, which is scheduled to enter commercial operations in 2017.
Airfares in Indian market are unsustainable, says a senior Boeing official.
The number of Indian passengers has jumped more than 20 per cent in the past year
Till high school, his medium of learning was Marathi. Later, he completed his doctorate under Neil Armstrong's guidance. He has travelled to close to 50 countries, sold $350 billion worth of aircraft. Anjuli Bhargava meets Boeing SVP Dinesh Keskar.
The airline will induct four more Dreamliners next year to complete order of 27 of these aircraft
Eyeing potential business opportunity, Boeing Corporation is planning to approach the proposed Tata-Singapore Airlines.
Though a formal purchase agreement with Boeing is yet to be signed, SpiceJet's order size could be of 40-50 planes, a source familiar with the development said. At list price, a 737 Max aircraft is valued at about $100 million (Rs 620 crore).
India has got the money and workforce, but no Indian firm has so far decided to do it
Back in India nine years after his initial stint in the country, Boeing India president and Boeing International vice-president Dinesh A Keskar stresses that India is an important market for Chicago-based Boeing.
Airbus is now confident of crossing 1,000 net orders (excluding cancellations or conversions from previous orders) in 2014.
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