Airbus estimates a demand of 1600 new planes for India


Airbus estimates a demand for 1,600 new passenger and freighter planes at a combined list price of $224 billion for India till 2034.
Customers, including IndiGo, that have ordered the Airbus A320 Neo planes with Pratt & Whitney engines will have have their engine issues resolved only after June, a senior executive at the United Technologies-owned engine maker said Thursday.

IndiGo, India's biggest local airline by market share, has ordered 430 of the Neos, the upgraded version of the most popular passenger aircraft in the world, but opted for Pratt & Whitney engines only on the first 180. IndiGo has started getting deliveries of the aircraft. Rival Go Air which has ordered 72 of the planes will likely get the first delivery between April and June.

"There are software and hardware modifications going into the engines. Starting June, engines produced will have those modifications and they will be delivered sometime after that. The software in particular is being incorporated in the engines starting in April. Then there is a league time before we deliver those engines to Airbus. So Airbus will see those engines starting in the June timeframe. So it just takes us some to build those engines and deliver them for acceptance to Airbus. So the incorporation starts in April, and then those engines get to Airbus in June and then delivered to customers after that," Mary Ellen S. Jones, vice president sales for Asia Pacific and China told ET.



Airbus last December informed its customers that there would be a delay in deliveries in the Neo or New Engine Option. 
Airbus said it estimates a demand for 1,600 new passenger and freighter planes at a combined list price of $224 billion for India till 2034.

The forecast is up by 300 planes compared to what it estimated two years ago. The plane maker also said the demand for wide-bodied planes will grow seven fold in that time. The estimate was up by 400 planes over what was presented two years earlier. India has typically been a narrow-bodied plane market catering to local air travel demand.

The plane maker said India will need 1,230 new single aisle planes and 380 widebodied planes. The plane maker will deliver one Airbus A320 Neo per week to India over the next ten years. 

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