Boeing announced the establishment of Boeing Defense India, a local operating entity that will support the company’s future growth objectives in the country in the areas of services and support, sales and marketing, sourcing, manufacturing, and engineering. Pratyush Kumar, current president, Boeing India, will lead this new initiative which will...
India's SpiceJet to Acquire 205 Boeing Aircraft
India's Gurgaon-based budget airline SpiceJet has signed an agreement with Boeing to purchase 100 new Boeing 737 MAX 8s, 42 MAXs, 13 additional 737 MAXs as well as purchase rights for 50 additional planes. India (as well as other countries in Asia), is an important market for aviation with analysts...
India's Kalyani Group is Part of OEMs' Global Supply Chains
Pune, Maharashtra-based Kalyani Group supplies Boeing titanium flap track forgings for its 737 series aircraft. The company also manufactures landing gear and structural components for other OEMs such Rolls-Royce, Liebherr Aero and Safran. Kalyani has three joint ventures in the defense sector: BF Elbit Advanced Systems for artillery systems; Kalyani...
India's Navy to get 4 Additional Boeing P8i Aircraft
India's Cabinet Committee on Security, approved the purchase of four additional Boeing P8-I Neptune Maritime Patrol Aircraft estimated $1 billion . These will be inducted into the Indian Navy over a period of three years. The P8-I Neptune is an India variant of U.S.A.’s P8A ‘Poseidon’. This aircraft is equipped for long...
Boeing Offers to Build Aerospace Capacity in India
In an interview with Hindustan Times in New Delhi, Dennis Muilenburg the CEO of Boeing who joined the plane maker as an engineering intern in 1985, became CEO in 2015, and now becomes chairman on March 1, discussed his plans for Boeing’s investment in India. More than an investment in...
IATA: India Was the World’s Fastest Growing Aviation Market in 2015
India was the world’s fastest growing aviation market in 2015, expanding more than 20 percent, according to International Air Transport Association (IATA) in a December presentation, reports Bloomberg Business. The country's air travel industry outpaced the 10 percent growth registered in China and 5 percent increase in the United States....