A maintenance facility in India will be very useful for local carriers. If you have a local center, the cost of sending aircraft outside for major checks, which is considerable, can be saved. |
Each deterrent in some way results in slowing the industry's growth. |
I'd be surprised if they do a total sale. |
This growth story is attracting a lot of investors and new international airlines are trying to ride the boom in India. |
We expect low-cost carriers to capture at least 60-70 percent of the market by 2010. |
When the size of the aircraft orders is so big, the economics of the engine prices being offered by GE would've been a key factor in determining the orders. |
When you have more planes in the country, it makes a great deal of sense to have a local pilot-training center. |
You'll see some airlines bleeding and closing. |