Aviation India: India Aviation 2008 News

Indian Civil Airshow News: October 15-18 Hyderabad






Friday, October 17, 2008

The financial meltdown does not seem to have dented the plans of the jet-setting corporate head honchos and politicians in the country . It seems
business is as usual, if not better, for marketers of helicopters and private jets.
Among the corporates expecting to buy helicopters in the next three-four months include Reliance Industries, Essar and real estate major DLF, which is buying an AU 139 from the Italian company AugustaWestland, according to industry sources. A number of Delhi and Mumbai-based charter companies are also buying small helicopters like AU 109 and Bell 407 to be in time for the general elections to ferry politicians.
"We are bringing in one aircraft every month, starting this month, until January next year. And all of these have been bought by big corporate houses in the country for their top bosses and they want the machines as of yesterday," said A J S Walia, MD - India, Sikorsky Aircraft.
And interestingly, all the four aircraft ordered by the Indian corporate houses are in the VVIP version of its executive series S-76 C++. The company has six orders for the improved version of this machine, S-76 D, from public sector undertakings and state governments.
Similarly, of the 40 orders for helicopters that Bell Helicopter has in India for the next three years, significant numbers are from corporates, according to Max E Wiley, vice-president , Asia Pacific Sales of Bell Helicopter. He said even owners of construction companies are buying helicopters to move from site to site.
Further, Bombardier is very bullish about the Indian market and is seeing the numbers of private jets being bought by private companies and governments in the country on an upsurge.
16/10/08 Padmaja Shastri/Times of India

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