Bangalore Aviation News, Reviews, Analysis and opinions of Indian Aviation
At the recently concluded India Aviation 2014 show, European airframer Airbus forecast Indian carriers will require 1,290 new passenger aircraft valued at US$190 billion between now and 2032. 73% of these aircraft will be to accommodate growth and 27% will be used for replacement. Of the 1,290 aircraft, about 913 will be the single aisle narrow bodies of the A320 …
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SpiceJet confirms order for 42 Boeing 737 MAX 8 as it rejigs strategy
Gurgaon based low fare carrier SpiceJet confirmed a previous agreement with Boeing for 42 737 MAX 8 aircraft. The order was previously listed as unidentified on the Boeing Orders and Deliveries website. The order is valued at $4.4 billion at list prices though Bangalore Aviation estimates SpiceJet has paid about $40 million to $45 million per aircraft. The new aircraft …
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