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March 18, 2014 – Bangalore Aviation

Daily Archives: March 18, 2014

Video: Airbus’ press conference at India Aviation 2014

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

CGI of SpiceJet Boeing 737 MAX 8

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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