(NSI News Source Info) NEW DELHI, India - August 3, 2010: India's expanding aviation sector will require 1,150 commercial jets valued at $130 billion over the next 20 years, a Boeing Co (BA.N) executive said on Tuesday.Dinesh Keskar, the head of the U.S. aircraft manufacturer's operations in India, said with more private carriers entering the aviation sector the demand for aircraft was increasing.
"This is a market representing more than 4 percent of Boeing commercial airplanes' worldwide forecast," he told reporters.
In 2009, the firm had said India would require 1,000 planes worth $100 billion over 20 years.
"We went through the deepest recession in the history of aviation but now India's recovery is one of the fastest," Keskar said.
http://defense-technologynews.blogspot.com/2010/08/dtn-news-india-plane-demand-seen-130.html
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