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Boeing revises India aircraft forecast to 1,850 new Jets over 20 Years

Boeing Co expects Indian airlines to order 1,850 new aircrafts worth $265 billion over the next 20 years

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Visitors look at models of Boeing aircrafts at the Aviation Expo China 2015, in Beijing, China, in this September 16, 2015 Image source: REUTERS/Jason Lee/Files
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  • In March 2016, the company had forecasted that demand from India would add up to orders for 1,740 planes over 20 years
  • Boeing mentioned it has more than 85 percent share of the wide-body airplane market in India
  • LCCs dominate Indian skies and account for more than 60 percent of the flights in the country

India’s commercial aerospace market has made significant headway as they see an upward curve in the demand of new aircrafts.

Boeing Co (BA.N) said on Tuesday, July 19, it expects Indian airlines to order 1,850 new aircraft worth $265 billion over the next 20 years, up from an earlier forecast, thanks to the new aviation rules that the manufacturer said will boost demand.

In March 2016, the company had forecasted that demand from India would add up to orders for 1,740 planes over 20 years.

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“India continues to have a strong commercial aerospace market and the highest domestic traffic growth in the world,” said Dinesh Keskar, senior vice president, Asia Pacific and India sales at Boeing Commercial Airplanes.

Dinesh Keskar, Senior Vice President, Asia Pacific and India sales Boeing Commercial Airplane. Image source: www.thehindubusinessline.com
Dinesh Keskar, Senior Vice President, Asia Pacific and India sales Boeing Commercial Airplane. Image source: www.thehindubusinessline.com

“With the new aviation policies in place, we even see greater opportunities, and remain confident in the market and airlines sector in India,” Keskar said.

Last month, in June in India overhauled rules governing its aviation industry, liberalising norms for domestic carriers to fly overseas and spreading the country’s air travel boom to smaller cities by capping airfares and opening new airports.

Boeing said in an email that it forecasts single-aisle planes, such as the next generation 737 and 737 Max, to make up the bulk of new deliveries, with India likely to need about 1,560 such aircraft.

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Boeing says it has more than 85 percent share of the wide-body airplane market in India, while competitor Airbus (AIR.PA) sells the bulk of small planes preferred by low-cost carriers (LCCs) such as InterGlobe Aviation’s (INGL.NS) IndiGo.

LCCs dominate Indian skies and account for more than 60 percent of the flights in the country.

Boeing expects worldwide demand for 39,620 aircraft over the next 20 years, putting India’s share of the total at less than 5 percent. With that being said, Boeing still maintains a  bullish outlook for the country’s commercial aerospace market. (Reuters)

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Star ICC Asks Anonymous Accuser Of Sexual Assault Charges To Step Forward

The accuser said that while she was at the company, there were "clear instructions" given to make the sales team fulfil the targets.

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Star ICC
#MeToo: Star India internal panel writes to anonymous accuser to come forward

The Internal Complaints Committee of Star India on Sexual Harassment (Star ICC) has written to the anonymous accuser — who had alleged “sexual exploitation” of women employees — asking her to reach out to the committee or its external member on allegations made by her in tweets.

In a Twitter post on Friday, Star ICC, formed under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 said it had reached out to the accuser through two emails on the ID provided by her through her tweets. The committee’s external member is Veena Gowda, a Mumbai-based woman rights lawyer.

The accuser, who tweeted through handle @ApurvaS17 — saying she would remain anonymous — had made sexual harassment allegations against the company’s officials in an open letter.

Star ICC
Star believes that the allegations made in the tweet without the complainant coming forward and giving any further detail, is a malicious attempt.

Asked to comment on the allegations, a Star India spokesperson said in a statement that despite no response by the anonymous accuser to the messages sent, the Star ICC had “suo moto conducted a preliminary inquiry and found no basis or factual accuracy” in respect of the allegations.

“We strongly urge any genuine complainant to approach the Star ICC. At Star, we stand with women in drawing the line on any behaviour that violates human dignity or the ability for women to pursue their dreams with respect and freedom. We have a zero-tolerance policy towards sexual harassment,” read the statement in response to an email query by IANS.

It also said that the anonymous tweet shared on October 13 raised an allegation that “runs completely counter to everything we believe in and the norms and values that we deeply embrace.”

The statement further said: “Star believes that the allegations made in the tweet without the complainant coming forward and giving any further detail, is a malicious attempt to malign and defame the reputation of the company and the CEO.” It said that Star reserves its right to initiate appropriate legal proceedings in this regard.

Star ICC
The Star ICC had “suo moto conducted a preliminary inquiry and found no basis or factual accuracy.

The accuser in her tweets had said that the #MeToo movement had encouraged her to come forward and that she had quit her job at Star India in the Airtime Sales section after 26 months and nine days and was now a homemaker, “taking care of my baby and hubby in a beautiful country, far away from Mumbai.”

The accuser said that while she was at the company, there were “clear instructions” given to make the sales team fulfil the targets in case they want to continue with their employment contract, “for which even if you have to take the clients to a hotel room and sleep with them for days.”

She said there were many instances when she and three of her female colleagues (interns) had clear instructions to reach a hotel after office hours for a private party hosted for influential friends.

Also Read: India’s Junior Foreign Minister M.J. Akbar Quits Following #MeToo Harassment Allegation By Women

She says the influential friends were “mostly bureaucrats and sometimes politicians and foreign nationals” who were “all ready to violate you, force you to dance against your wishes, drink with them, make drink(s) for them, exchange your numbers and even quietly accompany them to their respective rooms if they want you to”.

Veteran writer-director Vinta Nanda, who earlier this month accused actor Alok Nath of sexually violating her 19 years ago, wrote on Twitter: “I’m neither shocked nor surprised. I salute your courage to have come out and spoken out. The rot runs deep.” (IANS)