August 2012 Contact: email@example.comPratt & Whitney to supply engines for IndiGo aircraft The PurePower engine uses an advanced gear systemET Bureau, July 9, 2012 allowing the engines fan to operate at a different speed than the low-pressure compressor and turbine. TheEngine maker Pratt & Whitney, a division of United combination of the gear system and an all-new advancedTechnologies Corp, and IndiGo signed an agreement for core delivers double-digit improvements in fuel efficiencyPurePower PW1100G-JM engines for the low-cost and environmental emissions as well as a 50 percentairlines 150 Airbus A320neo family aircraft. The reduction in noise.agreement includes 300 firm PurePower PW1100G-JMengines with additional options and a long-term IndiGo is Indias largest low-cost carrier, as well as thePureSolution(SM) maintenance agreement, according to fastest growing carrier. It operates domestic servicesa statement. Deliveries are scheduled to begin in 2015. linking 32 destinations. Its main base is Delhis Indira Gandhi International Airport."With oil prices on the rise, we are more satisfied thanever with our selection of the Pratt & Whitney PurePower PureSolution service agreements provide flexible andengine," said IndiGo President Aditya Ghosh. "As a result comprehensive aftermarket solutions for PurePowerof the lower engine operating cost, we are confident that engine family operators and ensure lowest cost ofwe can maintain our competitive low fares while ownership throughout the engine life cycle.simultaneously offering our customers the mostenvironmentally friendly way to fly." TCS Insights: Though the Indian civil aviation industry has hit turbulence, the industry is optimistic for clearAs part of this agreement, each IndiGo Airbus A320neo weather in the long term. IndiGo’s Pratt & Whitney orderfamily aircraft will be powered by two PurePower to supply PurePower engines for its new aircraftsPW1100G-JM engines with benefits including double-digit highlights the opportunities waiting to be explored forreductions in fuel burn, environmental emissions, engine Canadian companies in the Indian aviation sector.noise and operating costs when compared with todaysengines, said the statement. Right time for Western firms to tap Indian aeropsace"This IndiGo order represents one of the largest engine market: Deloitte Touche Tohmatsuorders in Pratt & Whitneys long history," said Todd PTI, July 10, 2012Kallman, president, Commercial Engines & GlobalServices for Pratt & Whitney. "We are excited by the With spending on aerospace and defence growing inopportunity to power IndiGos A320neo fleet and fly its India, a major global consultancy firm has said this wascustomers with the dependable Pratt & Whitney the "right time" for European and American companies toPurePower engines." invest in the market which is estimated to become the third largest after the US and China by 2020.Pratt & Whitney has more than 2,500 PurePower engineson order, including options. "This is the right time to tap Indian aerospace market as India has ambitious plans to enhance its capabilities with
The Canadian Trade Commissioner Service Everywhere You Do Businessprocurement and support from overseas companies," 330s, the airline said in a statement today, adding thatDeloitte Touche Tohmatsu India Director Nidhi Goyal the agreement was valued at $ 150 million.said. The private carrier already has a similar agreement toSuch a move "may help (global aerospace and defence) maintain, repair and overhaul same engines fitted in ten Aindustry to boost their revenues and also plan to 330-200 planes Jet already operates, it said.consolidate later amidst low cost advantage in India," shesaid. "GEs OnPoint solution agreement is a comprehensive engine maintenance solution that maintains our engines"India has a major procurement program due to to ensure the superior operational reliability for which Jetincreasing requirement in both aerospace and defence, Airways is highly regarded," Jet CEO Nikos Kardassiswhich is not only attractive for Indian industry but also for was quoted as saying.companies in Europe, USA and other regions," Goyalsaid. GE Vice President (South Asia) Nalin Jain said his company was "honoured by the continuing faith reposedHer comments came in the wake of a Deloitte report on in us by Jet Airways in selecting GE as the engine ofthe performance of the global aerospace and defence choice for their Airbus A330 aircraft."industry which suggested "a continued uncertain defenceoutlook" that was likely to impact its overall financial Jet Airways and its low cost brand, JetKonnect, operate aperformance in 2012. modern jet fleet of GE90-powered Boeing 777-300ER, CFM56- powered Boeing 737 Next Generation and CF6-The report, however, said that defence spending was powered Airbus A330."increasing in geographies such as India, China, Japan,the United Arab Emirates, Saudi Arabia and Brazil as a TCS Insights: Providing comprehensive MRO servicesresult of increases in wealth and in light of growing to Indian airlines will help secure orders for criticalnational security concerns." equipments of aircrafts. The Indian MRO industry is still at its nascent stage and many global players are in theIt also indicated that defence revenues were likely to be process of setting up MRO facilities to meet the serviceimpacted by decreased defence budgets mainly in the needs of Indian airlines.West, competing domestic priorities, weaker than ndexpected economic performance in the western world “MRO India 2012” (www.mroindia.com) – The 2and the drawdown of forces in Iraq and Afghanistan. International Networking Conference and Exhibition is being held at Mumbai from 25-27 Sep 2012 and willTCS Insights: Deloitte’s report underscores the attract participation of national and internationalimportance of India for global aerospace and defence stakeholders in the India MRO industry.companies. The Indian government’s announcement ofprocurement programs in aviation and defense sectors Canadian companies can participate in the event andand the resulting offsets provides an opportunity for witness firsthand the market potential for such services inCanadian companies to look at India not only for the India. Contact theTrade Commissioner Service in Indiadomestic market but also for addressing global markets for more information on MRO India conference andby setting up R&D centers and developing new exhibition.technologies and products.Several leading international players such as GE, Airbus, Religare groups Air Mantra to start regional flightsRolls Royce, Boeing etc., have already set up R&D PTI, July 16, 2012Centers in India. Religare Groups scheduled regional airline Air Mantra today said it will start passenger services from July 23,Jet Airways signs agreement with GE on aircraft beginning with daily flights between Amritsar andengine repair Chandigarh in the northern sector.PTI, July 9, 2012 Part of Religare Voyages Ltd, which currently runsJet Airways has signed a $ 150 million agreement with chartered services, Air Mantra plans to further expand itsmajor engine-maker GE Aviation to cover maintenance, network to connect various smaller cities, includingrepair and overhaul for new engines to be fitted in nine Jammu and Dharamshala very shortly.Airbus A-330 aircraft which it would start inducting laterthis year. Better service and connectivity is our primary objective. Every possible detail has been taken intoThe 10-year OnPointSM solution agreement would cover consideration to ensure that our esteemedthe new CF6-80E engines that would power the nine A- passengers have a wonderful experience with safe
The Canadian Trade Commissioner Service Everywhere You Do Businessand comfortable flight," Religare group CEO and MD Religare Voyages was set up about five years ago withSanjay Godhwani said in a statement. the launch of air charter services and it has a fleet of 12 aircraft, ranging from the 5-seater turboprops to 17 seaterMantra currently has two exclusive 17-seater Beechcraft corporate luxury jets.1900D aircrafts, which have been personalised to makeevery seat window-cum-aisle seat. TCS Insights: As the metro routes become saturated and new airports come up in important towns, airlines"India, a country with 28 diverse states, hundreds of cities are deploying smaller planes to connect such towns withand more than a billion people, has limited airlines main cities.serving smaller cities. Mantra aims to put those untappedcities on a map, boost air travel and connectivity by inter- It is generally accepted by all the stakeholders thatconnecting cities out of the radar of most airlines," the growth in domestic air traffic will come from regionalcompany said. routes and hence new airlines are addressing this market."With further expansion on the cards the plan foreseesJammu and Dharamshala entering its fold shortly," it This opens market potential for Canadian small aircraftadded. manufacturers for flying short distances.