Air India
06-25-2008 | 08:19 PM
#11
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Joined: Apr 2008
Posts: 79
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From: A320 FO
Boeing statements regarding aviation in India
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Run Forest, Run! It ain't pretty. I think airlines will start to send expats home in the the very near future. They will either exercise their 30 day contract termination clause, or you will just fail your checkride, and make it convenient for the airline to get rid of you. Here is the article. The first sign of real trouble will be when hotel bills aren't paid and then your paycheck will "rubber biscuit."
After 2012, India demand will fall 50%, says BoeingManisha Singhal / Mumbai June 26, 2008, 0:09 ISTAircraft manufacturer Boeing is reducing its forecast of the Indian market by half beyond 2012 as a result of the slowdown in the aviation sector.
"This is not the time when airlines would talk about booking new orders. If we were talking about an order size of 60 earlier, it would be between 25-30 for the next ten years from 2012," said Dinesh Keskar, senior vice president (sales), Boeing.
Keskar also said that airlines in India would have to cut existing capacity by at least 10-12 per cent to tide over the current crisis.
"Airlines in the US are cutting capacity by 10 per cent approximately. In India, they will have to sooner or later cut at least 10-12 per cent capacity," he said.
However, Keskar also pointed out that there has been no cancellation or deferring of orders by domestic carriers until now, despite their plea that there is need to trim capacity.
"We are not getting any indications of deferment of deliveries from our buyers," Keskar said.
Boeing assisted low-cost carrier SpiceJet to sub-lease its deliveries to other buyers, thereby insulating itself from a possible deferment of five aircraft deliveries that the airline was scheduled to get over five months beginning this month. Boeing has an order book of 161 aircraft between Jet Airways, Air India and SpiceJet with deliveries scheduled till 2012.
Another aircraft manufacturer Airbus was non-committal and said, "When customers refine their fleet renewal plans, we work with them and adapt."
Keskar points out a development which could emerge from the current crisis. He says it will bring about a business-model differentiation.
"There was an artificial stimulation of demand, which was the result of irrational pricing by the airlines. Now, there will be an actual business model differentiation between a full-service carrier and no-frills carrier, as, it is being realised that there is no such thing as low-cost airlines," he said.
Something to think about..............
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Run Forest, Run! It ain't pretty. I think airlines will start to send expats home in the the very near future. They will either exercise their 30 day contract termination clause, or you will just fail your checkride, and make it convenient for the airline to get rid of you. Here is the article. The first sign of real trouble will be when hotel bills aren't paid and then your paycheck will "rubber biscuit."
After 2012, India demand will fall 50%, says BoeingManisha Singhal / Mumbai June 26, 2008, 0:09 ISTAircraft manufacturer Boeing is reducing its forecast of the Indian market by half beyond 2012 as a result of the slowdown in the aviation sector.
"This is not the time when airlines would talk about booking new orders. If we were talking about an order size of 60 earlier, it would be between 25-30 for the next ten years from 2012," said Dinesh Keskar, senior vice president (sales), Boeing.
Keskar also said that airlines in India would have to cut existing capacity by at least 10-12 per cent to tide over the current crisis.
"Airlines in the US are cutting capacity by 10 per cent approximately. In India, they will have to sooner or later cut at least 10-12 per cent capacity," he said.
However, Keskar also pointed out that there has been no cancellation or deferring of orders by domestic carriers until now, despite their plea that there is need to trim capacity.
"We are not getting any indications of deferment of deliveries from our buyers," Keskar said.
Boeing assisted low-cost carrier SpiceJet to sub-lease its deliveries to other buyers, thereby insulating itself from a possible deferment of five aircraft deliveries that the airline was scheduled to get over five months beginning this month. Boeing has an order book of 161 aircraft between Jet Airways, Air India and SpiceJet with deliveries scheduled till 2012.
Another aircraft manufacturer Airbus was non-committal and said, "When customers refine their fleet renewal plans, we work with them and adapt."
Keskar points out a development which could emerge from the current crisis. He says it will bring about a business-model differentiation.
"There was an artificial stimulation of demand, which was the result of irrational pricing by the airlines. Now, there will be an actual business model differentiation between a full-service carrier and no-frills carrier, as, it is being realised that there is no such thing as low-cost airlines," he said.
Something to think about..............
06-26-2008 | 03:04 AM
#12
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Joined: Aug 2005
Posts: 1,488
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From: tri current
Hi Koru:
It was directed at a post that has now been removed by the Administrator. Blatant advertising by a recruiter and not even germane to this thread. Sorry for the confusion.
Typhoonpilot
06-30-2008 | 12:25 AM
#15
Gets Weekends Off
Joined: Mar 2006
Posts: 701
Likes: 0
From: Contract purgatory
Yup, I was at Flightcraft for a while. They have another sister op at the moment as well, Flair, that has a couple of B727 freighters and a pax machine as I understand it. Freighters are OK, but I'm not sure how anyone is operatind an old non -200 powered 727 without bleeding money . . . but I digress.
I'd rather not post my email address here again if you don't mind. Get to the point of being able to PM, I think 10 posts, or post some hotmail address for yourself or something perhaps.
Enjoyed KFC by the way. I was on the B727 and the CV580/5800 and it was all a blast. Mike Coulthard, the CP, is an excellent guy.
I'd rather not post my email address here again if you don't mind. Get to the point of being able to PM, I think 10 posts, or post some hotmail address for yourself or something perhaps.
Enjoyed KFC by the way. I was on the B727 and the CV580/5800 and it was all a blast. Mike Coulthard, the CP, is an excellent guy.
06-30-2008 | 03:58 AM
#16
Thread Starter
Line Holder
Joined: Jan 2007
Posts: 440
Likes: 14
From: 30 West
I've been working through a new US based company, Economy Dynamics Ltd. There's not much out there about them, but i did speak on the phone last night to a retired UAL captain who is at Air India with them. The individual I spoke to told me he had dealt with Rishworth as well and liked Economy Dynamics much better. The guy who runs the new outfit is an Indian expat who seems to be very eager to please. They guy I spoke to has been working on this contract for about a year. I tried to Google Economy Dynamics and got nothing so they are way under the radar......(866) 689-9990
06-30-2008 | 06:59 PM
#17
On Reserve
Joined: Jun 2008
Posts: 14
Likes: 0
Thanks Koru,
Understand. I'm with a major in the states and have the 727 t shirt. I'm looking at overseas. Have that t shirt too, but trying to get ducks in a row again.. either that or go be a gentleman farmer in the OK and change gears. Might be a breath of fresh air.
Understand. I'm with a major in the states and have the 727 t shirt. I'm looking at overseas. Have that t shirt too, but trying to get ducks in a row again.. either that or go be a gentleman farmer in the OK and change gears. Might be a breath of fresh air.
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