Election Will Trigger Indian Bizav Revival Says Bombardier
Bombardier Business Aircraft is confident India’s general aviation market will revive following national elections in India that are to be held during April and May. Nilesh Pattanayak, Bombardier’s Asia-Pacific regional vice-president said there has been a big change in the regulatory environment and infrastructure since 2007, when he first came to India. Despite the country’s recent economic setbacks, he told AIN at this week’s India Aviation show in Hyderabad that he remains optimistic about further growth in private aviation.
“We believe there will be a revival at the end of the 2014 elections [to be concluded on May 12] and that 2015 is going to be a very strong year for business aircraft in India,” he said. “There is a high level of activity and interest in our products. Traditionally the larger cabin aircraft, such as our Global aircraft, have been the most in demand in India but there is increasing interest in our Challenger and Learjet aircraft as well.”
As far as charter business in India goes Pattanayak added, “Nobody will invest in charters unless the economy is strong. What is needed is a deep-pocketed large charter operator in India. Once the upturn happens India can expect to see significant player. We have partners that are interested.”
In the India Aviation static display, Bombardier showed of a Challenger 605 jet. The Canadian manufacturer now has a regional support office and authorized service center in Mumbai, as well as another in New Delhi.