more-inAerospace major Airbus said that India would require as many as 1,750 aircraft, valued at $255 billion, over the next 20 years. Airbus said globally, it enjoyed 55% market share with 718 aircraft being delivered and 7,265 aircraft in order backlog. In India, there were more than 300 Airbus aircraft in service, giving the firm 60% in fleet share in the more than 100-seat segment. It had more than 530 aircraft in order backlog, giving it a 70% share in order backlog in the country. Pratt & Whitney enginesTo queries about Pratt & Whitney engines on its aircraft, Airbus India director Srinivasan Dwarakanath said, “we work very closely with Pratt & Whitney, with the authorities.

Source: The Hindu March 09, 2018 16:56 UTC