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Thread: Indian newcomer IndiGo orders 100 Airbus jets
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Old Jun 16, 2005 | 6:37 am
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Indian newcomer IndiGo orders 100 Airbus jets
Not sure the delivery date or number of confirmed orders or options

http://yahoo.reuters.com/financeQuot...6572097_newsml

I have been one of the firm believers of the Indian market, but wow! with the number of orders announced in the last a few weeks by Air India, Kingfisher, Jetairways, Spicejets and pending order from Indian Air.... has anyone noticed the number of jets all the Indian airlines collectively own and the number orders and options they announced will soon match China's orders and existing fleet. Last I read, China has about 500 aircrafts plus less than 100 orders committed.

What is going on with all these orders centered around South Asian and Middle East? Too much risk? I actually think India has less risk than Middle East in the long term, but all these orders are staggering. For an upstart budget airlines - 100 orders!!!!!!!
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