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New Delhi, June 21, 2005 (Reuters)
European jetmaker Airbus, flush with its success in
India, aims to win at least half an estimated $55 billion
worth of new aircraft orders expected to come from the
country by 2023, an official said on Tuesday.
Airbus, majority-owned by European Aeronautic Defence
& Space Co. NV, is flying high after the recent
Paris Air Show, where Indian orders worth $13 billion
helped it outsell rival Boeing Co. by a margin of more
than two to one.
Responding to reports that Indian airports were not
equipped to handle its new A380 superjumbo, Airbus said
only modest changes would be needed to allow for its
large turning circle.
"We recognise there is an issue with the infrastructure,
but if we just sit back and wait for it to improve,
no aircraft will be ordered," Kiran Rao, Airbus's
senior vice president - marketing and pricing, told
a news conference on Tuesday.
Among other big Airbus orders in Paris, Kingfisher
Airlines ordered five A330s, five A350 jets and five
A380s in a $3 billion deal. Airbus estimates India will
eventually need 20 A380s.
Airbus said its squabble with state carrier Air-India
over its plan to buy up to 50 long-range Boeing aircraft
for $6.9 billion was over. Airbus is now focusing on
growing its share of the Indian market and using it
as a source for software services, design and composite
materials.
That includes A320 passenger doors from state-owned
Hindustan Aeronautics Ltd. (HAL) and software services
from Infosys Technologies Ltd. and HCL Technologies
Ltd.
HAL has a contract worth more than $80 million and
Infosys worked on the design and development of the
A380.
"Everyone knows the high-quality of work and the
cheaper costs here. As an Indian at Airbus, I will encourage
more outsourcing to India," Rao said.
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