There is a tremendous shortage of pilots in India.
This is just the first phase of consolidation.
The scale is going to go up for them.
This would mean a lot of business opportunities from this region for aircraft manufacturers in the coming years.
We have already announced commitments for various services facilities in India for which we would put in some $185 million in phases.
We are committed to our customers' success. Our airline partners are looking for solutions, and Boeing has the most efficient airplanes and the broadest range of support products and services to help our customers maximize their fleets' operational efficiency.
Looking at the context of infrastructure improvements in the sector, the numbers of people that are flying and the plans of airlines that are operating, we believe we will revise our estimate upwards in the next four, five months.
India contributed almost 12 percent of our total business of $120 billion in 2005. The Air India deal alone was a phenomenal one, as orders for as many as 68 aircraft were placed.
These are challenges before the industry which can severely limit performance and the airlines' ability to operate efficiently and profitably.
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