Airbus views demand for 24 thousand aircrafts!

Aircraft manufacturer Airbus foresees a demand of 24,300 new passenger and freighter aircrafts which are valued at about $2.8 trillion. This visualization is for the period till 2026. The Annual Global Market forecast of Airbus says that it will create an average annual delivery of around 1,215 aircrafts, which is certainly a big number. Although this will give a boost to manufacturing sector of airplanes but there are two grave problems to this growth. First is the fuel cost. As the world knows, the fuel prices have risen sharply in past 2 years which was not even foreseen by the economy analysts. This sudden rise in fuel prices (A nice article about this: The Price Of Oil: affecting factors and it's future...) is another game of the gap between supply and demand. By, 2026 the fuel burnt per 100 passengers per Kilometer is expected to be 3 litres!

The next problem is of the air traffic. Even today the Air traffic controllers are having a tough time to resolve the traffic problems. In world's most developed cities like NewYork, Los Angeles, Hong Kong and even our own amchi Mumbai the condition is very close to saturated. The condition in 2026 will be horrible if no solutions are put in place. One of the solution to increase efficiency is to discontinue the old planes which consume more fuel and deploy new planes. But again the degree of practicality is associated with it. In India, the aviation sector has seen a downfall in last 6-10 months and there is a very tough competition. Even the customers will be increasing in future, the scenario will be same. Invest wisely in Aviation sector.

Airports also take Wings...

Much to the delight of air-travellers, most of the 35 non-metro airports in the country will be modernised by 2010. Expressing optimism, the civil aviation minister Praful Patel says "Work is satisfactorily progressing at these airports and we are sure that most of them would be ready within next three years." According to estimates, close to Rs: 4,662 crore would be spend for developiong the airside and terminals of these airports. Whereas city side development will require about Rs: 1,500 crore. The development of airports in northeastern states will be done according to priority, because sometimes its the only means of travel in those regions.
Three new greenfield airports are being planned for northeast. The first - for ATR 72 operation- will be constructed at Pekyoung in Sikkim at approximate costs of Rs: 340 crore.Other proposals are for airports at Cheithu in Nagaland and in Itanagar.Guwahati airport in assam is also undergoing modification at a cost of Rs:32.4 crore.The 35 airports to be modernised are: Ahmedabad, Amritsar, Guwahati, Jaipur, Udaypur, Thiruvananthapuram, Lucknow, Goa, Madurai, Mangalore, Agatti, Aurangabad, Khajuraho, Rajkot, Vadodara, Bhopal, Indore, Nagpur, Vishakhapatnam, Trichi, Bhubneshwar, Coimbatore, Patna, Port Blair, Varanasi, Agartala, Dehradun, Imphal, Ranchi, Raipur, Agra, Chandighar, Dimapur, Jammu and finally PUNE!Currently the airports in Delhi and Mumbai are in process of modrnisation and first phase will be over till 2010.
The Planning Commision says that the next five-year plan will emphasise the provision of infrastructure at airports"at a much faster pace" to cope with massive growth of aviation sector. Transportation infrastructure plays a vitol role in shaping business locationand urban development. Airports today are more than avation infrastructure.