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IA's Airbus Fleet Acquisition Cost Shoots Up  
User currently offlineMrniji From , joined Dec 1969, posts, RR:
Posted (9 years 3 months 15 hours ago) and read 3381 times:

And exactly this happens when 739278932 committees "reevaluate" everything! Can someone tell these stupid people what crap they have done in the past and that they should read their economics textbooks (they probably never have read)?

This was exactly my argument! Waiting will cost even more in the end (not only operational losses!!)

From: The Hindu businessline

Full article: http://www.thehindubusinessline.com/...08/04/stories/2005080403500900.htm

IA's Airbus fleet acquisition cost shoots up

[...]

Interestingly, the project proposal was valued at Rs 10,089 crore, when it was cleared by the airline's board in 2002. However, in November 2004, after the meeting of the Public Investment Board (PIB), the cost of the acquisition came down by as much as Rs 614 crore to Rs 9,475 crore due to exchange rate fluctuations.

Official sources had indicated then that while the US dollar was being quoted at Rs 49 when the board approved the proposal, it was around Rs 46 when the PIB meeting took place, thereby bringing down the cost of the project. However, going by the Minister's statement in Parliament recently, it would seem that the project cost has gone up by Rs 148 crore from the original price at which it was cleared by the board, and by Rs 762 crore from the level at which the PIB approved the project.

18 replies: All unread, jump to last
 
User currently offlineHAWK21M From India, joined Jan 2001, 31692 posts, RR: 56
Reply 1, posted (9 years 3 months 14 hours ago) and read 3271 times:

Get 21 Aircraft instead of 42 but get them now.Waiting will make things Expensive.
GOI is %^#@ IC & AI.  Sad
regds
MEL



Think of the brighter side!
User currently offlineAseem From India, joined Feb 2005, 2046 posts, RR: 10
Reply 2, posted (9 years 3 months 13 hours ago) and read 3183 times:

Quoting HAWK21M (Reply 1):

add to it the revenue lost due to not having the planes in operation!!



ala re ala, VT-ALA ala
User currently offlineGamps From United States of America, joined Jul 2003, 469 posts, RR: 1
Reply 3, posted (9 years 3 months 10 hours ago) and read 2987 times:

Praful Patel and Jet HQ must be very happy with this. It is not the babus who are holding up this, but Patel for his buddies at Jet Airways. What a shame. Hope MM Singh sees this and sends Patel packing before he destroys both IA and AI.

User currently offlineHAWK21M From India, joined Jan 2001, 31692 posts, RR: 56
Reply 4, posted (9 years 3 months 9 hours ago) and read 2883 times:

I wonder if these delays only Occur in IC & AI.Sad case.Look at the way the other Indian operators are ordering.
regds
MEL



Think of the brighter side!
User currently offlineMrniji From , joined Dec 1969, posts, RR:
Reply 5, posted (9 years 2 months 4 weeks 1 day 20 hours ago) and read 2635 times:

Quoting Gamps (Reply 3):
Hope MM Singh sees this and sends Patel packing before he destroys both IA and AI.

Alternatively, he could order Pakistan to launch a Short-Range Ballistic Missile on the Ministry of Civil Aviation (but tell 'em to be precise and careful, I only work 1 mile away Big grin ) - that would help us to get rid of that wacky institution and maybe start a more "efficient" privatization process..


User currently offlineHAWK21M From India, joined Jan 2001, 31692 posts, RR: 56
Reply 6, posted (9 years 2 months 4 weeks 1 day 20 hours ago) and read 2608 times:

Maybe Airbus should start its A320 World tour to India  Smile
regds
MEL



Think of the brighter side!
User currently offlineCricket From India, joined Aug 2005, 2971 posts, RR: 7
Reply 7, posted (9 years 2 months 4 weeks 1 day 20 hours ago) and read 2611 times:

Quoting Mrniji (Reply 5):
Alternatively, he could order Pakistan to launch a Short-Range Ballistic Missile on the Ministry of Civil Aviation (but tell 'em to be precise and careful, I only work 1 mile away Big grin ) - that would help us to get rid of that wacky institution and maybe start a more "efficient" privatization process..

In the aftermath of that I guess we'll all die and there will no need for planes in India anymore  Smile
No seriously, I think you guys give PeePee some serious stick, I've spent a lot of time with the man. OK, he knows how to meet and speak to the media and he is a very close friend of a certain Mr Goyal, but you gotta admire his style. At least in this current government of Class-A idiots. As a reporter, PeePee is a lot nicer to meet than say Chiddu Chodu or Maran or Lalu or Paswan. But then again, only Mani Aiyar is doing any 'decent' work.
Honestly, while the AI order for Boeing will go through fast (thanks to the 'new' Indo-US friendship) don't be very surprised if IC suddenly cancels Airbus and buys 737NG's.
What I hate PeePee for is not for delaying the order but for making a 1 hour 35 minute DEL-BOM v.v flight into a Three Hour darshan of India and doing jack about the two main airports in this country. No offense to the people who don't stay in DEL/BOM but these two airports account for 60% of domestic, 65% of international traffic and 75% of frieght traffic. And well, its not PeePee's fault - but you have to blame the evil communists who are trying to revert India back into the dark ages by encouraging the AAI union to protest divestment. Hopefully, PeePee will see the light (maybe when Naresh shows it to him) and tell the commies to buzz off. Trust me, we need the airports before we need the airlines.
I've seen Sunil Mittal's plan (the Bharti-Changi combine) for DEL, and I'll tell you this much, its sweet, very sweet.



A300B2/B4/6R, A313, A319/320/321, A333, A343, A388, 737-2/3/4/7/8/9, 747-3/4, 772/2E/2L/3, E170/190, F70, CR2/7, 146-3,
User currently offlineMrniji From , joined Dec 1969, posts, RR:
Reply 8, posted (9 years 2 months 4 weeks 1 day 20 hours ago) and read 2593 times:

Quoting Cricket (Reply 7):
At least in this current government of Class-A idiots.

Oh, if the current ones are class A idiots, how about that circus with the BJP in the middle  Wink - but agreed, many wrong people in high positions

Quoting Cricket (Reply 7):
Honestly, while the AI order for Boeing will go through fast (thanks to the 'new' Indo-US friendship) don't be very surprised if IC suddenly cancels Airbus and buys 737NG's

If that happens, I will call the Central Vigilance commission - there is something not going right in the Ministry (and the whole GOI)

Quoting Cricket (Reply 7):
What I hate PeePee for is not for delaying the order but for making a 1 hour 35 minute DEL-BOM v.v flight into a Three Hour darshan of India and doing jack about the two main airports in this country

Yes, I agree.. Normally I love airports, but in DEL and BOM I get there at the latest point of time to get out again asap! These dumps .. but why building modern airports and pretending that India is changing in favor of the masses?  Wink


User currently offlineHAWK21M From India, joined Jan 2001, 31692 posts, RR: 56
Reply 9, posted (9 years 2 months 4 weeks 1 day 20 hours ago) and read 2577 times:

In case IC does choose the B737NGs over the A320s.I wonder what would happen to the current Fleet & crew.Will the expenditure loosing all that cover the cost saving achieved by changing the fleet.
There will be a lot of questions asked.
Personally for Me A320s or B737NGs both will do.Maybe after I think off the B752SFs  Smile
regds
MEL



Think of the brighter side!
User currently offlineCricket From India, joined Aug 2005, 2971 posts, RR: 7
Reply 10, posted (9 years 2 months 4 weeks 1 day 20 hours ago) and read 2574 times:

Quoting Mrniji (Reply 8):
h, if the current ones are class A idiots, how about that circus with the BJP in the middle

I don't deny that the BJP government weas a circus, and PeePee is a lot better than his last two predecessors - so as CivAv ministers go - he's better than what we have had.

Quoting Mrniji (Reply 8):
If that happens, I will call the Central Vigilance commission

The CVC is a witch-hunt commission and you do not want to read CAG or CVC reports these guys are mad!



A300B2/B4/6R, A313, A319/320/321, A333, A343, A388, 737-2/3/4/7/8/9, 747-3/4, 772/2E/2L/3, E170/190, F70, CR2/7, 146-3,
User currently offlineBlrsea From India, joined May 2005, 1426 posts, RR: 3
Reply 11, posted (9 years 2 months 4 weeks 1 day 19 hours ago) and read 2555 times:

Quoting Cricket (Reply 7):
But then again, only Mani Aiyar is doing any 'decent' work.

That man makes me sick!! Don't like his policies, don't like his style or his writings. Wonder how that guy even made it to IFS. Hope he is kicked out in the next reshuffle, or atleast is divested of oil & gas ministry!!


User currently offlineCricket From India, joined Aug 2005, 2971 posts, RR: 7
Reply 12, posted (9 years 2 months 4 weeks 1 day 18 hours ago) and read 2495 times:

Quoting Blrsea (Reply 11):
That man makes me sick!!

Did you that pic of him hugging LN Mittal.



A300B2/B4/6R, A313, A319/320/321, A333, A343, A388, 737-2/3/4/7/8/9, 747-3/4, 772/2E/2L/3, E170/190, F70, CR2/7, 146-3,
User currently offlineHAWK21M From India, joined Jan 2001, 31692 posts, RR: 56
Reply 13, posted (9 years 2 months 4 weeks 1 day 17 hours ago) and read 2464 times:

I'd rate Chidambaram Higher  Smile
regds
MEL



Think of the brighter side!
User currently offlineBlrsea From India, joined May 2005, 1426 posts, RR: 3
Reply 14, posted (9 years 2 months 4 weeks 1 day 8 hours ago) and read 2321 times:

Quoting Cricket (Reply 12):
Did you that pic of him hugging LN Mittal.

That, and another one of him fawning over the pakistani minister when he went there to discuss the iran pipeline. He gets the award for being the chamacha of the decade!! And the way he grovels before the Gandhi family, his utter lack of self-respect and anti-nationalistic comments are enought to turn anyone off....

Atleast Chidambaram, Maran, Pranab and others are much better. Natwar, Arjun singh, Shivraj Patil and Iyer are the worst of the lot!! But they are all staunch family loyalists, and so no chance of being kicked out...


User currently offlineMrniji From , joined Dec 1969, posts, RR:
Reply 15, posted (9 years 2 months 4 weeks 1 day 8 hours ago) and read 2297 times:

Quoting Blrsea (Reply 14):
Atleast Chidambaram, Maran, Pranab and others are much better. Natwar, Arjun singh, Shivraj Patil and Iyer are the worst of the lot!! But they are all staunch family loyalists, and so no chance of being kicked out...

And the story of teh day is: LALOO is doing a fantastic job as railwy minister  bigthumbsup .. cheaper tickets, higher profits and cleaner trains since polyethene is banned (and higher growth for Bihar, as most of teh alternative stuff, as clay cups, were contracted tehre - what a coincidence Big grin )


User currently offlineCloud4000 From United States of America, joined Dec 2003, 641 posts, RR: 0
Reply 16, posted (9 years 2 months 4 weeks 1 day 8 hours ago) and read 2283 times:

Apologies if this has been covered before, but I have a couple of questions.

1) What will IC do with its fleet of aging A300s? Any plans to acquire some A330s?

2) What is the future of Alliance Air, IC's LCC subsidiary?

3) Any plans to merge AI and IC?

Thanks



Boston, USA
User currently offlineBlrsea From India, joined May 2005, 1426 posts, RR: 3
Reply 17, posted (9 years 2 months 4 weeks 1 day 7 hours ago) and read 2209 times:

Quoting Cloud4000 (Reply 16):
What will IC do with its fleet of aging A300s? Any plans to acquire some A330s?

They are looking around to lease some A330s, but unfortunately haven't got much response. They were planning to start new services to UK with leased planes. As usual, the civil aviation ministry wanted them to consider B767s while IC and its pilots wanted to go for A330s. Given the shortage of widebodies now, they are not able to get either A or B.

Quoting Cloud4000 (Reply 16):
What is the future of Alliance Air, IC's LCC subsidiary?

They were planning on getting new A319s for Alliance Air,and the IC order was supposed to reflect that. Given our ministers preference for Bs and our archaic purchase process with 8748374837 committees going through each deal, it is safe to say that the plans exist on paper as of now  Smile

Quoting Cloud4000 (Reply 16):
Any plans to merge AI and IC?

There were talks around this sporadically. Depends on the government and minsiter in power, and the clout of the unions with each govt. As our former prime minister Narasimha Rao famously said, "not taking a decision is itself a decision" Big grin


User currently offlineHAWK21M From India, joined Jan 2001, 31692 posts, RR: 56
Reply 18, posted (9 years 2 months 4 weeks 20 hours ago) and read 2066 times:

Quoting Cloud4000 (Reply 16):
What will IC do with its fleet of aging A300s? Any plans to acquire some A330s

With just Two Flying currently.They need Widebodies desperately.The decision is B767s or A330s.Too add te normal GOI delays in deciding.

Quoting Cloud4000 (Reply 16):
What is the future of Alliance Air, IC's LCC subsidiary

A319s were supposed to replace the B732s,while 5 were to be retained & converted to B732SFs operating out of Nagpur.But until the A319s arrive,nothing can move.And currently the decision on procuring A320 family aircraft is being reviewed.  Smile

Quoting Cloud4000 (Reply 16):
Any plans to merge AI and IC

Not until now.
regds
MEL



Think of the brighter side!
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