New analysis conducted by Beechcraft ahead of
its attendance at India Aviation 2014, also revealed
that the company built this strong market share
by holding a leading share of new aircraft deliveries
over the past decade. Indeed, between 2004 and
2013 Beechcraft delivered 44 business aircraft
to India 39 per cent of the total number
of deliveries by all manufacturers over this period.
Beechcrafts strength in the business turboprop
market over the past ten years was also underlined
by its delivery of 20 of the 24 new business turboprops
to India an 83 per cent share.
This announcement comes a month after Beechcraft
announced the opening of a new office in New Delhi
dedicated to servicing existing and potential
customers in India and the appointment of the
companys first country director. Beechcraft
has been present in India for more than half a
century, and it is as exciting a market for us
today as it was then, said John Williams,
Beechcraft country director, India. We view
India as a very important country and we are proud
to have developed a strong and loyal customer
base that relies on Beechcrafts track record
for rugged, flexible and reliable aircraft to
conduct their business air travel.
New research for Beechcraft amongst global
professional investors and senior business executives
found that Indias economy is expected to
grow at a faster rate than its fellow BRIC countries.
Indeed, 63 per cent of respondents believed that
India would outstrip Brazil, Russia and China,
compared to just 8 per cent who felt that its
growth would be lower than the BRIC average. Indias
economy continues to hold great promise
both in terms of local and international commerce,
continued Williams. This in turn is expected
to fuel demand for business aviation within the
country as fast-growing local businesses look
to unlock potential trade avenues both within
India but also in neighbouring countries. As the
most-widely used business aircraft in India, we
believe that Beechcraft offers the ideal platform
for businesses looking to expand their operations
on an international level.
The company this year celebrates the 50th anniversary
of the King Air series as one of the best-selling
business aircraft family in the world. Since 1964,
Beechcraft has delivered nearly 7,200 King Airs
with the worldwide fleet recently surpassing 60
million flight hours. In 2013, worldwide King
Air-series deliveries increased by 52 per cent
from the previous year.
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