AIESL disinvestment in a couple of months: Civil Aviation secretary
Civil Aviation Secretary Rajiv Bansal on Tuesday said that despite being a large country, India does not have the capability to manufacture commercial aircraft and this has been one of its “biggest failures”.
Last month, Air India placed an order for 470 aircraft: 250 with European plane maker Airbus and 220 with American giant Boeing. While this is the world’s largest ever single-tranche aircraft purchase, all these planes would be built in Europe and America.
On the other hand, China’s state-owned Commercial Aviation Corp of China (COMAC) has delivered the first domestically-manufactured commercial aircraft, C919, late last year. The company claimed that it has received 1,200 orders for the jet.
