At the India Aviation 2008 exhibition and conference in Hyderabad, India, Boeing’s vice president of commercial airplane sales said that India will need 1,001 new commercial airplanes worth about $105 billion over the next two decades. That’s according to Boeing’s 2008 Market Outlook.
“The long-term fundamentals of growth that drive commercial aviation in India remain strong, despite the near-term challenges that face the country,” said Boeing’s Dinesh Keskar in a statement.
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The Wall Street Journal a couple of days ago reported the other way
http://online.wsj.com/article_email/SB122424751241244361-lMyQjAxMDI4MjE0NzIxNDc3Wj.html
The Boeing spokesperson didn’t say anything about how India’s airlines would pay for the airplanes, the Boeing study just said that they need the airplanes. Kind of like Airbus’ backlog; a lot of need and no cash.